Comment / Supply chain radar: The Ceva of container shipping – ZIM's balance sheet is blowing up

You probably remember when I wrote this recently: Israel’s ZIM is (again) on a wing and a prayer, but it doesn’t matter.

So, you should be safe in the knowledge that the carrier must abide by certain financial covenants – it was all good in the first quarter (Q1).

Phew.

Tiny little details

In truth, while the headline story here is that certain headline metrics doubled – those adjusted numbers should have been adjusted for comparable purposes; it’s tricky, right – that’s only because accounting changes, new standards ...