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Eli Glickman

Eli Glickman

President and Chief Executive Officer, ZIM

Appears in 1 story

Notable Quotes

"Since our IPO in January 2021, we have distributed an extraordinary $5.7 billion in dividends to shareholders. Upon completion of this transaction, total capital returned will be approximately $10 billion, representing more than five times the Company's initial market value."

Stories

Global container shipping consolidation wave

Money Moves

Overseeing sale process; future role undetermined

In 2002, the top four ocean shipping companies controlled less than 30 percent of the global container market. Today, the top four control nearly 60 percent. Hapag-Lloyd's $4.2 billion acquisition of Israeli carrier ZIM, announced February 16, 2026, continues a consolidation wave that has transformed how manufactured goods cross oceans—concentrating enormous pricing power in fewer hands while raising questions about competition and supply chain resilience.

Updated Feb 16