UASC appoints new leadership to Board of Directors

· UASC has announced the appointment of Dr. Nabeel Al-Amudi as the new Chairman of the Company’s Board of Directors, and HE Sheikh Ali bin Jassim bin Mohammad Al-Thani, as Vice-Chairman.

· Both will be responsible for driving the Company’s ambitious global expansion plans and spearheading the Company’s strategic efforts to cement UASC’s positions as the market leader in the Middle East and as an emerging global carrier.

· Al-Amudi’s and Sheikh Al-Thani’s strong leadership experience and solid track record in spearheading complex and large organizations will be crucial as UASC moves forward with its global expansion plans. UASC is currently undergoing one of the industry’s largest and most technologically advanced newbuilding programs, recently naming the world’s most eco-efficient ultra-large container vessel.