Zim

Spot rates are back above breakeven and Zim’s costs are falling.

The upsurge in rates due to ship diversions did not come soon enough to rescue container lines’ fourth-quarter results.

Imports to Europe and the U.S. East Coast face heavy delays as Operation Prosperity Guardian fails to bring shipping back to the Red Sea.

Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.

Container-ship route diversions — first to avoid the Panama Canal, now to avoid Red Sea chaos — could help offset rate pressure from newbuilding deliveries.

There has been a surge of attacks and threats targeting Israel-linked ships, including one incident where the U.S. Navy came to the rescue.

Time is running out for container lines as contract rate renewal season nears and spot rates fail to recover.

Panama Canal restrictions force more ships to transit the Bab el-Mandeb Strait off Yemen, where they face a hijacking risk.

Zim’s headline loss looks ugly, but most of the decline was non-cash and it still has ample reserves to weather the downcycle.

The recent rate rebound turned out to be fleeting. As rates deteriorate yet again, shipping lines face mounting losses.

Average CEO compensation rose as ocean shipping company earnings increased, fueled in many cases by share-based compensation.

Unprecedented supply-demand imbalances amid the pandemic led to historic dividend payouts by container shipping lines.

Spot ocean shipping rates from Europe to the U.S. held up much longer than trans-Pacific rates. Now they’ve sunk to historic lows.

Zim lost $213 million in the second quarter. Will rising trans-Pacific spot rates help it reverse course in the third?

After rapidly expanding its fleet during the boom, ocean carrier Zim is backpedaling and shedding ships.

Expectations for peak season have waned, but container lines may have bounced off the bottom.

Sluggish demand is capping shipping lines’ income. In response, at least one carrier is reportedly moving to limit losses on legacy charters.

Zim outperformed competitors on the way up and is falling faster than other carriers on the way down.

Is the sharp decline in shipping stocks a canary in the coal mine or an opportunity for investors to buy the dip?

Jefferies’ Omar Nokta believes container shipping investors are starting to look toward “the end of the destock and beginning of the restock.”

Quarterly net losses could be around the corner for container lines, but EBITDA will stay high even if carriers dip into the red.

Shipping line Zim could face net losses in the quarters ahead, yet it has a hefty cash cushion to soften the blow.

Ocean carrier Zim will increase the frequency and size of ships used for its e-commerce Baltimore Express service.

The top 10 liner operators hiked aggregate capacity by 13% in 2000-22 and continue to control 85% of the global fleet.

Earnings for Zim, the world’s 10th largest ocean carrier, peaked in the first quarter and continue to slide as rates fall.

As container shipping stocks get battered by collapsing rates, tanker shares could be poised for a long bull run.

New disclosures by Asian ocean carriers confirm that container shipping lines remain extraordinarily profitable.

7,1 millones de TEUs en pedidos frente al anterior récord de 6,6 millones en 2008

Container shipping rates — particularly from Asia to the U.S. — are still falling hard and show no sign of finding a floor.

El índice mundial ha bajado un 44% en los últimos 6 meses, pero sigue siendo 3,4 veces superior a la media anterior a COVID

Container and dry bulk shares soared last year, leaving tanker stocks behind. This pattern has now reversed.

Trans-Pacific spot container shipping rates continue to head lower. Zim appears more at risk than some of its rivals.

The latest shipping company poised to delist has a market cap of $3.5 billion. The latest new entrant’s market cap is under $20 million.

Last year was historically strong for some maritime businesses, terrible for others. No matter what the sector, maritime CEOs made millions.

A flood of newly built container ships will be delivered by shipyards in 2023-25. Can liners maintain pricing power?

Container shipping rates remain far above pre-COVID levels, yet there are more signs of prices easing.

Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.

Shares of ocean shipping companies have given back much of their 2022 gains after another big sell-off.

Retail stock pickers seem increasingly nervous about shipping. Shares of dry bulk, tanker, container and mixed-fleet owners all fell.

Tanker, bulker and LNG shipping stocks rise as domestic freight and container stocks face pressure.

Some shipping shares are rising because of war tailwinds. Others are rising despite war headwinds.

COVID lockdowns haven’t closed Chinese ports yet. If they do, U.S. importers face “shockwave” of higher rates and delays.

COVID has been great for container shipping, terrible for cruising. What does this mean to MSC, which is big in both?

Ocean liner Zim will include the Port of Boston in a China-Vietnam trade route.

Liner company Zim expects to rake in a billion dollars more this year than in record-setting 2021.

Tanker stocks favored by retail traders post big gains, while most container and dry bulk stocks hold steady.

Jefferies analyst Randy Giveans maintains that container shipping stocks still have a lot more room to run.

Barring an economic downturn, U.S. demand could still be squeezing ports a year from now.

Could container shipping and tanker stocks end 2022 very differently than they began it?

For bulk commodity shipping, a rough start to the year. For container shipping, the profit bonanza continues.

Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.

MSC sues Deere, patent owner sues six shipping lines, box-overboard cases pile up, and Hanjin’s ghost tries to collect.

Zim’s profits are still going up — way up — despite more vessels getting snared in West Coast port gridlock.

It’s no coincidence that spiking trans-Pacific trade coincides with more boxes overboard and more shipping accidents.

More public shipping companies go private as IPOs remain rare. Here’s why exits outpace new listings.

As America struggles with a growing supply chain crisis, ocean carriers rake in even more profits.

With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.

Digitization can alleviate supply chain glitches, but it depends on systems that talk the same language.

Ocean carrier ZIM now expects to earn $4.8 billion-$5.2 billion this year — five times what it earned in 2020.

Despite epic container rates and hefty dry bulk profits, stocks fell by double digits over the past three weeks.

Container ships in the congestion-plagued trans-Pacific trade have stepped on the gas, with some vessels now topping 20 knots.

An in-depth look at CEO compensation in container shipping, bulk shipping and the cruise industry

Ocean carriers could make up for two decades’ worth of losses in a single year as demand overwhelms vessel supply.

TRAC Intermodal details in a case study how it partnered with ZIM Integrated Shipping Services to develop a dedicated chassis pool at the ports of Los Angeles and Long Beach.

Consolidation in the liner sector is already extreme. Newbuild orders will further concentrate market power in fewer hands.

From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.

Congestion is cutting liner capacity just as freight rates are at all-time highs, incentivizing carriers to buy or charter more ships.

Freight forwarder will pay “absolute historic high” to secure container ship as “people are panicking” amid “out of control” market.

Ships at anchor are unlikely to clear by peak season. Congestion is forcing wide-scale voyage cancellations.

ZIM is the liner most exposed to upside from America’s import binge. It’s taking full advantage of the situation.

Danaos will stockpile cash from the current boom and spend it on new ships when environmental regs are clearer.

Maersk reveals more details on its shift toward long-term contracts at the expense of spot exposure.

COVID has been great for stocks. In ocean shipping, container and dry bulk shares rode the wave. Tankers stocks sank.

Liners are paying historically high rates to charter ships and maximize their exposure to the booming freight market.

As cargo shippers struggle, container-vessel companies rake in massive profits. Early signals point to record Q1 results.

Maersk and ZIM ships are being deployed in response to “customers’ increased cargo demands.”

California’s container-ship traffic jam is slightly less jammed but import pressure remains high. One analyst warns the worst may be yet to come.

Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?

Container, dry bulk and tanker stocks push forward. Biggest winner since mid-2020: Danaos, up (this is not a typo) 1,202%.

E-documentation initiative establishes data and process standards for bill of lading preparation and issuance.

Net profit skyrockets by more than 2,800% to $144.4 million.

ZIM and 2M increase capacity of vessels calling Texas.

Port Call Data Definitions guide is available for free download.

Werner, STG Logistics and ZIM add board members; Port of Oakland, Avetta and Raymond James make appointments.

Q2 EBITDA increases 53.7% and operating cash flow jumps 86.9%.

Developed by A.P. Møller – Maersk and IBM two years ago, the neutral platform was publishing 2 million events per day within a year and a half.

Group of nine container carriers has banded together for digital standardization.

Carrier recognizes ‘the importance of digitalization across the shipping industry.’

A language barrier of sorts may be blocking shipping lines and ports from adopting common technology platforms.

Net loss whittled from $24.3 million last year to $11.9 million in Q1 2020

Nine carriers in the Digital Container Shipping Association say eliminating paper from transactions will improve all aspects of the process.

ZIM reported a $5 million profit in the third quarter of 2019, saying it benefited from its cooperation with Maersk and MSC.

ZIM, which has entered into space-sharing agreements with Maersk and MSC, says it plans to “double down” on efforts to grow with its partners.

Surprise fees for practice that reduces congestion at ports and improves driver turns amounts to ‘dirty pool’ on part of the steamship lines.

Zim and the 2M Alliance have signed a secind vessel sharing agreement in the trans-Pacific and Asia-Europe trades. The deal significantly boosts Zim’s service offerings while 2M says the new deal offers mutual benefits and efficiencies.

Container line alliances are cutting capacity on their transpacific services in anticipation of a major slowdown in the US-China trade relationship due to tariffs. We see downside risk for Union Pacific and BNSF intermodal volumes, as well as JB Hunt.

Canadian Pacific conductors and engineers walk off; Brazilian truckers continue their highway shutdown; CMA CGM and Zim blame losses on fuel prices; Savannah hits record TEU volumes in April; Goldman Sachs says the oil rally isn’t over yet.