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@levelfieldsai

This Israeli Shipping Giant just Handed Out $400M to Shareholders #houthiattack
This Israeli Shipping Giant just Handed Out $400M to Shareholders #houthiattack
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Nov 202024
This Israeli Shipping Giant Hands Out $440 Million Amid Red Sea Conflict ZIM Integrated Shipping Services declared a $3.65 per share dividend, including $100 million in special payouts, after reporting $1.1 billion in net income and $2.7 billion in revenue this quarter. The Red Sea conflict, with Houthi attacks disrupting shipping routes, has helped ZIM maintain steady freight rates as competitors avoid the region. The company also nears the completion of its fleet expansion, adding 46 vessels, including 28 LNG-powered ships, which improve efficiency and lower emissions. Visit LevelFields AI for alerts like these, and follow for more updates! ‪@levelfieldsai‬ #houthirebels #stockmarketnews #dividends