OceanX: Checking in with the zombies...via WiseTech
We smell blood…
What a week again, the wheel just does not stop turning.
First and foremost, ZIM results were out: +11% volume growth for the quarter, +10.4% for the first half (well above our CTS benchmark at +7.1%).
Elsewhere, top of the pops: the DB Schenker sale took another (!!!) step forward, as final binding offers* have been submitted by the survivors in the auction… one from DSV and the other from a consortium led by private-equity shop CVC Capital ...
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