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Salem Ali Al Zaabi News

27 Nov 2014

World’s First LNG-Ready Ultra Large Container Ship Named

The race is on in global maritime circles to be the “world’s first” in every aspect of environmental friendliness, particularly in regards to the incorporation of LNG as fuel onboard commercial ships. There was yet another “world first” today in South Korea at the Hyundai Heavy Industries shipyard in Ulsan when United Arab Shipping Company (UASC) named the first ever LNG-ready ultra large container vessel  MV Sajir, the first vessel in UASC’s current 17-ship “eco-efficient” newbuilding program, comprising 17 of the world’s most eco-efficient vessels.

10 Mar 2014

UASC Ups Mega-Container Ship Order to 17

Mega-containership sign-up: Image courtesy of UASC

United Arab Shipping Company (UASC) says it has taken up the option with Korea's Hyundai Heavy Industries (HHI) for one additional 18,000 TEU vessels, bringing the total order to 17 ships including eleven 14,000 TEU vessels and six 18,000 TEU vessels. The 14,000 TEU and 18,000 TEU newbuildings are scheduled for delivery from late 2014 and from the first half of 2015, respectively. UASC hosted a signing ceremony in Dubai where the newbuilding contract was signed by His Excellency Salem Ali Al Zaabi, Chairman of the UASC Board of Directors, and by Mr. Y. J. Ji of HHI.

03 Feb 2014

USAC, HHI Ink $2 Billion in Newbuildings

UASC Cements its largest ever newbuilding order by exercising options for six 14,000 TEU boxships. United Arab Shipping Company (UASC) announced Sunday that options for six additional 14,000 TEU vessels have been exercised bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC’s history, worth over US$ 2 billion including all options. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built.