Monday 26, May 2014 by Isla MacFarlane

UASC and Burgan Bank sign a $190 million facility

United Arab Shipping Company (UASC) has announced concluding a bilateral facility worth $190 million with Burgan Bank's Corporate Banking Group to finance the acquisition of two 14,000 TEU vessels from among UASC's new building order of seventeen vessels comprised of eleven 14,000 TEU vessels and six 18,000 TEU vessels.

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