“How troubled is ZIM? I asked my sources, following a second-quarter update that did little to boost the bulls’ morale in the liner industry? “The damage can be contained,” one senior industry executive argued, which was generally a bullish view shared by others, including ZIM insiders. However, I expect the Israeli ocean carrier will find it hard to avoid another round of financial restructuring as soon as next year, following those between 2014 and 2016.” To learn more, see the original story at The Loadstar.
Source: The Loadstar (JB)
Source: The Loadstar