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Houthis turning Israeli liner giant Zim into ‘cash machine’

NYSE-listed carrier upgraded as its financial fortunes are reversed by the Red Sea crisis

Zim, led by chief executive Eli Glickman, has gone ‘from cash burn to cash machine’, says equity analyst Jefferies.
Zim, led by chief executive Eli Glickman, has gone ‘from cash burn to cash machine’, says equity analyst Jefferies.Photo: Zim
Published 29 January 2024, 13:06Updated 31 January 2024, 14:06
HouthisZimIsraelRed Sea