ZIM Integrated Shipping Services has signed a 10-year LNG sales and purchase agreement, worth more than $1bn, with Shell NA LNG.
The deal will see the supply of 10 LNG-fuelled vessels that will be deployed on ZIM’s flagship ZIM Container Service Pacific (ZCP), on the Asia to USEC trade.
The 15,000 TEU vessels, expected to enter into service during 2023-2024, will be transporting goods from China and South Korea to US East Coast and the Caribbean.
About 23% of total shipping emissions are from the container segment alone and with increasing global trade of goods, these emissions need to be addressed on a prompt basis.
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