UASC exercises options for sixth ultra-large ship

United Arab Shipping Company (UASC) has exercised an option for its sixth 18,000 teu container ship from Hyundai Heavy Industries, where the carrier now has a total of 17 newbuildings in order.

Dubai-based UASC wants even more ultra-large ships in its fleet, and the carrier is now exercising an option for a sixth, and thus last, 18,000 teu container ship from HHI, says UASC in a press release.

This means that the carrier now has 17 newbuilding orders placed with the South Korean shipyard, including six 18,000 teu ships and 11 14,000 teu vessels. Ships for approx. USD two billion in total.

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