ZIM Integrated Shipping Services .(ZIM) - 2024 Q1 - Earnings Call Transcript

Overall market dynamics still point to supply growth significantly outpacing demand growth with significant deliveries this year and to a lesser extent next year as well. As such, our longer-term expectation for the market has not changed. It remains our view that, once the Red Sea crisis is resolved, we will likely revert to the supply-demand scenario that had begun to play out in '23. We maintain the view that the industry will face a more challenging second half of this year irrespective of the duration ...