ZIM Integrated Shipping Services Ltd. has signed a ten-year liquefied natural gas (LNG) sales and purchase agreement, valued at more than one billion US Dollars, with Shell NA LNG, LLC (Shell) to supply ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the Asia to USEC trade. These ten 15,000 TEU vessels are expected to enter into service during 2023-2024 and will be transporting goods from China and South Korea to US East Coast and the Caribbean. LNG is the lowest carbon fuel available at scale today and it provides ~20% less GHG emissions when compared to conventional marine fuels
