Independent journal on economy and transport policy
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the UASC exercises the option for a sixth new ship from 18.000 teu
Salt to 17 ships the consistency of the program of constructions of large portacontainer of the company
March 10, 2014
The United Arab Shipping Company (UASC) has announced to have practised the option with the shipbuilding society Hyundai Heavy Industries (HHI) for the acquisition of a sixth new portacontainer from 18.000 teu, store clerk who completes the huge order emitted from the Middle Eastern company shipowning, of the total value of beyond two billions of dollars, that it is constituted by 17 ships, of which eleven portacontainer from 14.000 teu and by six portacontainer from 18.000 teu that they will be taken in delivery respective beginning from the end of this year and from the first half of the 20115 ( on August 30, 2013 and 3 February 2014).
"With the exercise of this last option for a ship from 18.000 teu - it has declared the chairman of the shipowning society, Salem Ali Al Zaabi - UASC its current program of new constructions follows through. Therefore today it marks another important stage in the history of transformation and increase of the UASC. Between the others assets, these ships and the advance agreements of collaboration of the UASC allow with the company to improve own competitiveness in the primary traffics between Asia and Europe where the ships from 18.000 teu will be employed. UASC - it has added Al Zaabi - is engaged to improve own position competitive in all traffics main in which work and, in particular, in other primaries broken where the company will under construction use the ships from 13.500 teu of which already it arranges and that from 14.000. With the delivery of the 17 ships that will have beginning of 2014 at the end, the company is time totally engaged in the realization of own strategy of increase. In a scene in which the continuous fuel to being for the field the element of more important cost, the innovative projects of our ships are developed with the clearly objective one to improve the cost effectiveness and to improve the impact on the atmosphere".
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