One of the most risks to Israeli companies in the World Trade War Zim Integrated Shipping Services Ltd. (NYSE: ZIM), which charges goods in containers and runs a large number of Chinese -Chinese roads.
The ZIM price fell 16.4 % in Wall Street on Thursday and another 7.2 % on Friday, with the maximum $ 1.5 billion market, providing all its gains in 2025.
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“Globes” said about the potential impact of commercial tariffs after the publication of the shipping company last month, which are very serious external effects that can shake the shipping market, and it exceeds our control. At the same time, another worker mentioned that could negatively affect the company – a planned policy in the United States to impose a $ 1.5 million tax per visit by an American port by a ship made in China.
Zim was a volatile stock – the company held the public subscription on the New York Stock Exchange in 2021, with a rate of $ 1.5 billion, and reached 10 billion dollars during the roaming epidemic, and declined to less than one billion dollars in 2023. The channel, which forced shipping companies to move in Africa.
The longest roads led to a decrease in saving and containers, and the rise in maritime transport prices, which were reflected in the company's strong reports in 2024. Zim recorded a growth of 63.3 % in revenue to $ 8.4 billion, and the move from the loss to a net profit of $ 2.15 billion, and modified in interest (pre -interest profits, taxes, consumption and inlaid. The largest shareholder benefited in the company, Idan Offer Kenon (NYSE: Ken; Tase: Ken), from increased shares and sold his remaining property in Zim with great profit – apparently, in the past, especially a particularly good timing, before sharp declines.
It was published by Globes, Israel Business News – En.globes.co.il – on April 6, 2025.
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