“MAG Container Lines (L.L.C)” is a member of ”MAG Group” which is a leading business group established 36 years ago in UAE. MCL has established in 2005 with a clear target to be recognized in the market and to cope with customers’ needs.
 
We say what we do, we do what we say, and we're looking forward to prove it to you.
  • Dubai – Business Bay – Al Manara Tower - Office No.3205

    Sharjah – Cornech – Al Bathaa Tower – Office No.1907

  • (+971) 43219050 /(+971) 65744964
  • (+971) 43219040 / (+971) 6 5744934
Language:
  • English
  • العربية

Dubai: Dubai World, the state-owned conglomerate which controls shipyards and terminals around the world, has come to an agreement with its creditor banks on its proposal to amend and extend the terms of its outstanding debt totalling $14.6bn.

“For Dubai World, we now have more time to dispose of non-core assets to achieve optimum value to the benefit of the company and its lenders and we are in a good position to continue to de-lever and obtain favourable credit terms sooner than expected,” a spokesperson for the company said.  [16/02/15]

 

Source: http://www.gulfshipnews.com/


UASC bolsters position in South America UASC enters transatlantic trades