Zim beats market on growth, but warns the future 'may be complicated'
Surging revenues and volumes have left Zim optimistic over its prospects for 2025, but it ...
The extraordinary shake-up of the shipping industry continues as it emerged yesterday that, following recent share price movements in European bourses, Hapag-Lloyd was recently worth as much as $10bn more than the entire AP Møller-Maersk group.
Another way of putting it is that the market cap of Hapag-Lloyd is currently equal to AP Møller-Maersk and Zim combined.
From the close of Friday’s trading to midday yesterday, the spread in respective market capitalisations has widened from about $4.5bn to as much as almost $10bn – ...
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