Total 47 Posts
ZIM has launched a new ZIM Med-ISC (ZMI) service connecting Israel and Turkey to the Indian subcontinent. 4 panamax ships of 4,250-4,310 teu will be deployed on the new service that calls at Mundra, Nhava Sheva, Colombo, Haifa, Mersin, Ambarli, Mundra. The first sailing is scheduled on 17 December 2021 with the 4,250 teu SEASPAN FELIXSTOWE, to be followed by SEASPAN DALIAN, TONGALA and KOTA LAGU. ZIM Med-ISC (ZMI) service route
Although spot freight rates to North Europe have declined from their peak in January 2021, various carriers are adding ad-hoc sailings on this route using MPP tonnage
Singamas may deliver over $90m in 2021, equivalent to half of its current market capitalization.
Record high rates have pushed freight forwarder DSV to mount its first self operated sailing on the Asia-Europe route using chartered MPP ships.
3Q20 may go down in the history as the record earning quarter for the container shipping industry, which may beat even the most bullish estimate that we have seen so far. Matson, who’s 2Q preliminary report set the stage for industry’s 2Q earning season, may do so again for 3Q.
ZIM will make a bid for its long-delayed initial public offering (IPO) after 3 previous unsuccessful attempts in 2008, 2011 and 2015.
Terms on the bailout still being discussed