ZIM has slashed its 4Q 2022 EBIT earnings forecast to $440m from $740m, compared
to $1,554m in 3Q 2022 due to falling freight rates and weaker liftings.
Although ZIM has emphasized its commercial and operational agility, this will be
tested over the next 2 years as it takes delivery of more than 50 newbuildings
and committed vessel charters that will raise its operated capacity by some 70%
(before charter redeliveries). Zim’s heavy reliance on chartered tonnage since
its financial restructurin