News / A leaner and meaner Zim looks like sailing into calmer financial waters

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From APL to Zim – ocean freight carriers which publish financial results have now done so for the full-year 2014, or nine months ending 31 March.

2014 proved a better-than-expected year, in terms of volumes, for carriers serving the Asia-Europe tradelane. It saw North European imports increase by 8.2%, compared with the previous year, and vessel utilisation levels average 96.6%, according to Drewry data.

But on the transpacific route, carriers suffered significant costs from vessel delays and the chartering of extra vessels ...