Zim has begun to turn around losses as it reaps the benefits of its partnership with the 2M Alliance.
The Israeli liner operator reported a net profit of $5.1m in the second quarter, compared with a $33.2m loss in the previous year.
Losses over the first six months were $19.2m, down from $67.3m in the same period last year.
“Zim’s results for the first six months of 2019 are encouraging,” said CEO Eli Glickman.
