German shipping company Hapag-Lloyd AG has announced that it is in advanced discussions to acquire Israeli competitor Zim. Bloomberg posted on X, highlighting the potential merger between the two shipping giants. This acquisition could significantly impact the global shipping industry, as both companies are major players in the sector. Hapag-Lloyd AG's move to acquire Zim aligns with its strategy to expand its market presence and enhance operational capabilities. The talks are ongoing, and further details are expected to be released as negotiations progress.