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October 07, 2015 6:51 AM ET


Company Overview of United Arab Shipping Company (S.A.G.)

Company Overview

United Arab Shipping Company (S.A.G.) provides maritime freight transportation and container shipping services. It offers dry cargo and refrigerated cargo services. The company was founded in 1976 and is based in Safat, Kuwait.

UASC Building

Old Airport Road

Beside Zain Building

P.O.Box 20722

Safat,  13068


Founded in 1976


965 2494 3300


965 2494 3088

Key Executives for United Arab Shipping Company (S.A.G.)

Chief Executive Officer and President
Age: 66
Chief Financial Officer
Age: 56
Chief Operating Officer
Age: 57
Chief Trade Officer
Chief Commercial Officer
Compensation as of Fiscal Year 2015.

United Arab Shipping Company (S.A.G.) Key Developments

United Arab Shipping Company (S.A.G.) Presents at 14th Annual Marine Money Singapore Ship Finance Forum, Sep-23-2015 09:20 AM

United Arab Shipping Company (S.A.G.) Presents at 14th Annual Marine Money Singapore Ship Finance Forum, Sep-23-2015 09:20 AM. Venue: St. Regis Hotel, Singapore. Speakers: Samir Sharma, Vice President Finance.

United Arab Shipping Company Appoints Nabeel Al-Amudi as Chairman of Board of Directors and HE Sheikh Ali bin Jassim bin Mohammad Al-Thani as Vice-Chairman

United Arab Shipping Company announced that the appointment of Dr. Nabeel Al-Amudi as the new Chairman of the company's Board of Directors, and HE Sheikh Ali bin Jassim bin Mohammad Al-Thani, as Vice-Chairman. Dr. Al Amudi, HE Al-Thani and the rest of the Board will be responsible for driving the company s ambitious global expansion plans and spearheading the company's strategic efforts to cement UASC's positions as the market leader in the Middle East and as an emerging global carrier. Dr. Al-Amudi is currently the President of the Saudi Ports Authority. Prior to joining the Saudi Ports Authority, Dr. Al-Amudi held several managerial and leadership positions in Saudi Aramco and its various subsidiaries, including presidency of Aramco Services company. HE Sheikh Ali Al-Thani is currently the Chairman of Qatar s prominent shipping company, Milaha, and is appointed to the Board of Directors of Qatar Holding. He started his career at the Ministry of Finance in Qatar as a financial analyst in the Investment Bureau. Al-Amudi s and Sheikh Al-Thani s strong leadership experience and solid track record in spearheading complex and large organizations will be crucial as UASC moves forward with its global expansion plans.

Neptune Orient May Lure Buyers

Temasek Holdings (Private) Limited's planned sale of Neptune Orient Lines Limited (SGX:N03) (NOL) offers potential buyers a modern fleet at a comparative bargain price expected to be around $2 billion, industry and banking sources said. United Arab Shipping Company (S.A.G.) can be expected to join the likes of Hapag-Lloyd AG and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (Hamburg Sud) in running the rule over NOL, these people said. Temasek recently hired Citigroup to seek buyers for the majority stake in NOL for $2 billion, the people added, triggering the sale of the whole firm under Singapore rules. Citi, Temasek, UASC, Hapag-Lloyd and Hamburg Sud all declined to comment, reported Reuters.

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