GSL, a containership charter owner, has agreed on five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas.
Hapag-Lloyd achieved a significantly higher operating result (EBIT) for the full year 2017.
Hapag-Lloyd boasts one of the youngest fleets in the industry after merger with UASC / Vessels to be dismantled in line with environmental regulations in certified shipyards.
With more than 12,000 employees in five sales regions and 126 countries, as well as a fleet of 215 modern container ships, Hapag-Lloyd is now the fifth-largest liner shipping company.
The “AFIF” was handed over to Hapag-Lloyd’s Ship Management by Hyundai Samho Heavy Industries (HSHI) in South Korea.
Three of UASC’s A4-class units taken from the market / Environmentally friendly dismantling at certified shipyards in Turkey and China / Hapag-Lloyd an industry pioneer as a result
Corporate Credit Rating remains at B+ / Rating agency acknowledges improvement in freight rates and competitive advantages of merger.
Hapag-Lloyd and UASC merged and merger between the two liner shipping companies was completed in Hamburg on 24th May.
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of United Arab Shipping Company (“UASC”) by Hapag-Lloyd of Germany, subject to conditions. Both companies operate in the container liner shipping sector.