Zim sails into the sunset
After 55 years of servicing shipping business to and from Australia, Israel’s iconic shipping line ZIM will quit its business this market next month.
It has been almost ten years since the last ZIM vessel berthed at an Australian dock, but the company has continues to ship through an agreement with a third party by booking slots on other lines.
That agreement had reached its conclusion.
Brian Simmonds has been working with the Israeli company on an agency basis. He told J-Wire from his Melbourne office: “The shipping line has not negotiated an agreement to allow continuity of business after the end of next month and the company has decided for their own commercial and logistical reasons to quit this market. It will not have an effect on shipping facilities as they stopped using their own vessels some time ago and the space freed up by them will be available to other freight companies.”