Indian Transport & Logistics

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ZIM Q3 net income drops 20% on lower volume

16 Nov 2022 12:49 PM GMT
Average 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 1:10 PM GMT
ZIM 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 1:45 PM GMT
Average 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 11:33 AM GMT
Reaffirms 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 8:30 AM GMT
Funds 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 6:39 AM GMT
Sodyo'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 12:37 PM GMT
DSG 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 11:37 AM GMT
Average 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 12:27 PM GMT
Deal is for period of 7 years for a total consideration of approximately $600 million.

Big carriers get significant tonnage tax advantage

15 March 2022 3:11 PM GMT
Hapag-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 2:31 PM GMT
Average freight rate per TEU more than doubled to $2,786 for 2021 as against $1,229 for 2020.
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