The 2026 ICC Cricket T20 World Cup is heating up. The latest match of the Super 8 portion of the tournament features the West Indies heavyweight against the surprise Zimbabwe. West Indies hit the bats ...

A controversial acquisition could reshape the shipping industry. The deal will likely face regulatory hurdles. By the close of trading, ZIM's stock price was up more than 25% after rising as much as ...

JERUSALEM, Feb 17 (Reuters) - Workers at ZIM Integrated Shipping Services stopped all work on Tuesday, stepping up a strike to press for job security guarantees after Germany's Hapag-Lloyd (HLAG.DE), ...

[Stay on top of transportation news: Get TTNews in your inbox.] Hapag-Lloyd AG is buying Israel’s Zim Integrated Shipping Services Ltd. as the German shipping company aims to grow in size and bolster ...

Hapag-Lloyd to acquire ZIM Integrated Shipping Services for $4.2 billion at $35 per share, a 58% premium over Friday’s close. ZIM stock jumped 34% to $29.70 in pre-market trading following Monday’s ...

More than 20 years ago, the late great Containerisation International writer John Crichton was mulling over which six carriers would remain after the container shipping market consolidated. As the ...

Hapag-Lloyd HLAG-4.39%decrease; red down pointing triangle is buying Israeli competitor Zim Integrated Shipping Services ZIM-0.62%decrease; red down pointing triangle for $4.2 billion as the shipping ...

The maritime world was rattled this Sunday following reports that the Zim Integrated Shipping Service (NYSE: ZIM) board has greenlit a monumental $4.2 billion takeover. The deal, spearheaded by German ...

German shipping giant Hapag-Lloyd said on Sunday that it was in advanced talks to buy ZIM Integrated Shipping Services, an Israeli cargo company that is listed on the New York Stock Exchange.

ZIM shares surge 50% after deal announcement Hapag-Lloyd shares drop 8% on acquisition news ZIM staff strike over acquisition, talks ongoing with union FRANKFURT/TEL AVIV, Feb 16 (Reuters) - Germany's ...

Israeli liner company Zim is to be bought by Germany’s Hapag-Lloyd and Israeli private equity fund FIMI in a deal worth $4.2bn. The deal creates a container giant with a fleet of more than 400 vessels ...

Hapag-Lloyd and Israeli private equity firm FIMI Opportunity Funds are in advanced negotiations to purchase Zim Integrated Shipping Services for approximately $3.5 billion The acquisition would delist ...