ZIM Integrated Shipping Services Ltd (N:ZIM)
Business Focus: Deep Sea Freight
| Sector: Industrials | Industry: Marine Freight & Logistics |
| Company Contact | |
| Address: | 9 Andrei Sakharov Street, P.O. Box 15067 HAIFA 3190500 |
| Tel: | N/A |
| Website: | https://www.zim.com |
| IR: | See website |
| Key People | ||
| Eli Glickman President, Chief Executive Officer | Nissim Yochai Executive Vice President - ZIM USA President & Latin America BU | Xavier Destriau Chief Financial Officer |
| David Alteras Arbel Chief Operating Officer, Executive Vice President | Eyal Ben-Amram Executive Vice President, Chief Information Officer | Noam Nativ Executive Vice President, General Counsel, Company Secretary |
| Guillermo Codner Executive Vice President - Human Resources and Organization | Saar Dotan Executive Vice President - Countries and Business Development | Hani Kalinski Executive Vice President - Pacific BU | Assaf Tiran Executive Vice President - Cross Suez and Atlantic BU |
| Business Overview |
| Zim Integrated Shipping Services Ltd is an Israel-based company. It operates as fleet and a network of shipping lines offering cargo transportation services on all major global trade routes, it also offers multi-modal, cargo handling, tariff management, schedule information, and other related services supported by the company's local offices and representatives around the world. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, ZIM Integrated Shipping Services Ltd revenues decreased 59% to $5.16B. Net loss totaled $2.7B vs. income of $4.62B. Revenues reflect Pacific segment decrease of 68% to $1.78B, Intra-Asia segment decrease of 68% to $616.6M. Net loss reflects Int exp on Financial Lease Liabilities increase of 80% to $370M (expense), Foreign Exchange Gain/LossNon-Business decrease from $46.8M (income) to $0K. |
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