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For the fourth quarter of 2023, revenue declined 45% to $1.2 billion & net loss came in at $147 million

ZIM's smart container designed to improve supply chain management with power-efficient tracking solution

Revenue declined 60% to $1.3 billion, driven by 66% decrease in freight rates & partially offset by increase in volumes

Originally introduced in 2020, ZEX service returns in view of the recent evolving needs of the e-commerce market

Mutually beneficial arrangement delivers cost efficiencies while upholding highest standards of service and reliability

ZIM's updated 2023 guidance is driven primarily by continued weakness in freight rates across all trades

ZIM customers will be able to defer payment for freight charges for maximum period of 90 days from invoice date

Carried volume declined 10% to 769,000 TEUs, average freight rate dropped sharply (64%) to $1,390/TEU

Spinframe creates "Digital Twins" for vehicles throughout the supply chain

2023 outlook shocker: ZIM expecting sharp decline in adjusted EBITDA of $1.8-2.2bn & adjusted EBIT of $100-500mn

Funding comes as fintech startup emerges from stealth mode; ZIM also extends credit facility of approximately $100mn

Average freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%