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Tag: ZIM

ZIM’s Oceania-Asia service network: Restructuring or Withdrawal?

While Haifa-headquartered ZIM has announced a "restructuring of its Oceania-Asia service network", the Israeli ocean carrier seems to withdraw from the specific trade lane. Trying...

ZIM reports Q2 net loss of more than US$210 million

Ocean carriers continue to return to normal financial figures this year. This "normalisation", combined with the astronomical results of the previous year, shows some...

ICTSI Argentina welcomes ZIM’s Patagonia Express Service

TecPlata, International Container Terminal Services Inc. (ICTSI) cargo handling operations at the La Plata Port in Argentina, got the first call from ZIM's Patagonia...

ZIM forecasts full-year losss in updated outlook

Israeli ocean carrier ZIM Integrated Shipping Services updated its guidance for the full year of 2023 and now expects to generate adjusted earnings before...

ZIM and THE Alliance cut Transpacific capacity

ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index...

ZIM expands partnership with 40Seas

Israeli ocean carrier ZIM Integrated Shipping Services has announced the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas’ digital...

ZIM enhances LBX service with Greek port call

ZIM decided to add a weekly call at the port of Thessaloniki in Greece to the rotation of its Levant - Black Sea Express...

ZIM invests in Spinframe

Israeli ocean carrier ZIM, along with other investors, announced the initial closing of a US$8 million financing round in Spinframe. In particular, ZIM led this...

ZIM invests in refrigerated container fleet

ZIM has made an order of 1,000 Star Cool reefers with Sekstant door sensors and a similar volume for retrofitting to its existing Star...

Samsung Electronics hits SM Line with FMC complaint

The US branch of South Korean electronics giant Samsung Electronics has complained against compatriot liner operator SM Line to the US Federal Maritime Commission,...
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Yang Ming unveils enhanced 2025 Transpacific network

Yang Ming has announced its upgraded Transpacific service network for the next year, which will commence in February 2025. The Taiwanese ocean carrier said it...

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Real estate investments are a lucrative endeavor for businesses and entrepreneurs. However, securing the right financing is crucial to the success of any property...

Port of Gdansk reconstructs quays

Krzysztof Kaczmarek, the president of the Port of Gdansk, has inked two agreements with PORR S.A. to enhance Rudowe and Bytomskie Quays. The combined length...