Zim Records 90% Return in Its New York Flotation

  • Zim Integrated Shipping Services Ltd. (NYSE: ZIM) is perceived by many as an Israeli shipping company mainly identified with heavy losses and debt settlements.
  • After a dream year in 2020 the company’s stock turned into a success story with a return of almost 90% within six weeks.
  • So how did a loss-making company on the brink of collapse become one reporting huge profits, and who are the main winners?

A recent news article published in the Globes written by Shiri Habib-Valdhorn reveals that Zim...

https://mfame.guru/zim-records-90-return-in-its-new-york-flotation/

Our Small Size Is Now An Advantage, Says ZIM Chief

Israeli container ship operator ZIM Integrated Shipping Services Ltd. is trying to turn its small size into an advantage in a business dominated by outsize carriers running megaships in global supply chains, says an article published in The Wall Street Journal.

The company is touting its “flexibility and agility” to capitalize on the surging demand from mainly Western retailers looking to circumvent shipping logjams by using premium-priced, point-to-point services.

About ZIM

ZIM, which has...

https://mfame.guru/our-small-size-is-now-an-advantage-says-zim-chief/