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Tag: ZIM

Newbuild Vessels: Fleet Expansion or Renewal for Leading Container Lines?

While the boxship newbuilding orderbook is now close to 25% of the active fleet, several liner operators still have a good number of elderly...

ZIM and MSC announce new cooperation in Transpacific trade

ZIM and MSC have signed a new agreement for six Asia to US East Coast and US Gulf Coast services, scheduled to commence in...

Liner operators’ margins hit post-Covid peak

Alphaliner’s report today (4 September) stated that margins for the nine largest liner operators topped 20% in Q2 2024, the highest since the Covid-19...

ZIM’s mean ship size moves up with more larger vessels deployed

ZIM Line has caught up with its larger peers in terms of average ship size, according to Alphaliner’s report today (28 August). The Israeli carrier has...

ZIM posts improved financial results amid increased volumes

ZIM Integrated Shipping Services has released its consolidated financial results for the three and six months ending 30 June 2024. In the second quarter of...

ZIM opens its new USA headquarters

Israel-based shipping company ZIM announced the grand opening of its new United States headquarters in Virginia Beach. ZIM said the event, celebrated with employees, colleagues,...

Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk

MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark,...

Pause in Transpacific rate surge

Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight...

ZIM updates Asia-US service network

ZIM announced the launch of a new premium service, ZIM Central China Xpress (ZX2), connecting Central China to the US West Coast. The ZX2 service...

ZIM container denied entry in Malaysia

A truck carrying a ZIM container was ordered to turn back by Malaysian customs, showing that the Southeast Asian country is taking a hardened...
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China’s military posturing affects shipping realignments in Indian Ocean

As China continues its assertive military drills across key Indo-Pacific maritime routes, ripples of geopolitical tension intersect with dramatic shifts in maritime trade logistics. The...

MAN Energy Solutions rebrands as Everllence

MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company’s strategic evolution. The new global identity underscores its expanding role...

HHLA acquires majority stake in Ukrainian terminal

Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC...
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