Zim

Services

Zim Colibri Xpress (ZCX) service connecting South America West Coast to US East Coast

The launch of the new ZIM Colibri Xpress (ZCX) service connecting San Antonio, Callao, Guayaquil, Cartagena, Kingston, Philadelphia, Miami, Kingston, Buenaventura, Guayaqui, Callao, San Antonio has been delayed from March to April. The first sailing is scheduled to depart from San Antonio on 7 April 2023 with the 1,732 EM SPETSES. The ZIM Colibri Xpress (ZCX) is named after the South American Colibri hummingbird and will deploy 6 ships of 1,700 teu. The other ships to be deployed will be the H

Services

Zim to launch Zim Colibri Xpress (ZCX) service connecting South America West Coast to US East Coast

Zim will introduce a new ZIM Colibri Xpress (ZCX) service connecting San Antonio, Callao, Guayaquil, Cartagena, Kingston, Philadelphia, Miami, Kingston, Buenaventura, Guayaqui, Callao, San Antonio. The ZIM Colibri Xpress (ZCX) is named after the South American Colibri hummingbird and is scheduled to start in March 2023 deploying 6 ships of 1,600-1,900 teu that will be chartered by Zim. Apart from offering direct connecting between South America West Coast and US East Coast service. the ZCX wi

Services

Zim upgrades FE-USEC ZXB service

Zim will add a new calls at Jakarta, Laem Chabang and Haiphong on its ZIM Xpress Baltimore (ZXB) service connecting Southeast Asia and South China to the US East Coast. It will also add a new call at Kingston to provide additional relay options to ZIM’s Latin America regional network and an additional direct call at Norfolk. The revised ZXB will call at Jakarta, Laem Chabang, Cai Mep, Haiphong, Yantian, Kaohsiung, Panama Canal, Kingston, Baltimore, Norfolk, New York, Boston, Suez Canal, Jakart

Services

Zim/GSL upgrades CAX service

Zim and Gold Star Line (GSL) are upgrading the China Australia Express (CAX) service with the addition of new southbound calls at Nansha and Yantian, while the northbound call at Haiphong will be dropped. The revised CAX rotation will call at Shanghai, Ningbo, Xiamen, Nansha, Yantian, Sydney, Melbourne, Brisbane, Shanghai starting from 3 January 2023. The service will turn in 6 weeks, using ships of 1,700 to 2,800 teu. The move follows the withdrawal of the China 2 Australia Express (C2A) serv

Services

Zim/GSL extends China Thailand Vietnam CT3 service

Zim/Gold Star Line is adding more port calls on the China Thailand Vietnam III (CT3) that will extend the service to reach North Asia from January 2023. The CT3 was launched on 25 November 2022 and had initially called at Ningbo, Xiamen, Nangha, Laem Chabang, Bangkok, Laem Chabang, Haiphong, Yantian, Nansha, Ningbo using 3 ships of 1,700-2,000 teu. The service will be extended to call at Xingang, Dalian, Qingdao, Shanghai, Ningbo, Nansha, Sihanoukville, Bangkok, Laem Chabang, Haiphong, Yantia

Services

Zim withdraws C3A service

Zim has withdrawn its North China Australia Express (C3A) service from December 2022. The last sailing was made by the 1,717 teu OPHELIA that ended its rotation at Brisbane on 23 December 2022. The service was first launched at the end of February 2022 and called at Xingang, Dalian, Qingdao, Busan, Ningbo, Sydney, Melbourne, Brisbane, Xingang. The service turned in 6 weeks using ships of 1,7000=2,700 teu.

Services

Zim/GSL launch new Thailand Fremantle Express (TFX)

Zim/Gold Star Line (GSL) will launch a new Thailand Fremantle Express service from January 2023. The service will call at Ho Chi Minh City, Laem Chabang, Port Klang, Sydney, Melbourne, Fremantle, Port Klang, Ho Chi Minh City using 5 to 6 ships of 1,700-2,600 teu on a 42 day rotation starting with the 2,450 teu GSL AFRICA at Laem Chabang on 4 January 2023.

Services

ZIM/GSL launch TFX

ZIM and its subsidiary GSL are to  introduce the new Thailand Fremantle Express (TFX) that will connect Ho Chi Minh City, Laem Chabang, Port Klang, Sydney, Melbourne, Fremantle, Port Klang, Ho Chi Minh City. The TFX will turn in 6 weeks on a 42-days round trip, starting with the 2,450 teu GSL AFRICA and 1,717 teu OPHELIA that will phase in at Ho Chi Minh City on Dec 26 2022 and Jan 2 2023 respectively. GSL AFRICA  is currently deployed in China 2 Australia Express (C2A) while OPHELIA is being

Services

Zim/GSL launch new CT3 service

Zim/Gold Star Line (GSL) has launched a new China Thailand Vietnam III (CT3) service that connects Ningbo, Xiamen, Nangha, Laem Chabang, Bangkok, Laem Chabang, Haiphong, Yantian, Nansha, Ningbo from 25 November 2022. The CT3 turns in 3 weeks using 3 Bangkokmax ships, the 1,762 teu MTT SANDAKAN and two 1,984 teu newbuildings MARLA TIGER and MARLA BULL that have just been chartered by Zim.

Companies

Widening Gap In EBIT Margin

The main carriers’ average EBIT margins fell by 3.4% from the 2Q peak of 54.3% to 50.9%. However, the gap between individual carriers are widening, with some notable drops at Wan Hai (down 13.0%), OOCL (down 8.3%), HMM (down 6.8%) and Yang Ming (down 6.1%). Carriers with a larger share on the Asia-US West Coast have suffered the largest margin erosion, with a sharper drop expected in 4Q 2022 as the rate malaise has spread to other tradelanes.

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