News / Disruption gives volumes and revenue a boost, and Zim enjoys profit rebound

Chaos in the Red Sea has seemingly helped turn around Zim’s fortunes, the carrier recording surging profits, revenue and carried volumes for the first six months of the year.

Announcing its H1 performance, the Israeli carrier reported a 30% year-on-year uptick in revenue, to a little under $3.5bn, as Ebit went from a H1 23 loss of $182m to a profit of $635m.

Chief executive Eli Glickman suggested the success was down to the carrier having ...