Zim Integrated Shipping Services

Zim Integrated Shipping Services

ZIM Integrated Shipping Service

 

One of the largest container lines in the Middle East, Haifa-based Zim Lines is Israel’s largest carrier in both US import trade lanes and US export trade lanes.

Zim provides services on several global trade lanes, including East Asia-West Africa; East Asia-South Africa; Mediterranean-Gulf of Mexico; Mediterranean-West Coast; Mediterranean-East Coast; China-Singapore-Israel; and Mediterranean-South American East Coast (Brazil, Argentina).

18 May 2022
Executives say Zim will use its record quarterly profits to pay shareholder dividends, purchase new ships, and possibly to acquire a regional intra-Asia line, if the right opportunity arises.
28 Dec 2015
China’s Ministry of Transport has fined eight international container lines a total of $169,000 for failing to meet the freight rate guidelines set by the ministry.
23 Dec 2015
Zim Integrated Shipping Services is expanding its refrigerated container fleet by 1,900 forty-foot containers to meet growing demand for equipment that can provide shippers real-time updates of temperature and gas levels within the equipment.
26 Nov 2015
Zim Integrated Shipping Services’ financial recovery is gathering pace as the Israel-based ocean carrier posted its fourth consecutive quarterly operating profit in challenging market conditions.
02 Nov 2015
Zim Integrated Shipping Services and a European short-sea operator are reintroducing a seasonal refrigerated service aimed at agriculture shippers that connects the Mediterranean and the Middle East.
08 Oct 2015
Zim Integrated Shipping Services refused to comment on reports it is planning an initial public offering in the U.S. next year.
01 Oct 2015
Zim Integrated Shipping Services announced it is upgrading its Asia-Mediterranean service network, comprising the East Med-Black Sea Express, or EMX, and the Asia-India Subcontinent East Med, or AME, by adding new port calls and upsizing tonnage deployment.
19 Aug 2015
Zim Integrated Shipping Service swung to a net profit of $23 million in the second quarter from a $50 million loss a year ago as a multi-billion dollar restructuring continued to improve the Israeli ocean’s carrier’s bottom line.
03 Jun 2015
Zim Integrated Shipping Services has restructured its participation in two U.S. Gulf-east coast of South America services it shares with other carriers.
20 May 2015
Zim Integrated Shipping Services returned to profit in the first quarter as a multi-billion dollar restructuring and sharply lower fuel prices accelerated its financial revival after seven straight years in the red.
11 May 2015
Zim has launched a new service between Asia and South America, soon to be followed by its debut on the Asia-U.S. East Coast route via Suez, as the financially revamped Israeli carrier seeks to expand its cargo base on core trades.
25 Apr 2015
The privatization of Kingston Container Terminal should help revive transshipment, but the new operator will face competitive challenges
Zim container ship in Savannah
24 Apr 2015
Zim Integrated Shipping Services announced the launch of a new service between Asia and the U.S. East Coast via the Suez Canal at the end of May.
Zim Integrated Shipping Services container ship in Ukraine port of Odessa
16 Apr 2015
Zim Integrated Shipping Services is finally emerging from seven straight years of mounting losses and a multibillion-dollar restructuring that saved it from bankruptcy, its CEO Rafi Danieli says.
31 Mar 2015
Israeli carrier Zim Integrated Shipping Services sharply narrowed its net loss to $127 million in 2014 from $343 million in 2013, with the turnaround accelerating in a strong final quarter.
26 Nov 2014
An Israel Corp. shareholder vote on the spinoff of Zim Integrated Shipping Services and several other businesses into a new company, Kenon Holdings Ltd., has been scheduled for a Dec. 31 vote.
21 Nov 2014
Five carriers today joined Mediterranean Shipping Co. in announcing congestion surcharges on cargo heading from Asia to U.S. West Coast ports.
20 Nov 2014
Zim Integrated Shipping Services’ net loss narrowed in the third quarter as the Israeli ocean carrier started to benefit from a $3.4 billion debt restructuring.
14 Oct 2014
Israel Corp. will shift its stake in Zim Integrated Shipping Services, along with several other companies, to a holdings company that will be listed on stock exchanges in New York and Tel Aviv, the company announced.
13 Oct 2014
Protesters were unsuccessful in delaying the arrival of the Zim Alabama at the Port of Tampa Bay over the weekend, though demonstrations against the Israeli-owned carrier are beginning to spread to more U.S. ports.
30 Sep 2014
A Zim Integrated Shipping Services ship forced to abandon its scheduled call at the Port of Oakland over the weekend is now docked at the Port of Long Beach and unloading.
28 Sep 2014
A Zim Integrated Shipping Services vessel that was the target of anti-Israel protesters left the Port of Oakland late Saturday without being worked when longshoremen refused to report to their jobs, citing health and safety concerns.
27 Sep 2014
About 40 anti-Israel protesters picketed the vessel Zim Shanghai Saturday morning at the Port of Oakland. The vessel was not worked during the day shift.
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.
23 Aug 2014
The Zim Chicago was being worked at the Port of Tacoma on Saturday morning despite the presence of protesters seeking to
22 Aug 2014
Protests will continue on the U.S. West Coast against Israel-based Zim Integrated Shipping Services, as new actions are scheduled in Seattle and Tacoma next week.
20 Aug 2014
The Port of Oakland was returning to normalcy Wednesday after four days of on-again, off-again demonstrations by anti-Israel protesters involving the Zim Piraeus container ship.
19 Aug 2014
The SSA Marine terminal at the Port of Oakland remained closed Tuesday because longshoremen refused to report to their jobs, even though the anti-Israel demonstrators who had blocked entrance to the facility on Sunday were long gone.
31 Jul 2014
A group of pro-Palestinian activists will not be gathering en masse at Port of Oakland’s Berth 57 on Aug. 2 to protest the arrival of ships belonging to the Israel-based carrier Zim Integrated Shipping Services, the group announced on its Facebook page.
29 Jul 2014
An activist group announced plans to block cargo moving off Israel-based Zim ships at Oakland on Aug. 2 to protest the conflict in Gaza.
17 Jul 2014
Zim Integrated Shipping Services said it finalized its debt restructuring deal after its parent Israel Corp. invested $200 million of new equity into the ocean carrier.
15 Jul 2014
Zim Integrated Shipping Services today said it has reached agreement with the Israeli government over the state’s “golden share,” paving the way for a $3.4 billion debt restructuring...
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.
03 Jul 2014
An Israeli court has modified key terms of the state’s veto-wielding “golden share” in Zim Integrated Shipping Services that threatened to block the carrier’s $3.4 billion restructuring.
01 Jul 2014
An Israeli court is due to rule on the state’s “golden share” in Zim after the ocean carrier failed to reach agreement with the Israeli government over the controversial issue.
Zim Virginia
30 Jun 2014
Israel Corp. shareholders approved a radical financial restructuring of Zim Integrated Shipping Services over the weekend.