ShippingWatch

Zim reduces deficit in first quarter despite virus outbreak

Israel's Zim books a net loss of USD 11.9 million for the first quarter, which was an improvement upon last year. The shipping line's CEO is satisfied with a "significant improvement."

Photo: Zim

Zim reduced its deficit in the first quarter with a net loss of USD 11.9 million compared to USD 24.3 million in the same period last year, according to the interim report.

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