United Arab Shipping

22 Apr 2014
Joseph J. Cortese, who retired last year as U.S. national sales manager at United Arab Shipping Co. after more than 40 years in the shipping industry, died April 20 at his home in Middletown, N.J. He was 67.
04 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.
In the next four years, MSC will challenge Maersk Line as the top ocean carrier.
17 Sep 2013
Mediterranean Shipping Co. will challenge Maersk Line as the world’s biggest ocean carrier over the coming four years, as it boasts the biggest order book for new vessels...
Triple E vessel Majestic Maersk in Ningbo, China.
10 Sep 2013
The recent surge in orders for mega-ships risks delaying the recovery in liner shipping beyond 2015, according to industry analyst Alphaliner.
09 Sep 2013
United Arab Shipping Company’s order for 10 mega-ships represents the first challenge to the market supremacy of major ocean carriers since Chinese lines...
30 Aug 2013
United Arab Shipping Co. has placed a $1.4 billion order for five 18,000-TEU container ships and five 14,000-TEU vessels with South Korea’s Hyundai Heavy Industries.
10 Jul 2013
When trans-Pacific eastbound spot rates plunged nearly 9 percent in the week ending July 10, it was the latest example that container shipping pricing this year has lost its staying power.
13 Jun 2013
United Arab Shipping Co. will implement a rate increase for dry and refrigerated cargo from Asia to the Mediterranean and Adriatic on July 1.
05 Jun 2013
United Arab Shipping Co.
21 May 2013
United Arab Shipping Co.’s ship Asir, which was crippled by an explosion that occurred in its engine room on May 11, has been moved to Jeddah, Saudi Arabia, by two tugs from Smit Salvage.
Asir, UASC container ship
13 May 2013
An explosion occurred yesterday in the engine room of United Arab Shipping Co.’s vessel Asir en route from Suez, Egypt, to Jeddah, Saudi Arabia, resulting in the loss of power of the vessel and injury of three officers.
08 May 2013
United Arab Shipping Co. will boost rates on some of its trade routes, effective June 1 (based on the bill of lading date)...

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