Port News & Information Mediterranean, Black & Caspian Seas

ZIM reports Q4 and Annual Results for 2016

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ZIM is Back to Profit in Q4 2016 ZIM generated a net profit of $4.6 million (€4.31 million) and adjusted EBITDA of $43.9 million (€40.88 million) in Q4 2016, a significant improvement over Q3 2016. ZIM carried 2.4 million TEUs in 2016, a 5.2% increase compared to 2015 ZIM continued to record improved results and…

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