Former Israeli Shipping Chief Backs New Zim Plan for $4.2B Deal
A report commissioned by the FIMI fund says Zim’s proposed “New Zim” would not violate Israel’s national interest and would be an unprecedented strategic upgrade. Zim agreed to be acquired by Hapag-Lloyd and FIMI for $4.2 billion, with FIMI running local operations. The plan emphasizes full Israeli ownership, Israel-focused routes, more Israeli merchant marine officer roles, training cooperation, a modern debt-free fleet, and updated government golden-share provisions to match current security needs.