Zim

6 Articles
International Maritime

Zim Appoints New CEO Without Shipping Background

Zim has announced Dr. Chen Lichtenstein as its new President and CEO as the NYSE-listed continues to move forward on a merger with...

International Maritime

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...

International Maritime

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...

International Maritime

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...

International Maritime

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...

International Maritime

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...