Zim Integrated Shipping Services Ltd.
- ISIN: US92343V1044
- ZIM at NYSE
Overview
Zim Integrated Shipping Services Ltd. is a global shipping company that provides container shipping and logistics services to customers worldwide. The company is headquartered in Haifa, Israel, and has a network of over 180 ports of call in more than 100 countries.
Zim offers a range of container shipping services The company also provides a range of logistics services, including customs clearance, warehousing, and distribution.
Zim operates a fleet of over 100 vessels, ranging from small feeder vessels to large container ships with a capacity of over 10,000 TEUs (twenty-foot equivalent units). The company’s shipping routes cover major global trade lanes, including Asia-Europe, Trans-Pacific, and Trans-Atlantic routes.
In addition to its core shipping and logistics business, Zim has also been actively investing in new technologies and digital solutions. The company has developed an online booking platform and a customer portal to facilitate e-commerce and improve the customer experience. Zim has also invested in blockchain technology to improve supply chain efficiency and security.
Business Segments
Zim Integrated Shipping Services Ltd. is primarily divided into two main business segments:
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Shipping: This segment includes the company’s container shipping operations, which involve the transportation of cargo through a fleet of owned and chartered vessels. Zim offers a range of container shipping services, including full-container-load (FCL), less-than-container-load (LCL), and specialized services such as refrigerated and oversized cargo shipping. The shipping segment is the core of Zim’s business and generates the majority of the company’s revenue.
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Logistics: This segment includes the company’s logistics and supply chain management operations, which provide a range of value-added services to customers, including customs clearance, warehousing, and distribution. Zim’s logistics services are designed to help customers manage their supply chains more efficiently and effectively. The logistics segment is a smaller part of Zim’s business but represents an area of growth for the company.
Overall, Zim’s business segments focus on container shipping and logistics, with a focus on providing customers with end-to-end solutions that meet their needs and help them manage their supply chains more effectively.
Fleet
ZIM operates a fleet of 4 owned and 114 chartered-in vessels.
- Operates 118 vessels in total
- 110 container vessels
- 8 vehicle transport vessels
Zim Integrated Shipping Services Ltd’s revenues and earnings
- 2022: Revenue of $13.83 b, Earnings of $7.55 billon (33%)
- 2021: Revenue of $10.73 b, Earnings of $5.65 billon (! Change in about 946%)
- 2020: Revenue of $4.8 b, Net Income of $563 million
- 2019: Revenue of $3.2 b, Net Income of $14 million
- 2018: Revenue of $3.1 b, Net Income of $24 million
- 2017: Revenue of $2.8 b, Net Income of $7 million
- 2016: Revenue of $2.5 b, Net Income of $23 million
Metrics
- Dividend Ratio 14.10.22: 7.3%