Zim ‘no longer in distress’ as it posts record profits
Higher freight rates and an increase in liftings see Zim profits surge despite pandemic challenges
Zim has no intention of competing on scale with its larger rivals, but will compete on profitability. After paying off debts and lining up an IPO, chief executive Eli Glickman says the line is now a much stronger company and could differentiate itself by its better results
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