Container

Zim lowers guidance due to economic and geopolitical uncertainty

Geopolitical uncertainties and declining freight rates are felt in the container market, causing Israeli Zim to downgrade its 2022 guidance.
Photo: ZIM Integrated Shipping Services
Photo: ZIM Integrated Shipping Services
by ASTRID STURLASON

Israeli container line Zim has lowered its expectations for the rest of 2022, citing geopolitical uncertainties that have changed the container market outlook. The downgrade came alongside the company’s third-quarter report.

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