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40Seas gets $111 million funding from ZIM, Team8
10 Jan 2023 7:17 PM ISTFunding comes as fintech startup emerges from stealth mode; ZIM also extends credit facility of approximately $100mn
ZIM Q3 net income drops 20% on lower volume
16 Nov 2022 6:19 PM ISTAverage freight rate was up 3% to $3,353/TEU, carried volume declined to 842,000 TEUs, down 5%
ZIM announces $1bn LNG bunkering deal with Shell
31 Aug 2022 6:40 PM ISTZIM to operate LNG-fuelled vessels in Asia-USEC trade; agreement secures competitive terms and efficient LNG supply.
Reliability continues to improve; Maersk still most reliable carrier
30 Aug 2022 7:15 PM ISTAverage delay for late vessel arrivals have been dropping sharply so far this year.
ZIM Q2 net profit up 50% at $1.3bn on higher freight rates
17 Aug 2022 5:03 PM ISTReaffirms 2022 full year guidance, expects to generate record adjusted EBITDA of $7.8-$8.2 billion.
ZIM invests $5.5mn in tracking solutions provider Hoopo
12 Aug 2022 2:00 PM ISTFunds to be used for developing Hoopo's technology for maritime industry, specifically dry containers.
ZIM announces additional investment of $5mn in Sodyo
2 Aug 2022 12:09 PM ISTSodyo's scanning technology creates highly functional offline to online (O2O) solutions to understand workflows.
ZIM to invest $6 million in Data Science Consulting Group
21 Jun 2022 6:07 PM ISTDSG to use funds to bolster development of e-volve, its holistic AI governance and decisioning management system.
ZIM to earn $8bn in 2022, reports record Q1 earnings
18 May 2022 5:07 PM ISTAverage freight rate per TEU in the first quarter was $3,848, a year-over-year increase of 100%.
ZIM steps up capacity building, charters 6 more vessels
30 March 2022 5:57 PM ISTDeal is for period of 7 years for a total consideration of approximately $600 million.
Big carriers get significant tonnage tax advantage
15 March 2022 8:41 PM ISTHapag-Lloyd had a tax benefit of $10.7/TEU, translating to an advantage of $127 million.
ZIM announces record 2021 numbers, bullish on 2022
9 March 2022 8:01 PM ISTAverage freight rate per TEU more than doubled to $2,786 for 2021 as against $1,229 for 2020.