Israeli shipping company ZIM Integrated Shipping Services has notified the U.S. Securities and Exchange Commission of its intention for an initial public offering of its ordinary shares on the New...

JERUSALEM, Oct 21 (Reuters) – Israeli shipping firm Zim said on Wednesday it would start to offer direct service to Jebel Ali port in the United Arab Emirates (UAE). With...

Israeli shipping line ZIM has patnered with Chinese e-commerce giant Alibaba to offer the direct purchase of sea freight on the Alibaba.com platform. The strategic agreement will improve logistic services...

Israeli shipping company ZIM Integrated Shipping Services has signed on as a member of Maersk and IBM’s blockchain-enabled TradeLens platform. Launched in 2018, TradeLens uses blockchain technology to drive transparency...

Israeli container shipping company ZIM has reached a deal with 2M alliance members Maersk Line and Mediterranean Shipping Company on a new strategic cooperation on the Asia – US East...

JERUSALEM, Oct 5 (Reuters) – Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said on Wednesday it had agreed to defer $115 million...

By Mike Wackett (The Loadstar) – Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year. This compares with a $23m profit in the...

  By Yaacov Benmeleh (Bloomberg) — Zim Integrated Shipping Services Ltd., a marine transportation company, hired Bank of America Corp.’s Merrill Lynch unit and Barclays Plc to lead an initial...

LOS ANGELES, Sept 29 (Reuters) – An Israeli-owned container ship that was blocked from unloading its cargo at the Port of Oakland by pro-Palestinian protesters over the weekend was headed...

Israel's biggest shipping firm Zim said it completed a more than $3 billion debt restructuring that will allow the company to capitalise on the recovery in global trade.

The chief executive of Zim, Israel's biggest shipping company, has indicated he wants to step down once its $3 billion restructuring plan has been implemented, a source at parent company Israel Corp said on Tuesday.

JERUSALEM, May 19 (Reuters) – Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate’s shipping offshoot Zim, first set out in January and...

By Mike Wackett, Greek containership owner Danaos Corporation has revealed more details of its agreement with restructured ocean carrier Zim, which saw the NYSE-listed shipowner write off $19m in its...

Samsung Heavy Industries terminated a contract to build three "very large containerships" according to a regulatory filing today.

Israeli shipping company Zim has reached an agreement in principle with most of its creditors covering $1.82 billion in debt, in a deal that will see parent company Israel Corp's stake in Zim fall to 32 percent.

The Israel Corp holding company is set to lose control of shipping company Zim under the terms of a bailout agreement being negotiated with Zim's creditors, Israeli media reported on Thursday.

JERUSALEM, Dec 15 (Reuters) – Standard & Poor’s Maalot lowered its rating for Israeli shipping firm Zim to “CC” from “CCC”, citing a going concern warning in third-quarter results and...

By Steven Scheer JERUSALEM, Aug 29 (Reuters) – Debt-laden Israeli shipping company Zim said it has received support from its creditors as it continues to lose money during one of...

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing to signs of recovery for the global...

(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating its ability to raise financing and enter alliances...