Zim reports ‘improved’ results in Q3 as VSA with 2M continues to pay dividends

Israeli container shipping carrier Zim today reported it overcame a marginal decrease in volumes in the third quarter to post a net profit of $5m.
This is a significant improvement over the $6.6m net loss recorded in the same period last year.
The line said it carried 725,000 teu in Q3, a 0.7% year-on-year decline on the third quarter of 2918, when it carried 730,000 teu.
However, revenues were up 0.2% year on …

The post Zim reports ‘improved’ results in Q3 as VSA with 2M continues to pay dividends appeared first on The Loadstar.

Source: The Loadstar

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