Zim merger rumours persist

ZIM Sapphire-One of ZIMs new LNG vessels in Taiwan Photo credit Mr YC Chou

Israeli carrier Zim Integrated Shipping Services is expected to raise its Q2 forecast for the full year, even as the market shows signs of a severe decline and as merger rumours circulate around the company.



Executives at the New York listed firm have refused to be drawn on market speculation on the possible merger and delisting of the company, with a Zim notice saying the company does not comment on market rumours.

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