Boardroom shuffle at UASC
Dubai: Fast expanding containerline United Arab Shipping Company (UASC) has announced the appointment of Dr Nabeel Al-Amudi as the new chairman of the company’s board of directors, and Sheikh Ali bin Jassim bin Mohammad Al-Thani, as vice-chairman.
“Dr. Al Amudi, HE Al-Thani and the rest of the Board will be responsible for driving the company’s ambitious global expansion plans and spearheading the company’s strategic efforts to cement UASC’s positions as the market leader in the Middle East and as an emerging global carrier,” the company said in a release.
Al-Amudi is currently the president of the Saudi Ports Authority while Al-Thani is chairman of Qatari line, Milaha.
“Al-Amudi’s and Sheikh Al-Thani’s strong leadership experience and solid track record in spearheading complex and large organizations will be crucial as UASC moves forward with its global expansion plans,” UASC said.
UASC is currently undergoing one of the industry’s largest newbuilding programs,
Over the past year, UASC has announced the signing of two key cooperation agreements. Building on the already existing cooperation agreements with China Shipping Container Lines (CSCL), UASC signed a tri-partite cooperation agreement with CMA CGM and with CSCL to create the Ocean 3 alliance. In addition, a long-term general cooperation agreement was entered into with Hamburg Süd, initially providing UASC’s customers with broad access to the east coast of South America.