Zim Integrated Shipping Serv Stock Price, News & Analysis

ZIM Integrated Shipping Services (NYSE: ZIM) has acknowledged market rumors about a potential acquisition proposal. The company stated that, following its standard policy, it will not provide any comments regarding market rumors or speculation.

ZIM Integrated Shipping Services (NYSE: ZIM) has scheduled its second quarter 2025 financial results release for Wednesday, August 20, 2025, before U.S. markets open. The company will host a conference call and webcast with management at 8:00 AM ET to discuss the results and provide a corporate update.

The presentation will include slides and will be accessible through a live webcast on ZIM's website. A replay of the conference call will be made available on the company's website after the event.

ZIM Shipping announced details regarding tax withholding procedures for its upcoming $0.74 per share dividend (approximately $89 million) to be paid on June 9, 2025. The company obtained an extension from the Israeli Tax Authority allowing eligible shareholders to benefit from reduced withholding tax rates compared to the standard rates of 25-30%. Shareholders from countries with Israeli tax treaties can apply for reduced rates through IBI Trust Management between the payment date and July 3, 2025. To qualify, shareholders must submit required documentation proving tax residency and beneficial ownership. The process particularly affects non-Israeli shareholders and requires specific documentation based on shareholder type (individual, corporate, or publicly traded company).

ZIM Integrated Shipping Services reported strong Q1 2025 financial results with revenues of $2.01 billion, up 28% YoY, and net income of $296 million ($2.45 per share). The company achieved significant growth with carried volume increasing 12% to 944,000 TEUs and average freight rates rising 22% to $1,776 per TEU. Key financial metrics showed robust performance with Adjusted EBITDA of $779 million (82% YoY increase) and Adjusted EBIT of $463 million. The company declared a dividend of $0.74 per share, totaling $89 million. ZIM maintained its full-year 2025 guidance of Adjusted EBITDA between $1.6-2.2 billion and Adjusted EBIT of $350-950 million, while reducing its net leverage ratio to 0.6x and net debt to $2.49 billion.

ZIM Integrated Shipping Services (NYSE: ZIM) has scheduled the release of its first quarter 2025 financial results for Monday, May 19, 2025, before U.S. market opening. The company will host a conference call and webcast with management at 8:00 AM ET, including a slide presentation to discuss the results and provide a corporate update. The presentation will be accessible via live webcast on ZIM's website, with a replay available after the call.

ZIM Integrated Shipping Services (NYSE: ZIM) has announced new long-term charter agreements for ten 11,500 TEU LNG dual-fuel container vessels, with a total charter hire consideration of $2.3 billion. The vessels will serve across ZIM's global trades.

Seven vessels will be chartered from Containers Ventures Holdings Inc. (TMS Group affiliate) and three from a shipping company affiliated with former largest shareholder Kenon Holdings The vessels will be constructed at Zhoushan Changhong Shipyard in China, with delivery expected between 2027-2028.

This strategic investment follows the successful delivery of 46 newbuilds contracted in 2021-2022. The new vessels will enhance ZIM's commercial agility, support growth strategy, and advance the company's decarbonization objectives through expanded LNG fleet capacity.

ZIM Integrated Shipping Services (NYSE: ZIM) has provided an update regarding withholding tax procedures for its upcoming dividend distribution scheduled for April 3, 2025. The company will distribute $3.17 per ordinary share, totaling approximately $382 million, to shareholders of record as of March 24, 2025.

The company has obtained a tax ruling from the Israeli Tax Authority that allows certain shareholders to benefit from a Reduced Withholding Tax Rate, compared to the standard rates of 30% for substantial shareholders and 25% for other shareholders. To qualify, shareholders must submit required documentation to the appointed agent, IBI Trust Management, between the payment date and May 5, 2025.

On the payment date, ZIM will withhold 25% of the dividend amount and remit it to the agent, while the remaining 75% will be distributed through the transfer agent, Equiniti Trust Company,

ZIM Integrated Shipping Services (NYSE: ZIM) reported strong financial results for Q4 and full year 2024. The company achieved full-year revenues of $8.43 billion and net income of $2.15 billion, with Adjusted EBITDA of $3.69 billion and Adjusted EBIT of $2.55 billion.

Key highlights include a 14% volume growth in 2024, with a record 982,000 TEUs carried in Q4. The average freight rate increased 57% year-over-year to $1,888 per TEU. The company declared a Q4 dividend of $382 million ($3.17 per share), bringing total 2024 distributions to $961 million, representing 45% of full-year net income.

For 2025, ZIM projects Adjusted EBITDA between $1.6-2.2 billion and Adjusted EBIT of $350-950 million, noting that Red Sea trade conditions are not expected to normalize until at least H2 2025.

ZIM Integrated Shipping Services (NYSE: ZIM) has scheduled the release of its fourth quarter and full year 2024 financial results for Wednesday, March 12, 2025, before U.S. market opening. The company will host a conference call and webcast with slide presentation at 8:00 AM ET for management to review results and provide corporate updates.

Participants can access the conference call via telephone from the United States (+1-800-715-9871 or +1-646-307-1963), Israel (+972-3-376-1144), or UK/international (+44-20-3481-4247) using conference ID 8260105. The presentation and call will also be available via webcast through ZIM's website, with a replay accessible afterward.