16.4 C
Hamburg
Wednesday, June 4, 2025
Home Most Popular ZIM extends collaboration agreement with 2M Alliance

ZIM extends collaboration agreement with 2M Alliance

ZIM and the 2M Alliance partners, Maersk and MSC, will extend their existing operational collaboration agreement on the Asia – US East Coast (USEC) and Asia – US Gulf Coast (USGC) trades, based on a full slot exchange and vessel sharing agreement, which is subject to finalising the related documentation and to regulatory approval.

In addition, the Israeli shipping line will launch ZIM Med Pacific (ZMP), a “pendulum” service on Asia to Mediterranean and Pacific North-West (PNW) trades, which will be operated by ZIM independently, and hence, the current collaboration with the 2M partners on these trades will be terminated.

Furthermore, the slot swapping agreement between ZIM and 2M on the Asia – Mediterranean and Pacific North-West (Asia – Canada) trades will end. “ZIM will no longer be a partner on these networks and all the services will instead be operated by the 2M partners,” explained MSC in a statement.

The new agreement is expected to be concluded by the beginning of February 2022 and to become effective on 1 April 2022, according to a statement.

“We are pleased to continue our collaboration with the 2M partners on the Asia to USEC and USGC trades and to launch a new, independent pendulum service to connect the Far East with the Mediterranean and the PNW,” stated Eli Glickman, ZIM president & CEO.

The combined new operational model is projected to allow better operational agility and provide fast and synchronised connections to ZIM’s regional networks in the Mediterranean, Asia and the Pacific, according to Glickman.





Latest Posts

ORBCOMM unveils new container visibility tool

ORBCOMM has announced the launch of CrewView, an onboard visibility solution designed to give vessel crews real-time access to data from smart refrigerated and...

SAAM-Enap partnership: Latin America’s first electric tug en route to Chile

Latin America’s first fully electric tugboat has officially set sail from Tuzla, Turkey, on a 45-day journey to Puerto Montt, Chile. From there, it will...

Singapore and France sign enhanced maritime partnership agreement

French Minister for Transport Philippe Tabarot and Singapore’s Acting Minister for Transport and Senior Minister of State for Finance Jeffrey Siow signed an Enhanced...

CMA CGM, DP World Ramp Up Investment Amid Global Trade Turbulence

As global trade fragments under the weight of geopolitical tensions, French shipping group CMA CGM and UAE-based logistics company DP World are positioning themselves...

AD Ports establishes Tbilisi Intermodal Hub in Georgia

AD Ports Group has announced the inauguration of the first phase of Tbilisi Intermodal Hub, Georgia's first modern, bonded container and intermodal terminal, and...
error: Content is protected !!