Zim expands its presence in the transpacific trade

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.

Zim Integrated Shipping Services is the latest operator to announce a deal to fit tracking devices to its fleet of dry freight containers.

Haifa-based Zim Integrated Shipping Services is to schedule direct calls at Cai Mep in southern Vietnam to its Zim Mediterranean Premium (ZMP) service.

Zim Integrated Shipping Services is the latest carrier to post poorer quarterly results. However, while most of its competitors remained profitable, Zim posted a net loss for the period of US$2.3B. This included a non-cash impairment loss of US$2.1B. In the corresponding period of 2022, Zim reported a profit of US$1.2B.

Haifa-based ZIM Integrated Shipping Services Ltd has relaunched its ZIM eCommerce Xpress (ZEX) service connecting a selected number of ports in southern China with the port of Los Angeles (LA) in the US.