United Arab Shipping

Company History: United Arab Shipping Company (UASC) is a global shipping company based in the Middle East. Founded in 1976, UASC is present in more than 75 countries around the world, covering over 200 ports and destinations worldwide. UASC offers containerized and conventional cargo transportation, temperature-controlled cargo and value-added services to a diversified global client base, covering the Middle East, Europe, Mediterranean, Indian Sub-continent, Far East, Australia, West Africa and The Americas.

UASC was acquired by Hapag-Lloyd in 2016.

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Successor/Parent History: 219 modern ships, 7.6 million TEU (Twenty-foot Equivalent Unit) transported per year, around 13,000 motivated employees in 126 countries. Hapag-Lloyd is a leading global liner shipping company and a powerful partner for you.

Hapag-Lloyd offers a fleet with a total capacity of 1.6 Million TEU, as well as a container stock of more than 2.3 million TEU including one of the world’s largest and most modern reefer container fleets. A total of 129 liner services worldwide ensure fast and reliable connections between more than 600 ports on all the continents.

The owners of Hapag-Lloyd are CSAV (25.0%), Kühne Maritime (19.0%) HGV Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH (13.9%), Qatar Investment Authority (14.5%), the Public Investment Fund on behalf of the Kingdom of Saudi Arabia (10.2%), plus a free float of 17.4% (percentages have been rounded and the free float includes institutional shareholders with a shareholding of less than 5%).