Out Fox The $treet

Update - Mar.7, 2025 A CEO led deal right now makes no sense with shipping rates set to collapse and the Drewry World Container Index already down to $2,541. -ZIM Integrated Shipping (NYSE: ZIM) +7% - Shares soared amid takeover speculation, following reports that CEO Eli Glickman is exploring a management-led buyout of the Israel-based shipping firm. According to a StreetInsider report citing an unidentified source, Glickman is working with advisers on a potential bid, though it remains unclear whether his efforts will materialize or if the board will be receptive. The company is set to report its Q4 earnings on Wednesday. Original article posted on January 21.   ZIM Integrated Shipping Services Ltd. faces a bearish outlook due to the expected collapse in shipping rates following the end of the Red Sea disruption on a Hamas/Israel ceasefire. The container shipping market faces a potential 25% tonnage oversupply and an 11% drop in TEU-mile demand by the sector returning to the Suez...

Update - Jan. 5, 2023 ZIM has surged to $15 due to ongoing issues in the Red Sea with the Houthi's attacking container ships. While shipping rates have surged, the issues will just add to the capacity problems through 2025 with new vessels coming online, instead of low rates revolving the problems. -New container shipping equal to about 11% of the current fleet will enter the seas this year, according to DNB Markets estimates. DNB reckons shippers will add additional capacity equal to 7% of the current fleet in 2025. And the brokerage estimates that fleet utilization was only about 70% in 2023 before the disruptions—well below levels in recent years which have consistently been over 80%. Original article posted on Dec. 31, 2023  Shipping stocks like ZIM Integrated Shipping Services Ltd. have surged due to disruptions in the Red Sea caused by Houthi militants. The attacks have led to longer travel times for ships, boosting container shipping rates to Europe and the East Coast of the...

  ZIM Integrated Shipping Services reported a solid Q4 2022 earnings beat while container shipping rates continue to plunge. The company announced a surprising $6.40 dividend payout for Q4, including a partial true-up of 14% for the year. ZIM Integrated Shipping stock is expensive, with the tough container shipping market likely to make hitting aggressive financial targets difficult, likely leading to an elimination of the dividend. After  reporting a beat  to Q4 earnings expectations,  ZIM Integrated Shipping Services Ltd.  ( NYSE: ZIM ) rallied on hopes a strong dividend would continue. The management team provided a large range of financial outcomes for 2023 and investors  shouldn't assume the best possible outcome. My  investment thesis  remains Bearish on the stock after this initial rally heading into a big dividend payout for Q4. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer p...