Comment / MSC & ZIM – scent of a bigger deal?

ID 4309886 © Elena Ray | Dreamstime.com

Here we go.

Gold.

The agreement disclosed yesterday, 6 September, by Israel’s ZIM and MSC puts the spotlight, once again, on the inorganic growth strategy of the Italo-Swiss ocean carrier, validating, among other things, its risky plan of adding tonnage at the speed of light, turning it into the leading worldwide container shipping firm since Covid began.

The “cooperation scope” includes services connecting the “Indian subcontinent with the East Mediterranean, the East Mediterranean with Northern Europe, and services connecting East Asia with Oceania”, ...