Independent journal on economy and transport policy
04:39 GMT+1
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UASC has instituted own marine agency for central Europe and oriental
the company has obtained a credit line of the value of 150 million dollars
April 16, 2012
The shipowning society United Arab Shipping Company (UASC) has instituted new marine agency United Arab Shipping Agency Company Central Eastern Europe (UASAC the EEC) in which the carried out activities of the group in Austria, Czech Republic, Slovakia and Hungary are met all.
UASAC the EEC has found such activities previously carried out from agencies Dolphin Shipping, that it has center to Vienna in Austria, and Interliner Agencies Group, that it has center to Koper in Slovenia. Initially the new marine agency of the UASC will operate with offices to Vienna and Praga, in order then to widen own beam of activity to the markets Slovenian and Hungarian.
While UASC has announced to have obtained a credit line of the value of 150 million dollars from the Corporate Group Banking of the kuwaiti Burgan Bank. The new resources will be employed in order to finance the widening of the fleet of group UASC, in particular the nine portacontainer
of A13 class, of the ability to 13.500 teu, of which seven already they are placed in service.
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