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Ambitious Zim heads for the acquisition trail after massive Q2 profit

Ambitious Zim heads for the acquisition trail after massive Q2 profit

New York Stock Exchange-listed container line Zim is looking to accelerate its growth via acquisitions, after recording a net profit of $888m in the second quarter from a 44% increase in its liftings.
The Israeli carrier’s Q2  profit was higher than that accumulated over the past five years.
Revenue for the second quarter was $2.38bn, compared with $795m in Q2 20, from carryings of 921,000 teu, with a well-above industry par average …

The post Ambitious Zim heads for the acquisition trail after massive Q2 profit appeared first on The Loadstar.


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19 August 2021, 15:25