NYSE-listed ZIM Integrated Shipping Services, an Israel-based global container liner company, has announced a new long-term operational cooperation with MSC Mediterranean Shipping Company to cover the Asia-U.S. East Coast and Asia-U.S. Gulf trades. The services are set to launch in February 2025, pending regulatory approvals and filings, according to an official release.
This strategic collaboration aims to expand ZIM’s port coverage, elevate service quality, and achieve significant operational efficiencies. Eli Glickman, President and CEO of ZIM, emphasised that the partnership is a direct outcome of ZIM’s fleet renewal program, which has strengthened its competitive position, particularly on the Asia-U.S. East Coast trade.
“This important collaboration reflects ZIM’s commitment to delivering an outstanding shipping solution and taking proactive steps to enhance network efficiencies,” Glickman stated. “We are pleased to join forces with MSC, a trusted partner, to augment our network while maintaining our customer-centric approach and commitment to the highest service levels.”
Aligned with ZIM’s focus on decarbonisation, the partnership will promote the use of larger, eco-friendly vessels, including LNG-powered ships. ZIM is notably the first carrier to introduce LNG capacity to the Asia-U.S. East Coast trade, offering unique green services that strengthen its market position.
The three-year agreement includes slot swaps and vessel sharing arrangements across six services connecting Asia to the U.S. East Coast, West Coast of Mexico, Caribbean ports, and U.S. Gulf ports, enhancing the connectivity and service offerings for both companies. As market conditions evolve, ZIM aims to remain agile and capitalise on further opportunities that will benefit the company operationally and financially.
