Zim has reported a 787% increase in net income for 2021 and is promising more of the same this year.

The Israeli container line raked in $4.65bn in net income compared with $524m for the full year of 2020, after a 366% rise in fourth-quarter profit, which reached $1.7bn.

The result exceeded analysts’ expectations, with adjusted Ebtida for the fourth quarter hitting $2.36bn,