Port of Rotterdam’s Throughput Falls Amid Global Tensions
Europe’s busiest port, the Port of Rotterdam, saw a decline of 1.4% in its total throughput in the first quarter of 2024 compared to last year. In total, the port...
UASC ordered five vessels of 18,000 twenty-foot equivalent units (TEU) each, and five 14,000 TEU vessels. The ships are to be delivered starting in late 2014.
In addition, UASC signed options to buy one additional 18,000 TEU vessel and six 14,000 TEU ships. The price tag of over $2 billion includes those options, it said.
UASC was set up by the governments of Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates in 1976 to improve trade links with the rest of the world. (Reporting by Andrew Torchia; editing by Keiron Henderson)
© 2013 Thomson Reuters.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 105,968 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 105,968 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up