Zim Integrated Shipping Services

Zim Integrated Shipping Services

Zim Integrated Shipping services is Israel’s largest shipping company. Established in 1945, Zim operates a fleet of 89 vessels with a total carrying capacity of 363,474 TEUs (20-foot-equivalent units), 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. The shipping company posted revenues of US$3.7 billion in 2013-- down 7 percent on a year on year basis. The company recorded a net loss of $535 million, up 23.5 percent from the previous year’s net loss of $433 million.

Zim was the 17th-ranked container carrier in U.S containerized import trade in 2013, with volume of 313,180 TEUs, down 5.1 percent year-over-year, giving it market share of 1.7 percent. It was No. 19  in U.S. containerized export trade in 2013, with volume of 246,790 TEUs, down 6.4 percent year-over-year and market share of 1.9 percent. For more carrier rankings see the JOC’s Top 40 Container Carriers special topic.

31 Aug 2014
Zim Integrated Shipping Services entered the final stages of a debt restructuring programme after posting a mixed set of first-quarter results where the carrier managed to reduce the size of its loss despite falling revenue.
Port cranes in Mobile, Ala.
18 Oct 2013
Jimmy Lyons is on a hunt for a lot more empty import containers to load with all the export cargo funneling through the Port of Mobile.
Shipping containers in port with crane
16 Oct 2013
Container shipping lines in the Transpacific Stabilization Agreement Westbound section are attempting to set...
Port of Savannah's new barge crane offloading a 92-foot-long yacht from the Zim Ontario.
14 Oct 2013
Zim’s special cargo team has handled a shipment of a 100-ton, 92-foot-long yacht, shipped on board the Zim Ontario from Asia to Port of Savannah.
04 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in October and November.
A full Freightliner train departing London Gateway.
04 Oct 2013
Freightliner has run its first service out of London Gateway to collect import containers destined for the Midlands in England.
26 Sep 2013
OOCL has entered into a vessel-sharing agreement with Zim Integrated Shipping Services on the Israeli carrier’s independent East Mediterranean Express (EMX) Service, effective this month.