ZIM Shipping Steams Back to Seattle With Retail Opportunity — Panjiva


ZIM Shipping Steams Back to Seattle With Retail Opportunity

Cons. Discr. - Retailing 156 Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 U.S. 3297

ZIM Shipping will resume a container shipping service to Seattle from ports in China, Japan, South Korea and Taiwan as part of its cooperation agreement with Maersk and MSC. ZIM had previously scaled back its west coast U.S. operations in response to excessive competition from other liners. It only shipped 39.4k TEUs into the west coast in the 12 months to Mar. 31, down 71.8% from 2016. The leading competitors on the new route combination are CMA-CGM with a 19.0% share in the past 12 months, Evergreen with 13.0% and HMM with 11.3%. The largest target customers are focused in the retail s...

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