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            october 18, 2019

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Zim receives first of twelve ships


Israeli shipping company Zim has taken delivery of the first of 12 vessels it had ordered in anticipation of a recovery in global demand.
Zim said the new ship, the Zim Los Angeles, had a capacity of 8,400 containers and that a second ship with a capacity of 10,000 containers, the Zim Djibouti, would be delivered in two weeks, Reuters reports.
"The world economy is changing, particularly the shipping market, and when the economic crisis is over we have to be prepared with a suitable fleet to meet global demands," declared Zim chairman Idan Ofer.
The two new vessels built by South Korean shipbuilder Hyundai Heavy Industries would be deployed on Zim's Pacific Northwest Service which runs from east Asia to the west coast of Canada and the United States.

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