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This statistic highlights Zim Integrated’s Total Number of Container Units, reported annually from 2020 onwards.
ZIM Integrated Shipping Services is involved in container shipping and has established itself as a leading global shipping company. ZIM’s strategy is to work as a digitally oriented carrier offers unique advantages, advanced digital tools, and a reputation as a top industry performer. ZIM’s unique strategy is a digital-oriented, asset-light, global niche carrier that offers distinctive advantages, allowing the company to provide innovative and premium customer-centric services while maximizing profitability. Through this focused strategy, they enhanced digital tools, and a reputation as a top industry performer with high schedule reliability and service quality, ZIM is positioned to continue expanding its leadership and achieving best-in-class margins.
|Total container units||439.00||568.65|
(All figures are in thousand units)
Zim Integrated’s Total Number of Container Units stood at 568.65 thousand units in the year 2021. On a year-on-year basis, the total number of container units increased from 439 thousand units in 2020 to 568.65 thousand units in the year 2021, witnessing an increment of 29.53%.
Zim Integrated Shipping Services provides information that it will increase its global container ship and equipment capacity by half in the coming months to handle what it expects will be around a 30 percent increase in volume this year, thanks to the rising demand for expedited services, particularly on the eastbound trans-Pacific and intra-Asia. Zim also expects to beat last year’s record profit in 2021, and the Haifa, Israel-based carrier came a step closer to that goal by reporting $590 million in net income in the first quarter, in comparison to a $12 million loss one year ago.
Having increased its fleet from 50 vessels in the summer to around more than 110 vessels, Zim CEO Eli Glickman said roughly 50 percent more capacity is needed, not only to handle an expected 30-40 percent increase in volume this year but to maintain service levels despite port congestion. Due to so-called structural blanks, in which the carriers skip a given sailing to bring schedules back into alignment, Zim at times needs new chartered ships to keep up service levels for its expedited, premium offerings.
Glickman said the 76 percent year-over-year growth in average revenue per TEU during the first quarter reflects rising spot rates and contract rates, the increased demand, and the higher prices that its expedited service commands. The company’s revenue in the same period jumped 112 percent year over year to $1.7 billion on volumes that rose 28 percent to 818,000 TEU. The average revenue as per TEU in 2020 rose to $1,229, a 22% increase from 2019.
Zim Integrated was launched in Israel in 1945, and became a pioneer in container shipping in the early 1970s, and has established itself as a leading global, asset-light container liner shipping company. They provide customers with innovative seaborne transportation and logistics services, covering the world’s major trade routes and focusing on select markets where they have competitive advantages and can maximize their market position. In a dynamic and changing shipping and logistics environment, ZIM has set itself apart as a carrier with a fresh, unique approach. Supporting their central mission of providing the highest levels of customer service, they have implemented an innovative, data-driven strategy promoting digitization and introducing creative solutions to the market aimed at meeting customers’ evolving needs.
As part of their “Innovative Shipping” vision, they rely on careful analysis of data, including business and artificial intelligence, to better understand the needs of their customers and digitize their products, without compromising their long-standing reputation for a distinctly personal approach to customer relations. They operate and innovate as a truly customer-centric company, constantly striving to provide a best-in-class product offering. The asset-light model, which differentiates the relative to their competition, enables them to benefit from a flexible cost structure and operational efficiency. This, in turn, increases profitability and allows them to better serve their customers. ZIM also worked as a significant market participant with a sizeable market share and global footprint. They had operations across five geographic trade zones including Transpacific, Cross Atlantic, Cross Suez, Intra-Asia, and Latin America.
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