Zim’s return to the black in Q2, the carrier’s first net profit since Q317, confirms a trend of container lines giving up their chase for market share in favour of profitability, according to analyst Lars Jensen.
“Zim has followed the path of trading lower market share for improved yield,” he said.
The Israeli carrier posted a Q2 net profit of $5m, despite a year-on-year volume decrease of 5.3%. But its liftings consisted …
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