ZIM Integrated Shipping Services saw a significant surge in its stock price, opening up 10% and reaching a 52-week high following a strong earnings report. The company raised its full-year 2024 guidance, now expecting adjusted EBITDA between $3.3 billion and $3.6 billion and adjusted EBIT between $2.15 billion and $2.45 billion. Despite a rough trading day for the shipping sector in Europe, where tankers experienced broad losses of 2-4%, ZIM's stock remained resilient. The company's volume reached 13.6 million shares traded, although it later dipped to around $29.30 after hitting a high of $30. The Baltic Clean Tanker Index (BCTI) rose by 6% to 600, indicating some strength in the tanker market, while the Baltic Dry Index (BDI) fell by 11 points to 1,616. Overall, the shipping indices reflected mixed performance, with container freight futures showing a recent upward trend, though they opened down 1.6% today.