Shifts in Container Rankings: ZIM surpasses Yang Ming and ranks as 9th biggest operator
July 24,2024
ZIM's fleet has grown nearly 18% from last year
ZIM is one of the fastest-growing mainline operators, according to the latest alphaliner's report.
ZIM’s unrelenting commitment to taking more ships on long-term charter enabled ZIM to overtake Taiwan’s Yang Ming in the rankings, putting it in the ninth spot, while Yang Ming dropped to the 10th. ZIM’s fleet has grown nearly 18% from last year, to 728,011 TEU.
Source: Alphaliner & container-news.com
Year to date, ZIM has taken delivery of three 15,250 TEU ships, seven 7,800-7,900 TEU ships and eight 5,300-5,500 TEU ships. Many of the vessels have been assigned to the transpacific lane.
Alphaliner remarked, “Like all carriers that rapidly expanded their fleet with large mainline newbuildings, ZIM is indirectly profiting from the Asia - Europe service re-routings via the Cape of Good Hope, since these diversions helped absorb the newbuilding wave. All the fresh tonnage also allowed the Haifa-based carrier to expand its Transpacific footprint. Currently, 48% of ZIM’s fleet is trading between Asia and North America.”
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