Friday 24 November 2017
 
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United Arab Shipping

UASC, Hapag-Lloyd to set up world's 5th largest shipping firm

Dubai-based United Arab Shipping Company (UASC) recently completed its multi-billion dollar merger with Hapag-Lloyd through Dubai International Financial Centre (DIFC), a leading financial hub in the Middle East Asia and South Asia region.

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United Arab Shipping seals Hapag-Lloyd merger deal

Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company (UASC) have signed a business combination agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals. Apart from the BCA, th

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Hapag-Lloyd inks deal to buy UAE shipping firm

Hapag-Lloyd AG approved a plan to acquire all shares of United Arab Shipping Company, paving the way for the second merger in two years to bolster the position of Germany’s biggest container-shipping line in an industry plagued by excess c

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United Arab Shipping embarks on $2bn expansion drive

United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and ride out tough markets. UASC, founded in 1976, has corpor

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UASC wins big at Seatrade Awards

United Arab Shipping Company (UASC) scooped three of the industry’s highest awards last night (November 18) at the 10th Anniversary Seatrade Middle East & Indian Subcontinent Awards in Dubai. Ship Owner Owner/Operator Aw

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