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Uzbekistan Ministry of Foreign Affairs

University of World Economy and Diplomacy

International logistics
Independent work
ZIM Integrated Shipping Services Ltd. (shipping logistic company)

Siddikov Hamza
0-2a-19

Tashkent-2022
About ZIM1

In the fast-changing shipping world, ZIM Integrated Shipping Services has set
itself apart as an independent carrier with a fresh, unique approach.

ZIM’s strategy as a global niche carrier offers distinctive advantages to customers


worldwide. We have created a smart, efficient network that ensures stable, reliable
services; and we have made it our mission to focus on the needs of our customers,
which stand at the heart of all our decisions.

ZIM operates in select trades, where it has a competitive advantage and where it
can provide superior service. In these trades, ZIM is a significant player with a
sizable market share. We maintain a flexible partnership approach with other major
carriers, and our new line structure is a much-needed alternative to customers
concerned about the current alliance-dominated market.

We make the most of our flexibility and creativity to provide premium services
and solutions adapted to our customers’ evolving needs. Our professionalism is
built on decades of experience and skill, and a history as trailblazers in the
container shipping business.

With a proud, decades-long heritage, we are confident in our ability to maintain


our position as a top industry performer dedicated to efficiency and profitability, as
we continue to deliver exceptional service to our customers.

History2

ZIM's story spans more than half a century. From its beginnings as a carrier of
immigrants from war-torn Europe to the ports of the future State of Israel, ZIM has
grown to become one of the world’s leading shipping companies, operating in
every part of the globe.

The Meaning of ZIM: The Story Behind the Name

1
https://www.zim.com/about-zim
2
https://www.zim.com/about-zim/history
It was David Remez, Israel's first Minister of Transportation, who came up with
the name "ZIM". Remez was inspired by a passage in the Bible (Numbers 24:24),
in which the Hebrew word ZIM refers to a number of large vessels. This very
appropriate, historic name therefore reflects one of the company's earliest goals:
building a large merchant fleet.

ZIM: A Symbol of Strength

The ZIM company flag is based on an iconic pennant originally designed by


Theodor Herzl in 1896. Herzl intended that this would one day be the national
emblem of the State of Israel. Herzl’s original banner featured seven golden stars
on a white background. The funnels of ZIM’s ships are also painted in these colors,
making every ZIM vessel instantly recognizable at sea.

The beginning: A company with purpose

ZIM was established in 1945 by the Jewish Agency, Histadrut labor federation,
and the Israel Maritime League. The company's first ship, the Kedmah, was
purchased in 1947. The early fleet included ships that were refitted to carry
immigrants from Europe and to bring much-needed supplies during the 1948 War
of Independence, and the difficult early years of statehood.

Expansion & Growth: 1953-1968

1953 began a 15-year run of global expansion for ZIM, during which the company
acquired 36 passenger, cargo, bulk-carrier, and container ships, and launched a
range of passenger and cargo services. ZIM discontinued its passenger services in
the late 1960s, as air travel became more popular and widely accessible. Now, ZIM
was ready to dedicate all its energy and resources to international cargo shipping.

Pioneers of the Container Revolution

In 1969, approximately 50% of ZIM was acquired by the Israel Corporation. By


ZIM’s 25th anniversary in 1970, the company owned 77 ships, chartered 70 ships,
and operated 19 major cargo lines, carrying 4.3 million tons of cargo annually.
Next, ZIM made the bold move into container shipping. ZIM was a pioneer in this
area, one of the first carriers in the world to adopt the technology that was new at
the time, yet destined to dominate the shipping industry in the decades to come. To
this end, the company acquired six specialized container ships, in addition to
containers and shore equipment

In 1972, ZIM introduced the innovative ZCS. The “ZIM Container Service” was a
three-continent line, with a scheduled 100-day journey that originated in Israel and
included ports of call in the Far East, Asia, America and Europe. During this
period, ZIM also deployed tankers to carry crude oil from Iran to Israel, and
finished goods from Israel to Europe.

During the late 1980s, ZIM embarked on a massive fleet renovation and expansion
project. From 1990 to 1997, ZIM built 15 modern ships, enabling the company to
offer a weekly fixed-day sailing schedule, positioning ZIM among the world’s top-
ranking shipping companies.

In response to the global shipping crisis in 1997, a result of the financial crisis in
Asia, ZIM launched a new effort to optimize the company’s operations through
increased efficiency and focused expansion. The company added 13 new 5,000
TEU container ships to its fleet, increasing ZIM’s cargo capacity by a remarkable
50% within two years.

The New ZIM

In 2004, the Israel Corporation acquired ZIM shares held by the government,
completing ZIM's privatization process. A new ownership structure was
established following a large-scale financial restructuring in 2014.

Following an intensive and profound transformation process which started under


Eli Glickman, ZIM President & CEO Appointed in 2017, the company’s
successful IPO on the New York Stock Exchange in early 2021 marked both a
significant milestone in ZIM’s 75-year history - and an important inflection point.
The new ZIM is a digital shipping company with a modern spirit focused on
innovation, agility, and a customer centric approach. The main pillars of ZIM’s
differentiation are the actively managed fleet capacity model, exceptional agility
and technological innovation through business intelligence, big data, artificial
intelligence, and technological partnerships. In recent years ZIM initiated new
dedicated lines, responding to market dynamics. ZIM’s ESG principles are another
central pillar, guiding ZIM’s activity in all fields.

Operational statistics

 Annual turnover 2018: $3.2 billion


 TEU's Carried in 2018: 2,914,000 million
 Total TEU Capacity (owned and chartered vessels): 344,460 TEU's
 Containers: over 547,000 TEUs of various types
 About 70 vessels, 13 fully or partly owned
 Ports of Call: 180 throughout the world, with 10 strategically located hubs
 Services: Over 70 lines and services, mostly on a weekly, fixed-day basis,
covering all major trade routes with regional connections
 Employees: ~4200
 Regional Headquarters: Haifa (Israel), Norfolk, Virginia (USA), Liverpool
(United Kingdom), Hamburg (Germany), Hong Kong
 Agents: ZIM has more than 170 offices and representatives in over 100
countries throughout the world3

More digital services offered by ZIM:

Ownership & Management

ZIM – A solid base for worldwide success

ZIM shareholders are Kenon Holdings Ltd. (32%) and Financial Institutions and
Ship-Owners (68%).

This constitutes the solid foundations from which to expand ZIM's activities, and
the strong support needed in order to lead ZIM further with new, outstanding
shipping services and solutions.

ZIM's Management Team

Aharon Fogel Rafi Danieli


Chairman of the Board President & Chief Executive Officer
fogel.aharon@il.zim.com Danieli.Rafi@il.zim.com

3
https://web.archive.org/web/20151002080711/http://www.zim.com/aboutus/pages/factsandfigures.aspx
David Arbel Dudi Avni
Chief Operations Officer VP Customer Service
Arbel.David@il.zim.com Avni.Dudi@il.zim.com

ZIM Vision

We cross oceans for our customers, carrying goods around the world.

Our excellent service, creative and efficient solutions will establish ZIM as the
preferred carrier of companies worldwide.

ZIM Mission

Becoming one of the 5 most profitable shipping line companies by 2018*

*Determined by EBIT margin

Their Values

Value #1: We cross oceans for our Customers

Value #2: We believe our best asset is our People

Value #3: We always strive to optimize our Efficiency

Value #4: We constantly seek Creative Operational Solutions

Value #5: We nurture long-term Partnerships

Value #6: We care for the Land, Sea & Community

Value #7: We promote our Star Quality Spirit


Safety & Quality

ZIM is committed to maintaining the highest standards of quality and safety, for
our customers and employees, as well as for the community and the environment.

At ZIM, we see our job as part of a wider social responsibility to better our world.
This vision begins at home with our uncompromised approach to occupational
safety, and extends to our environmental standards and community projects that
are creating a positive impact across the globe.

Occupational Safety
Safety on the job is our highest priority. All operational activities at ZIM adhere to
the highest standards of maritime safety, and all our vessels comply with
International Safety Management regulations. Our employees undergo regular
safety training, and we rigorously monitor compliance levels to ensure our
employees stay safe. ZIM is also C-TPAT certified by the US Customs & Borders
Protection.
View ISM certificate.

Cargo Incident Notification System (CINS)


CINS is a shipping lines initiative, launched in September 2011, developed to
increase safety in the supply chain, reduce the number of cargo incidents on-board
ships and highlight the risks caused by certain cargoes and/or packing failures.
CINS permits analysis of operational information on all cargo and container
incidents which lead to: Injury or loss of life, Loss or serious damage of assets and
Environmental concerns. Data relating to any cargo incident on-board a ship is
uploaded to the CINS database. Membership of CINS comprises over 60 percent
of the world’s container slot capacity.
Our Safety Target is: Zero fatality records!
ZIM is a member of CINS since 2011.
http://www.cinsnet.com/
June 2014: CINS project was the winner of the 2013 Containerisation International
(CI) “Corporate Social Responsibility” Award.

Environmental Protection

In keeping with our pioneering tradition, ZIM was one of the first shipping
companies in the world to receive Environmental Management certification ISO
14001 for its company-owned fleet. On some major services, we operate Super-
Slow Steaming to enable substantial fuel savings and significantly reduced CO2
and NOx emissions. In addition, the ZIM fleet complies with all relevant treaties
for the prevention of marine pollution, including MARPOL, IMDG, ballast water
management, oil spills (SOPEP), sewage, garbage, and air pollution standards.
ZIM ships use low-sulfur fuels, and are also equipped for the use of electric shore
power while in port (cold ironing), to reduce the environmental impact of the main
engines. Wherever we are in the world, ZIM takes the future of our environment to
heart.
Our Environmental Target is: to improve our average environmental emissions
every year, by at least 1%! We also aim at reducing it by at least 10% in the next
10 years between 2015 and until 2025!

The Clean Cargo Working Group


ZIM is a member of the Clean Cargo Working Group, a global shipping industry
initiative dedicated to improving the environmental performance of marine
container transport through measurement, evaluation, and reporting. ZIM
acknowledges its commitment to the environment and its long-standing policy of a
responsible and far-sighted approach to protecting the seas and the planet.

Serving the Community


ZIM has a strong and long-standing commitment to the communities in which we
operate. Our staff places a high priority in getting involved with many aspects of
communal life. One example is an innovative after-school program for at-risk
children, which provides a surrogate home environment, hot meals, and homework
assistance on a daily basis for children aged 6 to 17. ZIM is proud to contribute
financially to this important program, in addition to the time and energy devoted
by our staff as volunteers.

ZIM is working in communities worldwide to support social initiatives such as


these, where they are needed most.
Assured Quality

At ZIM, our dedication to quality is certified and assured. We maintain the very
highest standards of quality in every aspect of container shipping, and hold all
relevant international and industry certifications. Certificates:
ZIM Shipping Line Network

Asia - Africa

Asia - America

Asia - Europe

Asia - Oceania

Asia - South America East Coast

Intra America Caribbean

Intra Asia

Intra Mediterranean And Black Sea

Mediterranean - North America

Mediterranean - North Europe

Mediterranean - South America East Coast


Zim Integrated Shipping Services Stock Performance5
4
https://www.zim.com/media/8828/2020-09-30-notice-to-maya-q3-2020-financial-results-final.pdf
5
https://pitchbook.com/profiles/company/60592-60#stock
(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Aver

$17.51 $17.63 $16.23 - $91.23 $2.1B 120M

Zim Integrated Shipping Services Financials Summary


In Thousands, TTM30-Sep-2022 FY 202131-Dec-2021 FY 202031-Dec-2020
USD

EV 4,072,514 6,986,825

Revenue 13,839,100 10,728,700 3,991,696

EBITDA 8,924,200 6,595,500 1,003,430

Net Income 5,910,300 4,640,300 517,961

Total Assets 11,994,600 9,841,838 2,824,241

Total Debt 4,684,600 3,323,209 1,832,056

Statistics by Forbes6
ZIM Integrated Shipping Services
NYSE: ZIM
Haifa, Israel
$17.09
-0.42 (-2.40%)
Share Price
as of December 27 2:21:41 PM EST
ZIM Integrated Shipping Services Company Stats
Industry: Transportation
Founded1945
Headquarters: Haifa
Country: Israel
Chief Executive Officer: Eliyahu Glickman
Employees: 5,931

Forbes Lists

6
https://www.forbes.com/companies/zim-integrated-shipping-services/?sh=440669144ac9
#1177
Global 2000 (2022)

ZIM Integrated Shipping Services Financial Summary

Select year
Revenue
$10.7B
Assets
$9.8B
Profits
$4.6B

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