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ZIM to Enhance its Latin America Services

03-Feb-2022

New Structure Upgrades ZIM’s Network in Latin America

Haifa, Israel – February 2, 2022 – ZIM Integrated Shipping Services (NYSE: ZIM) announced today the enhancement of its Latin America regional services, including the introduction of a new Venezuela feeder (VEX) and the upgrade of two existing lines, Central America Express (LAF) and West Coast Central America (WCA) services.

New lines rotations are as follows: 

VEX: Manzanilo (PAMIT) – Cartagena (COCRT) – La Guaira (VELGA) – Kingston (JMKST) – Manzanilo (PAMIT)

VEX: Manzanilo (PAMIT) – Cartagena (COCRT) – La Guaira (VELGA) – Kingston (JMKST) – Manzanilo (PAMIT)

LAF: Cartagena (COCRT) – Manzanilo (PAMIT) – Moin (CROIU) – Puerto Cortes (HNPTZ) – Santo Tomas (GTSTC) – Cartagena (COCRT)

LAF: Cartagena (COCRT) – Manzanilo (PAMIT) – Moin (CROIU) – Puerto Cortes (HNPTZ) – Santo Tomas (GTSTC) – Cartagena (COCRT)

WCA: Lazaro Cardenas (MXLCD) – Manzanilo (MXMZL) – Puerto Quetzal (GTJQZ) – Acajutla (SVACJ) – Corinto (NICOR) – San Lorenzo (HNSLO) – Puerto Quetzal (GTJQZ) – Lazaro Cardenas (MXLCD)

WCA: Lazaro Cardenas (MXLCD) – Manzanilo (MXMZL) – Puerto Quetzal (GTJQZ) – Acajutla (SVACJ) – Corinto (NICOR) – San Lorenzo (HNSLO) – Puerto Quetzal (GTJQZ) – Lazaro Cardenas (MXLCD)

The enhanced network, to be operated by ZIM, offers customers a wide range of advantages including improved coverage, new logistic solutions, and smooth and synchronized connection to ZIM’s global network. as always, ZIM will keep providing its customers with its unique personal customer service and advanced digital tools.

Eran Epstein, VP Latin America Business Unit stated: “We continue to expand our services and offer our customers more options for global trade and better connection between trade areas. As part of our vision, we aim to be agile in responding to market needs as they arise, providing solutions for our customers in the region and around the world.”

About ZIM

ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets in which it operates. Founded in Israel in 1945, ZIM is a veteran shipping liner, with decades of experience providing customers with innovative seaborne transportation and logistics services, a reputation for industry-leading transit times, schedule reliability and service excellence. Additional information about ZIM is available at www.ZIM.com.

Forward-Looking Statements

This press release contains or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential” or “continue,” the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about the Company, may include projections of the Company’s new service capabilities and advantages, future financial results thereof, as well as its anticipated growth strategies and anticipated trends in its business. These statements are only predictions based on the Company’s current expectations and projections about future events or results. There are important factors that could cause the Company’s actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include, but are not limited to: market changes in freight, bunker, charter and other rates or prices, new legislation or regulation affecting the Company’s operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, and other risks and uncertainties detailed from time to time in the Company’s filings with the U.S. Securities and Exchange Commission, including under the caption “Risk Factors” in its 2020 Annual Report.

Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company assumes no duty to update any of these forward-looking statements after the date hereof to conform its prior statements to actual results or revised expectations, except as otherwise required by law.

 

ZIM media contact:

Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-865-2520
shats.avner@zim.com 



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