ZIM confirms US$870 million charter deal for 13 boxships

ZIM will charter 13 container ships from Navios Maritime Partners L.P. for a total of approximately US$870 million, according to a new agreement.

The charter deal includes five secondhand vessels, ranging from 3,500 to 4,360 TEU, which are expected to be delivered to the Israeli shipping line in the first and second quarters of the year, and eight 5,300 TEU newbuildings scheduled to be delivered during the third quarter of 2023 through the fourth quarter of 2024.

ZIM said it will deploy the newbuild ships in trades between Asia and Africa.

The charter duration of the secondhand vessels is up to 4.5 years, while the charter duration of the newbuild vessels is up to 5.3 years.

"This transaction enhances our position as a global-niche operator, contributing immediate much-needed tonnage in required sizes, as well as securing additional high-quality and cost-effective capacity to meet growing demand in the future," commented Eli Glickman, ZIM president and CEO.

"Looking ahead, we expect to continue to capitalise on opportunities to further strengthen our commercial prospects and support our operational agility, while maintaining our prudent capital allocation strategy to maximize shareholder value," he added.

Source: container-news.com by Antonis Karamalegkos


Related News

Ocean carriers plan to blank half their sailings from Asia, post-CNY
Ocean carriers plan to blank half their sailings from Asia, post-CNY

1548 Views

Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January.

China ports handle 245 million TEUs so far with Shanghai, Ningbo and Shenzhen taking lion's share
China ports handle 245 million TEUs so far with Shanghai, Ningbo and Shenzhen taking lion's share

1206 Views

The container throughput of Chinese ports reached 244.9 million TEUs from January to October 2022, which represents a year-on-year increase of 4%.

WITH 122 NEW SHIPS ON THE WAY, CMA CGM HAS MAERSK IN ITS SIGHTS
WITH 122 NEW SHIPS ON THE WAY, CMA CGM HAS MAERSK IN ITS SIGHTS

1448 Views

With its huge orderbook of 122 ships, for a capacity of 1.24m teu, CMA CGM is on course to overtake Maersk as the second-biggest container line in the world.

 


Comment
  • Your review
main.add_cart_success