Zim Shipping Reviewing Buyout Offers: Maersk, Hapag-Lloyd in Race

Zim Integrated Shipping Services is evaluating buyout offers from major players, including Maersk, Hapag-Lloyd, and Mediterranean Shipping Company. The Israeli company, with a fleet capacity of over 700,000 twenty-foot equivalent units, has rejected a proposal from its own CEO and a shipping magnate, deeming it undervalued. Employees have expressed security concerns over a potential deal with Hapag-Lloyd due to Qatari and Saudi investors stakes. The review process is ongoing, with no updates expected until a final agreement is reached. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.