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Photo: Vesselfinder
By Mike Wackett
Zim is pulling its ships out of the Asia-Australasia trades and joining a vessel-sharing agreement (VSA) with MSC.
The news comes after the Haifa-based carrier posted a $213m second-quarter net loss and reaffirmed its expectations of an ebit loss of up to $500m for the year.
“The Israeli carrier is set to suspend all three of its Oceania-related services,” said Alphaliner. That includes the Asia-Australia CAX, South China/South-east Asia-Australia TFX and Trans-Tasman N2A services.
As a replacement for the CAX, from October and ...
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DAVID MITCHELL
August 24, 2023 at 9:43 pmAsia-Oceania rather than Asia-Australasia, New Zealanders do not resonate with being labeled as “Australasia”…