News Details

ZIM & 2M Alliance announce major expansion of strategic operational cooperation

 

ZIM and the members of the 2M Alliance, Maersk Line and MSC, have announced a second strategic cooperation agreement following the agreement announced in July 2018 in the Asia-US East Coast trade. The new strategic operational agreement covers two additional trades: Asia - East Mediterranean and Asia - American Pacific Northwest. In each trade, two strings will be operated in cooperation, as follows:

 

Asia - East Mediterranean Sirius Line (ZAS)

 

Xingang - Dalian - Pusan - Shanghai - Ningbo - Shekou - Singapore - Port Said East - Haifa - Port-Said East - Singapore - Xingang

 

Spica Line (ZMS)

 

Pusan - Shanghai - Ningbo - Shekou - Singapore - Port Said East - Yarimca - Istanbul - Asyaport - Piraeus - Singapore - Shekou - Pusan

 

Asia - Pacific Northwest ZIM Pacific Pollux (ZP9)

Asia to Americas: Kaohsiung - Xiamen - Yantian - Ningbo - Shanghai - Busan - Vancouver - Seattle

 

Americas to Asia: Vancouver - Seattle - Yokohama - Busan - Kaohsiung

 

ZIM Pacific Procyon (ZP8)

 

Asia to Americas: Xingang - Qingdao - Shanghai - Busan - Yokohama - Prince Rupert

 

Americas to Asia: Prince Rupert - Xingang

 

The new structure offers 4 dedicated lines with extensive port coverage and premium service levels, highlighted a release.

 

The new services are due to start from Asia in March, subject to FMC and other regulatory approvals.

 

To supplement and complement its services in the East Mediterranean, ZIM will introduce a new array of exclusive, ZIM-operated feeder lines synchronised with the mainliners and catering to the regional market in a comprehensive and efficient way. A full, detailed announcement regarding the new regional network will be issued separately, the release added.

 

ZIM President & CEO, Mr Eli Glickman, said: "We are very proud to team up with the two largest players in the industry and to expand our cooperation with the 2M Alliance. The new strategic Agreement means faster and more efficient service with better geographic coverage and extended direct port calls for the benefit of our customers, in line with our vision to provide best-in-class service. We will significantly increase our ability to provide the ‘best of both worlds’: top-level line coverage combined with our exceptional customer service and personal touch. The agreement is a game-changer, and I am confident it will support ZIM’s growth and profitability."

 

Source : Exim News Service - Haifa, Jan. 10

EXIM INDIA PROFILE

click here!!

Search News

Currency Import Export
U.S.Dollar 69.75 68.87
U.K.Pound 89.23 87.45
Euro 79.72 78.37

As On 25th June, 2019

more forex rates...

Currency Import Export
U.S.Dollar 70.40 68.70
Sterling Pound 89.80 86.60
Euro 79.85 76.90

w.e.f.21st June, 2019

more custom rates...

CURRENT EVENT