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Hapag-Lloyd signs merger agreement with ZIM

Hapag-Lloyd signs merger agreement with ZIM

Hapag-Lloyd has signed an agreement with ZIM Integrated Shipping Services Ltd., the world’s 10th largest container shipping line, under which Hapag-Lloyd will acquire 100% of ZIM’s shares. The completion of the envisaged transaction is subject, among others, to approval by ZIM’s shareholders and the relevant regulatory authorities.

Once the merger is closed, Hapag-Lloyd aims to build a stronger, more seamless network and intend to operate a modern fleet of over 400 vessels with a capacity exceeding 3 million TEU – further reinforcing Hapag-Lloyd’s position as one of the world’s leading container shipping companies. Together with ZIM, Hapag-Lloyd plans to expand in attractive growth markets and enhance its services across key global trades – including Transpacific, Intra Asia, Atlantic, Latin America, and East Mediterranean.

Reflecting on the values that unite both companies, Hapag-Lloyd CEO Rolf Habben Jansen said:

“ZIM is an excellent partner for Hapag-Lloyd. Customers will benefit from a significantly strengthened network on the Transpacific, Intra Asia, Atlantic, Latin America and East Mediterranean. We share the same ambitions: exceptional customer service, excellent operational quality, and a commitment to digital innovation – all powered by the expertise and passion of our people worldwide.”

Hapag-Lloyd expects the closing of this transaction by the end of 2026. Until then, Hapag-Lloyd and ZIM will continue to operate independently, maintaining collaboration only within existing vessel-sharing and slot charter agreements. Additionally, Hapag-Lloyd will continue to build on its successful partnership with Maersk in the Gemini Cooperation.

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