Economou’s TMS Group acquires ZIM Yangtze in ongoing container market comeback

Greek shipping magnate George Economou has further solidified his return to the container sector with the acquisition of the 5,500 teu ZIM Yangtze, a modern containership currently on long-term charter to Israeli carrier ZIM. The vessel, formerly owned by Germany’s Elbdeich Reederei, was sold to Economou’s TMS Group for an undisclosed sum. The 5,500 teu …

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