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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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