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Hyundai Heavy wins $2bn Gulf ship orderUnited Arab Shipping Company (UASC) said it had placed orders worth over $2 billion for very large container ships with South Korea's Hyundai Heavy Industries. UASC ordered five vessels of 18,000 twenty-foot equivalent units ( More… |
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Burgan completes finance deal with UASCBurgan Bank has announced its corporate banking group has successfully completed a finance deal with United Arab Shipping Company (UASC), one of the largest shipping companies in the Middle East. The $150 million loan will be used for fin More… |
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Govt-owned UASC eyes debut bondUnited Arab Shipping Company (UASC), jointly owned by a group of Gulf Arab states and Iraq, has picked banks for investor meetings before a potential dollar-denominated bond issue, arranging banks said on Monday. Deutsche Bank, Mitsubishi More… |
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United Arab Shipping chief to step downUnited Arab Shipping Company (UASC) president and chief executive officer Ken Bloch Soerensen will step down by the end of this month, said the company's board. Soerensen is leaving after the successful completion of his four-year contract More… |
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Dubai Trade holds discussions with UASCAs part of its efforts to maintain ongoing communication with clients and to address feedback on the services it provides, Dubai Trade, a Dubai World company, met senior officials from United Arab Shipping Company (UASC). Mahmood Al Bastak More… |
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UASC gets Hyundai ship deliveryUnited Arab Shipping Company (UASC) formally took delivery of a new ship built by Hyundai Heavy industries for UASC against an order for eight ships. M V Al Manamah, the fifth A7 ship from Hyundai, was handed over at a specially-organised More… |
