Qatar takes control of rapidly growing container carrier

According to a petition submitted to the US Federal Maritime Commission, Qatar has amassed a controlling stake in United Arab Shipping Company (UASC), which is one of the fastest growing container carriers, according to Alphaliner.

Oil state Qatar has become a controlling stakeholder in the rapidly growing Arabian container carrier United Arab Shipping Company (UASC). This is evident from documents submitted to the US Federal Maritime Commission (FMC) in June, where the carrier requests to be exempted from the special, increased requirements that apply to state-controlled carriers in the US.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs