United Arab Shipping Company Cap Badge Lapel Pin
Wear this United Arab Pin with pride at any time of the year.
Made with High quality metals and enamels
2 x Rear metal butterfly pin fasteners.
Free UK Postage & Packaging on orders over £6.50
Worldwide postage will be added at checkout for your country destination. Using the current Royal Mail Standard Delivery Tariffs. Tracked & Signed options are available
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In April 2016, Hapag-Lloyd announced it was in merger talks with the United Arab Shipping Company (UASC). The merger was agreed upon later in 2016 and the integration between the two companies was completed in 2017. At the time of the merger, UASC was reported to be the world's 10th largest liner shipping company with a fleet of 56 ships and a market share of 2.7 percent. As a result of the merger, Hapag-Lloyd strengthened its position as the world's fifth largest container transporter in terms of vessel capacity, ahead of Taiwan's Evergreen Line. As a result of the merger, the former shareholders of UASC would become the largest shareholder in the new entity, whilst Hapag-Lloyd would absorb all operations and assets of UASC.
Historically United Arab Shipping Company was jointly established in July 1976 by the six shareholding governments of the Arab states of the Gulf (Bahrain, Iraq, Kuwait, Qatar, Saudi Arabia and UAE). Originally based in Kuwait, its corporate headquarters then moved to Dubai during the Iraqi conflict, and only some departments were moved back after the war.