ZIM Integrated Shipping Stock: Prime Beneficiary Of Red Sea Disruptions Buy (NYSE:ZIM)

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Daniel Wright Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. In a surprise twist of fate, Israel-based liner company ZIM Integrated Shipping Services Ltd. ("ZIM") appears to be among the greatest beneficiaries of the ongoing Houthi attacks on merchant vessels in the Red Sea. With the majority of boxships now being rerouted around Africa, the Houthis seem to have addressed persistent industry over-capacities single-handedly. Reuters Over the past week, the Drewry World Container Index ("WCI") has increased by 61% alone. Since the...