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ZIM increases 2024 guidance to EBIT of $2.15-2.45bn
21 Nov 2024 9:00 AM GMTFor 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 Sep 2024 11:25 AM GMTAgreement 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 1:37 PM GMTIncreases 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 12:31 PM GMTFor 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 2:46 PM GMTZIM'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 5:53 AM GMTRevenue 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 1:18 PM GMTOriginally 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 Sep 2023 11:16 AM GMTMutually 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 11:52 AM GMTZIM'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 12:50 PM GMTZIM 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 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