Hapag-Lloyd to Acquire ZIM for $4.2 Billion

German shipping giant Hapag-Lloyd has agreed to acquire Israeli company ZIM Integrated Shipping Services. The deal is valued at $4.2 billion. Upon completion, Hapag-Lloyd will become the world's fifth-largest shipping operator.

German container shipping company Hapag-Lloyd announced it will acquire its Israeli competitor ZIM Integrated Shipping Services for approximately $4.2 billion in cash. This deal is set to strengthen its position as the world's fifth-largest shipping company.

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2026-02-17T07:09:09+00:00

German Finance Minister Calls for Faster EU Integration

German Finance Minister Lars Klingbeil stated on Monday that the EU is at a pivotal stage, and member states must accelerate progress towards strengthening the bloc's influence and sovereignty instead of invoking national interests.

Politics Economy Country

2026-02-16T07:20:35+00:00

Secret Pilot Rest Cabins: How They Work on Long-Haul Flights

On long-haul flights, pilots have special, passenger-hidden rest compartments. These fully equipped spaces, located behind the cockpit or above the cabin, allow them to recharge and ensure flight safety. Learn how crew rest is arranged on modern aircraft.

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2026-02-15T01:41:16+00:00

German Defense Minister: Franco-German Fighter Jet Project Not Dead Yet

German Defense Minister Boris Pistorius stated that the stalled Franco-German fighter jet project is 'not dead yet'. He also unveiled plans to enhance military capabilities and reduce reliance on China and the US for defense needs.

Politics Economy Country

2026-02-12T22:54:32+00:00

800 Lufthansa Flights Canceled in Germany Due to Strike

Around 800 Lufthansa flights were canceled in Germany on Thursday due to a strike by pilots and cabin crew. The airline apologizes to passengers for the inconvenience.

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