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ZIM’s mean ship size moves up with more larger vessels deployed

Container News Team - 0
ZIM Line has caught up with its larger peers in terms of average ship size, according to Alphaliner’s report today (28 August). The Israeli carrier has...
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ZIM posts improved financial results amid increased volumes

Ioanna Kontos - 0
ZIM Integrated Shipping Services has released its consolidated financial results for the three and six months ending 30 June 2024. In the second quarter of...
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ZIM opens its new USA headquarters

Antonis Karamalegkos - 0
Israel-based shipping company ZIM announced the grand opening of its new United States headquarters in Virginia Beach. ZIM said the event, celebrated with employees, colleagues,...
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Shifts in Container Rankings: ZIM surpasses Yang Ming, CMA CGM set to overtake Maersk

Container News Team - 0
MSC and ZIM Line are the fastest-growing mainline operators, according to the latest Alphaliner’s report. MSC’s fleet has now crossed the 6 million TEU mark,...
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Pause in Transpacific rate surge

Container News Team - 0
Transpacific freight rates have corrected after rising for more than three months, as capacity additions have begun making an impact. When the Shanghai Containerised Freight...
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ZIM updates Asia-US service network

Ioanna Kontos - 0
ZIM announced the launch of a new premium service, ZIM Central China Xpress (ZX2), connecting Central China to the US West Coast. The ZX2 service...
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ZIM container denied entry in Malaysia

Container News Team - 0
A truck carrying a ZIM container was ordered to turn back by Malaysian customs, showing that the Southeast Asian country is taking a hardened...
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Box lines’ first-quarter margins the best since 2010, bar Covid-boom

Container News Team - 0
Liner operators' operating margins for 1Q 2024 have reached the highest since 2010, excluding the period during the Covid-induced boom, according to Alphaliner’s report. Average...
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ZIM reports Q1 revenues of over US$1.5 billion, marking a recovery quarter

Ioanna Kontos - 0
ZIM Integrated Shipping Services, a global container liner shipping company, has released its consolidated results for the three months ending on 31 March 2024. Total...
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News

Shift in box lines’ strategy to owned tonnage

Container News Team - 0
Liner operators have been increasing the proportion of owned to chartered ships in their fleet as the Covid-19 pandemic made them cash-rich amid rising...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Rates & Surcharges Antonis Karamalegkos - 0
Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...
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Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Services Container News Team - 0
Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

CN Premium Articles Container News Team - 0
As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...
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MSC and ZIM downsize joint Far East-US East Coast service network

Services Antonis Karamalegkos - 0
In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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