Shanghai: ZIM is set to upgrade its Asia-South America East Coast (ASE) service in mid-May, jointly with Cosco and Evergreen, deploying 8,500teu vessels.
Tel Aviv: Zim today announced an annual loss of $433m for 2012 as fourth quarter losses hit $239m. The loss includes a $133m one time charge related to the recent cancellation of ship orders.
Tel Aviv: ZIM has become the latest line to cancel newbuildings, with five contracts annulled and possibly more to come.
Tel Aviv : In response to the G6 alliance route restructuring, Zim has announced its intention to create a new joint service with the group.
Tel-Aviv: Zim Integrated Shipping Line has added a second eastbound New York call to its Atlantic service.