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Updated: 6 hours 8 min ago

Emergency Land Transportation Surcharge

Wed, 04/11/2018 - 22:16

Dear ZIM Customer,

As you may know, our industry is facing significant challenges with respect to over-the-road/drayage services throughout the US; new regulations requiring truckers to equip their rigs with Electronic Logging Devices, severe weather in our largest markets, and the reduction of drivers in the market have resulted in marked delays in acceptance and completion of Delivery Orders and significant increases in Land Transportation costs.

In order to address these issues and assist us in providing the timely and efficient transportation services, as of May 1, ZIM will assess an Emergency Land Transportation Surcharge of $300.00 on each import container or equipment of any size or type for which we are engaged to provide door delivery (carrier haulage) services from any US port or rail ramp.

We have filed this surcharge with an expiration date of July 31, 2018, by which time we will have reviewed the situation to determine if further action is required.

Should you have any questions regarding this Notice, please contact your ZIM Account Executive.

ZIM Customer Service

ZIM 2017 Annual Results

Thu, 03/22/2018 - 09:32

​Haifa, 22 March 2018

  

ZIM posted strong 2017 annual results

  

Posted adjusted net profit of $50 million in 2017, compared to adjusted net loss of $150 million in 2016   Adjusted EBITDA of $270 million in 2017, compared to $47 million in 2016   Adjusted EBIT was $162 million in 2017, compared to   negative adjusted EBIT of $54 million in 2016 

   

Operating cash flow was $231 million in 2017, significant improvement compared to $33 million in 2016   Total revenues were $2,978 million in 2017, compared to $2,539 million in 2016, a 17% increase   ZIM carried 2,629 thousand TEUs, an all-time record of containers carried (reflecting an increase of 8% compared to 2016)  

During 2016-2017, the container shipping industry went through a structural change as a result of the extensive activity of mergers and acquisitions that also led to reorganization of the global alliances. Since Q3 2016 we have been witnessing a positive trend in the industry with improved freight rates. However, the overcapacity still exists in the market and market conditions, on the whole, remained volatile, as freight rates partially decreased towards the end of 2017.

 

In the face of this dynamic and challenging business environment, ZIM continues to outperform the industry and achieve improved results. ZIM’s 2017 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 $53 million in Q4 2017 compared to $44 million in Q4 2016, with an adjusted EBITDA margin of 7%.

  The carried quantities increased by 12% to 685 thousand TEUs in Q4 2017, compared to  613 thousand TEUs in the same period of 2016.   Eli Glickman, ZIM’s President & CEO, said: “I’m proud to say that ZIM’s financial results position us at the very top of the shipping industry. ZIM is undergoing a profound process of change and improvement in all aspects of its activity, as is evident from its 2017 results. Our well efficient network of shipping lines has proved reliable and able to provide excellent service levels to our customers. We lead the introduction of innovative digital solutions that will enable us to cater for changing market needs swiftly and efficiently. ZIM continues with its relentless efforts to improve customer service and to cost reductions, in order to achieve profitability. At the same time, the long-term overcapacity in the market and rising bunker rates continue to burden the industry as a whole.”   Financial and Operating Highlights for the Year Ended December 31, 2017  
  • Adjusted net profit was $50 million, compared to adjusted net loss of $150 million in the comparable period of 2016
  • Net Profit was $11 million, compared to net loss of $163 million in the comparable period of 2016
  • Total revenues were $2,978 million, compared to $2,539 million in the comparable period of 2016, a 17% increase
  • Operating cash flow was $231 million, compared to $33 million in the comparable period of 2016
  • Adjusted EBITDA was $270 million compared to $47 million in the comparable period of 2016
  • EBITDA was $246 million, compared to negative $50 million in the comparable period of 2016
  • Adjusted EBIT was $162 million compared to negative $54 million in the comparable period of 2016
  • EBIT was $135 million, compared to negative $52 million in the comparable period of 2016
  • ZIM carried 2,629 thousand TEUs, compared to 2,429 thousand TEUs in the comparable period of 2016, an 8% increase 
  • The average freight rate per TEU was $995, compared to $902 in the comparable period of 2016, a 10% increase  

 

Financial and Operating Highlights for the Three Months Ended December 31, 2017

  •  Adjusted net loss was $1 million, compared to adjusted net profit of $1 million in Q4 2016.
  •  Net loss was $10 million, compared to net profit of $5 million in Q4 2016
  • Total revenues were $761 million, compared to $653 million in Q4 2016, a 17% increase 
  • Operating cash flow was $62 million, compared to $17 million in Q4 2016
  • Adjusted EBITDA was $53 million compared to $44 million in Q4 2016
  • EBITDA was $48 million compared to $53 million in Q4 2016 
  • Adjusted EBIT was $25 million, compared to $17 million in Q4 2016 
  • EBIT was $20 million, compared to $26 million in Q4 2016
  • The average freight rate per TEU was $959, compared to $915 in Q4 2016, a 5% increasehe average freight rate per TEU was $959, compared to $915 in Q4 2016, a 5% increase

ZCP Upgrade and new CFX Service

Wed, 03/21/2018 - 12:23

ZIM upgrades ZIM Container Service Pacific (ZCP) and Introduces a New Service (CFX) Connecting Jamaica, Florida & Canada.
 
ZIM is pleased to announce a change and upgrade of our flagship ZIM Container Service Pacific (ZCP), and the simultaneous launch of a new Canada Florida Express service (CFX), starting April 3rd.

The combined synchronized change will improve transit time and service levels, and expand port coverage.

CFX is a weekly, fixed-day service deploying 2x1300 TEU’s vessels. Connecting our Latin American hub in Kingston, Jamaica, with Florida and Halifax, the new service offers a fast and reliable service, smoothly connecting our regional network to ZIM mainliners. CFX rotation: Kingston- Miami - Halifax – Kingston.

The launch of CFX is coordinated and synchronized with the change in our ZIM Container Service Pacific (ZCP), which will cease to call Halifax, enabling more reliable transit time from Asia to US East Coast. Halifax will be served via Kingston, maintaining similar transit times into Halifax as today. The new CFX feeder will introduce best-in-class transit times from Asia into Miami, opening a new important gateway to US destinations via the port of Miami.

Going forward cargo to/from Asia to Halifax will  connect to ZCP via our dedicated hub in Kingston.
 
ZIM VP Shipping, Rafael Ben-Ari, said: “Responding fast to market needs with new and improved offerings is in large part thanks to ZIM’s independence, keeping the company agile and giving it operational freedom to introduce important improvements beneficial to customers.”  


Ashdod Imbalance Surcharge

Wed, 03/07/2018 - 12:54

​In order to maintain our high service levels and schedule reliability, and in view of the ongoing operational and logistical challenges in the port of Ashdod, ZIM has decided to implement an Ashdod Imbalance Surcharge on all the Import to Ashdod, as follows: 

 

  • $50 per TEU for cargo from America and Asia
  • $50 per Container for cargo from Europe and MED



Effective date: March 15th * 


Our customer service team is at your disposal for any inquiry.  


For ZIM rates please view ZIM tariff tool at: http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx

 

*except for US trades, which will be announced separately.


*Excluding Russian trades. For information regarding Russian trades please contact our customer service.

New Service CTI Announcement

Thu, 03/01/2018 - 08:38

​Dear Valued Customer,
We are pleased to announce that we will have new service calling Kaohsiung to serve Indonesia base ports ( Jakarta, Semarang, Surabaya) to Taiwan market, our customer will have a better solution for Indonesia to Taiwan import
Effective voyage: M/V NAJADE 054S/N (ETD Jakarta 20/Mar, ETA Kaohsiung 29/Mar). Details are as follows.

Port Rotation
Shanghai(Sat/Sun) - Ningbo(Sun/Mon) - Shekou(Wed/Wed) - Jakarta (Mon/Tue) - Semarang(Wed/Wed) - Surabaya(Thu/Fri) - Kaohsiung(Thu/Thu) - Shanghai(Sat/Sun)

 

親愛的以星客戶,
我們在此非常高興的宣布我們即將迎來新的印尼直航航線,此航線將提供印尼雅加達/泗水/三寶隆直達台灣的直航快線,並藉此提供以星客戶與現行市場之外更快速的航線選擇
首航: M/V NAJADE 054S/N (ETD Jakarta 20/Mar, ETA Kaohsiung 29/Mar). Details are as follows.

靠港順序
Shanghai(Sat/Sun) - Ningbo(Sun/Mon) - Shekou(Wed/Wed) - Jakarta (Mon/Tue) - Semarang(Wed/Wed) - Surabaya(Thu/Fri) - Kaohsiung(Thu/Thu) - Shanghai(Sat/Sun)

BL fee and DO fee adjustment

Thu, 03/01/2018 - 07:55

​Due to various materials for price adjustment, we are obliged to increase our Bill of Lading fee (export document fee) to be NTD1,800/Bill “ For customer used E-Booking and E-SI the export document fee to be adjust to NTD1,500/Bill” with effective from April 01,2018.

Sea way remain no change for NTD2100 “ For customer used E-Booking and E-SI the Sea Waybill document fee to be adjust to NTD1,800/Bill” Delivery Order fee (import document fee) to be NTD1,800/Bill also with effective from April 01, 2018.

 

自今年(2018) 4月01日起, 本公司所有航線的出口提單費(B/L fee),
收費標準調整為新台幣1,800元.有透過E-BK+E-SI為新台幣1,500元.
出口快速提單(SEA WAY B/L FEE) 維持為新台幣2,100元,
有透過E-BK+E-SI為新台幣1,800元

進口小提單費(D/O fee). 收費標準調整為新台幣1,800元.

Rotterdam ECT Terminals congestion surcharge

Mon, 02/26/2018 - 19:19
Dear ZIM customer,    Please be advised that a Congestion Surcharge of Euro 35 per for all cargo transshipped via Rotterdam will be in force effective March 5th.   The surcharge is being imposed in order to maintain our level of service to our customers due to the increase of feeding rates announced by our feeder operators, as a result of costs incurred by delays in the port of Rotterdam.   Our customer service team is at your disposal for any inquiry.   

For ZIM rates please view ZIM tariff tool at:   

http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx

 

ZIM Appoints a Chief Digital Officer

Mon, 01/15/2018 - 10:49


ZIM announced today that it has appointed Mr. Liav Geffen as Chief Digital Officer (CDO)
This new position, part of ZIM’s Sales & Customer Service directorate headed by VP Sales and Customer Service, Mr. Saar Dotan, will enhance ZIM’s strategy to become a digital leader in the shipping industry.


Mr. Geffen holds a law degree and a Business MBA. Over the last eight years he was VP Marketing of Harel Group. Geffen has a proven track record of leading digital transformations and fostering the use of data, analytics and digital engagement with customers.


ZIM President & CEO Eli Glickman said: “The new Digital Unit in ZIM will drive the digital transformation the company has already embarked upon. We intend to foster innovation and technology across the board, impacting every aspect of our operations. Our vision is to combine top-notch technological solutions with a personal and dedicated service to our customers.”

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