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Shipping rates continue to increase out of China, up 1.7% week to week as of the 14th. This was driven by increases in China to Europe rates, up 4.1% week to week and up 126.0% since the end of 2020. Carriers are likely enjoying these increased rates, posting increased profitability at the ... Read more →
United Arab Shipping Co Sag
Shipping Company Profile
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SCAC: UASU
Shipments Processed
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2,099,088Shipments Processed (U.S. Imports)
Shipments by Month
TEUs by Month
Research
Suppliers
153,503
Suppliers shipping with UASU
Top UASU Suppliers
Buyers
122,010
Buyers shipping with UASU
Foreign Ports
208
Foreign Ports used by UASU
Top UASU Foreign Ports
- La Spezia
- Shanghai
- Yantian
U.S. Ports
66
U.S. Ports used by UASU
Top UASU U.S. Ports
- New York Newark Area
- The Port of Los Angeles
- Port of Virginia
Top Supplier Locations
loading map...Shipment Statistics for United Arab Shipping Co Sag
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2,099,088Total shipments
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4,339,254 TEUsTotal volume
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2.07 TEUsAverage shipment size
Shipments by month
Shipment Market Share (%)
TEUs by month
TEU Market Share (%)
Recent Panjiva Research about United Arab Shipping Co Sag
ZIM, MSC lead 2M import growth in October
Carriers have continued to benefit from the surge in imports, increasing profits over previous years due to a positive volume and rate environment. This totaled 48.1 billion in Q3 and will likely impact the strategy and plans of carriers into the new year. Carriers are likely warry of allow... Read more →
ZIM, Matson lead carriers, DP-DHL and K+N lead forwarders in slowing September
Carriers and forwarders showed reduced import momentum when comparing September to the prior three months ending in Aug 31. Slowdowns were driven by a continued decrease in import growth from Asia excluding China and Europe, slowing to 9.8% and 3.6% year over year respectively. Imports load... Read more →
Hapag-Lloyd, Maersk flag strained system, new services as growth slows
The container shipping lines had a bumper Q2’21 and remain confident for the rest of 2021 and into early 2022. The EBITDA reported by Maersk and Hapag-Lloyd rose by 198% and 177% year over year in Q2’21. While largely down to higher rates there’s a continued contribution f... Read more →
ZIM Shipping, MSC face attention in FMC’s surcharge inquiry
The U.S. Federal Maritime Commission has launched an “expedited inquiry” into port congestion charges, targeting eight container shipping which represented 50.2% of U.S. seaborne imports of containerized freight in Q2’21. That follows: a surge in “freight all kinds&#... Read more →
Shipping alliances face risk of regulatory wave from Biden’s competition order
President Biden’s “Promoting Competition in the American Economy” Executive Order includes measures relating to the shipping and rail segments of the logistics industry. The provision for shipping appears modest and calls on the Federal Maritime Commission to “ensure... Read more →
Congestion, carbon costs overshadow continued container shipping boom
Container lines operating U.S.-inbound routes had another bumper month in May with total imports that rose by 47.1% year over year and by 25.0% compared to the same period of 2019. There are significant challenges ahead, however. In the short term, shipments from ports in southern China hav... Read more →
Hapag-Lloyd adds India-U.S. service after unsatisfactory Q1
Hapag-Lloyd may have failed to capitalize on the recent shipping volume boom, with CEO Rolf Habben Jansen stating “the development of the transportation volume was somewhat unsatisfactory” in Q1’21. U.S. seaborne imports linked to the firm rose by just 3.5% year over year ... Read more →
Maersk goes long as short-term shipping volumes, rates remain elevated
Container lines running U.S.-inbound services continue to face elevated demand with total shipments up by 26.9% year over year and by 21.7% versus 2019 in the month of April. Strong demand in a fixed capacity (on a two to three year basis) industry has inevitably led to higher shipping rate... Read more →
Container congestion not going away as supply chains stressed beyond the max
The container shipping industry’s congestion challenge “is not going to go away” according to FMC Chairman Daniel Maffei and an “import boom” has “stressed our supply chain to the max and beyond”. The import boom can be seen in a 50.6% year over yea... Read more →
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