ZIM Q3 2022 earnings

Realized I had commented on the METAR board, but not done a summary on ZIM here.

Given ZIM’s spot exposure, I expected a drop in both revenue and net income. Yet, the drop was only significant in one metric. Will Q4 also have a continued downward trend? From their adjustments, … probably.

Their significant cash position is good. But their vessel lease obligations still represents a significant offset.

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