ZIM Shipping stock proves unsinkable despite Red Sea disruptions

Key PointsIsrael-based ZIM Shipping shares have risen 36% year-to-date (YTD) despite the Red Sea disruptions from Houthi attacks on shipping vessels.Spot freight rates from China to some European destinations have skyrocketed up to 133%.ZIM Shipping has a 24.79% short interest.5 stocks we like better than ZIM Integrated Shipping ServicesThe Houthi attacks on cargo ships in the Red Sea have caused widespread disruptions and economic ramifications for the transportation sector, with cargo and dry bulk shippin ...