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Updated: 20 hours 40 min ago

BL and DO fee adjustment

Thu, 06/07/2018 - 12:11
​自今年(2018) 7月1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2,000元.有透過E-BK+E-SI為新台幣1,500元.
出口快速提單費(SEA WAY B/L fee) 收費標準調整為新台幣2,300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2,000元 Due to various materials for price adjustment, we are obliged to increase our Bill of Lading fee (export document fee)
to be NTD2,000/Bill “ For customer used E-Booking and E-SI the export document fee to be adjust to NTD1,500/Bill” &
Sea Waybill fee to be NTD2,300/Bill “ For customer used E-Booking and E-SI the Sea Waybill document fee
to be adjust to NTD1,800/Bill” with effective from July 01, 2018. Delivery Order fee (import document fee) to be NTD2,000/Bill also with effective from
July 01, 2018. Please inform all relevant staff and be guided accordingly.

​ZIM announces changes in senior management

Tue, 06/05/2018 - 10:54

ZIM has announced today that ZIM’s VP Global Sales, Saar Dotan, will replace Mr. Rafael Ben-Ari, ZIM’s VP Shipping, as of June 1st.  Saar Dotan’s new title will be EVP Countries & Business Development.

Saar Dotan joined ZIM in 2005 and held several senior positions, lastly EVP Sales and Customer Service, where he has greatly contributed to our 2017 excellent business results.

Yair Teitelbaum has been appointed ZIM’s VP Global Sales, effective September 1st, 2018.
Yair will be joining the Company after working for Colmobil Corporation, serving as Senior Director of Mitsubishi Motors Israel Division since 2015. Before that he has held various senior positions at Partner Communications Ltd., between 1998-2014, Including Head of Sales Division for the private and business sectors.

ZIM also announced that Mr. Assaf Tiran, VP Global Customer Service, will be joining the senior Management Team, effective immediately. Assaf brings with him 20 years of experience in customer service, where in the last 3 years he led the service function in a global organization. His proven record and skill set are an important addition to the company.

ZIM’s president and CEO Eli Glickman said: “Saar brings with him vast experience in the shipping industry and a solid expertise in business & commercial processes and sales. I would like to take this opportunity and to thank Rafael Ben Ari for his dedication and contribution to the company. During his tenure, he led essential business initiatives for ZIM with great success through challenging business periods. I would also like to welcome Yair to ZIM. I wish them all success in their new positions".


EBS- Far East to Med Black Sea & Europe

Tue, 05/29/2018 - 11:58

​Implementation of EBS (Emergency Bunker Surcharge)

Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to implement an adjusted EBS (Emergency Bunker Surcharge) as follows:

65 USD per TEU on FAK (Freight All Kind) cargo for the following trades:
Far East (excluding China) base ports to Med / Black Sea and Europe base ports

35 USD per TEU on FAK (Freight All Kind) cargo for the following trades:
Med / Black Sea and Europe base ports to Far East base ports

The above EBS charge shall be implemented as of June 1st, 2018, till further notice. 


  • Above EBS charge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.

 

These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.

Sincerely yours,
ZIM Integrated Shipping

*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

BAF - Export China

Tue, 05/29/2018 - 11:55

Implementation of BAF (Bunker Adjustment Factor)

Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to implement an adjusted BAF (Bunker Adjustment Factor) as follows:

65 USD per TEU on FAK (Freight All Kind) cargo for the following trades:
China base ports to Med / Black Sea and Europe base ports

The above BAF surcharge shall be implemented as of June 1st, 2018, till further notice.  

  • Above BAF surcharge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.


These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.


*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

Emergency Bunker Surcharge India Sub Continent, Med/Black Sea

Sun, 05/27/2018 - 14:09

Implementation of EBS (Emergency Bunker Surcharge)

Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to implement an adjusted EBS (Emergency Bunker Surcharge) as follows:


50 USD per TEU on FAK (Freight All Kind) cargo for the following trades:
India Sub Continent base ports to Med / Black Sea and Europe base ports

35 USD per TEU on FAK (Freight All Kind) cargo for the following trades:
Med / Black Sea and Europe base ports to India Sub Continent base ports

The above EBS charge shall be implemented as of June 1st, 2018, till further notice.  

  • Above EBS charge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.

These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.

ZIM Customer Service


*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

Emergency Bunker Surcharge - Med and Black Sea

Sun, 05/27/2018 - 14:07

​Implementation of EBS (Emergency Bunker Surcharge)

Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to implement an adjusted EBS (Emergency Bunker Surcharge) as follows:


40 USD per TEU on FAK (Freight All Kind) cargo for the following trade:
Intra Mediterranean (East and West) & Black Sea base ports 

The above EBS charge shall be implemented as of June 1st, 2018, till further notice.  

  • Above EBS charge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.

 

These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.

ZIM Customer Service


*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

Emergency Bunker Surcharge - Turkey & Greece

Sun, 05/27/2018 - 14:04

Implementation of EBS (Emergency Bunker Surcharge)


Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to implement an adjusted EBS (Emergency Bunker Surcharge) as follows:


40 USD per TEU on FAK (Freight All Kind) cargo for the following trades:


Israel base ports to Turkey & Greece base ports.
Turkey & Greece base ports to Israel base ports.

The above EBS charge shall be implemented as of June 1st, 2018, till further notice. 

  • Above EBS charge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative
  • For further details regarding additional commodities kindly contact ZIM local sales.

These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.

ZIM Customer Service

*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

Emergency Bunker Surcharge - North Europe Lines

Sun, 05/27/2018 - 14:01

​EBS (Emergency Bunker Surcharge)

Dear ZIM Customer,

In light of the strong increases in bunker prices and in order to continue our good and reliable service, we would like to advise that it has been decided to update the EBS (Emergency Bunker Surcharge):


 FAK (Freight All Kind) cargo for the following trades:

  • Mediterranean, Black Sea and Indian subcontinent base ports to North Europe & Baltic/ Scandinavian base ports:  €16/TEU 
  • North Europe & Baltic/Scandinavian base ports to Mediterranean, Black Sea and Indian subcontinent base ports: €31/TEU

The above EBS charge shall be implemented as of June 1st, 2018, till further notice.  

Above EBS charge is additional to the applicable base freight charge, THC, bunker charges and security and PSS related charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.

For further details kindly see our website www.zim.com or contact our local sales / customer service representative.


For further details regarding additional commodities kindly contact ZIM local sales.

These measures are necessary in order to maintain our current levels of service and high reliability.


Our customer service team is at your disposal for any inquiry.
For further details regarding additional commodities kindly contact ZIM local sales.
ZIM Customer Service


*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

ZIM Q1 2018

Thu, 05/24/2018 - 12:47

 

ZIM’s Q1 2018 results

 

 

Total revenues were $751.4 million in Q1 2018,

 

compared to $655 million in Q1 2017, an 14.7% increase.  

 

In Q1 2018, ZIM carried 698 thousand TEUs, an all-time record (reflecting growth of 16.7% compared to Q1 2017)  

 

Operating cash flow was $57.9 million in Q1 2018, compared to $33.8 million in Q1 2017   Adjusted EBITDA of $25.6 million in Q1 2018, compared to adjusted EBITDA of $57.4 million in Q1 2017   Adjusted net loss was $26.1 million, compared to adjusted net

 

profit of $2.6 million in Q1 2017

 

      The container shipping industry is dynamic and volatile and has been marked in recent years by instability, due to ongoing changes in market conditions. Since the second half of 2016 and through the third quarter of 2017, increases were recorded in freight rates as well as in bunker prices. Commencing the fourth quarter of 2017 and during Q1 2018, freight rates have decreased while bunker prices continued to increase.   In the face of this challenging business environment, ZIM continued to outperform the industry and increased its carried quantities.   ZIM reported an adjusted EBITDA of $25.6 million in Q1 2018, compared to $57.4 million in Q1 2017, with an adjusted EBITDA margin of 3.4%.   The carried quantities increased by 16.7% to 698 thousand TEUs in Q1 2018, compared to 598 thousand TEUs during the same period in 2017.  

 

Eli Glickman, ZIM President & CEO, said: “During Q1 of 2018, ZIM has increased the volume of cargo carried to 698 thousand TEUs, thanks to intensive sales efforts and customers’ confidence in ZIM. This has been achieved despite very challenging market conditions. While we started to see an improvement in some of the trades towards the end of the quarter, Q1 2018 results, on the whole, were negatively impacted by the combined effect of increased bunker prices, higher charter costs and lower freight rates. Despite these conditions, ZIM continued to be one of the top performers in the industry. We Keep investing in digital solutions which will enhance our efficiency and customer experience. We remain focused on achieving our goals according to our strategic vision as an independent carrier, providing reliable and exceptional service to our customers.”  

 

Financial and Operating Highlights for the Three Months Ended March 31, 2018  

 

  • Total revenues were $751.4 million compared to $655 million in Q1 2017, a 14.7% increase
  • ZIM carried 698 thousand TEUs, compared to 598 thousand TEUs in Q1 2017, a 16.7% increase
  • The average freight rate per TEU was $938, compared to $953 in Q1 2017, a 1.6% Decrease
  • Adjusted EBITDA was $25.6 million compared to $57.4 million in Q1 2017
  • EBITDA was $20.7 million compared to $51.3 million in Q1 2017
  • Negative adjusted EBIT was $2.2 million, compared to adjusted EBIT of $30.7 million in Q1 2017
  • Negative EBIT was $7.1 million, compared to EBIT of $24.6 million in Q1 2017
  • Adjusted net loss was $26.1 million, compared to adjusted net profit of $2.6 million in Q1 2017
  • Net loss was $34.1 million, compared to net loss of $6.4 million in Q1 2017
  • Operating cash flow was $57.9 million, compared to $33.8 million in Q1 2017

 

Green Fuel Surcharge

Thu, 05/24/2018 - 11:35

​Update of the Green Fuel Surcharge (GFS)


Dear ZIM customers,


In light of the steep increase of the rates of the cleaner fuel and as a result of additional cost derived from the SECA regulations, we would like to inform you that the GFS surcharge on FAK (Freight All Kind) cargo will be updated as detailed below (**).

The above update shall be implemented as of June 1st, 2018 until further notice and shall be applied on all shipments booked on services passing through emission controlled areas, i.e. North Europe & Baltic, US and Canada base ports. Following are the surcharge levels per TEU:


Mediterranean, Black Sea and Indian subcontinent base ports to North Europe base ports: $60.-
North Europe base ports to Mediterranean, Black Sea and Indian subcontinent base ports: $60.-

Mediterranean, Black Sea and Indian subcontinent base ports to the Baltic & Scandinavian base ports: $100.-
Baltic & Scandinavian base ports to Mediterranean, Black Sea and Indian subcontinent base ports: $100.-

West Africa/India/East Med/West Med base ports to the USA & Canada base ports: $60.-
From USA & Canada base ports to the East Med/West Med/India/West Africa base ports: $60.-

  • Above GFS charge is additional to the applicable base freight charge, THC, bunker charges security related charges and PSS charges which are provided in ZIM's Tariff Calculator (http://www.zim.com/knowledgecenter/tools/pages/tariff-calculator.aspx) as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.

These measures are necessary in order to maintain our current levels of service and high reliability. We receive the right to further update the surcharge anytime in the future.

We thank you for your understanding and support.  

ZIM Integrated Shipping Services

 



**   These rates are unaffected by, and do not affect, any tariff notified, published or filed in accordance with local regulatory requirements. For trades subject to the US Shipping Act or the China Maritime Regulations, application is subject to the publication and effective date requirements of those statutes / regulations.  Quotations or mitigation of published surcharges that vary from ZIM’s tariff shall not be binding unless included in a service contract or amendment that has been filed with the Federal Maritime Commission (“FMC”) or the Shanghai Shipping Exchange, as applicable.


*** Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative;

​Asia-North America Emergency Bunker Surcharge

Thu, 05/17/2018 - 11:15

Dear ZIM Customer,

Due to the recent sharp increase in fuel prices, and in order to maintain our service levels, ZIM will implement an Emergency Bunker Surcharge (EBS) on all cargo from Asia to North America and the Caribbean, as follows: 
 
Asia - Pacific North West Services:     USD 18 per TEU
Asia – East Coast N. America, US Gulf and Caribbean:  USD 32 per TEU

The Surcharge will be implemented effective June 15th, 2018.

The surcharge is implemented in order to maintain our high service levels and schedule reliability. Our customer service team is at your disposal for any inquiry. 

ZIM Customer Service

ZIM Appoints Xavier Destriau As Chief Financial Officer

Mon, 05/14/2018 - 11:13

Haifa, Israel, May 14th 2018


ZIM Integrated Shipping Services Ltd. announced today that the Company's Board of Directors has appointed Xavier Destriau as the company’s new CFO, effective June 15, 2018. He will be replacing Acting CFO, Mr. Yohai Benita, who has completed his position at ZIM.

Xavier Destriau has worked at CMA-CGM for 10 years and has served as Vice President - Head of Group Financing from 2014 to 2016. During this period, he focused on managing the consolidated group debt and developing a diversified financing strategy with a strong Asian focus.

Xavier will be joining the Company after two years as Strategic Advisor to Founder and Interim CFO of LTF Partners, an exclusive advisory firm with special expertise in emerging and frontier markets. Prior to LTF Partners, Xavier served as Financial Planning and Analysis Manager for Europe at HONEYWELL Inc. with global sales of $35 billion. Xavier holds an MBA degree from EM Lyon Business School and an Engineering degree from CPE Lyon.

Eli Glickman, the Company's CEO, commented: "I would like to take this opportunity to express my deep appreciation to Yohai Benita. Through recent challenging business periods, Yohai contributed to the Company's stability and played a crucial role in the financial restructuring. I would like to thank Yohai for his dedication over the years and wish him good luck in his future endeavors. I welcome Xavier to ZIM and wish him success in this challenging position".
 

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

PPS Chrage

Tue, 04/10/2018 - 11:19
​               ZIM - NORTH EUROPE – ISR/CYPRUS (NE1) PSS CHARGE UPDATE     Dear customer,    In order to continue our good and reliable service, we would like to advise that it has been decided to implement a PSS (peak season surcharge) on FAK (Freight All Kind) cargo from all NWC, and Baltic / Scandinavian base ports to Cyprus & Israel.     o   Effective: April 10th ,2018, till further notice.    ​ 20' DRY​ 40' DRY​ 40' HC​ NWC​ $​50 $​50 $​50 UK​ ​$50 ​$50 ​$50 ​Baltic​ ​$50 ​$50 ​$50 ​Scandin​avia ​$50 ​$50 ​$50 France​ ​$50 ​$50 ​$50      
  • Above PSS charges are additional to the applicable base freight charge, THC, bunker and security related charges which are provided in ZIM's Tariff Calculator as well as other charges for additional services, local charges and contingency charges.
  • For further details kindly see our website www.zim.com or contact our local sales / customer service representative.
  • For further details regarding additional commodities kindly contact ZIM local sales.
    These measures are necessary in order to maintain our current levels of service and high reliability.   ZIM Integrated Shipping  

Est. 1951

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