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ZIM increases 2024 guidance to EBIT of $2.15-2.45bn
21 Nov 2024 2:30 PM ISTFor nine months of 2024, net income zoomed to $1.6 billion from a loss of $2.5 billion last year.
ZIM announces new operational agreement with MSC for 3 years
9 Sept 2024 4:55 PM ISTAgreement between ZIM and MSC includes slot swap and vessel sharing agreements.
Higher rates, volumes see ZIM report net income of $373mn in Q22024
19 Aug 2024 7:07 PM ISTIncreases 2024 guidance to adjusted EBITDA between $2.6-3 billion and adjusted EBIT between $1.45-1.85 billion.
ZIM reports 2023 loss of $2.7bn on lower freight rates
13 March 2024 6:01 PM ISTFor the fourth quarter of 2023, revenue declined 45% to $1.2 billion & net loss came in at $147 million
ZIM to deploy Hoopo's tracking devices
9 Jan 2024 8:16 PM ISTZIM's smart container designed to improve supply chain management with power-efficient tracking solution
ZIM Q32023 net loss at $2.3bn, revenue drops 60%
16 Nov 2023 11:23 AM ISTRevenue declined 60% to $1.3 billion, driven by 66% decrease in freight rates & partially offset by increase in volumes
ZIM relaunches ZIM eCommerce Xpress service on China-USWC route
8 Nov 2023 6:48 PM ISTOriginally introduced in 2020, ZEX service returns in view of the recent evolving needs of the e-commerce market
ZIM announces new collaboration with MSC on multiple trades
7 Sept 2023 4:46 PM ISTMutually beneficial arrangement delivers cost efficiencies while upholding highest standards of service and reliability
ZIM revises 2023 outlook, may report loss of $500-100mn
12 July 2023 5:22 PM ISTZIM's updated 2023 guidance is driven primarily by continued weakness in freight rates across all trades
ZIM expands 40Seas partnership to offer digital financing solutions
21 Jun 2023 6:20 PM ISTZIM customers will be able to defer payment for freight charges for maximum period of 90 days from invoice date
ZIM report net loss of $58mn in Q1, revenue down 63% to $1.4bn
22 May 2023 5:37 PM ISTCarried 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 7:51 PM ISTSpinframe creates "Digital Twins" for vehicles throughout the supply chain