ZIM reports over US$2.2 billion loss in third quarter
HAIFA : Israeli container line ZIM has announced a net loss of US$2.27 billion in the third quarter of the year, while the company achieved a US$1.66 billion net income in the same period
ZIM reports 769,000 TEUs in the first quarter of 2023
HAIFA : ZIM Integrated Shipping Services, a worldwide container liner shipping firm, has released its consolidated results for the three months ending 31 March 2023. Carried volume in the first quarter was 769,000 TEUs,
ZIM announces investment in Spinframe
HAIFA : ZIM Integrated Shipping Services Ltd, along with other investors, announced the initial closing of an $8 million financing round in Spinframe. ZIM led this investment as part of its strategy to invest in early-stage
ZIM quits Pacific Southwest lane again as ZEX service axed
HAIFA : ZIM will withdraw its eCommerce Xpress (ZEX) service at the end of this month. which was launched during the peak of the freight market in 2020. The cessation of ZEX will mean
ZIM sets floor for Transpacific contract container rates
HAIFA : Annual contracts are being negotiated between shippers and lines on the Transpacific container trade ZIM warns if rates are too low it will stop sailing. Container spot rates have plummeted from record
ZIM reports 16% increase Y-o-Y annual revenues amid slight container decline
HAIFA : Israel-based container line ZIM Integrated Shipping Services has published its operating and financial results for the full year ending 31 December 2022. ZIM reported a year-on-year decline of 3% in its container
ZIM withdraws China – Los Angeles loop
HAIFA : Israel’s major container carrier ZIM Integrates Shipping Services (ZIM) will cancel its Transpacific ZIM eCommerce Xpress (ZEX) service, according to the latest DynaLiners report. ZEX service launched in July 2020 and was
ZIM names its new 15,000 TEU LNG container vessel ‘ZIM SAMMY OFER’
SEOUL : A celebratory naming ceremony was held at the Samsung Heavy Industries (SHI) shipyard in South Korea for the new 15,000 TEU LNG-powered container ship, ZIM SAMMY OFER, the first of 10 ships