This would be the fourth attempt at an IPO from Zim since 2008, but the carrier will go to the market this time riding a wave of record profits for the company.
27 May 2020
It was a solid first quarter for Zim, as the carrier managed to improve its profitability despite the growing impact of the coronavirus through the reporting period.
22 Aug 2018
Zim Integrated Shipping Services’ report is another stark data point concerning container shipping’s more-subdued outlook at mid-2018. Volume and revenue are rising, but there is concern about the firmness of rates, as well an inability to pass along/recover rising costs.
23 Mar 2018
Water projects to supply drinking water, hydroelectric power, and sewage treatment are major sources of global shipments for engineering, procurement, and construction companies, and for forwarders and breakbulk carriers that deliver materials, including pipes, turbines, and modules for water treatment plants.
21 Jun 2017
The head of Maersk Line's intra-Asia specialist will quit at the end of July.
04 Oct 2016
Zim Integrated Shipping Services struggles amid “historically low freight rates."
10 May 2016
In issuing its guidance on how exporters need to meet the SOLAS container weight rule, Israeli stakeholders have said they will double-check the verified gross mass declarations of containers.
24 Mar 2016
Zim Integrated Shipping Services closed 2015 in the black, but sank to a loss in a fourth quarter marked by record-low freight rates.
05 Jan 2016
Israel is forecasting throughput growth of 40 percent at the Mediterranean container ports of Haifa and Ashdod over the coming five years.
05 Jan 2016
Zim Integrated Shipping Services has delayed an initial public offering on Wall Street planned for the first half of the year because of deteriorating market conditions and slowing world trade, according to an Israeli news website.
02 Dec 2015
Shanghai International Port Group is on the hunt for investment opportunities in Europe as it looks to China’s national development strategy to grow in what it says are some very challenging years ahead for global shipping.
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