News / Zim looks to change tack, with 2M partnership and premium services

After recording a net loss of $67m in the first six months, Zim is focusing on slashing costs by collaboration with competitors and hiking average revenue per slot.

It hopes to achieve the latter by the launch of more premium services.

The Israeli ocean carrier’s strategic cooperation with 2M partners, Maersk Line and MSC, on the Asia-US east coast tradelane, will see six loops consolidated into five from 12 September.

Under the four-year deal with the 2M alliance, Zim will drop one of its strings ...