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UASC teams up with Hamburg Süd

Container lines United Arab Shipping Company (UASC) and Hamburg Süd have signed a global cooperation agreement spanning the EU, Asia and the Americas.

The agreement will see Hamburg Süd entering trades on UASC routes between Asia and northern Europe, as well as Asia and the US, from end 2014, while UASC will partake in Hamburg Süd trades between Europe and South America East Coast, and between Asia and South America East Coast.

“This cooperation will enable Hamburg Süd and UASC to complement each other’s core services and networks, offering both lines’ customers a more comprehensive global reach and reliable services without incremental investment in new tonnage,” said Ottmar Gast chairman of Hamburg Süd. “Hamburg Süd and UASC customers will benefit from the companies’ deployments featuring highly efficient and environmentally friendly vessels.”

UASC president and ceo Jørn Hinge said: “This cooperation with Hamburg Süd enables access to the South America trades and illustrates our ambitious approach to enhance geographic coverage. In today’s challenging marketplace our customers deserve more opportunities, better services and improved efficiencies.”

Citing the company’s recent orders and exercised options for 11 18,000 teu and six 14,000 teu “LNG ready” boxships, Hinge added: “Through partnerships with leading operators such as Hamburg Süd, and investment in some of the largest and most eco-efficient container vessels ever built, UASC ensures that customer service remains at the very heart of our operations.”

The new agreement comes weeks after UASC announced its intention to team up with CMA CGM and China Shipping Container Line (CSCL) to form the Ocean Three alliance.

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