Zim Integrated Shipping Services returned to the black in the third quarter of 2013, as it closed on a debt restructuring deal with its creditors.
Zim Integrated Shipping Services
23 May 2013
Zim will end its involvement in the two Northern Europe-related trans-Atlantic services that are currently part of its service offering, linervision reports.
20 May 2013
Zim Integrated Shipping Services will boost rates for all shipments on its trade from Asia to the east coast of South America, starting June 15.
09 May 2013
Standard & Poor’s Maalot lowered its credit rating for Zim Integrated Shipping Services to “CCC” from “B.”
06 May 2013
ZIM Integrated Shipping Services is adding a Norfolk, Va., call to its Zim Container Service Pacific service.
16 Apr 2013
Starting May 4, Cosco Container Lines, Evergreen Line, PIL and Wan Hai Line will launch a new weekly service linking Asia and the west coast of South America, called Asia-South America Service, WSA2.
15 Apr 2013
Starting May 11, Evergreen Line will team up with Cosco and Zim Integrated Shipping Services to upgrade the fleet operating its Far East to South America service, ESA, linking China Singapore and South America’s east coast.
08 Apr 2013
Member carriers of the Caribbean Shipowners Association have postponed the rate increase scheduled for April 28 to June 16.
27 Mar 2013
Zim Integrated Shipping Services will raise rates for all dry cargo on its trade from the Far East to Europe and the Mediterranean, starting April 15.
22 Mar 2013
Zim intends to order cheaper and more efficient container ships to replace the five large vessels the Israeli ocean carrier canceled this week.
21 Mar 2013
Zim’s net loss widened to $239 million in the fourth quarter of 2012 from $151 million a year earlier as the Israeli ocean carrier took a $133 million hit for cancelling orders for five large container ships.
20 Mar 2013
Zim Integrated Shipping Services will increase rates on its trade between North Europe and the east Mediterranean, starting April 14.