NewsZim goes for growth with bigger newbuilds, but will need to fill them

November 16, 2023by 0

Israeli carrier Zim says it needs to “capture volume” as it takes delivery of 46 long-term chartered vessels and continues to pay high daily hire rates for tonnage it already has on hire.
The carrier said it would be in a “transition period” until 2025, during which it will redeliver 34 “expensive Covid-era chartered”vessels next year and 40 the year after.
In the interim, Zim has been active in the charter market, …

The post Zim goes for growth with bigger newbuilds, but will need to fill them appeared first on The Loadstar.

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