Hyundai, GE Could Be Targets for ZIM’s New 2M-Affiliate Service — Panjiva
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Hyundai, GE Could Be Targets for ZIM’s New 2M-Affiliate Service

China 3047 Corp - Shipping 1025 Mode - Containerized 1523 Mode - Seaborne 1845 South Korea 605 Theme - Alliances 99 U.S. 5398

ZIM Shipping has moved closer to the 2M shipping alliance of Maersk and MSC in offering two new routings from China and South Korea to the U.S. gulf coast. That replaces routes previously offered by HMM (former Hyundai Merchant Marine) alongside 2M. U.S. inbound shipments for the port pairs covered climbed 29.3% year over year in the 12 months to Jun. 30 to reach over 564,000 TEUs. Maersk and MSC accounted for 45.9% of all volumes on the routings. Major users of the routes who may transfer to ZIM include Walmart, with over 31,000 TEUs shipped, Hyundai Motor at over 18,000 TEUs and Genera...

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