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UASC celebrates with Eurogate Hamburg 33,333,333rd container handling on board UASC Al Safat vesselToday marks a new container handling record at the EUROGATE Container Terminal Hamburg: over the past 40 years, 33,333,333 standard containers (TEU) have been handled. The jubilee container comes from the United Arab Shipping Company (UASC) and will be loaded today onto the container ship AL SAFAT, which is employed in the UASC AEC2 service between Asia, Europe and the Middle East. EUROGATE is celebrating the handling of the 33,333,333rd container together with UASC and its customer Siemens.
United Arab Shipping Company Expands Global Services - Appointing UAAA Pty Ltd in Australia.United Arab Shipping Company (UASC) announced the appointment of United Arab Agencies (Australia) Pty Ltd as the company’s official Agent in Australia to provide the full range of liner agency representation in the Australian market.
UASC Expands Global Services - Establishing United Arab Shipping Agencies Company IBERIA S.L. in Spain.United Arab Shipping Company (UASC) announced that effective July 1st 2010, all UASC activities in Spain will be run under a new joint venture (JV): “United Arab Shipping Agencies Company Iberia S.L. (UASAC IBERIA S.L.)”, established jointly with UASC’s agent in Spain Roca Monzo (RM), to attend to all UASC vessels and cargo operations for Spain and Portugal.
New trade lane Australia to South East Asia - service Asia Australia Container Service 1(AAC1)United Arab Shipping Company (UASC) announced that it will be launching a new service titled Asia Australia Container Service 1 “AAC1”, which will be covering the trade lane from Australia to South East Asia as of September 2010.
UASC launches a new service covering the trade route between Asia and the Adriatic SeaUnited Arab Shipping Company (UASC) in collaboration with Hanjin Shipping, Hyundai Merchant Marine and Yang Ming (UK), announced today launching a new service covering the trade route between Asia and the Adriatic Sea in both directions.
UASC secures term loan facility of KWD 25 million (USD 87 million equivalent) with Gulf Bank, KuwaitUnited Arab Shipping Company (UASC) announced the conclusion of a bilateral transaction of KWD 25 million (USD 87 million equivalent) as a senior unsecured term loan facility from Gulf Bank - Kuwait, who acted as the sole financial lender in this bilateral transaction.
UASC secures multi-currency ship financing of US$275United Arab Shipping Company (UASC) announced concluding a multi-currency US$ 275 million term loan facility on a ‘club deal’ basis. The funds have been secured to finance UASC’s acquisition of three A13 type container vessel new buildings, each with a capacity of 13,100 TEU.
UASC launches WAF1, a new joint service with Hanjin Shipping covering West AfricaUnited Arab Shipping Company (UASC) announced the launch of a new joint service WAF1 with Hanjin Shipping, covering the trade line to and from West Africa.
UASC & CSCL will swap slots between their AGX1 and AMA services Asia to Middle EastUnited Arab Shipping Company (UASC) announced that they have agreed a slot swap arrangement with CSCL involving their AGX1 and CSCL’s AMA service, both covering the Asia to Middle East trade.