27 February 2021

Agreement with ShinaSb

We are pleased to announce that subsidiaries of UACC have reached an agreement with ShinaSb of South Korea to purchase the S544 (M/T “UACC MASAFI”) and S545 (M/T “UACC MESSILA”), which was previously cancelled by UACC.

UACC MASAFI is scheduled to deliver inĀ August 2012 and UACC MESSILA inĀ September 2012.

ShinaSb will still deliver four additional ships to UACC in the second half of 2012 and in 2013.

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