http://zim.com/Grand Alliance members Hapag-Lloyd AG (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) Limited, in cooperation with ZIM Integrated Shipping Services (ZIM) and Hamburg Süd (HSDG) will upgrade their Atlantic Express (ATX) service by deploying larger and more efficient vessels. Starting from March 2012, the service will be replaced by four vessels of 5,400 TEU capacity. One of each will be provided by ZIM and HSDG and the other two from the Grand Alliance. The upgraded service will continue to offer weekly fixed-day sailings with the current port rotation between the North European ports of Rotterdam, Hamburg, Le-Havre, and Southampton, and the U.S. East Coast ports of New York, Norfolk and Charleston.12/18/2011 8:23:41 AMhttp://www.zim.com/NewsContent.aspx?id=1779&l=4&isArchive=0&newsCatId=188We are glad to inform that Zim will add a 3rd vessel to its joint service with COSCO, enabling improved frequency and better transit times. West Mediterranean-West Africa Service (MAF) will offer a bi-weekly service between main ports in the West Mediterranean and West Africa, effective December 2011. The improved service will call the following ports: Napoli - Genoa –Tarragona- Tema - Tincan Island – Takkoradi – Abidjan – Napoli This new set-up is part of our ongoing efforts to improve our service to customers and broaden our coverage of the African trades, which currently include, among others: NAF – North Europe & West African – a weekly service operated jointly with Hapag-Lloyd and MOL MAF – Med & West Africa – including transshipment from the Americas and East Med to West Africa via Tarragona FAX – Far East – West Africa Service – Connecting major Asian ports with West Africa, with connections to Zim’s network. Line details12/5/2011 1:38:44 PMhttp://www.zim.com/NewsContent.aspx?id=1778&l=4&isArchive=0&newsCatId=188This week, for the first time, Zim hosted 50 of its clients from the Palestinian Authority This week, for the first time, Zim hosted a delegation of its clients from the Palestinian Authority. The gathering was led by Shai Babad, Manager of Zim’s Israel and Near East Area and also included Muchamad Abu Iyin, Chairman of the Palestinian Importers and Exporters Association and Avi Nudelman, Managing Director of the Israel-Palestine Chamber of Commerce. The delegation visited Zim’s offices and the port in Haifa. About 50 leading Palestinian businessmen, importers and exporters, participated in this gathering. Shai Babad emphasized the importance for Zim in rendering service to its clients and added that the company invests in strengthening and developing the relations with its Palestinian clients, while rendering personal service, focusing on this sector. Zim presented its global lines’ deployment and the significant improvement in commercial relations with its clients on a personal and individual basis, as part of its new policy. The Palestinian participants expressed interest in Zim’s lines serving the Israeli trade from/to the Far East, North Europe, North and South America, that supply them with solutions for their day to day business. In addition, the participants discussed the possibilities of expanding the economic activities between Israel and the Palestinian Authority. 11/17/2011 8:46:16 AMhttp://www.zim.com/NewsContent.aspx?id=1777&l=4&isArchive=0&newsCatId=188The new agreement facilitates an extended range of direct calls, improved transit times, increased reefer capability and better schedule reliability. ZIM Integrated Shipping Services Ltd And MSC Mediterranean Shipping Company are pleased to announce a new agreement offering an improved Med-Europe service. Starting in mid-November, Zim’s Asia-Med-Europe (AME) service and MSC’s Israel Express Service will swap space in the North Europe-East Med trade, enabling both Zim and MSC to offer a full range of direct calls in all Major North European ports including Felixtowe, Rotterdam, Antwerp, Hamburg and Le-Havre. MSC’s Israel Express Service new rotation will be as follows: Haifa – Ashdod – Valencia – Rotterdam – Antwerp – Le Havre – Alexandria – Haifa. Zim’s Asia-Med-Europe (AME) new rotation will be as follows: Asia – Haifa – Ashdod – Felixtowe – Antwerp – Hamburg – Limassol – Haifa – Ashdod – Asia. The new agreement will allow customers to enjoy an extended range of direct calls, improved transit times, increased reefer capability and better schedule reliability. AME Service details10/31/2011 11:38:55 AMhttp://www.zim.com/NewsContent.aspx?id=1776&l=4&isArchive=0&newsCatId=188Zim is a major player in the Canadian shipping market, ranked 2nd in the Ports of Halifax and Vancouver. Premier Dexter noted ZIM's Contributions to Nova Scotia Economy Zim’s President & CEO, Mr. Rafi Danieli, yesterday hosted in the Head Office in Haifa the Premier of the Canadian Province of Nova Scotia, Mr. Darrell Dexter, the Canadian Ambassador in Israel, Mr. Paul Hunt, the Port of Halifax President & CEO, Ms. Karen Oldfield and Mr. Matt Hebb, Principal Secretary to the Nova Scotia Premier. Zim serves the Canadian market via 3 major global lines - ZIM Container Service Pacific (ZCP); Pacific North West Express (PNX) and North West Pacific Express (NWX). Zim is a major player in the Canadian ports, ranking 2nd in market share in both Halifax and Vancouver. Zim has been serving the Canadian market for decades, and pioneered the first direct containerized cargo service between Halifax, East Asia and the Mediterranean in the early 70’s. Premier Dexter noted ZIM's Contributions to Nova Scotia Economy and said: "I want to thank the team at ZIM for choosing to do business in Nova Scotia. The province looks forward to many more years of continued co-operation and support with the shipping line." Rafi Danieli said that “Zim is determined to maintain its long-lasting presence in Canada, built on the excellent cooperation with the Canadian ports and the strong Canadian customer base. Zim intends to further develop the services offered to Canadian customers, and strives to supply the very best logistics solutions for the benefit of all our partners." In the pictures: Zim’s President & CEO, Mr. Rafi Danieli (right) with Nova Scotia Premier Darrell Dexter in Zim offices. Below: the Canadian guests with Zim staff (photos: Mati Milstein)10/26/2011 8:44:09 AMhttp://www.zim.com/NewsContent.aspx?id=1775&l=4&isArchive=0&newsCatId=188ZIM wishes to inform that a General Rate Increase (GRI) will be implemented effective October 1st 2011, as follows: Eastbound from N.Europe to Israel and East Med: To Israel: $125/20’ ; $250/40’ To East Med: Eur 100/20’ ; Eur 200/40’ Westbound from Israel and East Med to N.Europe: From Israel: $ 75/20’ ; $150/40’ From East Med $ 75/20’ ; $150/40’ This update is necessary in order to maintain our current levels of service and high reliability.9/14/2011 5:17:55 AMhttp://www.zim.com/NewsContent.aspx?id=1773&l=4&isArchive=0&newsCatId=188ZIM wishes to inform that a General Rate Increase (GRI) will be implemented as of October 1st. 2011, on the following trade: South Bound Israel to West Africa – $150/20' and $300/40' This update is necessary in order to maintain our current levels of service and high reliability. 10/11/2011 11:16:18 AMhttp://www.zim.com/NewsContent.aspx?id=1772&l=4&isArchive=0&newsCatId=188 Zim recorded a loss of $68 Million in the second quarter compared with a $3 Million profit in the same quarter last year, and compared to a loss of $111 Million in the first quarter of 2011. ZIM continues to grow in spite of difficult market conditions and recorded a significant increase both in revenues and in quantities carried in the second quarter of the year: Zim’s revenues in the quarter totaled one Billion US Dollars compared with $912 Million in the first quarter and $933 Million in the parallel quarter of last year, an increase of 10% compared with the first quarter of this year and 7% compared to the parallel quarter. The increase is a result of higher quantities carried, amounting to 596 thousand TEU’s, compared with 555 thousand TEU’s in the last quarter and 547 thousand TEU’s in the parallel quarter last year, an increase of 7% and 9% respectively. However, as a result of the difficult market conditions prevailing in the shipping industry, the average freight rate per TEU carried in the second quarter was $1307, compared to $1360 in the last quarter. Among other things, the downswing in freight rates is due to an increase in the number of active vessels in the market, owing to the increased deployment of new ships in the first half of 2011. Zim recorded an operating loss of $79 Million in the second quarter compared with an operating loss of $7 Million in the previous quarter. Zim recorded financing income of $11 Million compared with financing expense of $105 Million in the previous quarter. The improvement in financing expenses stems mainly from an accounting income of $53 Million recorded in the current quarter due to revaluation of derivatives in the company’s balance sheet, compared with an expense of $70 Million for the same item recorded in the previous quarter. In spite of the difficult market conditions, the company recorded a positive cash flow from operating activity in the first half of 2011 as well as a positive EBITDA of $13 Million. The company’s financial assets at the end of the quarter amounted to $386 Million. Zim's financial results continue to be close to the average operating income in the liner shipping industry, a fact reflecting the efficiency measures and strategic changes being introduced by the company, according to the strategic plan formulated in 2010 which is currently being implemented. 8/25/2011 6:33:22 AMhttp://www.zim.com/NewsContent.aspx?id=1771&l=4&isArchive=0&newsCatId=188ZIM would like to inform that a Peak Season Surcharge (PSS) of $200/ TEU will be implemented as from September 1st, 2011 in the Asia – Israel trade.8/23/2011 3:56:39 PMhttp://www.zim.com/NewsContent.aspx?id=1770&l=4&isArchive=0&newsCatId=188 Zim is pleased to announce changes to its flagship ZCS service, with fundamental improvements to ZCS routings, schedules and capacity. The new structure is part of the comprehensive strategic plan that enhances Zim’s responsiveness to global market conditions. The ZCS realignment will strengthen our presence in East-West trade lanes by creating two separate strings, ZCS Pacific and ZCS Atlantic. ZCS-Pacific (ZCP): The Pacific string of ZCS will deploy 9 x 5000 TEU vessels in the following routing: Savannah – New York – Halifax – Kingston – Los Angeles – Oakland – Ningbo – Shanghai – Pusan – Balboa – Kingston – Savannah ZCS-Atlantic (ZCA): The Atlantic string of ZCS will deploy 6 x ~ 4000 TEU vessels in the following routing: Haifa – Piraeus – Genova – Tarragona – New York – Savannah – Kingston – Tarragona – Haifa The realignment will shorten transit times and improve long term schedule reliability on these key East-West routes. The decision to realign ZCS – one of the industry’s pioneering container lines – was made on the basis of in-depth analysis of market developments and customer needs. We are confident that the realignment, with the addition of new services recently introduced by Zim, will further optimize and balance our global network. Customer loyalty is a top priority for Zim. We will continue to strive for the very best logistics solutions for the benefit of all our partners, including continuous improvements in customer service. 6/6/2011 3:55:40 PMhttp://www.zim.com/NewsContent.aspx?id=1747&l=4&isArchive=0&newsCatId=188Zim is glad to announce the realignment of the ZCS scope in Asia. The Trans Pacific All Water leg will become dedicated to North East Asia. The South China service is enhanced, together with our partners The Grand Alliance and Hyundai, with the SCE and SCE2. ZCS’s updated rotation will be as follows: Ningbo > Shanghai > Pusan > Balboa > Panama Canal > Kingston > Savannah > New York > Halifax > Tarragona > Haifa > Piraeus > Genoa > Livorno > Tarragona > Halifax > New York > Savannah > Kingston > Panama Canal > Los Angeles > Oakland > Ningbo The new rotation will commence at Ningbo on May 20th. SCE will be effective from May 13th with the following rotation: Kaohsiung > Shekou > Hong Kong > Panama Canal > New York > Norfolk >Savannah > Miami > Panama Canal > Kaohsiung SCE2 will be effective from May 12th with the following rotation: Pusan > Shanghai (Yangshan) > Xiamen > Da Chan Bay > Hong Kong > Yantian > Panama Canal > Manzanillo > Kingston > Savannah > Charleston > Kingston > Manzanillo > Panama Canal > Pusan The realignment of ZCS, one of the pioneering container lines in the industry, is part of Zim’s continuous efforts to meet customers’ needs. We are confident that this change, along with the new services recently introduced by Zim, will optimize and enhance our global network. 4/7/2011 5:36:58 PMhttp://www.zim.com/NewsContent.aspx?id=1738&l=4&isArchive=0&newsCatId=188