Israeli container line Zim could yet make $1bn more profit than analysts have been forecasting this year.
Amid record charter and freight rates, Norwegian investment bank Fearnley Securities revealed the possibility as it hosted a conference call with chief financial officer Xavier Destriau.
The call emphasised that "maybe contrary to many beliefs, Zim actually thrives in this kind of operating environment because of the large gap between freight and time-charter costs," said analysts Espen Landmark Fjermestad, Peder Nicolai Jarlsby and Ulrik Mannhart.
