United Arab Shipping

UASC, or United Arab Shipping Company, is the world’s 18th-largest container shipping company, with 53 vessels with a combined capacity of approximately 400,000 TEUs. Founded in 1976, the Dubai-based ocean carrier serves Asia from Singapore, Northern Europe from Hamburg, the Middle East and Indian Subcontinent from Dubai, the Mediterranean and North Africa from Istanbul, and the Americas from Cranford, New Jersey, USA.

UASC, the largest shipping company in the Middle East, was established jointly by the six Gulf Arab states Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and U.A.E.

UASC was the 19th-ranked container carrier in U.S containerized import trade in 2013, with volume of 186,944 TEUs, up 56.2 percent year-over-year, giving it market share of 1.0 percent. It was No. 21 in U.S. containerized export trade in 2013, with volume of 134,348 TEUs, up 17.8 percent year-over-year and market share of 1.1 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

29 Jun 2016
United Arab Shipping Company’s shareholders voted for a merger with German carrier Hapag-Lloyd.
28 Jun 2016
Hapag-Lloyd Tuesday said it had reached an agreement on the terms and conditions of a merger with United Arab Shipping Co.
United Arab Shipping Company will charge shippers for the creation of VGM data.
08 Jun 2016
Shippers have been told by another carrier of the steep cost of non-compliance with the new container weighing regulations.
United Arab Shipping Company is the latest container line to choose Inttra to help comply with SOLAS.
07 Jun 2016
United Arab Shipping Company is the latest container line to choose Inttra to help comply with a new international container weighing regulation.
02 Jun 2016
The shareholders of United Arab Shipping Co. signaled support for a proposed merger with Hapag-Lloyd.
25 May 2016
Hapag-Lloyd has postponed its annual shareholders’ meeting scheduled for June 1.
19 May 2016
United Arab Shipping Company shareholders are to vote early next month on a cooperation deal with Hapag-Lloyd.
12 May 2016
Five non-vessel-operating common carriers and forwarders have paid the U.S. Federal Maritime Commission to settle allegations they misrepresented cargo to carriers.
27 Apr 2016
Standard & Poor’s has placed Hapag-Lloyd on negative credit watch.
21 Apr 2016
Hapag-Lloyd and United Arab Shipping Company are in merger talks, in a surprise move that will accelerate consolidation in the troubled container shipping industry.
11 Apr 2016
Rapidly expanding United Arab Shipping Company announced that it is beefing up its East Coast South America operations with a new joint venture agency in Uruguay as part of a broader strategic push in the region, fueled by expected growth in refrigerated shipments.
chassis piled at port
29 Mar 2016
United Arab Shipping Co. has appointed TRAC Intermodal as the carrier’s sole chassis provider in the United States. Stuart Sandlin, president of UASC North America, said using a single chassis provider will benefit customers and make UASC more competitive in quoting carrier haulage rates under which the ship line arranges inland transportation.