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Zim Q2 Profit Rises, Brazil Reviews Hapag Merger Proposal

ZIM Integrated Shipping Services logoZIM Integrated Shipping Services
Sig3.12Sen-0.65Env0.00Soc0.00Gov-2.15
Hapag-Lloyd logoHapag-Lloyd
Sig3.20Sen-1.80Env0.00Soc0.00Gov-1.60

Israeli container carrier Zim posted a small profit in Q2, with $1.8 billion in income, about $500 million in EBITDA, and roughly $64 million in net income as average freight rates strengthened. Shares fell about 4%. Investor focus shifted to Brazil regulators’ thorough review of Zim’s proposed merger with Hapag-Lloyd, while Israel’s defense ministry opposed the plan and regulators may extend review until March 2027.

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