ZIM reports net loss for the full year 2023
NewsNet 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...
ZIM celebrates naming ceremonies of three new LNG vessels
NewsZIM's investment in LNG-powered vessels underscores its dedication to reducing carbon emissions and embracing a more sustainable future for ...
ZIM agrees new alliance with MSC
NewsHaifa-headquartered ZIM Integrated Shipping Services has agreed a multi-trade operating alliance with Mediterranean Shipping Company (MSC).,...
ZIM in the red
NewsUnable to secure contract rates that covered its costs, ZIM suspended a Transpacific service to LA in Q1; books net loss of $58M. ...
ZIM invests in start-up for auto inspections
NewsSpinframe is a vehicle inspection system that creates digital twins of vehicles to detect damage and anomalies at points along the supply ch...
ZIM adds door sensor for reefer monitoring
NewsZIM is adding the Sekstant door sensor to its growing fleet of Star Cool reefers with MCI’s remote reefer monitoring system.....
ZIM says freight rates are “close to the bottom”
NewsZIM expects freight rates to start rising in the second half of 2023; forecasts its EBIT will fall from $6.2 billion in 2022 to a range of $...
ZIM names 15,000 TEU vessel
NewsThe ZIM SAMMY OFER is the first of the ten LNG-powered 15,000 TEU vessels under a long-term chartering agreement between ZIM and Seaspan Cor...
ZIM adds new services
NewsZIM has announced a new exclusive service in the Americas and a major change to its Asia-US East Coast offering that sees its ZXB service ad...
ZIM sees profits down as “the pace of normalisation has accelerated”
NewsZIM’s net income, EBITDA and EBIT were all down in Q3 2022 as the pace of the decline in freight rates quickened and container loadings fe...
ORBCOMM reefer monitoring platform for ZIM
NewsAfter installing Carrier’s Lynx hardware on some of its fleet last year, ZIM has now selected ORBCOMM’s ReeferConnect platform to manage...
ZIM in LNG bunkering deal
NewsShell will supply LNG for ZIM’s new vessels in the Asia to USEC trade....
ZIM invests in AI
NewsZIM makes “the first major equity investment” in Enterprise AI company Data Science Consulting Group....
ZIM books record profit
NewsWith a 23% increase in carried volume and a net profit of $4.6 billion ZIM outperformed the market in 2021, but the carrier expects much mor...
Zim announces “eCommerce Baltimore eXpress”
NewsService will connect China and SE Asia with three ports on the US East Coast....