Friday, October 20, 2017
Maritime News

Qatar Diplomatic Crisis Delays Sale of Gulf Shipping Firm, Sources Say

By Jonathan Saul and Tom Arnold LONDON/DUBAI, Oct 20 (Reuters) – Qatar’s diplomatic crisis is holding up the sale of a shipping company it part owns, one of the latest signs...

October 20, 2017
Total Views: 3

Thursday, September 28, 2017
Maritime News

Hapag-Lloyd Fleet ‘Complete’ as Latest UASC Newbuild ULCV is Delivered

By Mike Wackett (The Loadstar) – Hapag-Lloyd has taken delivery of the last of 17 ULCVs ordered by UASC in 2013 as “some of the greenest and largest container vessels...

September 28, 2017
Total Views: 30

Wednesday, May 24, 2017

Hapag-Lloyd Completes Merger with UASC

FRANKFURT, May 24 (Reuters) – Hapag-Lloyd and Arab sector peer UASC are focused on speedy integration, Hapag’s chief executive said after the German company announced completion of their delayed merger...

May 24, 2017
Total Views: 10

Tuesday, May 23, 2017
Maritime News

Gulf Bidders Emerge for UASC-Linked Shipping Unit -Sources

By Jonathan Saul and Tom Arnold LONDON/DUBAI, May 23 (Reuters) – Gulf-based bidders have emerged for the part-owned subsidiary of United Arab Shipping Company (UASC) whose sale is key to...

May 23, 2017
Total Views: 2

Thursday, May 18, 2017
Maritime News

Hapag-UASC Tie-Up Nears Completion as Funding Snags Overcome -Sources

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, May 18 (Reuters) – German shipping line Hapag Lloyd is close to completing a merger with United Arab Shipping Company (UASC) after UASC’s...

May 18, 2017
Total Views: 0

Tuesday, March 28, 2017
Maritime News

Hapag Lloyd-UASC Merger Hits Snag Over Ownership Share, Sources Say

By Jonathan Saul and Arno Schuetze LONDON/FRANKFURT, March 28 (Reuters) – A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line...

March 28, 2017
Total Views: 7

Wednesday, March 22, 2017
hapag-lloyd ship
Maritime News

Banker Queries Delay Hapag-Lloyd-UASC Merger

By Mike Wackett (The Loadstar) – The delay in the merger between Hapag-Lloyd and UASC is due to some of the Gulf carrier’s creditor banks “seeking additional security” from UASC’s...

March 22, 2017
Total Views: 4

Tuesday, November 15, 2016
hapag-lloyd ship
Maritime News

Hapag-Lloyd Seen Winning Conditional EU Approval for UASC Deal

By Foo Yun Chee Nov 15 (Reuters) – German container shipping line Hapag-Lloyd is set to secure EU antitrust approval for its merger with United Arab Shipping Company (UASC) after...

November 15, 2016
Total Views: 0

Tuesday, July 12, 2016
Maritime News

UASC Eyeing Chemical Tanker Unit Sale as Part of Hapag-Lloyd Deal

By Dinesh Nair and Nicholas Brautlecht (Bloomberg) — United Arab Shipping Co. is weighing a sale of its tanker business for oil and petrochemicals that could fetch more than $600...

July 12, 2016
Total Views: 1

Wednesday, June 29, 2016
hapag-lloyd containership
Maritime News

UASC: Shareholders Back Hapag-Lloyd Deal

BERLIN, June 29 (Reuters) – United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line Hapag-Lloyd AG at a meeting on...

June 29, 2016
Total Views: 19

Tuesday, June 28, 2016
Maritime News

Hapag-Lloyd Agrees to UASC Merger Deal

FRANKFURT, June 28 (Reuters) – German container shipping line Hapag-Lloyd AG has agreed a merger deal with United Arab Shipping Company (UASC), creating a group with an estimated value of...

June 28, 2016
Total Views: 13

Thursday, June 2, 2016

UASC Shareholders Back Merger With Hapag-Lloyd

LONDON, June 2 (Reuters) – The shareholders of Middle East container shipping group United Arab Shipping Company (UASC) back the company’s merger talks with German rival Hapag-Lloyd although there has...

June 2, 2016
Total Views: 17

Thursday, May 5, 2016
Maritime News

Maersk to UASC Count on Qatar to Provide Cleaner Fuels at Sea

By Mohammed Aly Sergie and Claudia Carpenter (Bloomberg) — Shippers from A.P. Moeller-Maersk A/S to United Arab Shipping Co. are testing liquefied natural gas to power their vessels, curb pollution...

May 5, 2016
Total Views: 4

Thursday, April 21, 2016
hapag-lloyd containership
Maritime News

Hapag-Lloyd and UASC in Merger Talks as Industry Grapples with Falling Freight Rates

By Nicholas Brautlecht (Bloomberg) — Hapag-Lloyd AG is in talks with United Arab Shipping Co. on a possible combination of their container businesses, potentially setting up the German company’s second...

April 21, 2016
Total Views: 24

Monday, April 18, 2016
Maritime News

Qatargas, UASC, and Shell Sign MoU to Develop LNG as Marine Fuel

Qatari natural gas producer Qatargas, United Arab Shipping Company and Shell have signed a Memorandum of Understanding (MOU) to explore the development of liquified natural gas as a marine fuel...

April 18, 2016
Total Views: 11

Wednesday, January 20, 2016
Maritime News

Saudi-Backed UASC Resumes Business in Iran

By Jonathan Saul LONDON, Jan 20 (Reuters) – United Arab Shipping Company is resuming business with Iran following the lifting of Western sanctions, despite the deep-seated political rivalry between the...

January 20, 2016
Total Views: 2

Tuesday, January 5, 2016
Maritime News

Ship Photos of the Day – Record-Breaking 18,601 TEU Arrives in UK

One of the world’s largest containerships arrived in the UK on New Year’s Day carrying a world record load from the Far East. The UASC-owned MV Al Muraykh was loaded...

January 5, 2016
Total Views: 4

Wednesday, December 16, 2015
UASC containership

UASC Containership Loads a Record 18,601 TEUs

United Arab Shipping Company says its M.V. Al Muraykh, one of the world’s greenest containerships, has loaded a world record 18,601 TEUs. UASC says the Ultra-Large Containership (ULCV) departed Port...

December 16, 2015
Total Views: 22

Friday, August 28, 2015
Maritime News

Fire on UASC Containership at Port of Hamburg

  A fire broke out in the cargo area of a UASC containership early Friday morning as it arrived at the port of Hamburg. Local media reports say that firefighters...

August 28, 2015
Total Views: 9

Tuesday, August 4, 2015
UASC SCHUAIBA, containership

UASC Settles With U.S. Federal Maritime Commission Over Shipping Act Violations

  The U.S. Federal Maritime Commission says it will collect at total of $1,227,500 in civil penalties after reaching settlement agreements with eight common carriers over violations of the Shipping...

August 4, 2015
Total Views: 4