United Arabic Shipping Company (UASC) signed a $0.275billion worthy of financial agreement for building 3 huge container vessels with more than one bank. UASC will use this loan to order 3 container vessels loading 13,100 standard containers from Korean Samsung Heavy Industries Company.
UASC had already built 6 container vessels loading 13,100 standard containers. Plus these 3 new ones, there are totally 9 huge container vessels, with the total value $1.5million.This big shipbuilding project will be provided with the newest heat recovery technology. It will be the “Green Vessel” in the market.