Zim Integrated Shipping Services

Container Shipping Market: Weekly Analysis

The container shipping market exhibited a mix of resilience and volatility this week, with stocks reflecting the impact of global trade flows, fuel costs, and supply-demand imbalances. While some companies managed to post gains, others experienced notable declines due to shifting freight rates and macroeconomic pressures.

This report provides a detailed company-by-company analysis, shedding light on the forces driving each stock’s performance.

  • COSCO SHIPPING Holdings Co Ltd ADR (CICOY)

COSCO...

https://container-news.com/container-shipping-market-weekly-analysis/

En medio de las ganancias del revestimiento del contenedor del océano, el brillo de las ganancias de Zim

en-medio-de-las-ganancias-del-revestimiento-del-contenedor-del-oceano,-el-brillo-de-las-ganancias-de-zim

Los resultados de Zim Integrated Shipping Services Ltd. Vieron un cambio significativo a medida que las expansiones operativas estratégicas y el aumento de la penetración del mercado arrojaron ganancias sustanciales en 2024. El décimo operador más grande del mundo dijo que los ingresos de todo el...

https://fullavantenews.com/en-medio-de-las-ganancias-del-revestimiento-del-contenedor-del-oceano-el-brillo-de-las-ganancias-de-zim/?lang=es

Amid ocean container liner gains, Zim earnings shine

Zim Integrated Shipping Services Ltd. results saw a significant turnaround as strategic operational expansions and increased market penetration yielded substantial gains in 2024.

The world’s 10th-largest carrier said full-year revenues soared to $8.43 billion, up 63% year over year as net income of $2.15 billion improved a loss of $2.69 billion in 2023. Adjusted earnings before interest, taxes, depreciation and amortization reached $3.69 billion, up 252% y/y.

Fourth-quarter revenues climbed to...

https://www.freightwaves.com/news/amid-ocean-container-liner-gains-zim-earnings-shine

Container Market Weekly Performance: Trends, Gains, and Losses

Container market performance this week reflects the ongoing volatility in global trade, with shipping companies experiencing a mix of gains and losses. While some carriers managed to post positive returns, others struggled with sharp declines, impacted by fluctuating demand, geopolitical factors and external economic pressures. The latest data provides a comprehensive view of how major players navigated these challenges, highlighting key trends and shifts in the industry.


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https://container-news.com/container-market-weekly-performance/

Jaxport adding more global container services in 2025

A host of ocean container lines are adding the Port of Jacksonville, Florida, to their services in 2025.

The new calls come as Maersk and Mediterranean Shipping Co. (MSC) dissolve their 2M Alliance vessel-sharing agreement as of January.

Jaxport said in a release that three primary changes are taking place beginning in February 2025.

The Gemini Cooperation alliance between Maersk and Hapag-Lloyd will now call Jaxport as part of a new, direct service that also calls Cartagena, Colombia. Gemini will...

https://www.freightwaves.com/news/jaxport-adding-more-global-container-services-in-2025

Red Sea attacks turn green for Zim investor

Idan Ofer has seen enough.

Israel’s richest man is exiting Zim Integrated Shipping Services as attacks on vessels in the Red Sea by Houthi rebels disrupted global supply chains but sent carrier profits, including Zim’s, soaring.

Ofer’s Kenon Holdings is selling approximately 30 million shares with an aggregate market value of $719 million in two blocks through J.P. Morgan and Citigroup, according to a notice posted by Zim (NYSE: ZIM) on its website Friday.

ZIM’s shares have appreciated by 260% in...

https://www.freightwaves.com/news/red-sea-attacks-turn-green-for-zim-investor

Zim Q3 powered by spot market, new ships 

Zim Integrated Shipping Services saw record volumes in the third quarter that contributed to revenue of $2.77 billion, up from $1.3 billion a year ago, and net income of $1.3 billion, from a loss of $2.2 billion.

Adjusted pretax earnings came in at $1.53 billion for the quarter ended Sept. 30 from $214 million year over year, and adjusted operating profit totaled $1.24 billion, from $2.3 billion. Adjusted pretax and adjusted operating margins were 55% and 45%, respectively.

Volume grew 12% y/y to...

https://www.freightwaves.com/news/zim-q3-powered-by-spot-market-new-ships

ZIM expands global smart container rollout with Hoopo’s advanced tracking

ZIM announced that it is expediting the global rollout of smart containers, enhancing supply chain transparency and visibility with Hoopo’s advanced hoopoSense Solar trackers.

With rising demand for accurate, real-time supply chain visibility, ZIM’s smart container solution offers customers precise data, ensuring reliable tracking throughout the shipment process, including the inland journey. This enables full transparency and a more precise ETA, even as containers move beyond terminals or...

https://container-news.com/zim-expands-global-smart-container-rollout-with-hoopos-advanced-tracking/

Canada underprepared for marine emergencies, transportation officials say

The Transportation Safety Board of Canada (TSB) says the Zim Kingston accident in 2021 raises questions about the adequacy of Canadian resources in emergencies that could pose risks to marine vessels, the environment and the general public.

TSB issued that warning during a news conference Wednesday releasing its investigation into the accident. In October 2021, the Zim Kingston lost 109 containers overboard off the west coast of Vancouver Island and subsequently caught fire near Victoria,...

https://www.freightwaves.com/news/canada-underprepared-for-marine-emergencies-transportation-officials-say

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