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Israel Finance Ministry opposes Zim sale to Hapag-Lloyd

Israel's Finance Ministry is opposing the proposed sale of Israeli shipping company Zim to Germany's Hapag-Lloyd. The move puts the ministry at odds with a deal that would see one of the country's best-known cargo carriers pass into foreign hands, and the dispute could complicate or block the transaction. No details have been given on the ministry's specific objections or on Hapag-Lloyd's response.

Why now: The ministry's public opposition to a major national shipping deal is new and could affect the transaction's outcome.

Israel Finance MinistryZimHapag-Lloyd

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