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Updated: 10 hours 32 min ago

Three millionth ZIM container in DaChan Bay Terminals

Mon, 09/18/2017 - 10:43

ZIM recently marked the 3 millionth container carried by ZIM through DaChan Bay Terminals.

Nissim Yochai, VP Trans Pacific :”ZIM takes pride in achieving this milestone, a testimony to our fruitful cooperation with DaChan Bay Terminals, ZIM's main hub port in South China”.

DaChan Bay Terminals serves all of ZIM's trades and functions as the central hub in the region of south China and Pearl River Delta.
 
ZIM’s lines calling DaChan Bay:

Z7S: 
DaChan Bay - Yantian - Cai Mep - Port Klang - Colombo - New York - Norfolk - Savannah – Port Kelang - DaChan Bay
 
ZMP: 
Port Kelang – Cai Mep - DaChan Bay – Yantian – Xiamen – Ningbo – Shanghai – Pusan - Vancouver –Pusan – Qingdao - Shanghai - Ningbo - DaChan Bay – Port Kelang - Ashdod - Haifa –Istanbul – Novorossiysk - Odessa- Istanbul - Haifa - Port Kelang

According to the last SeaIntel on-time reliability report, ZIM is the best performing carrier in the Asia-Mediterranean trade in the 2nd quarter of 2017.

 



Hurricane Irma - Miami Office

Thu, 09/07/2017 - 16:45

Dear All,

Due to Hurricane Irma, our Miami office will be closing today at 12:00 EST and will remain closed on Friday, September 8.

Office operations for Monday, September 11 is still to be determined.

Best Regards,

ZIM Team

Hurricane Irma - Miami Office

Thu, 09/07/2017 - 16:45

Dear All,

Due to Hurricane Irma, our Miami office will be closing today at 12:00 EST and will remain closed on Friday, September 8.

Office operations for Monday, September 11 is still to be determined.

Best Regards,

ZIM Team

ZIM Houston office will reopen on Tuesday September 5th

Wed, 08/30/2017 - 21:43

Dear Valued Customer,

 

Our Houston office will be closed for the remainder of the week and reopen on Tuesday, Sept 5 after the Labor day holiday.

 

Our Atlanta & Savannah sales & customer service teams are assisting their fellow employees. In this regard, from a business perspective we are continuing to support our customers to the best of our ability, taking into consideration Hurricane Harvey’s ramifications.

 

We will continue to update you on this situation.

 

We wish our co-workers, friends and all in Texas to have perseverance and good luck until the weather improves and they can resume their daily routines.

 

Regards,

George Goldman
President, ZIM USA

Q2 2017 Results

Wed, 08/30/2017 - 12:05
​Haifa, 30 August 2017   ZIM posted adjusted net profit of $12.5 million in Q2 2017,
compared to adjusted net loss of $64.0 million in Q2 2016
  Adjusted EBIT was $43.7 million in Q2 2017,
compared to negative $40.5 million in Q2 2016
  Adjusted EBITDA of $70.1 million in Q2 2017,
compared to negative EBITDA of $15.9 million in Q2 2016
  Operating cash flow was $88.9 million,
compared to $17.6 million in Q2 2016
  Total revenues were $745.7 million in Q2 2017,
compared to $611.9 million in Q2 2016, a 21.9% increase
  ZIM recorded an increase of 6.7% in containers carried compared
to Q2 2016 and a consistent improvement of adjusted EBIT margins

  ​
The shipping liner industry went through major developments and structural changes which include reshaping of the alliances and M&A activities that took place over the last quarters. Since Q3 2016 we have been witnessing a positive trend in the industry with improved freight rates in most trades, however, market conditions on the whole, remained challenging and volatile.   In the face of this tough business environment, ZIM continues to outperform the industry and achieve improved results. ZIM’s Q2 results reflect the constant improvement in the company’s performance, as a result of the comprehensive transformation the company has implemented in recent periods.   ZIM reported an adjusted EBITDA of $70.1 million in Q2 2017 compared to negative $15.9 million in Q2 2016, with an adjusted EBITDA margin of 9.4%. The carried quantities increased by 6.7% to 659 thousand TEUs in Q2 2017, compared to 617 thousand TEUs in the same period of 2016.

Eli Glickman, ZIM President & CEO,​ said: “ZIM’s positive results in Q2 demonstrate an ongoing, steady improvement in the company’s performance. We focus on achieving profitability through efficiency, innovation, and above all reliable and agile services to our customers. Our customer-centered approach is at the root of our strategy, and as an independent global niche carrier we can provide unique and flexible services to our customers. I’m confident that this approach will enable ZIM to prevail and achieve additional improvements in the coming years.
I would like to take this opportunity to thank my predecessor Rafi Danieli, for his invaluable contribution to ZIM over many years.”

  Financial and Operating Highlights for the Three Months Ended June 30, 2017  
  • Adjusted net profit was $12.5 million, compared to adjusted net loss of $64.0 million in Q2 2016
  • Net profit was $2.3 million, compared to net loss of $74.1 million in Q2 2016
  • Total revenues were $745.7 million, compared to $611.9 million in Q2 2016, a 21.9% increase
  • Operating cash flow was $88.9 million, compared to $17.6 million in Q2 2016
  • Adjusted EBITDA was $70.1 million compared to negative $15.9 million in Q2 2016
  • EBITDA was $62.8 million compared to negative $22.1 million in Q2 2016
  • Adjusted EBIT was $43.7 million, compared to negative $40.5 million in Q2 2016
  • EBIT was $36.4 million, compared to negative $47.8 million in Q2 2016
  • ZIM carried 659 thousand TEUs, compared to 617 thousand TEUs in Q2 2016, a 6.7% increase
  • The average freight rate per TEU was $1,007, compared to $866 in Q2 2016, a 16.3 % increase

  Financial and Operating Highlights for the Six Months Ended June 30, 2017  
  • Adjusted net profit was $15.1 million, compared to adjusted net loss of $110.8 million in H1 2016
  • Net loss was $4.1 million, compared to net loss of $130.4 million in H1 2016
  • Total revenues were $1,400.7 million, compared to $1,241.9 million in H1 2016, a 12.8% increase
  • Operating cash flow was $122.7 million, compared to $3.0 million in H1 2016
  • Adjusted EBITDA was $127.5 million compared to negative $7.7 million in H1 2016
  • EBITDA was $114.1 million, compared to negative $20.6 million in H1 2016
  • Adjusted EBIT was $74.4 million compared to negative $56.9 million in H1 2016
  • EBIT was $61.0 million, compared negative to $70.9 million in H1 2016
  • ZIM carried 1,257 thousand TEUs, compared to 1,194 thousand TEUs in H1 2016, a 5.2% increase
  • The average freight rate per TEU was $981, compared to $903 in H1 2016, a 8.6 % increase
    About ZIM: Since 1945, ZIM provides creative operational and logistical solutions to customers. Over the years ZIM has grown to become a leading force in the shipping industry, by pioneering innovative technologies and expanding its vast geographical network while maintaining its tradition of excellence.​​

Huricane Harvey

Tue, 08/29/2017 - 09:07

Dear Valued Customer,

 

Hurricane Harvey continues to affect all our business activities, with many roadways covered with water and yet more rain to come.

 

Tuesday, August 29th, our Houston offices will be closed. 
We will keep updating you on a daily basis.

 

We send positive thoughts and prayers to the people of Texas facing Hurricane Harvey

 

Regards
George Goldman
President, ZIM USA

Huricane Harvey

Tue, 08/29/2017 - 09:07

Dear Valued Customer,

 

Hurricane Harvey continues to affect all our business activities, with many roadways covered with water and yet more rain to come.

 

Tuesday, August 29th, our Houston offices will be closed. 
We will keep updating you on a daily basis.

 

We send positive thoughts and prayers to the people of Texas facing Hurricane Harvey

 

Regards
George Goldman
President, ZIM USA

Low Water Surcharge in Europe

Thu, 08/17/2017 - 10:29
We would like to inform our customers that due to the prolonged drought in Europe, water levels on the Rhine River are lowering, restricting the amounts of cargo loaded to barges. As a result, barge owners have announced the application of a Low Water surcharge, which is the common practice in this trade.

The surcharge will apply to all barge and barge-road shipments between the ports of Antwerp and Rotterdam and destinations in Germany, France and Switzerland via the Rhine River. 

The surcharge will be in force starting August 20th, until further notice*. shippers or Receivers will be debited according to the daily tariff, published by the barge operators according to the day of loading on board the barge.

Our Customer Service teams are at your disposal for any inquiry.



[[*not less than 30 days]

ZIM’s Asia-America lines top schedule reliability ranking

Mon, 08/14/2017 - 10:50
Three ZIM lines on the Asia-America trade recorded a 100% on-time reliability score according to the SeaIntel July 2017 report. ZIM Med-Pacific (ZMP), ZIM Pacific North (ZPN) and ZIM Seven Star Express (Z7S), the premium Asia-US Service - all reached a perfect 100% score in the recent report. 

Nissim Yochai. ZIM VP TransPacific trade, said: “Our new lines network and our strategy based on mostly independently-operated services is proving itself beneficial, first and foremost for our customers.”

​ZIM is the best performing carrier in the Asia-Mediterranean trade in Q2

Thu, 08/03/2017 - 10:17
According to the last SeaIntel on-time reliability report, ZIM is the best performing carrier in the Asia-Mediterranean trade in the 2nd quarter of 2017, with a score of 97.2%. ZIM was also the most reliable carrier on the Europe – Asia Eastbound leg in June with an on-time performance of 84.8%.

ZIM’s new network, introduced in April 2017, includes the ZMP service, offering fast and efficient link between Asia and the East Med/Black sea ports with excellent connection to regional lines, and the India Med Express service (IMX).

Rani Ben Yehuda, ZIM VP Cross Suez and Atlantic Trades, said: “Our new strategy as an independent carrier focused on customer service is proved beneficial for customers. We will continue to invest efforts in better schedule reliability and improved service levels.”

Congestion Surcharge for Barge & Feeder Services in Rotterdam & Antwerp

Thu, 07/20/2017 - 15:54

​We would like to inform you that in view of severe congestions in Rotterdam and Antwerp, a congestion charge of EUR 25 per Container will be implemented with immediate effect.


The surcharge is applied in order to maintain a steady and reliable service for our loyal customers with our Barge operators via Rotterdam or Antwerp.


The surcharge will be applied to all cargo served via Rotterdam or Antwerp, Effective immediately. We will keep you informed regarding the duration of this surcharge.

 

For the rest of the rate elements please see our Tariff Calculator


Jean Pierre A 20 W Is Bypassing Ashdod

Tue, 07/04/2017 - 14:18
aa​Dear Valued Customer,

We wish to inform you that Vessel JEAN-PIERRE A 20 W in Trade TGX will be
omitting Port ASHDOD due to Operational Reasons.


All import cargo shall be transferred to the destination port on ZIM’s account.

We sincerely apologize for the inconvenience this incident may cause and assure
you we are doing the best to find an appropriate solution for your cargo.

​Eli Glickman takes office as President and CEO of ZIM

Mon, 07/03/2017 - 08:15

 Rafi Danieli handed over to his successor as of July 1, 2017

ZIM Integrated Shipping Services Ltd, one of the top global container carriers, has announced that Eli Glickman (56) took office as the new President and Chief Executive Officer of ZIM as of July 1, 2017.

Glickman is taking over from Rafi Danieli, who has been President & CEO of ZIM since 2009.

"I’m pleased and honored to take office as ZIM’s CEO. ZIM is a dynamic company with a proud heritage. I‘m confident in our ability to deliver exceptional service to our customers, while striving for profitability and growth,” Glickman said. He added: “I want to thank Rafi Danieli, who has steered ZIM through rough seas. As CEO, my primary goal is to continue this positive momentum and lead ZIM to greater heights.”

Prior to joining ZIM, Glickman served as CEO of the Israel Electric Corporation in the years 2011- 2015. Before that, he was Deputy CEO of Partner - Orange Cellular Communication and previously managed Partner Orange's Customer Division. During 2003-2005 Glickman was CEO of logistics company Exel MPL.

Maher Terminals welcomes 10,000 TEUs ZIM ANTWERP

Tue, 06/27/2017 - 11:57

​10,000 TEUs ZIM ANTWERP passed under the elevated Bayonne Bridge in New York, the first of such size to call Maher terminals. Upon arrival, an official ceremony took place on board the ZIM ANTWERP with the participation of Port Authority of NY & NJ, Maher terminals and ZIM USA representatives headed by President George Goldman, to mark the historic passage. ZIM Antwerp’s captain received a plaque commemorating the event.


ZIM ANTWERP arrived in New York after calling ports in China, crossing the new Panama Canal and calling the US ports of Savannah, Charleston and Norfolk. It will head next to Halifax before returning to Asia. The ZIM ANTWERP sails the ZIM Container Service Pacific (ZCP), one of ZIM's flagship lines, recently upgraded as part of the company's renewed network. It is part of ZIM’s global strategy to operate as an independent company, focusing on trade routes where it has competitive advantages.


George Goldman, President of ZIM USA: "ZIM is a significant player in this trade and one of the leading carriers serving the Asia-East Coast trade, which is expected to continue to grow following the expansion of the Panama Canal. The trade is also served by another major ZIM service, the ZIM Seven Star Express (Z7S) along with additional complementary lines."


Maher terminals President & CEO, Mr. Gary Cross, said: “ZIM Integrated Shipping Services has been a loyal container customer of Maher Terminals dating back to the opening of our first terminal in the early seventies.  Now, nearly fifty years later, we are privileged to share in this momentous occasion of the 10062 teu ZIM Antwerp calling in the Port of NY/NJ at our facility under the newly raised roadway of the Bayonne Bridge.  This event adds to the list of important milestones we share together in our long relationship.  We applaud ZIM for their continued success and look forward to handling many more of their mega-vessels at Maher Terminals for many more years to come.”


ZIM Monaco 54w Is Bypassing Ashdod

Sun, 06/25/2017 - 14:26
aa​Dear Valued Customer,

We wish to inform you that Vessel ZIM MONACO 54 W in Trade ZCA will be
omitting Port ASHDOD due to Operational Reasons.

All import cargo shall be transferred to the destination port on ZIM’s account.

We sincerely apologize for the inconvenience this incident may cause and assure
you we are doing the best to find an appropriate solution for your cargo.

ZIM Monaco 54w Is Bypassing Ashdod

Sun, 06/25/2017 - 14:26
aa​Dear Valued Customer,

We wish to inform you that Vessel ZIM MONACO 54 W in Trade ZCA will be
omitting Port ASHDOD due to Operational Reasons.

All import cargo shall be transferred to the destination port on ZIM’s account.

We sincerely apologize for the inconvenience this incident may cause and assure
you we are doing the best to find an appropriate solution for your cargo.

ZIM deploys an 11,000 TEU vessel in the Asia-ECSA Trade

Fri, 06/23/2017 - 18:05

In order to respond to the growing market needs, Zim has deployed the 11,000TEU CAPE SOUNIO on its Asia South America East Coast (ASE). The vessel embarked on its maiden voyage on from Pusan, South Korea, on May 4th, on its regular route calling ports in Brazil, Uruguay and Argentina, connecting to major Asian ports.
 
Built in HHI shipyard at the Philippines and delivered on April, 2017, CAPE SOUNIO is the largest vessel to serve in this line and the largest currently employed by ZIM. CAPE SOUNIO is 330 Meters long with a width of 48 meters, and a nominal containers capacity of 11,037 TEUs, and has 1453 Reefer plugs on board.

ZIM will hold a reception on board the vessel in Santos, Brazil, on June 28th, to mark the occasion of the largest vessel on this trade.  
 
ZIM’s Asia East Coast South America’s successful service caters for the growing trade between South Korea, China and South East Asia, via Singapore and the hub in Port Kelang, to major South America East Coast ports. ASE offers a weekly, fixed-day service with excellent transit times, high schedule integrity and dedicated customer service




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