News / Zim scales up its box ship fleet to challenge its liner rivals

Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten global carriers in the past year, with growth of 30.8%.

Zim’s chartering strategy of replacing smaller vessels with larger LNG-powered tonnage on the Asia-US east coast tradelane enabled it to tap into the lucrative spot market and help follow a loss-making 2023 with a very respectable $655m net profit in the first half of this year.

Indeed, Zim makes no secret ...