ZIM unveils significant Growth in Vessel Size
ZIM has made substantial strides in increasing its average vessel size, closing the gap with other top 10 carriers,…
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ZIM
ZIM Shares Surge 17% After Strong Q2 Earnings and Raised Profit Forecast
Shares of ZIM Integrated Shipping Services Ltd. (ZIM) saw a significant 17% increase on Monday, following earnings…
ZIM Expects No Losses in 2024 Amid War and Rising Profits
Israeli shipping company ZIM Integrated Shipping Services Ltd. has revised its earnings forecast for 2024 reporting…
ZIM Faces Losses in 2023, Eyes Profit in 2024
Israeli carrier ZIM disclosed a substantial net loss of USD 2.7 billion for the fiscal year 2023, primarily…
Shipping Stocks Decline Amid Safe Passage Rumors
Following safe passage rumors, shipping stocks decline, yet, one outliner in the market.
Malaysia Bans Israeli ZIM Ships from Ports
Malaysia Bans Israeli ZIM Ships from Ports taking a stand of solidarity for Palestine, according to sources.
Container Carriers Introduce Varied ETS Surcharges to Offset EU Emissions Trading…
As the EU Emissions Trading System (ETS) is set to take effect on January 1, container carriers are unveiling a…
Shipping lines Expand in Latin America and Africa Trade Routes
Global shipping trends shift and capacities realign following the impact of COVID-19 on global trade. Shipping…
ZIM Reports USD 2.3 Billion Net Deficit in Q3
Primarily attributed to an impairment loss, ZIM Reports USD 2.3 Billion Net Deficit in Q3 Amidst Challenging Market…
COSCO’s Rise and ZIM’s Fall: Container Carrier Margin Rankings in Q2…
According to sources COSCO's Rise and ZIM's Fall: Container Carrier Margin Rankings in Q2 2023, overall shipping…