ZIM Integrated Shipping Services Ltd (N:ZIM)
Business Focus: Deep Sea Freight
Feb 26, 2024 07:00 am ET
ZIM to Release Fourth Quarter and Full Year 2023 Results on Wednesday, March 13, 2024
HAIFA, Israel, Feb. 26, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its fourth quarter and full year 2023 financial results on Wednesday, March 13, 2024, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Feb 22, 2024 08:31 am ET
Thinking about buying stock in Synchronoss, ZIM Integrated Shipping, Iovance Biotherapeutics, Sirius XM, or Lincoln Educational Services?
NEW YORK, Feb. 22, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNCR, ZIM, IOVA, SIRI, and LINC.
Feb 06, 2024 08:31 am ET
Thinking about buying stock in ZIM Integrated Shipping, Solidion Technology, SoundHound AI, Longboard Pharmaceuticals, or Xpeng?
NEW YORK, Feb. 6, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ZIM, STI, SOUN, LBPH, and XPEV.
Jan 29, 2024 08:31 am ET
Thinking about buying stock in Cadrenal Therapeutics, Nio Inc, Marathon Digital, ZIM Integrated Shipping, or Joby Aviation?
NEW YORK, Jan. 29, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CVKD, NIO, MARA, ZIM, and JOBY.
Jan 12, 2024 08:31 am ET
Thinking about trading options or stock in ZIM Integrated Shipping, Chevron, Alphabet Inc, Spotify, or UiPath?
NEW YORK, Jan. 12, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ZIM, CVX, GOOG, SPOT, and PATH.
Jan 09, 2024 03:31 am ET
ZIM Announces Agreement with Hoopo Systems to Deploy Hoopo's Tracking Devices on ZIM's Dry-Van Container Fleet
The Deployment of hoopoSense Solar Cutting-Edge, Robust, and Cost-efficient Trackers on a Large Scale Puts ZIM at the Forefront of Technological Innovation in this Field
Jan 04, 2024 08:31 am ET
Thinking about trading options or stock in MINISO Group, Advanced Micro Devices, Crispr Therapeutics, Arista Networks, or ZIM Integrated Shipping Services?
NEW YORK, Jan. 4, 2024 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MNSO, AMD, CRSP, ANET, and ZIM.
Nov 27, 2023 03:05 pm ET
ZIM Announces Measures in Response to Threats in the Arabian and Red Seas
HAIFA, Israel, Nov. 27, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, reaffirmed today its continued commitment to serve the East Mediterranean and Israeli ports. Operations to and from these ports will be maintained with the highest regard for safety protocols which are essential to safeguarding the interests of all stakeholders.
Nov 15, 2023 06:00 am ET
ZIM Reports Financial Results for the Third Quarter and the First Nine Months of 2023
Reported Revenues of $1,273 Million, Net Loss of $2,270 Million (Including a Non-Cash Impairment Loss of $2,063 Million)1, Adjusted EBITDA2 of $211 Million and Adjusted EBIT Loss2 of $213 Million
Oct 25, 2023 08:00 am ET
ZIM to Release Third Quarter 2023 Results on Wednesday, November 15, 2023
HAIFA, Israel, Oct. 25, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its third quarter 2023 financial results on Wednesday, November 15, 2023, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Sep 12, 2023 09:30 am ET
Ship4wd Facilitates Global Supply Chain Flow for Small and Medium-Sized Businesses with $3M of Credit Utilized by Customers in the First Month of New Financing Solution
Reaching this new milestone underscores the value of Ship4wd's new financial solution as it opens additional avenues of global trade and improves cash flow for underserved importers and exporters with a new source of capital
Sep 12, 2023 09:30 am ET
Ship4wd Facilitates Global Supply Chain Flow for Small and Medium-Sized Businesses with $3M of Credit Utilized by Customers in the First Month of New Financing Solution
Reaching this new milestone underscores the value of Ship4wd's new financial solution as it opens additional avenues of global trade and improves cash flow for underserved importers and exporters with a new source of capital
Aug 22, 2023 09:50 am ET
Ship4wd Recognized as Best Freight Forwarder for Small and Mid-sized Businesses in the U.S. and Canada at the 11th Annual Global Brand Awards
Ship4wd received the award for the Best Freight Forwarding Company for SMBs in the United States and Canada, recognizing its industry-leading innovation that is leveling the global supply chain playing field for SMBs
Jul 31, 2023 09:31 am ET
Thinking about buying stock in Nio Inc, Tupperware Brands, ZIM Integrated Shipping, Upstart Holdings, or TG Therapeutics?
NEW YORK, July 31, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, TUP, ZIM, UPST, and TGTX.
Jul 28, 2023 09:31 am ET
Thinking about buying stock in Archer Aviation, Marinus Pharmaceuticals, ZIM Integrated Shipping, AMC Entertainment Hldg Pref Equity Units, or Knightscope Inc?
NEW YORK, July 28, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ACHR, MRNS, ZIM, APE, and KSCP.
Jul 26, 2023 08:00 am ET
ZIM to Release Second Quarter 2023 Results on Wednesday, August 16, 2023
HAIFA, Israel, July 26, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2023 financial results on Wednesday, August 16, 2023, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Jul 20, 2023 09:31 am ET
Thinking about buying stock in ZIM Integrated Shipping, Telus Corp, Rivian Automotive, Greenidge Generation Holdings, or BioSig Technologies?
NEW YORK, July 20, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ZIM, TU, RIVN, GREE, and BSGM.
Jul 12, 2023 07:00 am ET
ZIM Updates its Outlook for 2023
Company Now Expects to Generate in 2023 Adjusted EBITDA of $1.2-$1.6 Billion and Adjusted EBIT Loss of $500-$100 Million1
Jun 21, 2023 09:00 am ET
Ship4wd Changes Freight Industry Standards for SMBs with New $10,000 Instant Credit Line, Ability to Pay for Shipments 90 Days After Arrival, Secure Online Checkouts
Small and medium-sized enterprises receive unprecedented access to instant $10,000 credit lines* and in-platform secure online payment options offering credit card and online bank transfers (ACH Debit) with the ability to pay up to 90 days from the cargo delivery date
Jun 21, 2023 09:00 am ET
Ship4wd Changes Freight Industry Standards for SMBs with New $10,000 Instant Credit Line, Ability to Pay for Shipments 90 Days After Arrival, Secure Online Checkouts
Small and medium-sized enterprises receive unprecedented access to instant $10,000 credit lines* and in-platform secure online payment options offering credit card and online bank transfers (ACH Debit) with the ability to pay up to 90 days from the cargo delivery date
Jun 21, 2023 08:00 am ET
ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base
HAIFA, Israel, June 21, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas' flexible digital financing solution via ZIM's website as well as Ship4wd's, ZIM's award-winning digital freight forwarding subsidiary.
Jun 21, 2023 08:00 am ET
ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base
HAIFA, Israel, June 21, 2023 /CNW/ -- ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the 40Seas' flexible digital financing solution via ZIM's website as well as Ship4wd's, ZIM's award-winning digital freight forwarding subsidiary.
May 23, 2023 11:30 am ET
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ZIM Integrated Shipping Services Ltd. (“ZIM” or “the Company”) (NYSE:
May 22, 2023 10:40 pm ET
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses In Excess of $100,000 to Contact
LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ZIM Integrated Shipping Services Ltd. ("ZIM" or "the Company") (NYSE:ZIM) for violations of the securities laws.
May 22, 2023 08:55 pm ET
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses to Contact the Firm
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ZIM Integrated Shipping Services Ltd. (“ZIM” or “the Company”) (NYSE:
May 22, 2023 07:00 am ET
ZIM Reports Financial Results for the First Quarter of 2023
Reported Revenues of $1.4 Billion, Net Loss of $58 Million, Adjusted EBITDA[1] of $373 Million and Adjusted EBIT Loss[1] of $14 Million
May 17, 2023 08:00 am ET
ZIM Announces Investment in Spinframe, a Provider of an Innovative Vehicle Monitoring Platform for Maritime and Land Supply Chains Checkpoints
HAIFA, Israel, May 17, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), along with other investors, announced the initial closing of an $8 million financing round in Spinframe. ZIM led this investment as part of its strategy to invest in early-stage companies involved in the digitalization of supply chains who offer novel cutting-edge services with high growth potential.
May 01, 2023 08:00 am ET
ZIM to Release First Quarter 2023 Results on Monday, May 22, 2023
HAIFA, Israel, May 1, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its first quarter 2023 financial results on Monday, May 22, 2023, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Mar 22, 2023 08:00 am ET
ZIM Updates on Withholding Tax Procedures on April 2023 Cash Dividend
HAIFA, Israel, March 22, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on April 3, 2023, as previously announced by the Company on March 13, 2023 (the "Dividend"), it had obtained an extension of its previously obtained tax ruling from the Israeli Tax Authority, or ITA, with respect to the tax withholding procedures relating to the payment of the Dividend to the Company's shareholders (the "Ruling"). The Ruling w
Mar 13, 2023 08:31 am ET
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NEW YORK, March 13, 2023 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PRVB, SFR, ZIM, HIVE, and AU.
Mar 13, 2023 07:00 am ET
ZIM Reports Financial Results for the Fourth Quarter and Full Year of 2022
Generates Strong Full Year Results: Revenue of $12.56 Billion, Net Income of $4.63 Billion, Adjusted EBITDA1 of $7.54 Billion, and Adjusted EBIT1 of $6.15 Billion
Jan 10, 2023 07:00 am ET
40Seas, a New Fintech Platform Designed to Modernize Cross-Border Trade Financing, Secures Funding of $111 Million from ZIM and Team8
Funding equity round, led by Team8 with participation from ZIM, comes as fintech startup emerges from stealth mode to close the $1.7 trillion global trade finance gap
Jan 10, 2023 07:00 am ET
40Seas, a New Fintech Platform Designed to Modernize Cross-Border Trade Financing, Secures Funding of $111 Million from ZIM and Team8
Funding equity round, led by Team8 with participation from ZIM, comes as fintech startup emerges from stealth mode to close the $1.7 trillion global trade finance gap
Nov 23, 2022 07:00 am ET
ZIM Updates on Withholding Tax Procedures on December 2022 Cash Dividend
HAIFA, Israel, Nov. 23, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on December 7, 2022, as previously announced by the Company on November 16, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in
Nov 16, 2022 06:00 am ET
ZIM Reports Financial Results for the Third Quarter and First Nine Months of 2022
Recorded Q3 2022 Net Income of $1.17 Billion; Continued to Deliver Very Strong Operating Margins
Nov 08, 2022 02:00 am ET
Zim Selects ORBCOMM’s Industry-Leading Platform to Manage Their Fleet of Refrigerated Containers
ORBCOMM Inc., a global provider of Internet of Things (IoT) solutions, today announced that ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a leading global container liner shipping company based in Haifa, Israel, has selected ORBCOMM’s...
Oct 26, 2022 08:00 am ET
ZIM to Release Third Quarter 2022 Results on Wednesday, November 16, 2022
HAIFA, Israel, Oct. 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its third quarter 2022 financial results on Wednesday, November 16, 2022, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Aug 31, 2022 08:00 am ET
ZIM Announces Large-Scale Long-Term LNG Bunkering Agreement with Shell
ZIM to Operate First LNG Fueled Vessels in Asia to USEC Trade
Aug 26, 2022 08:00 am ET
ZIM Updates on Withholding Tax Procedures on September 2022 Cash Dividend
HAIFA, Israel, Aug. 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on September 8, 2022, as previously announced by the Company on August 17, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in
Aug 17, 2022 07:00 am ET
ZIM Reports Financial Results for the Second Quarter of 2022
Recorded Q2 2022 Net Income of $1.34 Billion; Continued to Deliver Very Strong Operating Margins
Aug 11, 2022 04:05 pm ET
ZIM Announces Participation in a Series A Financing Round in Hoopo, a Provider of Cutting-Edge Tracking Solutions for Unpowered Assets
Hoopo Systems' Solution is Designed to Improve Supply Chain Management of Unpowered Assets with a Unique, Highly Durable and Power-Efficient, Tracking Solution
Aug 03, 2022 08:00 am ET
ZIM to Release Second Quarter 2022 Results on Wednesday, August 17, 2022
HAIFA, Israel , Aug. 3, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2022 financial results on Wednesday, August 17, 2022, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Aug 01, 2022 08:00 am ET
ZIM Announces Additional Investment in Sodyo, a Developer of Groundbreaking Scanning Technology
HAIFA, Israel and TEL AVIV, Israel, Aug. 1, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the closing of an approximately $5 million Series B financing round in Sodyo Ltd., a developer of next generation scanning technology.
Jun 21, 2022 08:00 am ET
ZIM and Data Science Consulting Group (DSG) Announce the Closing of a $6 Million Investment by ZIM in DSG
HAIFA, Israel and TEL AVIV, Israel, June 21, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Data Science Consulting Group (DSG), a leading technology company specializing in AI (Artificial Intelligence) based products, solutions and services, announced today that they have closed a $6 million Series A financing round whereby ZIM made a capital investment in DSG, which constitutes the first major equity investment in DSG.
Jun 10, 2022 10:55 am ET
Thinking about trading options or stock in ZIM Integrated Shipping, Exxon Mobil, Coinbase Global, Altria Group, or EOG Resources?
NEW YORK, June 10, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ZIM, XOM, COIN, MO, and EOG.
May 26, 2022 04:10 pm ET
ZIM Updates on Withholding Tax Procedures on June 2022 Cash Dividend
HAIFA, Israel, May 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 8, 2022, as previously announced by the Company on May 18, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling') from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in compariso
May 18, 2022 08:30 am ET
Thinking about buying stock in National CineMedia, Veru, ZIM Integrated Shipping, Dlocal, or Arcos Dorados?
NEW YORK, May 18, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NCMI, VERU, ZIM, DLO, and ARCO.
May 18, 2022 07:00 am ET
ZIM Reports Record Financial Results for the First Quarter of 2022
Generated Highest Ever Quarterly Net Income of $1.7 Billion and Adjusted EBITDA1 of $2.5 Billion; Continued to Deliver Industry Leading Operating Margins
May 16, 2022 08:00 am ET
ZIM to Present at the BofA Securities 29th Annual Transportation, Airlines and Industrials Conference
HAIFA, Israel, May 16, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) today announced that Xavier Destriau, ZIM's EVP & CFO will present at the BofA Securities 29th Annual Transportation, Airlines and Industrials Conference on Thursday, May 19, 2022 at 9:00 AM ET.
May 03, 2022 08:00 am ET
ZIM to Release First Quarter 2022 Results on Wednesday, May 18, 2022
HAIFA, Israel, May 3, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its first quarter 2022 financial results on Wednesday, May 18, 2022, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Apr 19, 2022 09:31 am ET
Thinking about trading options or stock in Twitter, Silvergate Capital, ZIM Integrated Shipping, Apple, or Caterpillar?
NEW YORK, April 19, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TWTR, SI, ZIM, AAPL, and CAT.
Mar 30, 2022 08:00 am ET
ZIM Announces New Chartering Transaction for Six 5,500 TEU Wide Beam Newbuild Vessels
HAIFA, Israel, March 30, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services (NYSE: ZIM) announced today a new charter transaction with a group of investors initiated by MPC Capital AG, according to which ZIM will charter a total of up to six 5,500 TEU wide beam newbuild vessels for a period of 7 years and total charter hire consideration of approximately up to $600 million. The vessels will be constructed at Korean-based shipyard, HJ Shipbuilding & Construction (formally known as Hanjin Heavy Industries & Construction Co.), and are scheduled to be delivered between May 202
Mar 23, 2022 08:00 am ET
ZIM Updates on Withholding Tax Procedures on April 2022 Cash Dividend
HAIFA, Israel, March 23, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, hereby announces that it secured an extension of its previously obtained tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend to its shareholders ("Shareholders"). The Ruling will apply to the dividend distribution expected to take place on April 4, 2022, as previously announced by the Company on March 9, 2022 (the "Dividend"), and to a
Mar 09, 2022 08:31 am ET
Thinking about trading options or stock in Mongodb, Boeing, ZIM Integrated Shipping Services, Coinbase Global, or BioNTech?
NEW YORK, March 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MDB, BA, ZIM, COIN, and BNTX.
Mar 09, 2022 06:00 am ET
ZIM Reports Record Financial Results for the Fourth Quarter and Full Year 2021
HAIFA, Israel, March 9, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2021.
Mar 04, 2022 08:31 am ET
Thinking about trading options or stock in Raytheon Technologies, ZIM Integrated Shipping Services, Dollar Tree, Hormel Foods, or McCormick & Company?
NEW YORK, March 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RTX, ZIM, DLTR, HRL, and MKC.
Feb 23, 2022 07:00 am ET
ZIM to Release Fourth Quarter and Full Year 2021 Results on Wednesday, March 9, 2022
HAIFA, Israel, Feb. 23, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its full year and fourth quarter 2021 financial results on Wednesday, March 9, 2022, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Feb 17, 2022 07:00 am ET
ZIM Announces Signing of Operational Cooperation Agreement Amendment with the 2M Partners
HAIFA, Israel, Feb. 17, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that following its previous update on the extension of its operational cooperation agreement with the 2M partners, the parties have formally finalized the related documents in connection with their continued collaboration. The agreement is subject to regulatory approval.
Feb 10, 2022 07:00 am ET
ZIM Announces New Chartering Agreement for Thirteen Vessels
HAIFA, Israel, Feb. 10, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services (NYSE: ZIM) announced today a new charter agreement with Navios Maritime Partners L.P., according to which ZIM will charter a total of thirteen container vessels comprising five secondhand vessels and eight newbuild vessels for total charter hire consideration of approximately $870 million. The five secondhand vessels which range from 3,500-4,360 TEUs and are expected to be delivered in the first and second quarters of 2022, will be deployed across ZIM's global network. The eight 5,300 TEU wide beam newbuil
Feb 07, 2022 08:15 am ET
ZIM to Present at the Stifel 2022 Transportation & Logistics Conference
HAIFA, Israel, Feb. 7, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) today announced that Xavier Destriau, ZIM's EVP & CFO will present at the Stifel 2022 Transportation & Logistics Conference on Wednesday, February 9, 2022 at 8:00 AM ET.
Jan 27, 2022 07:45 am ET
ZIM Provides Update on Operational Cooperation Agreement with the 2M Partners
HAIFA, Israel, Jan. 27, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) updated today on the status of its discussions with its 2M alliance partners in connection with their operational cooperation agreement.
Jan 18, 2022 07:00 am ET
ZIM Announces New Chartering Agreement for Three 7,000 TEU LNG Dual-Fuel Container Vessels
HAIFA, Israel, Jan. 18, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services (NYSE: ZIM) announced today a new eight-year charter agreement with a shipping company that is affiliated with Kenon Holdings Ltd.[1], according to which ZIM will charter three 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve across ZIM's various global-niche trades for total consideration of approximately $400 million. The vessels will be constructed at Korean-based shipyard, Hyundai Samho Heavy Industries and are scheduled to be delivered during the first and second quarters of 2024.
Dec 01, 2021 06:00 am ET
ZIM Updates on Withholding Tax Procedures on a December 2021 Cash Dividend
HAIFA, Israel, Dec. 1, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. ("ZIM" or the "Company") (NYSE: ZIM), a global container liner shipping company, announces that it secured a tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend to its shareholders ("Shareholders") expected to take place on December 27, 2021, as previously announced by the Company (the "Dividend"). As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect t
Nov 17, 2021 08:31 am ET
Thinking about trading options or stock in Lucid Group, Lowe's, ZIM Integrated Shipping, Etsy, or Costco?
NEW YORK, Nov. 17, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LCID, LOW, ZIM, ETSY, and COST.
Nov 17, 2021 06:00 am ET
ZIM Reports Record Financial Results for the Third Quarter of 2021
Generated Highest Ever Quarterly Net Income of $1.46 Billion and Adjusted EBITDA[1] of $2.08 Billion
Nov 03, 2021 07:00 am ET
ZIM to Release Third Quarter 2021 Results on Wednesday, November 17, 2021
HAIFA, Israel, Nov. 3, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its third quarter 2021 financial results on Wednesday, November 17, 2021, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Oct 21, 2021 04:10 pm ET
ZIM Announces Acquisitions of Seven Secondhand Vessels During October 2021
HAIFA, Israel, Oct. 21, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), announced today that during the month of October 2021, it purchased seven secondhand vessels (built between 2007-2009) in a number of separate transactions. The vessels purchased include five 4,250 TEU vessels and two 1,100 TEU vessels, for a total consideration of approximately $320 million.
Oct 08, 2021 09:31 am ET
Thinking about trading options or stock in eBay, ZIM Integrated Shipping Services, UnitedHealth Group, Xilinx, or Tesla?
NEW YORK, Oct. 8, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EBAY, ZIM, UNH, XLNX, and TSLA.
Oct 06, 2021 07:00 am ET
ZIM Establishes Ship4wd™, a New Digital Freight Forwarding Company
HAIFA, Israel, Oct. 6, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to end shipping solution. Ship4wd will launch on October 18 2021.
Sep 01, 2021 07:00 am ET
ZIM Announces Exercise of Option to Charter Additional Five 7,000 TEU LNG-Fueled Vessels
HAIFA, Israel, Sept. 1, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), announced today the exercise of its option to long-term charter additional five 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels from Seaspan Corporation, pursuant to a transaction previously announced by ZIM and Seaspan in July 2021. Under this previously announced transaction, ZIM already entered into long term charter agreements for ten 7,000 TEU LNG vessels which are due to be delivered starting from the fourth quarter of 2023 and into 2024, so that the total vessels to be cha
Aug 23, 2021 07:00 am ET
Withholding Tax Procedures on a Special Dividend to be Distributed by ZIM in September 2021
HAIFA, Israel, Aug. 23, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. ("ZIM" or the "Company") (NYSE: ZIM), a global container liner shipping company, is pleased to announce to the holders of its ordinary shares (the "Shareholders"), that it secured a tax ruling (the "Ruling") from the Israeli Tax Authority ("ITA") with respect to the tax withholding procedures relating to the payment of dividend expected to take place on September 15, 2021, as detailed below. As a result of the Ruling, certain Shareholders may be eligible to a reduced Israeli withholding tax rate with respect t
Aug 18, 2021 07:00 am ET
ZIM Reports Record Financial Results for the Second Quarter of 2021
HAIFA, Israel, Aug. 18, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2021.
Aug 04, 2021 07:00 am ET
ZIM to Release Second Quarter 2021 Results on Wednesday, August 18, 2021
HAIFA, Israel, Aug. 4, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2021 financial results on Wednesday, August 18, 2021, before the U.S. financial markets open. Management will host a conference call and webcast (along with a slide presentation) to review the results and provide a corporate update at 8:00 AM ET.
Jul 06, 2021 07:30 am ET
ZIM and Seaspan Announce New Long-Term Chartering Agreement for Ten 7,000 TEU LNG-Fueled Vessels
HAIFA, Israel and LONDON, July 6, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. ("ZIM") (NYSE: ZIM), and Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), announced today a new strategic agreement for the long-term charter, with monetary value in excess of $1.5 billion, of ten 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve across ZIM's various global-niche trades. In addition, in February 2021, ZIM and Seaspan announced a long-term charter agreement for ten 15,000 TEU LNG-fueled vessels.
Jun 21, 2021 07:00 am ET
ZIM and Alibaba.com Announce the Extension of Their Commercial Cooperation Agreement Until 2023
HAIFA, Israel, June 21, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, and Alibaba.com, the world's leading B2B eCommerce platform and a business unit of Alibaba Group (NYSE: BABA), announced today that they will extend their cooperation agreement for two more years.
Jun 10, 2021 07:00 am ET
ZIM Announces Closing Of Secondary Offering And Full Exercise Of Underwriters' Option To Purchase Additional Shares
HAIFA, Israel, June 10, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) (the "Company"), a global container liner shipping company with over 75 years of experience, announced today the closing of the previously announced secondary offering by certain selling shareholders of the Company (the "Selling Shareholders"). The offering consisted of 8,021,250 ordinary shares at a price per ordinary share of $40.00, including 1,046,250 ordinary shares underlying an option granted by the Selling Shareholders to the underwriters, which was fully exercised. ZIM did not receive any
Apr 26, 2021 07:45 am ET
ZIM Announces the Establishment of ZIMARK, A New Company Providing Innovative Scanning Technology for the Logistics and Supply Chain Industries
HAIFA, Israel, April 26, 2021 /CNW/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today the establishment of ZIMARK, a technology-based company formed in collaboration with the Israeli startup Sodyo Ltd., to provide next generation scanning solutions for the logistics and supply chain sectors. In addition to the joint venture with Sodyo in the establishment of ZIMARK, ZIM will also make a direct equity investment in Sodyo.
Feb 12, 2021 07:00 am ET
ZIM and Seaspan Announce Strategic Chartering Agreement for LNG-Fueled Vessels
HAIFA, Israel and LONDON, Feb. 12, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM"), and Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), announced today a strategic agreement for the long-term charter of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve ZIM's Asia - US East Coast trade. ZIM is a leading player in this growing trade with an estimated market share of 9% according to market intelligence provider, PIERS.
Feb 12, 2021 07:00 am ET
ZIM and Seaspan Announce Strategic Chartering Agreement for LNG-Fueled Vessels
HAIFA, Israel and LONDON, Feb. 12, 2021 /CNW/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM"), and Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. ("Atlas") (NYSE: ATCO), announced today a strategic agreement for the long-term charter of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel container vessels, to serve ZIM's Asia - US East Coast trade. ZIM is a leading player in this growing trade with an estimated market share of 9% according to market intelligence provider, PIERS.
Feb 01, 2021 11:29 am ET
ZIM Announces Closing Of $217.5 Million Initial Public Offering
HAIFA, Israel, Feb. 1, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) (the "Company"), a global container liner shipping company with over 75 years of experience, announced today the closing of its initial public offering ("IPO") of 14,500,000 ordinary shares, at a price to the public of $15.00 per ordinary share, for gross proceeds of $217.5 million, before deducting underwriting discounts and commissions or other offering expenses.
Jan 19, 2021 04:24 pm ET
ZIM Announces Launch Of Initial Public Offering
HAIFA, Israel, Jan. 19, 2021 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (the "Company"), a global container liner shipping company with over 75 years of experience, announced today it has commenced an initial public offering of 17,500,000 ordinary shares of its share capital. The initial public offering is expected to be at a price of between $16.00 and $19.00 per share. ZIM expects to grant the underwriters of the initial public offering an option, exercisable over a 30 day period, to purchase up to 2,625,000 additional ordinary shares of its share capital at the initial public o
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