New York-listed liner operator Zim expects earnings of more than $6bn this year after notching up another its highest ever quarterly profit.

The Israeli carrier has lifted adjusted Ebitda guidance for the full year to between $6.2bn and $6.4bn.

That is up from a forecast of around $5bn in August and is four times higher than the company expected at the start of the year.

The upgrade comes after Zim today reported a tenfold increase in profits to $1.46bn