On February 18th, 2008, at HHI Ulsan, South Korea, and in the presence of distinguished guests and HHI senior officials, UASC B.O.D. Member-UAE Mr. Salem Ali Al-Zaabi did the honors of naming the second vessel MV Hatta bearing the UAE National Flag. UASC B.O.D. Member-UAE Mr. Jasem Rashed Al-Shamsi and other key officials also attended the occasion.

MV Hatta delivered to UASC on February 19th, 2008 is a high-speed vessel with fuel- efficient engine and capacity up to 6,919 teus, will definitely benefit UASC customers through an optimization of services.

UASC had contracted to build eight new generation containerships with a South Korean company specializing in shipbuilding ’ Hyundai Heavy Industries Company Limited, Ulsan in March 2005 at a total cost of US $850 million. MV Hatta will join MV Al Safat the first of the eight vessels delivered to UASC, and deployed in the Asia-Europe Container service.

Mr. Al-Zaabi, speaking on the occasion, thanked HHI, Schiffko and the UASC team for their hard work and timely delivery of MV Hatta. He also appreciated HHI Management’s warm hospitality and thanked the guests for attending the celebrations. Finally, he wished the very best for UASC and HHI.