TagsZIM Integrated Shipping Services

Tag: ZIM Integrated Shipping Services

Israel Finance Ministry objects over Zim’s proposed sale to Hapag-Lloyd

HAIFA: Israel’s Finance Ministry submits a formal objection to the proposed $4.2 billion sale of Israel ‘s Zim Integrated Shipping Services to German shipping...

Hapag-Lloyd plans improvements to $4.2 billion bid for Israel’s ZIM

JERUSALEM : Hapag-Lloyd is working with the Israeli government on improvements to its proposed $4.2 billion cash purchase of ZIM Integrated Shipping Services the...

Zim profit rises on Q2 revenue of $1.78 billion

HAIFA : Zim Integrated Shipping Services reported second-quarter net income of $64 million, up from $24 million a year earlier, as higher freight rates...

Israel Defense Ministry joins opposition to Zim’s $4.2 billion sale to Hapag-Lloyd

HAIFA : The Israeli government's opposition to the proposed sale of Israeli shipping company Zim to Germany's Hapag-Lloyd is widening. The Defense Ministry formally...

ZIM Board of Directors appoints Dr. Chen Lichtenstein as President and CEO of the Company; will also be joining its Board of Directors

HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced yesterday the appointment of Dr. Chen Lichtenstein as its new...

Zim strike halts operations as takeover tensions escalate

HAIFA: Approximately 900 Zim employees covered by a collective agreement have been on strike since Thursday afternoon. The strike follows disputes that arose during...

Hapag-Lloyd’s acquisition of Zim an era defining moment

HAMBURG : Hapag-Lloyd’s $4.2 billion deal to buy Zim is the beginning of the end of the container shipping’s age of consolidation as the...

ZIM to be sold to Hapag-Lloyd for over $3 billion

HAIFA : ZIM will be sold to German shipping giant Hapag-Lloyd in a deal worth over $3 billion, according to media reports. The deal,...

Hapag-Lloyd eyes ZIM acquisition, workers push back

HAMBURG: Hapag-Lloyd, the German shipping company traded in Frankfurt with a market value of 20 billion euros, is interested in acquiring ZIM. However,...

ZIM Reports Financial Results for the Third Quarter of 2025

HAIFA: ZIM Integrated Shipping Services Ltd. announced on Friday its consolidated results for the three and nine months ended September 30, 2025. Third Quarter 2025...

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