Zim dives into the red on weaker rates

The Israeli container line’s revenue more than halved in 2023 due to ”weaker market conditions, disruptions and operational challenges”.
CEO Eli Glickman describes 2023 as characterized by "weaker market conditions, disruptions and operational challenges." | Photo: Stephen B. Morton/AP/Ritzau Scanpix
CEO Eli Glickman describes 2023 as characterized by "weaker market conditions, disruptions and operational challenges." | Photo: Stephen B. Morton/AP/Ritzau Scanpix

The crisis in the Red Sea at the end of the year was not enough to give Israeli Zim a positive result.

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