Israeli shipping giant ZIM has announced an agreement with Seaspan Corporation for a long-term charter worth over $1.5 billion for 10 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve across ZIM's various global-niche trades.
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The deal follows one signed between the two firms in February 2021 for a long-term charter agreement for 10 15,000 TEU LNG-fueled vessels.
ZIM President and CEO Eli Glickman stated: "We are very pleased to once again partner with Seaspan as we strategically enhance our operating fleet … Keeping with our commitment to reducing our carbon footprint and preserving our oceans, we are investing in state-of-the-art 'green' vessels that use the cleanest technology currently available. We are proud that this transaction will further improve our carbon intensity standing among the global liners."
Bing Chen, Chairman, President and CEO of Seaspan, added: "We are very proud to further ZIM's leading environmental initiatives with advanced designs, competitive pricing, and valuable deliveries. Together, our teams developed a creative and competitive solution by leveraging Seaspan's decades of environmental expertise, newbuild experience, integrated platform, and trusted partnerships with shipyards. Our growing partnership and the twenty LNG-fueled newbuilds to date signify both ZIM's and Seaspan's commitment to carbon reduction and sustainable growth for our industry."
