Monday, June 23, 2025
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Tag: ZIM

Maersk and ZIM adjust Far East–ECSA service

Maersk and ZIM have announced revisions to their joint Far East–East Coast South America service. As part of the changes, the northbound call at Singapore...

ZIM updates Far East–Mediterranean service

ZIM has announced a revision to its Mediterranean Premium Service, which connects the Far East with the Mediterranean. The Israeli ocean carrier has removed the...

Container lines report soaring earnings

Ocean carriers have reported strong first-quarter results, despite geopolitical challenges and an uncertain market environment. Nearly all major container lines (that officially publish their financial...

Front-loading fails to halt sliding profit margins

The average operating margin for the leading container carriers fell to its lowest level in four quarters, despite American shippers front-loading to beat hefty...

ZIM delivers strong Q1 results, reaffirms full-year outlook

ZIM Integrated Shipping Services Ltd. announced a strong start to 2025, reporting impressive financial and operational results for the first quarter. The company posted revenues...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...

Shipping Stock Breakdown: April Performance Amid Global Trade Tensions

April 2025 unfolded as a month of high tension and shifting dynamics, as container lines faced simultaneous pressures from geopolitical instability and economic policy...

Samsung Electronics wins US$3.7 million in FMC complaint against ZIM

The US Federal Maritime Commission (FMC) on 22 April ruled in favour of Samsung Electronics Asia, which complained about ZIM Line’s unfair demurrage and...

ZIM and TS Lines withdraw Τranspacific routes

Israeli ocean carrier ZIM and Hong Kong-based regional carrier TS Lines have joined MSC and Premier Alliance in pulling Transpacific services, as container volumes...

ZIM secures long-term charter deals for ten LNG vessels

Israeli ocean carrier ZIM has announced new agreements for the long-term charter of ten 11,500 TEU liquefied natural gas (LNG) dual-fuel container vessels, with...
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Maersk suspends calls to Haifa amid rising regional tensions

Maersk has decided to temporarily suspend vessel calls to the Port of Haifa, Israel, as well as halt cargo acceptance for this destination. In light...

Strait of Hormuz tensions put global shipping and markets on edge

The weekend US airstrikes on three Iranian nuclear facilities have pushed the maritime community onto what one operator called maximum alert. ...

Latin America trade volumes increased in 1Q 2025

Latin America's containerized trade volumes increased by 5% in the first quarter of 2025 compared to the same period in 2024, according to provisional...

GXO appoints Patrick Kelleher as Chief Executive Officer

GXO Logistics has announced the appointment of Patrick Kelleher as its new Chief Executive Officer, effective August 19, 2025. Kelleher joins GXO with more than...
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