UASC completes largest ever order

Published : 03-09-2014

United Arab Shipping Company (UASC) is pleased to announce that the final option for one additional 18,000 TEU vessel has been exercised bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC’s history, worth over US$ 2 billion for all 17 ships. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built… [B]Read More[/B]