Zim splashing $2.3bn to charter in 10 giant newbuildings from Idan Ofer and George Economou

The shipping company ZIM announced new agreements for the long-term chartering of 10 dual-fuel liquefied natural gas (LNG) container ships of 11 thousand 500 TEU (20-foot containers), with a total rental value of approximately two thousand 300 million dollars to serve the various global routes of ZIM. Seven of the ships will be chartered to ZIM by Containers Ventures Holdings Inc., a subsidiary of the TMS Group, and three will be chartered to ZI…

ZIM splashes $2.3bn on 10 LNG boxship charters

Dual-fuel vessels slated for delivery in 2027 and 2028 from Ofer- and Economou-linked companies.

Zim signs long-term charter deals for ten new 11,500 teu ships - The Loadstar

Israeli container shipping line Zim has announced long-term charters for a series of ten new 11,500 teu dual-fuel LNG box ships. The carrier added that the deal would entail a “total charter hire consideration of approximately $2.3bn” over the course of the charter lengths – typically, in Zim’s case, 10 years – of the vessels, which would “serve across Zim’s various global trades”. However, it also revealed that the ships – seven ... The post Zi…

ZIM (NYSE: ZIM) Stock Rises on News of $2.3 Billion LNG Vessel Charter Agreements

ZIM Integrated Shipping Services (NYSE: ZIM) stock rose more than 1% in pre-market trading Tuesday following the announcement of new long-term charter

ZIM Orders Ten LNG-Powered Containerships in $2.3 Billion Charter Deal

Israeli container shipping company ZIM has signed agreements for ten 11,500 TEU LNG dual-fuel containerships in a deal worth approximately $2.3 billion. The vessels will be constructed at China’s Zhoushan...

ZIM: New Long-Term Chartering Agreements for Ten 11,500 TEU LNG Dual-Fueled Vessels

ZIM Integrated Shipping Services Ltd. announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with total charter hire consideration of approximately $2.3 billion to serve…