Deutsche Bank has been mandated by the United Arab Shipping Company to provide advanced cash management solutions in 18 countries across Europe. UASC is the largest shipping line in the Middle East, and one of the leading global lines with 185 offices. The carrier currently operates more than 60 container vessels, including the world’s greenest ultra-large container vessel. The bank said UASC will implement the new solution in Europe first, with plans to roll-out globally.
