ZIM

Major container lines report over US$27 billion in 2024 earnings

The major shipping lines that have reported and published their financial figures for 2024 have recorded combined full-year earnings before interest and taxes (EBIT) of US$27.3 billion.

In comparison, the same group of shipping lines generated nearly US$200 billion in combined EBIT across 2021 and 2022.

However, despite the decline from peak pandemic-era profits, the 2024 profitability level remains significantly higher than in pre-Covid years. The EBIT recorded in 2024 exceeds the combined EBIT...

https://container-news.com/major-container-lines-report-over-us27-billion-in-2024-earnings/

HMM, Wan Hai and ZIM among stellar performers of 2024

HMM, Wan Hai Lines and ZIM Line were the best-performing liner operators in 2024, which was the third best year for the industry, with a collective operating profit of US$32.6 billion, according to Alphaliner.

This content is locked

Select a CN Premium Subscription Package To Unlock The Content!

Remember Me
Don't have an account? Register

jQuery(document).ready(function(){ jQuery(‘#dd_e171d53381e09b9603f736d17d7ca91c’).on(‘change’, function() {...

https://container-news.com/hmm-wan-hai-and-zim-among-stellar-performers-of-2024/

ZIM bounces back to profit after 2023 losses

Israel-based container carrier ZIM reported total revenues of US$8.43 billion for the full year of 2024, compared to US$5.16 billion for the full year of 2023, driven primarily by an increase in freight rates and box volumes.

ZIM carried 3.75 million TEUs in 2024, compared to 3.28 million TEUs in the previous year. At the same time, the average freight rate per TEU was US$1,888, compared to US$1,203 in 2023.

The company’s operating income (EBIT) reached US$2.53 billion, while net income climbed...

https://container-news.com/zim-bounces-back-to-profit-after-2023-losses/

Descubriendo el Innovador Sistema de Seguimiento de ZIM: Una Nueva Era en la Logística

La naviera de origen israelí ZIM anunció que instalará dispositivos de rastreo de última generación en su flota de contenedores para carga seca. Esta tecnología de Hoopo Systems buscan brindar información integral de seguimiento. Además, incluye alertas de geovalla y notificaciones de apertura y cierre de puertas, aportando una mayor confiabilidad y durabilidad, así como […]

Esta entrada Descubriendo el Innovador Sistema de Seguimiento de ZIM: Una Nueva Era en la Logística Aparece primero en Full...

https://fullavantenews.com/como-funciona-el-nuevo-sistema-de-rastreo-de-zim/?lang=es

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics, freight rate movements, and broader economic conditions.

While some ocean carriers capitalized on strong demand in specific trade lanes, others faced moderate corrections due to shifting supply chain trends. With geopolitical factors, fuel costs, and cargo volumes playing a crucial role, the sector remains an area of keen investor focus....

https://container-news.com/shipping-stocks-overview-weekly-market-highlights/

CMA CGM poised to overtake Maersk as second-largest liner operator

French shipping company CMA CGM is set to become the second-largest ocean carrier in the world. The Marseille-based shipping line is poised to surpass Maersk, as CMA CGM’s total TEU capacity, including its existing fleet and orderbook, now exceeds that of its Danish rival.

According to Alphaliner, the gap between the two companies is currently around 660,000 TEUs. However, Rodolphe Saadé’s aggressive vessel acquisition strategy in 2024 has boosted CMA CGM’s orderbook to 1.54 million TEUs, which...

https://container-news.com/cma-cgm-poised-to-overtake-maersk-as-second-largest-liner-operator/

Monthly Stock Performance Highlights

Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand, and investor sentiment. Market volatility continues to influence stock performance, with some companies benefiting from rising freight rates, while others face external challenges like supply chain disruptions and economic uncertainties.

Strong performers have taken advantage of favorable market conditions, while others have...

https://container-news.com/monthly-stock-performance-highlights-container-shipping/

Shipping Stock Market: Weekly Update

The container shipping sector continues to navigate a dynamic landscape shaped by shifting freight rates, global economic conditions, and supply chain developments. Investor sentiment remains mixed as companies balance operational efficiency with market volatility. While some firms benefit from stable long-term charters, others face pressure from fluctuating spot rates and macroeconomic uncertainties. The ongoing adjustments in capacity management, fuel costs, and geopolitical factors further...

https://container-news.com/shipping-stock-market-weekly-update/

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions, geopolitical conflicts, and disruptions in global trade distribution have significantly affected the industry.

Below are the weekly stock highlights of the container shipping sector:

SITC International Holdings Co Ltd (1308)

SITC International Holdings exhibited mild fluctuations, starting at HKD 18.52 and peaking mid-week at HKD...

https://container-news.com/weekly-update-container-shipping-stock-highlights/

+ More