UASC takes delivery of first of eight 6,900-TEU ships from HHI
United Arab Shipping Co. today 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.
Al Safat the first of eight ships UASC has on order.
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.