Thursday, December 2, 2021

ZIM Announces a Seven Containership Expansion

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ZIM Expands by an Increased Seven Vessels

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Albeit touting themselves as an asset light company, Israeli-based shipping line ZIM Integrated Shipping Services has announced that for an estimated $320m, they’ve acquired seven secondhand containerships over various individual transactions to expand their fleet throughout the month of October.

ZIM President & CEO stated, “Since going public our focus has been to allocate capital to strengthen our commercial prospects and create long-term shareholder value.”

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