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11/20/2024 7:00:00 AM
Reported Revenues of $2.77 Billion, Net Income of $1.13 Billion, Adjusted EBITDA1 of $1.53 Billion and Adjusted EBIT of $1.24 Billion2; Achieved Adjusted EBITDA and Adjusted EBIT Margins of 55% and 45%, Respectively Achieved 12% Volume Growth YOY with Record Carried Volume of 970 Thousand TEUs in Q3 2024 Increased Full Year 2024 Guidance to Adjusted EBITDA of $3.3 Billion to $3.6 Billion and Adjusted EBIT of $2.15 Billion to $2.45 Billion3 Declared Increased Dividend of ~$440 million, Comprised of a Regular Dividend of ~$340 Million, or 30% of Q3 Net Income, Plus Special Dividend of ~$100 Million; Per Share Distribution: $3.65 Per Share, Reflecting Regular Dividend of $2.81 Per Share Plus Special Dividend of $0.84 Per Share ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), ("ZIM" or the "Company") a global container liner shipping company, announced today its consolidated results for the three and nine months ended September 30, 2024. Third Quarter 2024 Highlights Net income for the Read More
11/14/2024 12:00:00 AM
USA, Virginia Beach, Virginia, November 14, 2024 - ZIM Integrated Shipping Services Ltd. a global leader in shipping and logistics, announced the launch of its new Employer Brand Campaign, an initiative aimed at attracting top talent to ZIM USA, headquartered in Virginia Beach. The campaign will showcase ZIM’s corporate culture and the values that make it a unique and dynamic workplace within this vital and impactful industry. With campaign slogan- Hear the Difference. Feel the Difference. Be the Difference, ZIM recognizes the importance of its employer brand in attracting skilled individuals who align with the company’s ethos and culture. This campaign is based on messages developed through extensive research and direct input from current ZIM employees. By reflecting the voices of its team, ZIM’s new initiative aims to connect authentically with prospective employees who share its commitment to excellence and the distinctive Z Factor spirit. The campaign will leverage various Read More
11/8/2024 12:00:00 AM
Hoopo’s all-in-one device streamlines deployment and increases carriers accurate tracking visibility Haifa, November 8, 2024 – ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that it is accelerating the global deployment of smart containers, advancing visibility and transparency through the integration of Hoopo’s innovative hoopoSense Solar trackers. As customer demand for accurate, real-time visibility throughout the supply chain continues to rise, ZIM is meeting industry needs by providing its customers with the highest levels of data accuracy and reliability. ZIM’s smart container solution enables end-to-end tracking, including the inland leg, giving customers full transparency into their shipments and a more accurate ETA, even after the containers exit terminals or depots enroute to their final destinations. The hoopoSense Solar tracker sets a new industry standard with its advanced power efficiency, boasting a battery life of over 12 years, sufficient to Read More
11/5/2024 8:40:00 AM
Dear Valued Customer,In connection with ZIM’s customer advisory dated November 20th, 2023, and pursuant to the EU ETS regulation requirements, we wish to advise your that commencing on January 1, 2025, all shipping lines will be required to report their emissions and purchase of 70% of the equivalent number of allowances on the EU ETS market (instead of 40% as in 2024). As a result, and to comply with this regulation, the New Emission Fee (NEF) levels will be updated accordingly (the “2025 NEF Update”).
The 2025 NEF Update will be applied to all vessels arriving at EU ports on or after January 1, 2025, as well as to vessels departing EU ports commencing on January 1, 2025, and onwards. Therefore, the application of the 2025 NEF Update to your cargo will vary depending on your cargo’s trade and vessel’s schedule (subject to applicable regulatory filing requirements).
The following are the updated New Emission Fee (NEF) levels effective from December 1st, 2024(*) till further notice, applying to FAK (Freight All Kind) cargo, in the trades as detailed below: The rates are listed below for your convenience (the data refers to ZIM’s base ports in each trade). In addition to the rates listed above, please note that for cargo departing to Europe & Mediterranean ports (including, but not limited to France; Spain; Italy; Romania; Bulgaria) on the North America, West Coast South America, Caribbean trade, the following updated New Emission Fee levels shall apply to FAK (Freight All Kind) at the following effective dates (subject to all regulatory filing requirements):
Effective Date as of (*):
NEF
December 1, 2024, till December 12, 2024 inclusive
€30/TEU
December 13, 2024, till further notice
€65/TEU (includes the 2025 NEF Update)
Above charges are additional to the applicable base freight charge, THC, bunker, security and PSS related charges which are provided in ZIM's Tariff Calculator (U.S. trades are provided in www.boterates.com User: ZfreA6 Password: Access16!) as well as other charges for additional services, local charges and contingency charges.
At ZIM, we are committed ensuring compliance with the EU ETS while continuing to offer reliable and efficient shipping services. We appreciate your understanding and support as we work together to address the global challenge of climate change.
For details regarding specific agreements, other commodities, and other cargo types, such as reefer cargo, please approach our local office.
Sincerely,ZIM Integrated Shipping
(*) 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.(**) For bookings from China (Excluding Hong Kong/Taiwan) to Europe, the relevant NEF will be included in the base ocean freight. (***) Russian trades are excluded. For details regarding freight and charges for Russian trades please contact the local sales/customer representative. Read More
07-Jul-2024
Emission Fee (NEF) charge update - August 1st 2024
Dear Valued Customer,The following are the updated New Emission Fee (NEF) levels effective from August 1st, 2024(*) till further notice, applying to FAK (Freight All Kind) cargo, in the trades as detailed below.The rates are listed below for your con…
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20-Jun-2024
Equipment Shortage Surcharge (ESS) from All West Med to All East Med & Black Sea ports
Dear Valued Customers,
We would like to update you that due to equipment shortage in the Mediterranean area and to continue our good and reliable services, ZIM is updating the Equipment shortage surcharge from All West Med to All East Med & Black…
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09-Jun-2024
Far East to East Med, West Med including Black Sea– Peak Season Surcharge June 15, 2024
Dear ZIM Customer,We would like to update you that due to current market conditions, ZIM is updating its Peak Season Surcharge (PIS) from Far East to East Med and West Med - including Black Sea ports*, effective as of June 15, 2024, until further not…
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13-Jun-2022
Dangerous Goods policy update
Dear Valued Customer,We wish to update that with the immediate effect, Hydrogen Peroxide Class 5.1 UNNO 2014 & 2015 will not be accepted for shipments in standard DV containers. The Hydrogen Peroxide Class 5.1 UNNO 2014 & 2015 will be accepte…
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28-Jun-2021
New Regulation for Import to Egypt
Dear Valued Customers,We have been advised regarding a new Egyptian Customs regulation named Advanced Cargo Information (ACI), which requires that the Egyptian Importer will register his expected shipment with the new Egyptian Customs system before t…
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01-Sep-2019
India Sea Cargo Manifest Regulation
Dear Valued Customers:
The Central Board of Indirect Taxes and Customs in India has still not defined a final date for implementation however it is important we are all aware of the requirement.
As part of this new regulation, the Carrier is required…
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