UASC takes delivery of first of eight 6,900-TEU ships from HHI

1/16/2008 10:24:20 AM

United Arab Shipping Co. has received the first of eight 6,900-TEU ships ordered from Hyundai Heavy Industries in March 2005 at a total cost of $850 million.   The Al Safat was delivered to UASC in Ulsan, South Korea. The remaining seven vessels will be delivered throughout the year. Kuwait-based UASC ranks as the 21st-largest container line in the world operating 39 vessels with a combined fleet capacity of 95,000 TEUs and an order book that will nearly double that figure, according to the statistics supplied by AXS-Alphaliner.   American Shipper

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