Zim
Found 11 recent publications
ZIM Employees to Protest Multi-Billion-Dollar Acquisition by Hapag-Lloyd and FIMI
Hundreds of ZIM employees and Histadrut members are set to protest in Tel Aviv against the company's multi-billion-dollar acquisition by Hapag-Lloyd and FIMI, citing job security and national strategic risks.
Haifa Port Faces Major Disruption Amid Escalating Marine Pilot Labor Dispute
A labor dispute at Haifa Marine Traffic led to a 33-hour delay for a Zim cargo ship after a pilot refused to dock the vessel and left his shift, sparking a confrontation over safety and disciplinary hearings.
Ministry of Finance Recommends Rejecting Hapag-Lloyd Acquisition of ZIM
Israel's Ministry of Finance officially recommends rejecting the $4.2 billion acquisition of ZIM by Germany's Hapag-Lloyd, citing national security risks, Qatari ownership ties, and fleet vulnerability.
Hapag-Lloyd CEO to Visit Israel with Revised $4.2B ZIM Acquisition Bid
Hapag-Lloyd CEO Rolf Habben Jansen arrives in Israel to revise a $4.2 billion acquisition bid for ZIM with FIMI Fund, addressing state concerns over shipping lanes.
Strategic damage to Israel: Sharp warning against the sale of the shipping giant
The Shipping and Ports Authority demands that ministers use the state's golden share to impose an immediate veto on the deal with the German company, while a number of government ministries have already expressed firm opposition.
"The VP Table" has been cancelled: This is how Chen Lichtenstein is changing the DNA in ZIM's offices
While the fate of the ZIM sale remains undecided, new CEO Chen Lichtenstein is bringing a more open management style to the shipping company, contrasting with his predecessor Eli Glickman. ZIM's second-quarter reports show a return to profitability.
ZIM Q2 Revenue Growth: Net Profit More Than Doubles
The shipping company reported $1.78 billion in revenue and a net profit of $64 million, marking a significant improvement from the $24 million recorded in the same quarter last year.
From Iron Dome to ZIM: The economic confrontation between Israel and Qatar escalates
Following the Qatari veto on the Rafael and Volkswagen deal, opposition is forming in Israel to the sale of ZIM to Hapag-Lloyd and the FIMI fund. Security agencies and government ministries fear Qatari and Saudi influence on the national logistics artery.
Israeli company that lost a quarter of its value receives recommendation with 50% upside
In this week's Globes review, we analyze the performance of key Israeli stocks on Wall Street. ZIM surged following strong competitor results, Nayax received an 'outperform' rating with 48% upside potential after a sharp decline, and Monday.com was compared to South Korea's SK Hynix.
State to oppose sale of Zim; hearing for FIMI and Germany's Hapag-Lloyd in September
Discussions regarding the $4.2 billion sale of Zim to Germany's Hapag-Lloyd and the FIMI fund are gaining momentum, with current estimates suggesting the deal will not be approved.
"The 'New ZIM' is not a detriment to the national interest, but a strategic and unprecedented upgrade"
Dr. Yigal Maor, former Director of the Shipping and Ports Authority, has published an expert opinion supporting the establishment of the "New ZIM". He argues that the deal represents a strategic upgrade rather than a threat to national interests.