15 November 2019
About UACC
 
UACC was established in Dubai International Financial Centre (“DIFC”) in 2007, and is a private company owned by both strong industrial companies and key individuals in the region. UACC is strategically well located in a region which is witnessing strong economic growth and is fast emerging as the largest exporting hub for petrochemicals and petroleum products. This provides unique opportunities to UACC in terms of employment of its vessels. The company’s strategy envisages leveraging its regional base and shareholders’ long-standing relationships with the regional governments and petrochemical manufacturers/exporters to grab a significant share of this trade for gainful employment of its fleet. The largest individual shareholder of UACC is Gulf Chemical Carriers Holdings Limited (GCCH) which is a special purpose vehicle jointly owned by the Qatar Investment Authority (QIA) and the Public Investment Fund of Saudi Arabia (PIF).

 

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