Zim recovery continues despite weak fourth quarter
A tight focus on costs and having the flexibility to modify its network mean Zim has been able to concentrate on areas where it feels it has a competitive advantage. But it is still at the mercy of freight rates, and has concerns over rising capacity and increasing bunker costs.
Israeli line bounces back into the black for 2017, but warns of volatility and overcapacity as fourth quarter sees losses despite increased revenues
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