Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

ZIM Inks Chartering Agreement For Three Container Vessels

NYSE ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) entered a new eight-year charter agreement with a shipping company affiliated with Kenon Holdings Ltd.,
ZIM will charter three 7,000 TEU liquefied natural gas dual-fuel container vessels to serve across its various global-niche trades for total consideration of ~$400 million.
The vessels will be constructed at a Korean-based shipyard, Hyundai Samho Heavy Industries, with deliveries scheduled during the first and second quarters of 2024.
"We are pleased to enter into another charter agreement to secure high quality tonnage, with a focus on adding extremely versatile vessels that could serve us on multiple trades," said CEO Eli Glickman.
Price Action: ZIM shares are trading higher by 0.25% at $63.86 on the last check Tuesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Lawsuit challenges Hawaii's gun ownership ban for young adults

Lawsuit challenges Hawaii's gun ownership ban for young adults

A new lawsuit takes aim at Hawaii’s ban on gun ownership for those 18 to 20 years old

The Independent UK

Dominican Republic says colonel and officers stole police weapons and ammunition to sell to Haitians

Dominican Republic says colonel and officers stole police weapons and ammunition to sell to Haitians

Authorities in the Dominican Republic have arrested a colonel and nine officers accused of stealing weapons and ammunition from the police department’s armory and illegally selling them to people including criminals in neighboring Haiti, where violence has surged

The Independent UK

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

The DEA paid one airline employee tens of thousands of dollars to snoop on travel itineraries and flag passengers for searches.

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

While a 21-second clip was released online that shows a Russian ICBM missile attacking Ukraine territory there are various reports as to whether an intermediate or medium range artillery was used in the attack.

International Business Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Police accuse 37 people of crimes including conspiracy and trying to tear down one of world’s largest democracies

The Guardian - US

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Edward Kelley created ‘kill list’ of officials who investigated his role in January 6 attack, justice department says

The Guardian - US

Related Stories

Top stories on inkl right now

Lawsuit challenges Hawaii's gun ownership ban for young adults

Lawsuit challenges Hawaii's gun ownership ban for young adults

A new lawsuit takes aim at Hawaii’s ban on gun ownership for those 18 to 20 years old

The Independent UK

Dominican Republic says colonel and officers stole police weapons and ammunition to sell to Haitians

Dominican Republic says colonel and officers stole police weapons and ammunition to sell to Haitians

Authorities in the Dominican Republic have arrested a colonel and nine officers accused of stealing weapons and ammunition from the police department’s armory and illegally selling them to people including criminals in neighboring Haiti, where violence has surged

The Independent UK

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

Justice Department Orders DEA to Halt Airport Searches Because of 'Significant Issues' With Cash Seizures

The DEA paid one airline employee tens of thousands of dollars to snoop on travel itineraries and flag passengers for searches.

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

WATCH: Pieces Of Russian ICBM Rain Down On Ukraine Territory After Retaliatory Launch

While a 21-second clip was released online that shows a Russian ICBM missile attacking Ukraine territory there are various reports as to whether an intermediate or medium range artillery was used in the attack.

International Business Times

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Brazil’s former president Jair Bolsonaro charged with plotting coup d’état

Police accuse 37 people of crimes including conspiracy and trying to tear down one of world’s largest democracies

The Guardian - US

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Tennessee man involved in Capitol riot guilty of plot to kill federal agents

Edward Kelley created ‘kill list’ of officials who investigated his role in January 6 attack, justice department says

The Guardian - US

Our Picks

“One of the most important guitars in rock and roll history”: George Harrison’s Futurama smashes auction estimate and sets a new record with staggering $1.27 million sale

The oddball electric – which was used during the Beatles’ early years, and saw action in over 300 historic shows – becomes the most expensive electric guitar formerly owned by a Beatle to sell at auction

Keke Palmer: I'm living life on my own terms

Keke Palmer has revealed that she feels proud to be living life "on [her] own terms".

Crypto entrepreneur Justin Sun buys $6 million banana—and plans to eat it unless Elon Musk wants to send it to space

Sun outbid six others for the iconic work.

Paul Simon names the fan-favorite song he’ll never perform again

The folk rock icon said his hearing loss has limited the songs he can perform live

The Independent UK

“We’re doing my first-ever gig with Nirvana on SNL. What I didn’t know was there was a discussion about my guitar like, ‘No, we can’t let him on stage’”: Pat Smear’s first Nirvana appearance almost didn’t happen – because of his guitar

Smear had bought a 1982 Charvel when he was playing with Nina Hagen – but the guitar didn't quite impress the Nirvana troupe

"Worm": Keith Lee shuts down sushi joint

FOB Sushi Bar has closed its Bellevue and Seattle restaurant locations

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play