Zim charters 10 LNG container vessels
Zim charters 10 LNG container vessels Korean-based Samsung Heavy Industries has been commissioned by Seaspan to build these vessels. Zim Integrated Shipping Services Ltd. (NYSE: ZIM) has signed a strategic agreement with Atlas Corp. unit Seaspan Corporation for the long-term charter of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel container vessels. The vessels will serve Zim's Asia - US East Coast trade. Zim president and CEO Eli Glickman said, "This is a milestone agreement for Zim, valued in excess of one billion dollars, which enables us to achieve two important strategic objective...