The board of Zim Integrated Shipping Services Ltd. has approved the purchase of two container ships for $266.4 million and has option on a third, according Globe Online. The ships will be delivered in early 2010.
Last June, the company announced plans to buy eight new container ships
for $1 billion from South Korea’s Hyundai Shipyards. This purchase will increase Zim’s fleet by 30%.
Source: Globe Online