Photo 35130717 © Adonis1969 | Dreamstime.com

Zim’s decision, in the midst of the pandemic, to upgrade its fleet capacity via the long-term (10 years-plus) charters of a series of newbuild vessels is beginning to look like a masterstroke.

Perhaps it was vision, perhaps it was merely good luck… whatever, the fortuitous/visionary strategy to reduce its exposure to the time-charter market through the one way that didn’t involve actual ownership of the ships will see its risk exposure to rising vessel costs substantially reduced.

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