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ZIM Inks New Chartering Agreement For Thirteen Vessels

marinesalvage by marinesalvage
September 19, 2022
in News
0
ZIM

ZIM Integrated Shipping Services a brand-new charter contract with Navios Maritime Partners L.P., according to which ZIM will certainly charter a total amount of thirteen container vessels consisting of 5 previously owned vessels as well as 8 newbuild vessels for a complete charter hire factor to consider of about $870 million.

The 5 previously owned vessels which vary from 3,500-4,360 TEUs as well as are anticipated to be provided in the initial as well as 2nd quarters of 2022, will certainly be released throughout ZIM’s international network.

The 8 5,300 TEU large beam of light newbuilds arranged to be provided throughout the 3rd quarter of 2023 via the 4th quarter of 2024, are anticipated to be released in professions in between Asia as well asAfrica The charter period of the previously owned vessels depends on 4.5 years, while the charter period of the newbuild vessels depends on 5.3 years.

ZIM
                                        Image Credits: zim.com

Eli Glickman, ZIM President & & CHIEF EXECUTIVE OFFICER, mentioned: “With this latest chartering transaction, we continue to execute on our strategy of chartering-in highly versatile vessels to best serve our customers and meet significant and sustained demand across our global network. 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. Looking ahead, we expect to continue to capitalize on opportunities to further strengthen our commercial prospects and support our operational agility, while maintaining our prudent capital allocation strategy to maximize shareholder value.”

Reference: zim.com

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