ZIM signs 12-year agreement with Seaspan

Chamber of Shipping > Blog > News > International > ZIM signs 12-year agreement with Seaspan

Haifa, Israel, headquartered ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has entered a 12-year agreement with Seaspan Corporation to charter in ten 15,000 TEU LNG dual-fuel newbuilds from Seaspan Corporation. Seaspan has ordered the vessels at South Korea’s Samsung Heavy Industries. They are anticipated to begin deliveries in the first half of 2023 and the ships will deploy on its Asia – US East Coast trade where it has an estimated market share of 9%.  The value of the agreement is in excess of one billion dollars.

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