United Arab Shipping

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.

30 Nov 2017
Six months after the merger process started, UASC was integrated with German carrier Hapag-Lloyd.
14 Nov 2017
UASC is making its presence felt as the carrier is merged into Hapag-Lloyd operations.