Comment / On the wires: How a rising tide lifts all boats but threatens to flood ports

On Wednesday Israel’s ZIM Integrated Shipping Services will deliver its first set of results as a company listed on the New York Stock Exchange, and if the recent performance of its share price is anything to go by, investors expect some particularly healthy figures.

At the time of its IPO at the beginning of the year, the investment narrative was that ZIM offered a way for investors to capitalise on the transpacific container trade boom, and this has been borne out ...