Zim in talks to delay delivery of nine 12,600-TEU vessels

5/10/2012 10:25:27 AM

Zim Integrated Shipping Services, Ltd. has confirmed the company is in talks with Samsung Heavy Industries, the South Korea-based shipbuilding giant, on a further delivery delays for a series of nine TEU 12,552 mega-container vessels ordered in 2007.   Under the 2007 construction deal, Zim was to acquire eight container ships with an option for an additional unit, at US$171 million each. The option was exercised by Zim in December 2007, and the vessels were initially scheduled for delivery in 2012, but were later delayed to 2015.   Port2Port

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