Freightos Baltic Index

Is Wall Street warming back up to containership line Zim?

For nearly two years, capital markets have punished Zim, the Israeli containership line whose fleet is the 10th-largest on the ocean. Zim’s model, which involves operating a subscale, highly chartered fleet of smaller vessels almost wholly exposed to the spot market, took a beating when collapsing spot rates collided with its high COVID-era lease expenses. The stock peaked at $84.50 per share on March 18, 2022, and took a series of nosedives before finally bottoming at $6.59 on Nov. 28, 2023.

Bu...

https://www.freightwaves.com/news/is-wall-street-warming-back-up-to-containership-line-zim

What the Red Sea conflict means for domestic transportation

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Chart of the Week: Freightos Baltic Daily Index – China to North American west and east coasts,...

https://www.freightwaves.com/news/what-the-red-sea-conflict-means-for-domestic-transportation

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