Friday, September 3, 2021
zim containership
Shipbuilding

Seaspan And ZIM Announce Five 7,000 TEU Dual-Fuel LNG Containership Newbuilds

Seaspan today announced that ZIM Integrated Shipping Services (ZIM) has exercised its option to enter into long-term charters of five 7,000 TEU dual-fuel liquefied natural gas containership newbuilds. ZIM was...

September 3, 2021
Total Views: 2141

Wednesday, August 18, 2021
zim containership
Shipping

ZIM Beats Estimates and Significantly Raises Full Year Guidance

Israeli liner company ZIM (NYSE: ZIM) on Wednesday reported second quarter net profit of $888 million, or $7.38 per diluted share, and significantly raised its full year guidance, sending its...

August 18, 2021
Total Views: 440

Tuesday, July 6, 2021
zim containership
Shipbuilding

Seaspan Goes for More with ZIM-Linked Shipbuilding Order

Seaspan does it again… The Hong Kong- based containership lessor company today announced long-term charters with Israeli liner ZIM Integrated Shipping Services (NYSE: ZIM) for ten “ultra-modern” LNG-powered newbuild containerships...

July 6, 2021
Total Views: 1316

Monday, June 21, 2021
zim alibaba cooperation agreement
Shipping

ZIM and Alibaba Extend Direct Sea Freight Agreement

Israeli liner shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and e-commerce giant Alibaba.com will extend their cooperation agreement for two more years. The agreement, which has been in...

June 21, 2021
Total Views: 1287

Tuesday, June 15, 2021
zim containership
Shipping

Deutsche Bank Set to Reap $1 Billion on Trader’s ZIM Bet

By Irene García Pérez and Luca Casiraghi (Bloomberg) — Mark Spehn couldn’t join billionaire Idan Ofer at his seaside villa north of Tel Aviv for a June 8 party to mark...

June 15, 2021
Total Views: 2397

Thursday, May 20, 2021
zim containership
Shipping

ZIM Rides Rising Tide to Record Quarterly Profit

By Gavin van Marle (The Loadstar) Israeli container shipping carrier Zim, recently listed on the New York Stock Exchange, rewarded investors yesterday, reporting first-quarter results that were among some of the best...

May 20, 2021
Total Views: 1222

Monday, March 22, 2021
zim containership
Shipping

‘Revitalized’ ZIM Posts Biggest Yearly Profit

By Mike Wackett (The Loadstar) – Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in its 75-year history – recording a net income of...

March 22, 2021
Total Views: 1371

Friday, February 12, 2021
zim containership
Shipping

ZIM to Charter LNG Containerships for Asia-U.S. East Coast Trade

Israeli shipping company ZIM has announced a strategic chartering agreement with Seaspan for the long-term charter of ten 15,000 TEU-capacity containership fueled by liquefied natural gas. ZIM says the newbuild...

February 12, 2021
Total Views: 1871

Monday, January 4, 2021
Shipping

ZIM Plans IPO on New York Stock Exchange

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...

January 4, 2021
Total Views: 1787

Thursday, October 22, 2020
zim containership
Maritime News

Zim Opens Direct Shipping Line to UAE

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...

October 22, 2020
Total Views: 38

Monday, October 19, 2020
Maritime News

ZIM and Alibaba Ink Strategic Partnership

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...

October 19, 2020
Total Views: 34

Wednesday, April 17, 2019
zim containership
Maritime News

ZIM Joins Maersk’s Blockchain Shipping Platform TradeLens

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...

April 17, 2019
Total Views: 27

Thursday, July 19, 2018
zim containership
Maritime News

Maersk Line, MSC and ZIM Enter Strategic Cooperation on the Asia – U.S. East Coast Trade

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...

July 19, 2018
Total Views: 12

Wednesday, October 5, 2016
Maritime News

Israeli Shipping Firm Zim to Defer $115 Million in Payments

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...

October 5, 2016
Total Views: 28

Monday, October 3, 2016
Maritime News

ZIM Shipping Says ‘We Can Hope’ as Losses Mount

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...

October 3, 2016
Total Views: 1

Thursday, October 8, 2015
News

Israeli Shipping Company Zim May Be Planning U.S. IPO

  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...

October 8, 2015
Total Views: 17

Monday, September 29, 2014
Maritime News

Israeli Containership Heads for L.A. After Oakland Protest

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...

September 29, 2014
Total Views: 1

Thursday, July 17, 2014
zim shipping logo
Finance

Zim Completes $3.4 Billion Restructuring

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.

July 17, 2014
Total Views: 40

Tuesday, July 1, 2014
zim rio grande containership
Maritime News

Zim CEO Wants to Step Down

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.

July 1, 2014
Total Views: 1

Monday, May 19, 2014
zim shipping logo
Finance

Israel Corp Shareholders To Vote On Zim Shipping’s $3 Billion Restructuring

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...

May 19, 2014
Total Views: 3