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Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Container News Team - May 22, 2024 0

Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...

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ZIM reports Q1 revenues of over US$1.5 billion, marking a recovery quarter

Ioanna Kontos - May 22, 2024 0

ZIM Integrated Shipping Services, a global container liner shipping company, has released its consolidated results for the three months ending on 31 March 2024. Total...

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Shift in box lines’ strategy to owned tonnage

Container News Team - May 8, 2024 0

Liner operators have been increasing the proportion of owned to chartered ships in their fleet as the Covid-19 pandemic made them cash-rich amid rising...

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ZIM renews strategic partnership with ArrowSpot Systems

Container News Team - May 7, 2024 0

ZIM Shipping Lines has announced the extension of its contract with ArrowSpot Systems, a provider of end-to-end cargo monitoring solutions, for another five years. ArrowSpot's...

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ZIM overtakes Yang Ming in global liner rankings

Antonis Karamalegkos - April 9, 2024 0

Israeli ocean carrier ZIM received the 15,248 TEU container ship ZIM Mount Vinson on 3 April, the last unit in the series of 10...

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Major lines’ margins in negative territory for first time after five years

Container News Team - March 20, 2024 0

Mainline operators’ operating profit margins fell into negative territory for the first time since 2018, due to losses in 4Q 2023, according to Alphaliner’s...

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ZIM reports US$2.7 billion annual net loss amidst financial downturn

Antonis Karamalegkos - March 13, 2024 0

Israeli ocean carrier ZIM announced its results for the previous year, following the trend observed across major container lines, according to which the companies'...

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ZIM holds naming ceremonies for three new ships

Ioanna Kontos - February 23, 2024 0

Israeli container carrier ZIM announced the successful naming ceremonies of three new vessels that have joined its fleet. These ceremonies, held in South Korea and...

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Peak in scrubber-installed boxship fleet

Container News Team - February 14, 2024 0

The number of scrubber-fitted container ships is now at an all-time high of 36% of the global boxship fleet, due mainly to MSC's preference...

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Dockers stop ZIM boxship from berthing in Melbourne

Container News Team - January 24, 2024 0

A ship operated by ZIM Line has been held up by pro-Palestine unionists in Australia’s Melbourne port for five days now. The newly built 5,504...

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Tag: ZIM

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PIL christens new 8,200 TEU boxship

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PIL christens new 8,200 TEU boxship

Singapore authorities away grounded container barge

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