Independent journal on economy and transport policy
23:57 GMT+2
This page has been automatically translated by Original news
UASC obtains a credit line of the value of 140 million dollars
It is granted by the kuwaiti Gulf Bank
May 2, 2011
In recent days United Arab Shipping Company (UASC) has obtained from the kuwaiti Gulf Bank a credit line of the value of 140 million dollars. The shipowning society has explained that the loan will be used for the increase of the UASC and the widening of own Network is relative to the Asia traffics - Middle East - Europe, that they constitute Core business of the company, than in other relative markets to the traffics North-South. Moreover the deep ones will be employed for operating other asset and in order to equip with systems of Waste Heat Recovery the new portacontainer of ordered class "A13" from the company ( on 30 June 2008).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher