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Tag: ZIM

ZIM relaunches ZEX service to meet eCommerce market needs

Israeli box carrier ZIM announced the relaunch of ZIM eCommerce Xpress (ZEX), its eCommerce line connecting South China to the US West Coast. Originally introduced...

Israel-Hamas war: 10% of Ashdod Port staff recruited by Israeli army, first war-related surcharges announced

Israel's Ashdod Port, one of the largest ports of the country and a crucial asset for the national economy, is continuing to operate normally...

ZIM strengthens Latin America network with new services

Israeli box carrier ZIM has announced the launch of two new services, ZIM Albatross (ZAT) and ZIM Gulf Toucan (ZGT), aiming to enhance its...

Vessel upsizing pushes more Neo-Panamax units to mid-haul lanes

More and more Neo-Panamax container ships in the 13,000 to 16,550 TEU capacity range are being cascaded into North-South trades as more Megamax ships...

ZIM launches direct service between WCSA and Savannah

ZIM offers a new direct service between the port of Savannah and the West Coast of South America to support the growing perishables market. In...

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ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index...
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The Port of Long Beach has appointed Suzanne Plezia, P.E., as its new Managing Director of Engineering Services, succeeding Sean Gamette, P.E., who announced...

DP World and J.P. Morgan launch partnership

DP World Trade Finance has joined forces with J.P. Morgan to enhance access to working capital across emerging markets, addressing the persistent global trade...

Red Sea shipping traffic rebounds as Houthis limit targets

Red Sea maritime traffic has increased by 60% to approximately 36–37 vessels per day since August 2024, as Reuters reported. However, it still falls short...

CMA CGM applies new surcharge from Far East to West Africa

French ocean carrier CMA CGM has announced a peak season surcharge (PSS) for shipments from Northeast Asia, Southeast Asia, China and Hong Kong &...
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