The Latest Breaking News from ZIM Integrated Shipping Services Ltd

As the better than expected jobs report is unlikely to give the Federal Reserve reason to pause its aggressive monetary policy tightening, and thus the economy could witness a slowdown, we think it could be wise to scoop up shares of high-dividend companies ZIM Integrated (ZIM), Western Midstream (WES), Stellantis…

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) reported first-quarter sales growth of 113.1% year-over-year to $3.72 billion, beating the consensus of $3.47 billion. Carried volume in the first quarter was 859 thousand TEUs (+5% Y/Y). The first quarter's average freight rate per TEU was $3,848 (+100% Y/Y). The gross margin expanded by 2,008…

ZIM Integrated Shipping Services Ltd. Ordinary Shares's (NYSE:ZIM) short percent of float has risen 9.89% since its last report. The company recently reported that it has 5.56 million shares sold short, which is 8.33% of all regular shares that are available for trading.

Amid deepening supply chain disruptions, the demand for shipping remains strong. Therefore, we think it could be wise to bet on quality shipping stocks Nippon Yusen Kabushiki Kaisha (NPNYY) and ZIM Integrated Shipping (ZIM). However, Kirby (KEX) and International Seaways (INSW) are best avoided now because they look significantly overvalued…

ZIM Integrated Shipping Services Ltd. Ordinary Shares's (NYSE:ZIM) short percent of float has fallen 6.3% since its last report. The company recently reported that it has 5.01 million shares sold short, which is 7.58% of all regular shares that are available for trading.

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) entered a new charter transaction with a group of investors initiated by MPC Capital AG. ZIM will charter up to six 5,500 TEU wide beam newbuild vessels for seven years, and total charter hires consideration of up to $600 million. The vessels will be constructed at a…

On CNBC’s "Mad Money Lightning Round," Jim Cramer said ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is a "momentum-driven stock" whose momentum he believes has peaked.

ZIM Integrated Shipping Services Ltd (NYSE: ZIM) is trading higher Wednesday after the company reported better-than-expected fourth-quarter financial results. 

ZIM Integrated Shipping Services Ltd (NYSE: ZIM) might not capture the most headlines among financial media outlets, but over the past five years, the firm has captured epic gains for investors.

ZIM Integrated Shipping Services Ltd (NYSE:ZIM) entered a new eight-year charter agreement with a shipping company affiliated with Kenon Holdings Ltd., ZIM will charter three 7,000 TEU liquefied natural gas dual-fuel container vessels to serve across its various global-niche trades for total consideration of ~$400 million. The vessels will be constructed at a…