Zim to Buy Cargo Ships for $266.4m

Thursday, March 01, 2007

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

advertise here

Maritime Reporter May 2013 Digital Edition

FREE Maritime Reporter Subscription

Latest Maritime News

Coast Guard Cadets Navigate 'Eagle' by Sextant

Unconventional Wisdom from Dolphin Geophysical CEO

STX Appoints New Vice President of Operations

IMO MEPC Implements Further Energy Efficiency

BAE Systems Lays Keel for Jackson Offshore PSV

Maritime Jobs

USCG Licensed Assistant Engineer

Assistant Director of Career Services/Sea-going

Trip Pilot - Warrior & Gulf Navigation, LLC

Deckhand - Warrior & Gulf Navigation LLC

Port Engineer

People & Company News

EFC Group Launches Next Phase of NE Scotland Expansion

EFC Group, a designer and manufacturer of instrumentation, monitoring, handling and control systems for the global oil and gas industry, announced the launch of a new manufacturing plant in Moray.

WSS’s Liferaft Rental Program "Convenient and Cost Efficient"

Iino Marine Service, a ship management company in Japan, has been a customer of the Liferaft Rental and Exchange program (LRE) since 2010. Mr. Araki, Director of Iino Marine Service said,

SOR Founder Roy R. Dunlap Passed Away Aged 90

Roy Dunlap invented a mechanical pressure switch that prevented oil tanks from overflowing and founded SOR Inc. SOR® founder Roy Dunlap leveraged the static-o-ring

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Navigation Offshore Oil Port Authority Ship Electronics Ship Repair Sonar Winch