Hapag-Lloyd reports better operating results
NewsThe German carrier has reported EBIT of almost €181M and net profit of €54M in Q3 2017 and says that integration with UASC is almost com...
Hapag-Lloyd and UASC complete merger
NewsHapag-Lloyd and United Arab Shipping Company completed their merger on Wedensday, 24th May. Annual synergies of US$435M are planned...
More liner consolidation on the cards
NewsHapag-Lloyd's CEO Rolf Habben Jansen says that perhaps only five to seven global liner companies will survive and Hapag-Lloyd itself is work...
Hapag-Lloyd and UASC "postpone" merger
NewsHapag-Lloyd AG and UASC have shifted the "long-stop date" under their "business combination agreement" to the end of May...
Hapag-Lloyd AGM paves way for UASC merger
NewsThe merger of Hamburg-based Hapag-Lloyd and Dubai-domiciled UASC moved a stage closer following Friday’s AGM meeting of the German shippin...
Hapag-Lloyd in fifth position
NewsGerman shipping line Hapag-Lloyd is looking to its merger with UASC and niche markets to return to profitability....
Six container lines form “THE Alliance”
NewsHanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming to create a new alliance, bringing together 18% of ...
UASC's AL MURAYYKH calls London Gateway
NewsThe 18,800 TEU vessel called London Gateway on 2nd January 2016, as the first port of call in Europe after leaving Port Klang on 17th Decemb...
Reefer box building on the up again
NewsGlobal reefer production experienced some recovery during 2014 and is expected to make further gains this year, when up to 260,000 TEU may b...
O3 to become O4?
NewsWhile there is every chance that the O3 alliance of CMA CGM, China Shipping Container Lines (CSCL) and UASC could become the O4 and include ...
New reefer service for Tilbury and Antwerp
NewsJSV Logistic is starting up a new reefer service for Spanish exports from the Port of Pasajes...
UASC expands Asia/Europe network
NewsDubai-based United Arab Shipping Company (UASC) is strengthening its operating presence in the Asia/Europe/Asia trade and at the same time f...
UASC closes US$1,251M syndicated loan facility
NewsUnited Arab Shipping Company (UASC) has closed a US$1,251M multi-tranche, syndicated loan facility for the partial financing of 7 x 14,000 T...
UASC places US$1.4B boxship contract
NewsDubai-based United Arab Shipping Company (UASC) is to invest US$1.4B in new ships, a move that will see it forge an even closer relationship...
First of Maersk Line’s Triple-E class ships named
NewsThe first of Maersk Line’s 18,000 TEU capacity Triple-E class vessels has been named MAERSK Mc-KINNEY MOLLER at a ceremony held at the Okp...