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Directly and indirectly, a few event-driven sharks recently reached out to ask whether Israel’s ZIM Integrated Shipping Services was worth their money – just as most of those I talked to believe the residual value in the bonds and stocks of the big guns, the major carriers, and other shipping stocks, such as Atlas Corp and Danaos, may not be worth the pain.

Priced at $15 in January, below range ($16-$19) in one of the most buoyant markets ever for shipping, ahead ...

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