Management reshuffle at UASC amid ambitious growth plan
Nabeel Al-Amudi has been appointed chairman of United Arab Shipping Company (UASC), while Sheikh Ali bin Jassim bin Mohammad Al-Thani has been made vice-chairman, amid ambitious global expansion plans for the leading Middle East container carrier.
Al Amudi and Al-Thani and the rest of the board of directors will be responsible for cementing UASC's positions as the market leader in the Middle East and as an emerging global carrier, according to a release.
Al-Amudi is currently the president of the Saudi Ports Authority and previously held several managerial and leadership positions in Saudi Aramco and its various subsidiaries, including presidency of Aramco Services Company based in Houston, Texas.
Al-Thani is currently the chairman of Qatar's prominent shipping company, Milaha, and is appointed to the Board of Directors of Qatar Holding, the majority shareholder in UASC. He started his career at the Ministry of Finance in Qatar as a financial analyst in the Investment Bureau.
Since his appointment to Milaha in 2009, Al-Thani has overseen the development of the organisation to form a multi-faceted shipping, maritime services and logistics company.
UASC is currently undergoing one of the industry's largest and most technologically advanced newbuilding programs and recently launched Barzan, the world's most eco-efficient ultra-large container vessel.
With a container capacity of 18,000-tue, she is also the largest container ship ever operated by UASC.
Over the past year, UASC has also announced the signing of two key cooperation agreements, joining CMA CGM and CSCL to create the Ocean 3 alliance, while also forming a long-term general cooperation agreement with The Hamburg Süd Group, initially providing UASC's customers with broad access to the East Coast of South America.