The business combination of Hapag-Lloyd and ZIM would secure Hapag-Lloyd’s market position as the fifth-largest container shipping company worldwide with a modern fleet of over 400 vessels, a standing capacity of over 3 million TEU, and an annual transport volume of more than 18 million TEU. The combined business would strengthen the network on all major global trades and consolidate their leadership in key growth markets. The transaction is estimated to generate several hundred million USD of annual synergies. Hapag-Lloyd and ZIM will leverage the highly skilled workforce and cutting-edge technologies of both companies to build an even stronger combined team that will remain very customer centric, focused on profitable growth and delivering superior quality to customers around the globe.
“ZIM is an excellent partner for Hapag-Lloyd”, said Rolf Habben Jansen, CEO of 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: great customer service, outstanding operational quality, and a commitment to digital innovation – all powered by the expertise and passion of our people worldwide. We will use this opportunity to create the best team from the exceptional talent in ZIM and Hapag-Lloyd – in Israel and around the globe – and we commit ourselves to build a very substantial and long-term presence in Israel. Together, we will set new benchmarks of excellence and secure our position as the undisputed number one for quality in our industry.”
