Zim scales up its box ship fleet to challenge its liner rivals
Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten ...
Rumours that Israeli shipping line Zim is once more considering an initial public offering were eventually confirmed a week ago in the small print that accompanied an announcement according to which the carrier is buying up to $58.5m of its debt from bondholders in a Dutch auction process.
The company, which has one of the more chequered financial histories in a sector that specialises in chequered financial histories, has clearly been bolstered by the unexpectedly strong earnings the industry has enjoyed in recent ...
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