Independent journal on economy and transport policy
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Qatar Navigation and UACC in negotiations for the fusion of the fleets of product tanker and chimichiere
Between the objectives, the strengthening of the market share
April 13, 2015
Middle Eastern the Milaha (Qatar Navigation) and United Arab Chemical Carriers (UACC) have announced of being in negotiations for the fusion of the respective activities realized with the fleets of product tanker and ships to chimichiere. Milaha stops 10.5% of the capital of the UACC, whose greater shareholder is the shipowning society United Arab Shipping Company (UASC).
With the fusion - they have explained the companies - the activity would be strengthened and widened, they would obtain more turned out economic consisting and the market share would increase.
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