Haifa, Israel - January 31, 2022 – ZIM Integrated Shipping Services (NYSE: ZIM) announced today that ZIM’s recently introduced ZMI service, currently connecting the Indian sub-continent and the East Mediterranean, is extended to serve the East Mediterranean – North Europe trade, starting March 2022.
The new structure will offer fast, reliable, and direct service connecting the Indian sub-continent, Israel, Turkey and North Europe.
The enhanced ZMI service will include:
- 3 Direct calls in ISC ports; Mundra, Nhava Sheva & Colombo
- Full Coverage of ports and inland container depots in India
- Direct call to Mersin with connection to Black Sea ports
- Outstanding connection to inland destinations through ZIM’s intramodal services
Rani Ben Yehuda, ZIM EVP Cross Suez Trade, stated: “The expanded service, operated independently by ZIM, will offer considerable advantages to customers. We are enhancing our ability to handle project and special cargo, and as always provide top-level personal service along with advanced digital tools.”
ZMI’s new rotation and additional details will be published in the coming weeks.
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 one of the oldest shipping lines, with over 75 years of experience providing customers with innovative seaborne transportation and logistics services, with 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.
+972-4-8652520
shats.avner@zim.com