Hapag-Lloyd and ZIM Agree to Merger

Hapag-Lloyd has announced a merger agreement with ZIM Integrated Shipping Services, the world's 10th largest container line. The deal is valued at over USD 4 billion, with Hapag-Lloyd acquiring ZIM's shares at USD 35.00 each. The merger will create a capacity exceeding 3 million TEU, with over 400 vessels, enhancing customer network services.

FIMI Opportunity Funds will establish a dedicated Israeli container line, acquiring ZIM’s Golden Share. This new line will operate 16 vessels, focusing on strategic trade lanes vital to Israel. Regulatory approvals from ZIM shareholders are anticipated by late 2026.

The merger aims to secure Hapag-Lloyd's position as the fifth-largest shipping firm, generating anticipated annual synergies worth hundreds of millions. Operational enhancements across Transpacific, Intra Asia, and other key routes are expected.