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19 December 2025

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UASC among top 20 container shipping firms in the world

United Arab Shipping Company (UASC), the region's largest container shipping company, has increased its global market

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Bright future forecast for shipping

(DENNIS B MALLARI)   Strong market returns experienced by the shipping industry in the Middle East in 2007 are expected

Freight carriers increase tariffs

Freight carriers are raising their tariffs as the industry is experiencing better performance with more consumer

United Arab Shipping, Germany’s Hapag-Lloyd to merge

German container shipping giant Hapag-Lloyd announced Monday it is teaming up with United Arab Shipping Company to

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Foreign banks leading ship finance

Foreign banks are increasingly moving in to fill the vacuum left by local banks that have been reluctant to enter the

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Authorities look for breaches of Australian law over UAE Nth Korean weapons shipment

The Australian government is investigating whether national law has been broken after an Australian-owned ship was

Gulf shipping sector to pick up speed

Having weathered the perfect storm that ensued the global economic meltdown, the shipping industry in the Gulf is more

New vessels to boost UASC growth by 300%

A Dh5.5 billion order for nine new container vessels has been placed by the United Arab Shipping Company (UASC), which

Shipping industry to grow 5% this year

The Middle East shipping industry would grow by five per cent this year, a drastic drop from last year's double-digit

Shipping firms may consider private equity

Shipping companies in the UAE and the Middle East may look for alternative financing like private equity as obtaining

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UASC eyes 300% profit growth by 2012

(AFP)        United Arab Shipping Company (UASC), the largest locally owned carrier of container cargo in the Middle

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Tanker industry enjoys huge profits

With the escalating prices of oil and a persistent shortage of tankers that have pushed up freight rates, the tanker