ZIM has announced that it will be cooperating with the G6 alliance on its Asia to North American West Coast services from the middle of this month.

ZIM has recorded a net loss of $530m in 2013 compared to a loss of $428m the previous year, thanks to a one-off series of payment cancellations for newbuilds amounting to $161m. 

Zim lost substantially less through impairments for cancelling boxship newbuildings ordered at the top of the market than it would have taking delivery of the ships according Alphaliner.

Samsung Heavy Industries (SHI) has terminated contracts for three very large container ships ordered by Israeli line ZIM.

ZIM has announced a $44m loss for the third quarter 2013, compared to a $16m profit in Q3 2012.

ZIM has announced an upgrade of its service Asia and Europe, AEX1, adding additional Asian ports Dalian, Qingdao, Port Klang, and an extra call at Shanghai.

Israeli box carrier Zim has announced a net loss of $112m in the first quarter, down from a $163m loss in the same period of 2012.

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.