Here are 1-3 brief analogies for ZIM Integrated Shipping Services (ZIM):

• A FedEx or UPS for massive ocean freight containers: Imagine a global logistics giant like FedEx or UPS, but instead of focusing on parcels and air cargo, ZIM specializes in moving huge containers of goods across oceans between continents.
• A global long-haul trucking company, but on the ocean: Think of a major trucking company that moves goods across vast distances, but substitute their trucks with giant container ships and their highways with the world's oceans.
• A global railroad system for the seas: Similar to how large railroad companies transport vast quantities of goods in freight cars across continents, ZIM operates a fleet of container ships connecting major ports worldwide.

• Container Shipping: Global maritime transportation of various types of cargo using a fleet of container vessels across major trade routes.
• Special Cargo Services: Specialized handling and transport of oversized, hazardous, or temperature-controlled goods requiring specific containers and expertise.
• Intermodal Logistics: Seamless door-to-door transportation solutions that integrate sea freight with land-based rail and truck services.
• Digital Shipping Tools: Online platforms and applications for booking, tracking, and managing container shipments efficiently.

ZIM Integrated Shipping Services (ZIM) primarily operates as a business-to-business (B2B) company, providing container shipping and logistics services to other businesses.

According to ZIM's financial filings, including its latest Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the company has a large and diverse customer base. No single customer accounted for more than 10% of its revenues for the years ended December 31, 2023, 2022, and 2021. Therefore, ZIM does not have individually identified "major customers" in the sense of a single entity contributing a significant, material portion of its revenue that would require specific disclosure.

Instead, ZIM serves a broad range of companies across various industries. Its primary customer categories include:

• Global and local freight forwarders: These companies specialize in organizing shipments for individuals or corporations to get goods from the manufacturer or producer to a market, customer, or final point of distribution. They act as intermediaries, consolidating cargo and managing logistics.
• Non-Vessel Operating Common Carriers (NVOCCs): NVOCCs act as common carriers by issuing their own bills of lading and assuming responsibility for the shipments, but they do not operate the vessels themselves. They typically consolidate freight from multiple shippers and purchase space in bulk from actual shipping lines like ZIM.
• Beneficial Cargo Owners (BCOs): These are the actual owners of the cargo being shipped. This category encompasses a wide array of businesses, such as leading retailers, manufacturers, and distributors, who directly contract with ZIM or through freight forwarders/NVOCCs to transport their goods globally.

As ZIM does not disclose the specific names of individual customer companies due to the diversified nature of its customer base and the lack of any single customer reaching a material disclosure threshold, it is not possible to list specific public or private customer companies with their symbols.

XT Holdings Ltd. (Private)

Eli Glickman President & Chief Executive

Eli Glickman has served as ZIM's Chief Executive Officer and President since July 2017. He has multiple decades of leadership experience, having previously served as Chief Executive Officer of the Israeli Electric Corporation from 2011 to 2015. Prior to that, he was Deputy Chief Executive Officer and VP Customers of Partner — Orange Cellular Communication, and also served as CEO of Exel MPL, a logistics company, from 2003-2005. He is credited with transforming ZIM into a global industry leader through strategic shifts focused on innovation and data-driven initiatives.

Xavier Destriau Chief Financial Officer

Xavier Destriau has been ZIM's Chief Financial Officer since June 2018, bringing over 20 years of financial management experience. He previously spent more than ten years at CMA CGM, one of the world's largest transportation and shipping companies, where he held senior positions such as CFO Asia and Vice President — Head of Group Financing. At CMA CGM, he focused on managing consolidated group debt and developing a diversified financing strategy with a strong Asian focus. Before CMA CGM, Mr. Destriau was a Financial Planning and Analysis Manager for Europe at Honeywell Inc. He also served as Strategic Advisor to the Founder and Interim CFO of LTF Partners.

Eyal Ben-Amram Chief Information Officer; Executive Vice President

Eyal Ben-Amram has been ZIM's Chief Information Officer and Executive Vice President since July 2015. Before joining ZIM, he served as the Vice President of Operations at N-trig from January 2010 to June 2015. His prior experience also includes serving as Vice President of Operations at Scitex Vision and Aprion Digital from 1999 to 2002.

David Arbel Chief Operations Officer; Executive Vice President

David Arbel has served as ZIM's Chief Operations Officer and Executive Vice President since July 2015. He previously held senior positions in the Israeli Navy, where he was honorably discharged at the rank of Colonel as Head of the Planning, Maintenance and Logistics Division after 28 years of service.

Saar Dotan EVP Countries & Business Development

Saar Dotan is the EVP Countries & Business Development at ZIM.

ZIM Integrated Shipping Services (ZIM) primarily operates in the global container shipping and freight forwarding markets. The company provides international shipping lines, cargo services for various types of goods (dry, reefer, special cargo), and comprehensive logistics solutions including inland transport, customs brokerage, and digital tracking services like ZIMonitor.

Addressable Market Sizes:

• Global Container Shipping Market: The global container shipping market size is estimated at USD 119.65 billion in 2025 and is projected to reach USD 139.45 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 3.11% during the forecast period.
• Global Freight Forwarding Market: The global freight forwarding market size shows some variation across reports but is generally in the hundreds of billions.
  • It was estimated at USD 216.47 billion in 2024 and is projected to reach USD 285.60 billion by 2030, with a CAGR of 4.9% from 2025 to 2030.
  • Another estimate places the market size at USD 572.25 billion in 2025, expected to reach USD 740.85 billion by 2030, at a CAGR of 5.30%.
  • A further estimate valued the market at USD 164.8 billion in 2024 and projects it to reach USD 255.6 billion by 2033, growing at a CAGR of 5.2% during 2025–2033.

1. Fleet Modernization and Efficiency: ZIM has been integrating a substantial number of newbuild vessels into its fleet during 2023 and 2024. This modernization is expected to enhance the company's cost structure and operational efficiency, potentially leading to more competitive service offerings and increased capacity utilization, thereby driving revenue.
2. Strategic Expansion in Key Trade Lanes and Niche Markets: ZIM is actively pursuing expansion in specific geographical regions, including strengthening its presence in Southeast Asia (such as Vietnam and Thailand) and has achieved volume growth in Latin America. This targeted approach, aligning with its "global-niche strategy," aims to capture market share and generate revenue growth in advantageous markets.
3. Enhanced Service Offerings and Operational Agility: ZIM emphasizes its "commercial & operational agility" and the flexibility to adjust its fleet size and services. This includes the introduction of new services, such as those catering to Latin America, which can create new revenue streams and improve the company's ability to meet existing market demand.
4. Growth in Specialized Cargo Segments: The company's non-containerized cargo segment, primarily its car carrier services, has been a notable contributor to revenue. Further expansion or optimization within these specialized shipping areas could serve as a distinct driver for future revenue growth.

Share Repurchases

• ZIM Integrated Shipping Services has not made any share repurchases in the last 3-5 years.

Share Issuance

• In February 2021, ZIM completed its Initial Public Offering (IPO), raising gross proceeds of $217.5 million by offering 14,500,000 ordinary shares at $15.00 per share.
• A secondary offering occurred in June 2021, where certain selling shareholders sold 8,021,250 ordinary shares at $40.00 per share; ZIM itself did not issue new shares or receive proceeds from this transaction.

Inbound Investments

• No significant inbound strategic investments by third-parties (e.g., strategic partners or private equity firms) have been reported for ZIM Integrated Shipping Services within the last 3-5 years.

Outbound Investments

• ZIM invests in early-stage companies developing disruptive technologies in shipping, broader supply chain and logistics, and sustainability-related sectors to enhance customer offerings and serve as future growth engines.

Capital Expenditures

• ZIM launched a transformative fleet renewal program in early 2021, securing 46 newbuild vessels, including 28 LNG-powered containerships, through long-term charter agreements, with completion expected by 2025.
• Total capital expenditures were $1,005 million in 2021, $116 million in 2023, and $214 million in 2024.
• Capital expenditures for the first quarter of 2025 totaled $78 million, with the fleet renewal program aiming to improve cost structure and reduce carbon emissions.