Independent journal on economy and transport policy
13:31 GMT+1
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In the first quarter, ZIM improved its economic results by halving losses
-4.5% drop in containerized cargo carried by the fleet
May 27, 2020
The company's president and CEO Eli Glickman pointed out that, "despite the unprecedented overall impact of the Covid-19 crisis global economy and in particular the global industry shipping, ZIM was able to mitigate the impact crisis and results for the first quarter of 2020 show improvements in all parameters compared to the same 2019 period, including a substantial generation of cash and the continuation of the reduction in the leverage of our budget'.
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