Shipping crisis : combating overcapacity

This paper breaks down the factors, effects, and steps taken in regards to the overcapacity in the container shipping industry. Presented in this paper is a detailed explanation on how becoming an Independent carrier is a unique opportunity for ZIM Container Lines and the components needed to be successful. Specifically, this paper analyzes four methods ZIM should employ to be effective as an independent for years to come. This paper specifies enhancing commercial and freight management to ensure long-term viability. This study provides a combination of principles and nodes but centers more on effective strategies.