Vol. XL

No. 1



UASC Forms Operating Consortium With Tricon Group

The Kuwait-based United Arab Shipping Company (UASC) -owned by the governments of Kuwait, Saudi Arabia, Bahrain, the UAE, Qatar and Iraq - hasentered into an operating consortium, beginning this month, with the Tricon Group. Triconcomprises two international shipping lines - Germany's DSR-Senator Lines and South Korea'sCho Yang. According to a statement by UASC the new agreement will allow the company toprovide...