ZIM Joins “Move to -15” Coalition, Strengthening Commitment to Cold Chain Sustainability

ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global leader in refrigerated container shipping, announced today its participation in the “Move to -15” coalition – a cross-industry alliance aiming to cut emissions in the cold chain sector by raising standard temperature of frozen cargo from -18°C to -15°C. This small change could prevent an estimated …

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2024 concludes on higher average container price levels globally

As we step into 2025, the container trading landscape continues to be shaped by elevated secondhand container prices, driven by uncertainties owing to geopolitical tensions, trade wars, and tariff threats. These price trends observed in late 2024 and expected to persist into the first quarter of 2025, implies higher asset costs for container traders, impacting …

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Atlantic Supramax market exhibits mixed trends despite strong fundamentals

The Atlantic Supramax dry bulk market saw volatility persist with overall positive cargo demand signs while remaining positional during the fourth quarter. However, as the period drew to a close, spot rates ultimately yielded to the dominant bearish market forces. Supramax trade starting from the Atlantic Basin to both Atlantic and fronthaul Far East destinations …

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