Israel’s Zim Sale To Hapag-Lloyd Hits Political Wall
Israel's political showdown over the $4.2 billion sale of national shipping giant Zim to Germany's Hapag-Lloyd kicked off in earnest this week, as the Knesset’s Economic Affairs Committee…
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Zim
Hapag-Lloyd Acquires Israel’s ZIM For $4.2B In Mega Consolidation Play
Hapag-Lloyd, a leading German container shipping firm, has struck a $4.2 billion all-cash deal to buy Israel's ZIM Integrated Shipping Services, announced around February 15-16, 2026.
ZIM…
ZIM Loses $2.27Billion In Q3 2023
Container line ZIM slumped to a massive $2.27 billion loss in Q3 2023 as it took a $2.06 billion non-cash impairment due to the negative outlook for the container sector.
Taking out the…
ZIM Ship Catches Fire ,Losses 40 Containers,As Coastguard Evacuate 16 Seafarers
A container laden ship Zim Kingston over the weekend lost 40 containers over a storm off the Strait of Juan De Fuca in Canada even as the vessel reportedly caught fire.
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COVID19: ZIM Volunteers To Ship Oxygen To India At $1 Per Container
Sequel to the ongoing COVID19 pandemic in India, management of ZIM shipping have volunteer to carry containers with medical grade oxygen to the country for at a low cost.
ZIM…