6-K
ZIM Integrated Shipping Services Ltd. (ZIM)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATEISSUER
PURSUANT TO RULE 13a-16OR 15d-16 OF THE
SECURITIES EXCHANGE ACTOF 1934
For the month of October, 2021
Commission File Number: 001-39937
ZIM Integrated Shipping Services Ltd.
(Exact Name of Registrant as Specified in ItsCharter)
9 Andrei Sakharov Street
P.O. Box 15067
Matam, Haifa 3190500, Israel
+972 (4) 865-2000
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F | x | Form 40-F | ¨ |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes | ¨ | No | x |
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Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes | ¨ | No | x |
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On October 6, 2021, ZIM Integrated Shipping Services Ltd. (the “Company”) issued a press release announcing the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering an online, simple and reliable self-service end to end shipping solution, that will target US & Canadian small and medium-sized businesses importing from China, Vietnam and Israel. A copy of this press release is attached herewith as Exhibit 99.1.
The information in this Form 6-K (including Exhibit 99.1) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| ZIM INTEGRATED SHIPPING SERVICES LTD. | |
|---|---|
| By: | /s/ Noam Nativ |
| Noam Nativ | |
| EVP General Counsel and Corporate Secretary |
Date: October 6, 2021
EXHIBIT INDEX
| EXHIBIT NO. | DESCRIPTION |
|---|---|
| 99.1 | Press Release dated October 6, 2021 |
Exhibit 99.1
ZIM Establishes Ship4wd™, a New DigitalFreight Forwarding Company
Haifa, Israel, October 6, 2021 – ZIM Integrated ShippingServices Ltd. (NYSE: ZIM) announced today the creation of a new subsidiary, Ship4wd, a digital freight forwarding platform offering anonline, simple and reliable self-service end to end shipping solution. Ship4wd will launch on October 18 2021.
Ship4wd willtarget US & Canadian small and medium-sized businesses (SMBs) importing and exporting from China, Vietnam andIsrael.
Relying on ZIM’s vast experience and in-depth knowledge of the shipping industry, along with its proven track record in digital shipping, the new digital freight forwarding company will provide small and medium businesses, as well as entrepreneurs worldwide, a simple and direct solution for shipping cargo – through an advanced ‘one-stop-shop’ digital platform.
The digital service offered by Ship4wd is based on one-stop-shop service covering all aspects of the complex international shipping process. It enables customers without previous experience in cross-border shipping to manage their import and export business simply and efficiently, with live chat 24/7 expert support throughout the process.
The Ship4wdplatform will offer each customer the optimal solution – either the most economic or the fastest option – according to the customer’s preferences. The platform offering consists of both sea and air shipping services up to the final destination, including land & rail transport, with associated logistic services, all backed up by a variety of professional vendors.
Headed by Carmit Hoshen-Glik, an entrepreneurial executive with vast experience in digital transportation and global freight forwarding solutions, Ship4wdis located in Herzliya, one of Israel’s main innovative startup hub.
Eli Glickman, ZIM President & CEO, said: “As a leader of the accelerating digitalization trend within the shipping industry, we are leveraging our expertise to launch an independent digital multi-function freight forwarder, consistent with our strategy of developing growth engines adjacent to our core business. Ship4wd undertakes to manage the entire logistic chain end to end, harnessing our core assets as a leading global carrier with a unique customer-centric approach to provide the optimal digital solution for the SMB segment, backed up by a wide network of vendors including ZIM. The global need for digital services via personal mobile phones and tablets is increasing, especially among small and medium businesses, and Ship4wd is the ultimate solution. We are confident that with Ship4wd’s excellent team it can become a significant player in the multi-billion dollars freight forwarding industry as it will meet a much-needed demand for its services in the market.”
Assaf Tiran, ZIM VP Global CustomerService, also heading Digital Innovation, added: “Similar to the way other groundbreaking platforms such as Airbnb in tourism and Uber in transportation have transformed their industries, we are aiming to enable everyone to be a self-shipper, by simplifying and streamlining the transfer of goods worldwide down to its essence – a ‘few clicks’ shipping solution.”
Carmit Hoshen-Glik, Ship4wd CEO, added: “We believe it’s time for international shipping to become simple, easy and trustworthy for SMBs. Our promise of unremitting reliability and support from industry professionals will offer a much-needed solution for small businesses and entrepreneurs relying on relatively small shipments for their ongoing business.”
About ZIM
ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is a global, asset-light container liner shipping company with a leadership position in the markets in which it operates. Founded in Israel in 1945, ZIM is one of the oldest shipping liners, with over 76 years of experience, providing customers with innovative seaborne transportation and logistics services, with a reputation for industry-leading transit times, schedule reliability and service excellence.
About Ship4wd
Ship4wd is a best-in-class digital-first freight solution that gives small businesses the personal freedom, ease and control to better manage their imports and exports. With full end-to-end visibility and built-in flexibility, Ship4wd is helping businesses to progress and thrive.
Forward Looking Statements
This release contains certain forward-looking statements (as such term is defined in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, including forward-looking statements regarding Ship4wd ability to successfully launch the freight forwarding platform to serve SMB customers, as well as ZIM’s ability to benefit from Ship4wd’s digital freight platform and develop additional growth engines adjacent to its core business. These risks and uncertainties include but are not limited to other factors detailed from time to time in ZIM’s periodic reports and filings with the Securities and Exchange Commission (“SEC”), including ZIM’s annual report on Form 20-F filed with the SEC on March 22, 2021. ZIM expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in its views or expectations, or otherwise. ZIM does not make any prediction or statement about the performance of any of its respective securities.
ZIM Contacts
Media:
Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-8652520
shats.avner@zim.com
Investor Relations:
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
212-477-8438
lberman@igbir.com