10 Firms Post Impressive Gains on Monday

3. ZIM Integrated Shipping Services Ltd. (NYSE:ZIM)

Shares in ZIM Integrated Shipping rose by 4.79 percent to close at $17.72 apiece as investor sentiment was buoyed by news that the company recently received a new container vessel from the Yangzijiang Shipbuilding Group of China.

Called the ZIM Aquamarine, the new vessel is co-owned between ZIM Integrated and Canadian shipping firm Seaspan. It is the last expected delivery in a series of 15 containerships built by Yangzijiang.

The vessel’s main engine and generator are both dual-fuel capable and can also operate on liquefied natural gas. A selective catalytic reduction (SCR) system meanwhile enables the ship to comply with IMO Tier III NOx emission standards.

The new vessel is expected to boost ZIM Integrated’s shipping services, thereby bolstering revenues.