News / Zim pulls Asia-Australasia services to launch VSA with MSC

Photo: Vesselfinder

Zim is pulling its ships out of the Asia-Australasia trades and joining a vessel-sharing agreement (VSA) with MSC.

The news comes after the Haifa-based carrier posted a $213m second-quarter net loss and reaffirmed its expectations of an ebit loss of up to $500m for the year.

“The Israeli carrier is set to suspend all three of its Oceania-related services,” said Alphaliner. That includes the Asia-Australia CAX, South China/South-east Asia-Australia TFX and Trans-Tasman N2A services.

As a replacement for the CAX, from October and ...