ZIM Integrated Shipping Services, Israel’s top container shipping company announced a massive dividend payout of $3.65 per share, including a $100 million special dividend. Think of it as ZIM handing out free money to its investors after raking in record profits this quarter. ZIM reported a net income of $1.1 billion, flipping last year’s losses. Revenue hit $2.7 billion, blowing past estimates.

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Visit levelfields AI for real-time, price altering alerts like these! This is the result of The Red Sea conflict that shook up global shipping routes. With Houthi rebels targeting vessels, companies are avoiding the region, leaving Zim to dominate the waters. U.S. airstrikes have responded to protect shipping lanes, but the disruptions are keeping freight rates steady—great news for ZIM's bottom line.

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On top of that, ZIM’s fleet expansion is nearly complete, with 46 new vessels, including 28 LNG-powered ships, that cut costs and emissions.

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