Hapag-Lloyd of Germany and Zim Integrated Shipping Services of Israel have been customers of SC Ports for years. Now, one is looking to buy out the other.

The acquisition will see Hapag-Lloyd take over the 10th largest container shipping line in the world and grow its global network ...

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

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Global container shipping line Hapag-Lloyd is acquiring Israeli shipping company ZIM Integrated Shipping Services in a $4.2bn (€3.54bn) deal. Hapag-Lloyd is buying all of NYSE-listed ZIM’s shares at ...

Hapag-Lloyd is the world's fifth-largest container line with 2.378 million TEU of container capacity, while ZIM is the 10th-largest with 704,450 TEU, according to data from segment specialist ...

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With his 90th birthday approaching, one of Ireland’s most successful entrepreneurs reflects on his career and legacy ...

With his 90th birthday approaching, one of Ireland’s most successful entrepreneurs reflects on his career and legacy ...

Shipping line Hapag-Lloyd has agreed to buy its Israeli rival Zim, in a $4.2bn deal that will expand the German group’s container shipping business and secure its routes.

Israeli shipping line ZIM has entered into a merger agreement with Hapag-Lloyd, in which the German carrier giant will acquire the company for approximately $4.2 billion.