News / Zim goes for growth with bigger newbuilds, but will need to fill them

Israeli carrier Zim says it needs to “capture volume” as it takes delivery of 46 long-term chartered vessels and continues to pay high daily hire rates for tonnage it already has on hire.

The carrier said it would be in a “transition period” until 2025, during which it will redeliver 34 “expensive Covid-era chartered”vessels next year and 40 the year after.

In the interim, Zim has been active in the charter market, re-letting some of its surplus tonnage – albeit at daily ...