More shipper pain on the way as carriers levy new peak season surcharges
Ocean carriers have continued their flurry of surcharge and rate increase announcements, which “continue to ...
Well, it’s quite the conundrum Zim’s shareholders now find themselves in, after the Israeli shipping line yesterday received a $4.5bn unsolicited takeover bid from an investment fund headed by local businessman Haim Sakal.
However, last week 97.3% of company’s shareholders voted to approve Hapag-Lloyd and FIMI’s $4.2bn offer, according to a Zim SEC filing, in which it added that the agreement was now “binding” on all parties.
And following the news of Mr Sakal’s offer, the Zim board last night issued a ...
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