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2023 profitability of container carriers near pre-pandemic levels
ZIM, Yang Ming and Wan Hai recorded EBIT losses in FY2023; four shipping lines had EBIT of over $1bn
ZIM reports 2023 loss of $2.7bn on lower freight rates
For the fourth quarter of 2023, revenue declined 45% to $1.2 billion & net loss came in at $147 million