Wednesday, August 27, 2025
Tags ZIM

Tag: ZIM

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...

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

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...

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

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...

Shift in box lines’ strategy to owned tonnage

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...

ZIM renews strategic partnership with ArrowSpot Systems

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...

ZIM overtakes Yang Ming in global liner rankings

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...

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

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...

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

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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Sea Intelligence: Transpacific blank sailings lag behind historical levels

Sea-Intelligence reports that the number of blank sailings announced so far for the upcoming 2025 Chinese Golden Week holiday remains significantly below historical benchmarks,...

USTR disruption could see rates head in either direction

Implementation of port fees proposed by the US Trade Representative on Chinese built, owned and operated ships is due in mid-October, carriers and analysts...

Vladmorrybport targets 700,000 TEU annual capacity by 2027

Vladmorrybport plans to increase its annual container handling capacity to 700,000 TEU by 2027, representing nearly 40% growth. Deputy General Director for Commercial Work...

Major warehouse fire in Hamburg Port injures six

A massive warehouse fire in Hamburg’s port has left six people injured, including three firefighters, after hundreds of nitrous oxide cylinders exploded inside the...
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