Shipping

ZIM climbs the liner rankings

Apr, 09, 2024 Posted by Sylvia Schandert

Week 202414

There’s been a shuffling of the global liner rankings with Israeli carrier ZIM leaping above Taiwan’s Yang Ming.

Consultancy Linerlytica reports that with the recent delivery of the 15,248 teu ZIM Mount Vinson, the Israeli carrier now has a larger operating capacity than Yang Ming, moving from 10th to ninth in the global rankings.

The liner ZIM has more than doubled its size since 2020, growing by 155% over the past four years, according to data from Linerlytica. Its operated fleet will be further bolstered by the delivery of 19 more new ships scheduled before the end of this year.

In contrast, Yang Ming had started as the eighth largest operator in 2020 but it has since been overtaken by both HMM and ZIM with capacity stagnant and additions are not due until 2026.

Source: Splash 247

 

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