In the first quarter of this year, the trend continued reduction in the shipping company's revenues containerized ZIM which in the period amounted to 1.40 billion of dollars, down -30.4% on the first three months of 2025, of which 1.13 billion generated by ocean container shipments (-32,3%). In particular, transatlantic containerized services produced revenues of €507.2 million (-33.9%) against cargo volumes transported equal to 391 thousand TEUs (+1.6%); Revenues generated by Asia-Europe services amounted to 142.9 million dollars (-32.0%) and were transported to this market 66 thousand TEUs (-22.4%); revenues from transatlantic services amounted to €143.2 million (-23.6%) and volumes transported on These routes totaled 114 thousand TEU containers (-18.6%); i intra-Asian services generated revenues of €157.4 million (-16.2%) against transported volumes of 198 thousand TEUs (+2.6%); revenues from services with Latin America amounted to 121.4 million (-47.1%) and these maritime lines transported 97 thousand TEU (-31.2%).

Overall, in the first quarter of 2026, ZIM ships transported 866 thousand TEUs (-8.3%) and in the period the average value of freight rates amounted to 1,310 dollars/TEU (-26.2%).

The latest quarterly financial statements of the Israeli company show EBITDA of $313.0 million (-59.9%) and an operating result and a net economic result both of negative sign and equal to -18.3 million and -86.3 million respectively million, against positive results of 464.3 million and 296.1 million in the first three months of 2025.

ZIM President and Chief Executive Officer Eli Glickman, highlighted that the economic performance of the first quarter of 2015 2026 are broadly in line with expectations and - specified - "reflect a context of more together with a weakening of demand". Regarding the short-term outlook, Glickman noted that "the conflict in the Persian Gulf has caused a strong increase and significant volatility in the costs of bunkering. While the impact on first-quarter results was minimal state - he specified - we expect a more significant in the second quarter, before our actions to offset these costs, including the increase in the transport and bunkering specific surcharges, start to produce their effects. Furthermore - specified Glickman - it is It is important to underline that the ZIM is likely to benefit from Additional benefits from our early adoption of technology LNG and the long-term agreements with Shell that guarantee the supply of liquefied natural gas at competitive conditions. With a fleet made up of about 40% LNG-powered ships, the ZIM not only offers freight forwarders a route to a significant reduction in carbon emissions, but maintains efficient and cost-effective fleet from the point of view of fuel consumption."

"Although market fundamentals remain challenging along the main trade routes of the ZIM - continued Glickman - we have recently observed a positive change in the trend of transpacific trade, with a strengthening of freight rates in line with demand. If this momentum continues, We believe it will support our financial results, in particular in the second half of the year. In parallel, we have concluded the negotiations for the annual contracts, which have entered into effective on May 1, maintaining contract volumes similar to those of last year, with about 65% of our volume transpacific exposed to spot freight rates. This approach is at the our agile business strategy and allows us to Remain flexible and proactive in capacity allocation based on the evolution of demand trends".

Glickman also focused on the merger procedure with the German Hapag-Lloyd currently underway which has been announced last February and was approved unanimously by the Management Board of the ZIM and ratified by the shareholders at an extraordinary shareholders' meeting held on last April 30 ( of 16 February 2026). The president and CEO of ZIM recalled that the completion of the transaction that remains subject to the approval of several regulatory authorities, including State of Israel.