SA: ZIM Integrated Shipping surges as JP Morgan upgrades to 'Buy'
SEEKING ALPHA reports: ZIM Integrated Shipping (NYSE:ZIM) +6.6% in Monday’s trading after J.P. Morgan upgraded the stock to ...
Four of the 109 containers now confirmed lost overboard from the fire-damaged Zim Kingston containership have washed ashore near Cape Scott, the Canadian Coast Guard (CCG) has reported.
None of these containers was loaded with dangerous cargo, said the CCG.
However, Cape Scott is on the northern tip of Vancouver Island, some 300km or more from Victoria at the southern tip where the Zim Kingston is at anchor.
According to local reports, some of the lost containers were loaded with Christmas goods, furniture, metal car parts, clothing, toys and yoga mats and many are thought to have ended up on the ocean floor.
The CCG said today: “On the ship, firefighting efforts continued today, and a water sampling operation is under way to detect any contaminants in the water column as a result of the fires.” It promised a further update tomorrow.
THE Alliance suspends transpacific service, but more capacity cuts needed
EXCLUSIVE: Top executive leaves DB Schenker
Lithium batteries blamed for blaze at UK warehouse storing electric scooters
Maersk insists CMA CGM deal is not a change in green strategy
EXCLUSIVE: Kuehne + Nagel unveils new Europe leader
Evergreen steps up scrapping with two-ship sale as Indian steel prices firm
China Railways launches new 50ft container designed for express rail services
'Freefalling' Asia-North Europe rates shed half their value in three weeks
Shippers 'conned' by greenwashing: lies, damned lies, and logistics
Box lines hit by rising fuel costs as OPEC cuts supply
Little hope of 2024 upturn in box shipping trades, says Yang Ming
MSC's second-hand ship shopping spree continues despite declining vessel values
Cargolux back in the air as management and unions reach agreement
Carriers offered joining bonuses by Adani's Kattupalli to win business from Chennai
Capacity crunch at Mexico-US border as nearshoring shift boosts freight flows
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article