ZIM Integrated Shipping Services : is upgrading its Container Service Turkey (ZCT) to a weekly service

HAIFA, Israel, April 24, 2022 -- ZIM Integrated Shipping Services (NYSE: ZIM) announced today that as of mid-May 2022, the transatlantic ZIM Container Turkey service (ZCT) will become a weekly service, providing an enhanced connection between Turkey and the United States East Coast.

ZCT, originally introduced by ZIM to cater to customer needs and provide much needed capacity to the market in this trade route, will continue to offer fast transit time and high schedule reliability, now with a weekly fixed-day frequency.

Service rotation starting May 2022 will be as follows:

Mersin - Yarimca - Aliaga - Tangier - New York - Norfolk - Savannah - Tangier - Mersin

ZIM EVP Cross Atlantic, Rani Ben Yehuda, stated: "The enhanced weekly ZCT Service is part of our continued efforts to introduce agile, efficient and reliable solutions to emerging market needs."

About ZIM

ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets in which it operates. Founded in Israel in 1945, ZIM is a veteran shipping liner, with decades of experience providing customers with innovative seaborne transportation and logistics services, and a reputation for industry-leading transit times, schedule reliability and service excellence. Additional information about ZIM is available at www.ZIM.com

Forward-Looking Statements

This press release contains or may be deemed to contain forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to risks, uncertainties and assumptions about the Company, may include projections of the Company's new service capabilities and advantages, future financial results thereof, as well as its anticipated growth strategies and anticipated trends in its business. These statements are only predictions based on the Company's current expectations and projections about future events or results. There are important factors that could cause the Company's actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause such differences include, but are not limited to: market changes in freight, bunker, charter and other rates or prices, new legislation or regulation affecting the Company's operations, new competition and changes in the competitive environment, the outcome of legal proceedings to which the Company is a party, and other risks and uncertainties detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission, including under the caption "Risk Factors" in its 2021 Annual Report.

Although the Company believes that the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company assumes no duty to update any of these forward-looking statements after the date hereof to conform its prior statements to actual results or revised expectations, except as otherwise required by law.

ZIM Contacts

Media:

Avner Shats
ZIM Integrated Shipping Services Ltd.
[phone]
[email protected]