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ZIM report net loss of $58mn in Q1, revenue down 63% to $1.4bn
22 May 2023 12:07 PM GMTCarried volume declined 10% to 769,000 TEUs, average freight rate dropped sharply (64%) to $1,390/TEU
ZIM leads $8mn funding for Spinframe
17 May 2023 2:21 PM GMTSpinframe creates "Digital Twins" for vehicles throughout the supply chain
ZIM, Shell complete 1st LNG bunkering under 10-year deal
28 March 2023 11:06 AM GMTKingston, Jamaica new LNG bunkering location for Shell, expanding global network to 16 locations across 11 countries
ZIM 2022 revenue up 12% at $12.5bn
13 March 2023 11:51 AM GMT2023 outlook shocker: ZIM expecting sharp decline in adjusted EBITDA of $1.8-2.2bn & adjusted EBIT of $100-500mn
January schedule reliability drops MoM
2 March 2023 7:41 AM GMTMaersk was the most reliable carrier in January with 58.3% followed by MSC with 57.7%
40Seas gets $111 million funding from ZIM, Team8
10 Jan 2023 1:47 PM GMTFunding comes as fintech startup emerges from stealth mode; ZIM also extends credit facility of approximately $100mn
ZIM Q3 net income drops 20% on lower volume
16 Nov 2022 12:49 PM GMTAverage freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%
ZIM announces $1bn LNG bunkering deal with Shell
31 Aug 2022 1:10 PM GMTZIM to operate LNG-fuelled vessels in Asia-USEC trade; agreement secures competitive terms and efficient LNG supply.
Reliability continues to improve; Maersk still most reliable carrier
30 Aug 2022 1:45 PM GMTAverage delay for late vessel arrivals have been dropping sharply so far this year.
ZIM Q2 net profit up 50% at $1.3bn on higher freight rates
17 Aug 2022 11:33 AM GMTReaffirms 2022 full year guidance, expects to generate record adjusted EBITDA of $7.8-$8.2 billion.
ZIM invests $5.5mn in tracking solutions provider Hoopo
12 Aug 2022 8:30 AM GMTFunds to be used for developing Hoopo's technology for maritime industry, specifically dry containers.
ZIM announces additional investment of $5mn in Sodyo
2 Aug 2022 6:39 AM GMTSodyo's scanning technology creates highly functional offline to online (O2O) solutions to understand workflows.