VOL. XXXIX

No. 18

29-January-1996

GENERAL

UASC Orders Ten Container Ships From Japanese Yards At Cost Of $650Mn

The United Arab Shipping Company (UASC) - owned by the governments of Bahrain, Kuwait, Qatar, Saudi Arabia, Iraq and the UAE - has placed an order with three Japanese yards, namely Kawasaki Heavy Industries, Mitsui Engineering and Shipbuilding Company and Mitsubishi Heavy Industries, for the building of 10 new container vessels. The vessels will each have a capacity of...