ISRAELI flag carrier Zim Integrated Shipping Services (ZIM) and Hong Kong’s Seaspan Corporation have announced a new strategic agreement for long-term charter, a value more than US$1.5 billion of ten 7,000 TEU liquefied natural gas (LNG) dual-fuel containerships, serving across ZIM’s global trades, reports PRNewswire.
ZIM and Seaspan previously announced a long-term charter agreement for ten 15,000 TEU LNG-fueled vessels.
“We are very pleased to once again partner with Seaspan as we strategically enhance our operating fleet to further facilitate our long-term strategy. With this second long-term chartering agreement, we are securing access to our core fleet, while maintaining operational agility with respect to the total number of vessels we operate,” said Zim CEO Eli Glickman.
“Since going public, and further evidenced by this transaction, we remain committed to deploying capital prudently and enhancing shareholder value,” said Mr Glickman.
“Keeping with our commitment to reducing our carbon footprint and preserving our oceans, we are investing in state-of-the-art ‘green’ vessels that use the cleanest technology currently available. We are proud that this transaction will further improve our carbon intensity standing among the global liners,” said Mr Glickman.
Said Seaspan CEO Bing Chen: “We are very proud to further Zim’s leading environmental initiatives with advanced designs, competitive pricing, and valuable deliveries. Together, our teams developed a creative and competitive solution by leveraging Seaspan’s decades of environmental expertise, newbuild experience, integrated platform, and trusted partnerships with shipyards. Our growing partnership and the twenty LNG-fueled newbuilds to date signify both ZIM’s and Seaspan’s commitment to carbon reduction and sustainable growth for our industry.”