News
eeSea publications only

RCL takes delivery of its largest ships from Imabari

"Regional Container Lines (RCL) has taken delivery of two 12,000 teu boxship newbuildings, the large...

by Seatrade Maritime News

FMC Complaints: Samsung Files Against Zim; Trucker Files Against MSC

"The Federal Maritime Commission received two new complaints filed on October 25 against two large c...

by The Maritime Executive

Seaspan launches first 15,000 TEU dual-fuel LNG boxship for charter with ZIM

"Seaspan Corporation, a Hong Kong-based owner and operator of container vessels, has launched ZIM Sa...

by Offshore Energy

Transatlantic becomes most lucrative east-west trade

"The slide in spot earnings on the transpacific has been dramatic over the past month, and lines are...

by Splash247

Two-tier market emerging as ocean carriers win or lose on spot vs contracts

"A two-tier market within the container shipping sector is opening up as spot rates in key trades co...

by The Loadstar

ZIM signs $1 billion LNG bunkering partnership with Shell

"ZIM Integrated Shipping Services Ltd. (ZIM) has signed a 10-year liquefied natural gas (LNG) agreem...

by Port Technology

SHI lays keel for ZIM’s 1st dual-fuel 15,000 TEU boxship

"South Korean shipbuilder Samsung Heavy Industries (SHI) has laid keel for Sammy Ofer 15,000 TEU dua...

by Offshore Energy

General Average declared following ZIM Charleston cargo fire

"General Average has been declared by charterers after a ZIM boxship suffered a cargo fire off Colom...

by Port Technology

Fire in DG hold of Seaspan ship results in 300 boxes damaged

"A fire aboard the Seaspan-owned Zim Charleston has seen the vessel held at the East Container Termi...

by The Loadstar

No trans-Pac spot rate normalization until 2023: Zim

"Zim Integrated Shipping Services expects trans-Pacific container spot rates to continue to fall thr...

by JOC

Zim invests in tracking system for its container fleet as it seeks a USP

"Ahead of its interim results on Wednesday, Zim today announced a $5.5m investment in a dry containe...

by The Loadstar

CargoWise and ZIM team up to improve customer experience

"The Israeli container carrier ZIM partnered with WiseTech Global to improve customer experience thr...

by Container News

ZIM continues to invest in Sodyo

"ZIM announced the closing of an approximately US$5 million Series B financing round in Sodyo, a nex...

by Container News

Shipping lines begin to relax freight rules for Ukraine with 'trusted partners'

"Shipping lines handling Ukrainian cargo are beginning to loosen the terms on which freight can be t...

by The Loadstar

Ocean Yield snaps up another methanol-ready boxship newbuild

"Norwegian owner Ocean Yield has agreed to buy another 5,500 teu container vessel under construction...

by Splash247

Container ships still renting for $160,000 a day despite import fears

"When demand to transport cargo weakens, short-term rental rates decline for the ships that carry th...

by Freight Waves

ZIM to invest US$6 million in AI technology company

“ZIM and Data Science Consulting Group (DSG), a technology company specialising in Artificial Intell...

by Container News

Red-hot ocean carrier profits face cooling volumes

“The container shipping industry is enjoying its highest-ever profitability after carriers banked re...

by JOC

Economic growth triggers strong demand for intra-Asian box trades

“Asia Pacific economic growth and supply chain diversification is spurring strong demand for intra-Asia container trades, with a flurry of new services launched in June.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Ocean Yield buys methanol-ready boxship newbuild

“Norwegian shipowner Ocean Yield has agreed to purchase a new 5,500 teu container vessel under construction in South Korea for an undisclosed sum.” See the original story at Splash247. Source: Splash247 (JK)

by Splash247

ZIM enjoys soaring profits with improved expectations for 2022

“Israeli carrier ZIM Integrated Shipping Services Ltd. (ZIM) has generated its highest ever quarterly net income – as it confidently predicts a positive outlook for 2022.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

ZIM announces new chartering deal for six 5,500 TEU vessels

“ZIM Integrated Shipping Services has announced a new charter transaction with a group of investors initiated by MPC Capital AG.” See the original story at Port Technology. Source: Port Technology (JK)

by Port Technology

Advisory – Black Sea Region situation – 4th update

The following advisory was published ZIM Integrated Services (ZIM):

Following our previous adviso...

by ZIM

ZIM makes strong 2022 forecast after $4.65bn 2021 profit

“Container line ZIM has reported strong earnings and profit for 2021, with forecasts for similar performance in 2022.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

ZIM to Launch ZIM eCommerce Baltimore eXpress (ZXB), a New Speedy eCommerce service from China and South-East Asia to the US East Coast

The following advisory was published by ZIM Integrated Shipping Services Ltd (ZIM):

Haifa, Israel...

by ZIM

RCL orders 7,000 TEU pair as 2021 profit sets record

“Regional Container Lines (RCL) has joined a growing number of ship owners who have ordered 7,000 TEU container ships.” See the original story at Container News. Source: Container News (JK)

by Container News

Black Sea Region situation – 3rd update

The following advisory was published by ZIM Integrated Shipping Services (ZIM):

Following our pre...

by ZIM

Black Sea Region situation – second update

The following release was published by ZIM Integrated Shipping Services Ltd (ZIM):

Following our...

by ZIM

Zim’s long-term charter strategy is outgunning its rivals

“Through its brokers, Zim has made it known to containership owners that it is prepared to outbid competitor lines to secure charter tonnage.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

ZIM in $870m boxship charter deal with Navios

“ZIM is chartering 13 containerships from Navios Maritime Partners in a $870m deal. The deal comprises a mix of secondhand vessels and newbuildings.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Tonnage crunch continues, pushing carriers to suspend more services

“Ad-hoc carriers prepared to pay colossal daily rates for three-month hire of panamax containerships...

by The Loadstar

ZIM to Enhance its Latin America Services

The following advisory was published by Zim Integrated Shipping Services (ZIM):

Haifa, Israel – F...

by ZIM

ZIM Provides Update on Operational Cooperation Agreement with the 2M Partners

The following release was published by ZIM Integrated Services:

The Parties Have agreed to Extend...

by ZIM

All but four containers that fell from Zim Kingston cargo ship still missing; beach contamination feared

“Three months after 109 shipping containers were knocked from cargo ship Zim Kingston while it was t...

by Times Colonist

ZIM secures new chartering deal for three 7,000 TEU LNG dual-fuel vessels

“ZIM has announced a new eight-year charter agreement with a shipping company that is affiliated wit...

by Container News

Construction of Seaspan’s ten LNG “green” boxships begins

“The construction of the first of ten 15,000 TEU LNG-fuelled “green” containerships chartered by the...

by Offshore Energy

Storm-hit Zim Kingston set for move to port for discharge of cargo

“Danaos-owned Zim-chartered vessel Zim Kingston, which lost 109 containers amid a cargo fire off the...

by The Loadstar

Container lines double down on second-hand ship buying

“Carriers have continued a second-hand ship-buying spree this year to offset capacity lost to conges...

by JOC

ZIM reports net income up 913% in Q3 2021

“ZIM Integrated Shipping Services Ltd (ZIM) has reported record financial results for the third quar...

by Port Technology

China major ports container volume fell 0.6% in late Oct

“Container volume at eight major Chinese ports declined 0.6% year on year in late October.” See the original story at Seatrade Maritime News. Source: Seatrade Maritime News (JK)

by Seatrade Maritime News

Zim confirms it will charter neo-panamax ships from rival carrier RCL

“Israeli liner operator Zim has confirmed to The Loadstar that it will charter two neo-panamax ships from Thai intra-Asia carrier Regional Container Lines.” See the original story at The Loadstar. Source: The Loadstar (JK)

by The Loadstar

Zim Kingston salvage plans underway as Danaos reports ‘stellar’ results

“In the aftermath of the fire and cargo loss from the Zim Kingston, Canadian authorities are expecte...

by The Loadstar

ZIM Kingston is now stable, search for more than 100 missing containers continues

“ZIM Kingston, which suffered a fire incident and lost 109 containers off the Canadian Coast on 22 O...

by Container News

Zim Kingston could have joined other vessels in sheltered waters

“Accident investigators are looking into why a Zim boxship chose to stay far out to sea when a storm approached rather than seeking shelter.” See the original story at Splash247. Source: Splash247 (JK)

by Splash247

Questions raised over why Zim Kingston failed to take shelter from storm

“Maritime experts in Vancouver have questioned the movement of the damaged Zim Kingston, prior to th...

by The Loadstar

Pollution from burning chemicals on Zim Kingston is dispersing, says shipowner

“In its latest report on the Zim Kingston, which caught fire off the coast of Vancouver on Saturday,...

by The Loadstar

Set procedures make it difficult for carriers to switch calls quickly in the US

“Shipping lines trying to switch port calls because of cargo congestion have to follow long-established procedures and rules designed to make the system fair for all parties.” See the original story at Container News. Source: Container News (JK)

by Container News

Zim Kingston lost more than 100 boxes overboard, significantly more than first reported

“Initial reports indicated that the Zim Kingston boxship lost 40 containers overboard during stormy weather on October 22. That number has been revised upward to more than 100 boxes.” See the original story at Splash247. Source: Splash247 (JK)

by Splash247