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Major carriers continue to accept bookings in Israel even as the Israel-Palestine war enters its second week

Mutually beneficial arrangement delivers cost efficiencies while upholding highest standards of service and reliability

Average freight rate declines 67% to $1,193/TEU, carried volume was marginally higher at 860,000 during Q22023

ZIM's updated 2023 guidance is driven primarily by continued weakness in freight rates across all trades

ZIM customers will be able to defer payment for freight charges for maximum period of 90 days from invoice date

Funding, led by NewRoad Capital Partners, will fuel WaveBL's market expansion in digital trade documents sector

Carried volume declined 10% to 769,000 TEUs, average freight rate dropped sharply (64%) to $1,390/TEU

Spinframe creates "Digital Twins" for vehicles throughout the supply chain

Kingston, Jamaica new LNG bunkering location for Shell, expanding global network to 16 locations across 11 countries

2023 outlook shocker: ZIM expecting sharp decline in adjusted EBITDA of $1.8-2.2bn & adjusted EBIT of $100-500mn

Maersk was the most reliable carrier in January with 58.3% followed by MSC with 57.7%

Funding comes as fintech startup emerges from stealth mode; ZIM also extends credit facility of approximately $100mn