ZIM Integrated Shipping Services reported stronger second-quarter 2026 results, as its exposure to the Transpacific trades, higher freight rates and increased container volumes helped drive revenue and profit higher, while the carrier
ZIM Integrated Shipping Services reported stronger second-quarter 2026 results, as its exposure to the Transpacific trades, higher freight rates and increased container volumes helped drive revenue and profit higher, while the carrier continues a significant fleet renewal program ahead of its pending acquisition by Hapag-Lloyd.
ZIM posted second-quarter revenue of $1.78 billion, up 9% year-on-year, while net income jumped to $64 million from $24 million. Adjusted EBITDA increased 4% to $491 million, and adjusted net income reached $77 million. The company generated $386 million in free cash flow during the quarter.
The improvement was driven by both volume and pricing. ZIM carried 922,000 TEUs, 3% more than a year earlier, while its average freight rate increased 8% to $1,590/TEU. Pacific volumes were particularly strong, climbing from 354,000 TEUs to 426,000 TEUs year-on-year, offsetting weaker volumes in the Cross-Suez, Atlantic and Latin American trades.
The second-quarter rebound contrasted with a weaker first half overall. Six-month revenue fell to $3.18 billion from $3.64 billion as average freight rates declined to $1,455/TEU and volumes slipped to 1.788 million TEUs. ZIM recorded a first-half net loss of $22 million versus a $320 million profit a year earlier.
Fleet Renewal Continues
ZIM currently operates 115
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