ZIM Integrated Shipping Services Ltd. (ZIM), has announced a new operational cooperation agreement with Mediterranean Shipping Company (MSC).
According to ZIM, this agreement is designed to significantly enhance operational efficiencies and further elevate service levels for valued customers.
The area of cooperation comprises services connecting the Indian subcontinent to the East Mediterranean to Northern Europe, and East Asia to Oceania.
ZIM and MSC’s partnerships include vessel sharing, slot acquisitions, and swap arrangements.
READ: MSC’s mega 24,000 TEU boxship named in Italy
Eli Glickman, ZIM President and CEO, said: “This important operational collaboration with MSC, a trusted partner and industry leader, marks a mutually beneficial arrangement, delivering cost efficiencies for both carriers, while upholding the highest standards of service and reliability for our customers.
“Our decade-long partnership with MSC spanned across multiple trades over the years, and encompass Asia, the Pacific Northwest, Oceania, India, East-Med, Northern Europe, and more.
“Our agile strategy enabled us once again to promptly adapt to changing market dynamics, ensuring that we continue to best meet our customers’ needs with our signature personalised service, supported by cutting-edge digital tools.”
In August 2023, ZIM announced a restructuring of its existing services to Oceania (CAX, TFX and N2A), to upgrade the service levels to its customers.
That same month, MSC announced it would enhance the Israel Express restarting a partnership with ZIM under a vessel sharing agreement.