Zim Integrated Shipping Services

Zim Integrated Shipping services is Israel’s largest shipping company. Established in 1945, Zim operates a fleet of more than 80 vessels with a total carrying capacity of more than 332,000 TEUs (20-foot-equivalent units) as of December 2013, making it the world’s 18th largest shipping company.

The Haifa-based company is a subsidiary of Israel Corp. Its U.S. headquarters is in Norfolk, Virginia.

08 Jul 2014
Israel Corp., the parent of Zim Integrated Shipping Services, has backed a court ruling that modifies the scope of the state’s “golden share” in the ocean carrier.
19 Feb 2014
A depressing air of déjà vu enveloped the Hamburg shipping community when Greek container ship owner Danaos announced that it is taking a $19 million hit on the debt restructuring of Zim as it cuts the charter rates of six ships on hire to the Israeli ocean carrier.
Zim Dalian
13 Feb 2014
Zim has canceled its remaining orders for four 12,552-TEU ships from Samsung Heavy Industries and four 8,800-TEU ships from Hyundai Samho...
11 Feb 2014
Danaos, the Greek container ship owner, remained in the red in the fourth quarter of 2013, but swung to a profit for the full year from a loss in 2012.
10 Feb 2014
New estimates on postponement of ship deliveries and scrapping are already tamping down estimates on capacity tonnage growth this year.
Cargo containers on a ship
04 Feb 2014
Based on SeaIntel’s monthly Global Liner Performance reports from 2013, container ships reached their destination ports around the world on time 79.5 percent of the time in 2013...
Container ship
31 Jan 2014
Container ships arrived at their destination ports across the globe on time 73.7 percent of the time in December 2013...
29 Jan 2014
Member carriers in the Transpacific Stabilization Agreement plan to increase Asia-U.S. rates by $300 per FEU, effective March 15...
23 Jan 2014
Israeli ocean carrier Zim today announced it has reached a $3 billion debt restructuring deal with a majority of its creditors, paving the way for new partnerships with rival lines, an initial public offering and orders for mega container vessels.
Zim Virginia
17 Jan 2014
Israel Corp. is set to lose control over Zim Integrated Shipping Services after creditors agreed to restructure the financially troubled Israeli ocean carrier’s debt.
Zim Haifa 2 container ship
02 Dec 2013
Zim Integrated Shipping Services returned to the black in the third quarter of 2013, as it closed on a debt restructuring deal with its creditors.
Container stack
21 Nov 2013
Container shipping lines operating from Asia to the U.S. intend to restore baseline freight rates for late holiday season shipments in December and the pre-Lunar New Year period in January.

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