United Arab Shipping Company Joins INTTRA

Tuesday, November 27, 2001
INTTRA, the leading provider of B2B ocean freight services, announced that United Arab Shipping Company (UASC) has selected INTTRA as its portal for the management of ocean-going container shipping. The national line of the Arabian Gulf states, UASC is the twelfth carrier to join INTTRA's non-exclusive network, extending INTTRA's reach beyond 40 percent of world container capacity. UASC provides direct liner services between the Arabian Gulf and main ports in Europe, U.S. East Coast, Indian sub-continent, and a full range of ports in Asia. The addition of UASC to INTTRA connects two of the portal's traditionally strongest areas - Asia and Europe - and provides customers with the capability to view both regional and global shipments from one portal.

Abdulla Mady Al-Mady, President and Chief Executive Officer of UASC said, "By joining INTTRA, we will offer greater service to our customers by facilitating the management of their entire container-based supply chain. By selecting INTTRA, we have voted for one open and neutral industry-backed portal. We believe that INTTRA is, and will continue to be, the premier portal and that no other portal can enable equaled efficiencies while maintaining an open and neutral position within the industry."

Established in 1976 and headquartered in Kuwait, UASC is the largest ocean carrier for dry cargo to the Middle East, offering more services to the Arabian Gulf / Red Sea regions from the world-wide trading areas than any other single shipping line. INTTRA plans to integrate with QIVA, UASC's internal systems provider. Presently, QIVA is widely used by many ocean container carriers around the world.

Ken Bloom, Chief Executive of INTTRA commented, "UASC has earned its reputation and marketleadership by providing first class service to its customers throughout the past two and a half decades. The addition of UASC to INTTRA's global logistics network benefits existing carriers and customers by enlarging the customer base and further expanding the global reach of the INTTRA network. We are extremely pleased to have been selected by UASC."

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