ZIM sees profits down as “the pace of normalisation has accelerated”

ZIM reaffirms its alliance with ArrowSpot Systems for remote monitoring of reefer containers.

Net loss for the full year, including a $2.06 billion non-cash impairment loss, was $2.69 billion (compared to a net profit of $4.63 billion for the full year of 2022).

ZIM’s investment in LNG-powered vessels underscores its dedication to reducing carbon emissions and embracing a more sustainable future for global shipping.

Haifa-headquartered ZIM Integrated Shipping Services has agreed a multi-trade operating alliance with Mediterranean Shipping Company (MSC)., a move it believes will “significantly enhance operational efficiencies and further elevate service levels for ZIM’s valued customers”.

Unable to secure contract rates that covered its costs, ZIM suspended a Transpacific service to LA in Q1; books net loss of $58M. 

Spinframe is a vehicle inspection system that creates digital twins of vehicles to detect damage and anomalies at points along the supply chain.