Zim Integrated Shipping Services increased volume by 17% in Q2 2018 to around 772,000 TEU, compared with the same period last year, when it carried around 659,000 TEU. The company said that its overall cargo volumes rose from 1.07 million tonnes of freight and passenger cars shipped during Q2, up from 950,000 tonnes a year earlier. Tzomet still requires (among other requirements) a license for the project from the EA. Operating expenses also increased for the carrier as a result of higher bunker expenses, increased cargo handling expenses, larger lease expenses for ships and containers, as well as port expense hikes.
Zim Integrated Shipping Services increased volume by 17% in Q2 2018 to around 772,000 TEU, compared with the same period last year, when it carried around 659,000 TEU. The company said that its overall cargo volumes rose from 1.07 million tonnes of freight and passenger cars shipped during Q2, up from 950,000 tonnes a year earlier. Operating expenses also increased for the carrier as a result of higher bunker expenses, increased cargo handling expenses, larger lease expenses for ships and containers, as well as port expense hikes.