Hapag-Lloyd’s $4.2 Billion ZIM Acquisition Reshapes Global Container Shipping Map
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Hapag-Lloyd has agreed to acquire ZIM Integrated Shipping Services for $4.2 billion in a deal that would cement its position among the world’s top five
Container shipping group Hapag-Lloyd HLAG.DE said on Monday it would buy Israeli rival ZIM Integrated Shipping Services ZIM.Nfor $4.2 billion in a
Hapag-Lloyd AG is in advanced talks to acquire Israeli competitor Zim Integrated Shipping Services Ltd, the German company said on
ZIM Integrated Shipping Services has turned down a revised takeover proposal from a management-led group, saying the offer failed to reflect the company’s
ZIM Integrated Shipping Services is navigating a complex strategic review that could reshape the Israeli container liner’s future, as its board evaluates
Israeli container shipping company ZIM (NYSE: ZIM) reported strong first-quarter results today, with net income more than tripling to $296 million compared to
Israeli container shipping company ZIM has signed agreements for ten 11,500 TEU LNG dual-fuel containerships in a deal worth approximately $2.3 billion. The
International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a
Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has reported stellar third-quarter results for 2024 amid record volumes and higher
Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six months ended June
A substantial newbuilding program along with recent vessel deliveries has propelled Israeli-based ZIM ahead of Taiwan’s Yang Ming in the liner rankings,
by John Konrad (gCaptain) Shares of the Israeli shipping company Zim plunged over 17 percent in premarket trading today following reports that their Chinese
According to breaking news by the Israeli financial news outlet Globes, the prominent Chinese shipping conglomerate COSCO has halted its maritime services to
Israeli shipping line ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) says it will re-route vessels to avoid the Arabian and Red Seas amid threats to
Israeli container shipping line ZIM announced its financial results for the third quarter of 2023, reporting a $2.2 billion loss driven by a massive $2 billion
In light of the ongoing war in Israel, Israeli shipping ZIM has alerted customers about possible service disruptions. Despite the challenging situation, ZIM
By Mike Wackett (The Loadstar) – The world’s largest container line, MSC, is joining in an alliance with tenth-ranked Zim across “multiple trades”,
By Alex Whiteman (The Loadstar) – Ongoing weakness in container shipping has forced Israel’s Zim to drastically re-evaluate its full-year performance,
Israeli shipping company ZIM Integrated Shipping Services (NYSE: ZIM) has announced that its first LNG-powered newbuild has set sail on its maiden voyage. The
By Nick Savvides (The Loadstar) – Crew onboard the Zim Iberia have written to their crewing agents asking for redeployment after they
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