ZIM Integrated Shipping Services has advanced its decarbonisation objectives with the signing of new agreements for the long-term charter of ten 11 500-TEU liquefied natural gas (LNG) dual-fuel vessels at a cost of approximately $2.3 billion.
They will be deployed across ZIM's global trades.
Seven will be chartered from Containers Ventures Holdings, an affiliate of the TMS Group, and three from a shipping company that is affiliated with Kenon Holdings, which was ZIM's largest shareholder until the end of 2024.
"Having received all 46 newbuilds we contracted in 2021 and 2022, which significantly improved the efficiency of our operated capacity, the addition of these 11 500-TEU newbuilds will ensure access to an important vessel segment,” said ZIM president and CEO Eli Glickman.
"Expanding our LNG fleet solidifies our position in carbon intensity reduction. Operating LNG capacity has proved commercially advantageous for ZIM, and we anticipate increased demand for environmentally friendly shipping options, making access to LNG capacity even more beneficial in the future."
