Israeli container shipping company ZIM has signed a ten-year marine liquefied natural gas (LNG) sales and purchase agreement with Shell, valued at more than $1 billion.
The LNG is intended for ten LNG-fueled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the Asia to USEC trade.
These ten 15,000 TEU vessels are expected to enter into service during 2023-2024 and will be transporting goods from China and South Korea to US East Coast and the Caribbean. The vessels have been chartered from Seaspan Corporation. The charter agreement, announced in February last year is also valued in excess of one billion dollars.
Source: World Maritime News
