ZIM Integrated Shipping Services is dipping into its war chest for the charter of 13 vessels – five second-hand and eight newbuilds – from Navios Maritime Partners in a deal worth approximately $870 million.
The second-hand ships, which range from 3 500-4 360 TEUs, are expected to be delivered in the first and second quarters of 2022 and will be deployed across ZIM's global network.
The eight 5 300-TEU wide-beam newbuilds, scheduled for delivery during the third quarter of 2023 through the fourth quarter of 2024, are expected to be deployed in trades between Asia and Africa. The charter duration of the second-hand vessels is up to 4.5 years, and for the newbuilds up to 5.3 years.
"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.
"Looking ahead, we expect to continue to capitalise on opportunities to further strengthen our commercial prospects and support our operational agility, while maintaining our prudent capital allocation strategy to maximise shareholder value."
