Eli Glickman’s buyout proposal first surfaced in Israeli media reports back in August, with his offer said to be about $20 per share, which would value Zim at $2.4 billion.
While liners will remain in the black this year, the growing capacity overhang and weak demand expectations will undermine rate-increasing efforts through 2026, analysts say.
Projected global growth of grid-scale installations over the next five years indicates cargo volumes will rise dramatically with the continued investment in solar and wind energy.
