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Page 259 of 274

freight · February 16, 2026

Hapag-Lloyd Acquires ZIM in $4.2 Billion Deal

German container shipping giant Hapag-Lloyd has agreed to acquire Israeli carrier ZIM Integrated Shipping Services in a $4.2 billion deal, creating a combined fleet of over 400 ships and 3 million TEU capacity.

By MGN Editorial

news · February 16, 2026

US Seizes Another VLCC Fleeing Venezuela

The U.S. has seized another VLCC tanker attempting to transport sanctioned Venezuelan oil, the latest move in Washington's efforts to enforce its blockade on the country's crude exports.

By MGN Editorial