Maritime
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Hapag-Lloyd to Acquire ZIM for $35 Per Share, Valuing ZIM at $4.2 Billion; New Israeli Entity to Inherit Part of ZIM’s Operations
Hapag-Lloyd is set to acquire ZIM Integrated Shipping Services for $4.2 billion in an all-cash deal. This move aims to bolster Hapag-Lloyd’s fleet, expand its reach on key trade lanes, and drive innovation in digital solutions and sustainability. A new Israeli entity, “New ZIM,” will also be established as part of the transaction, which is subject to regulatory approvals and expected to reshape the global maritime landscape through consolidation and synergy.
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CMB.TECH Announces Q2 2025 Results
CMB.TECH (CMBT) reported mixed Q2 2025 results. While revenue increased to $387.8 million, the company posted a net loss of $7.6 million, a stark contrast to the $184.4 million profit in Q2 2024. EBITDA also declined to $224.1 million. The merger with Golden Ocean was completed, creating a 250-vessel fleet. CMB.TECH declared an interim dividend of $0.05 USD and maintains a strong contract backlog of $2.93 billion. Vessel sales generated significant capital gains. Legal challenges from Golden Ocean shareholders remain.
