ZIM Stock Surges on Earnings Beat, Upgraded Guidance
Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six months ended June
Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six months ended June
A substantial newbuilding program along with recent vessel deliveries has propelled Israeli-based ZIM ahead of Taiwan’s Yang Ming in the liner rankings,
by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese
According to breaking news by the Israeli financial news outlet Globes, the prominent Chinese shipping conglomerate COSCO has halted its maritime services to
Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) says it will re-route vessels to avoid the Arabian and Red Seas amid threats to
Israeli container shipping line ZIM announced its financial results for the third quarter of 2023, reporting a $2.2 billion loss driven by a massive $2 billion
In light of the ongoing war in Israel, Israeli shipping ZIM has alerted customers about possible service disruptions. Despite the challenging situation, ZIM
By Mike Wackett (The Loadstar) – The world’s largest container line, MSC, is joining in an alliance with tenth-ranked Zim across “multiple trades”,
By Alex Whiteman (The Loadstar) – Ongoing weakness in container shipping has forced Israel’s Zim to drastically re-evaluate its full-year performance,
Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) has announced that its first LNG-powered newbuild has set sail on its maiden voyage. The
By Nick Savvides (The Loadstar) – Crew onboard the Zim Iberia have written to their crewing agents asking for redeployment after they
By Nick Savvides (The Loadstar) – A two-tier market within the container shipping sector is opening up as spot rates in key trades collapse. Carriers
Israeli-based shipping line ZIM Integrated Shipping Services (NYSE: ZIM) has signed a ten-year sales and purchase agreement with Shell for the supply of LNG
The law of General Average has been declared for the ZIM Charleston containership following a fire in stacks of containers earlier this month, reports marine
By Mike Wackett (The Loadstar) – Container spot rates from China to Middle East and intra-Asia routes are reported to have “collapsed” this week,
Israeli container shipping company ZIM has invested $5.5 million in a container tracking firm as the market for “smart” containers is set to
Norway-based shipowner Ocean Yield has agreed to purchase a second methanol-ready containership newbuilding for long-term charter to Israeli carrier ZIM. The
Though news reports are no longer highlighting the ships anchored in San Pedro Bay, the container shipping segment continues to pump out strong earnings. In
Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) has announced new charters for up to six newbuild 5,500 TEU wide beam containerships from
By Mike Wackett (The Loadstar) – Through its brokers, Zim has made it known to containership owners that it is prepared to outbid competitor lines to
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