United Arab Shipping Company launches new Asia-Europe service

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Apr 2008

United Arab Shipping Company (UASC) is expanding presence in China with a new Asia-Europe service launched and the removal of the Shanghai representative office. The new weekly AEC3 service, jointly operated by UASC and Hanjin Shipping, calls ports of Qingdao, Shanghai, Yantian, Hong Kong, Singapore, Jeddah, Hamburg, Antwerp and Le Havre and is said to have offered one of the fastest transit time (25 days) from Shanghai to Hamburg.
Currently AEC3 is operated by eight vessels, with three 6,921 TEU A7 vessels from UASC and five others offered by Hanjin. UASC's A7 vessels will gradually replace the Hanjin vessels until the fourth quarter of this year when eight A7 vessels wholly operate AEC3, an official of UASC said.
UASC Shanghai representative office has moved into a new premise to prepare for its growth in the next six years. The Kuwait-based carrier is expected to have eight direct calls from Shanghai by the end of 2008, doubling its container handling volume in the east China shipping hub, the official said.
UASC, jointly established in 1976 by six shareholders from the Arabian Gulf states including Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and UAE, is one of the largest ocean carriers for dry cargo to the Middle East, the UASC official added.

Source: Schednet