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Zim Integrated Ltd. is the biggest cargo shipping company in Israel

Zim Integrated Shipping Services Ltd. (Hebrew: צים‎), formerly ZIM Israel Navigation Company Ltd. and Zim American Israeli Shipping Inc., is the biggest cargo shipping company in Israel, and 10th largest in the world. The company's headquarters are in Haifa; it also has a North American headquarters in Norfolk, Virginia.

In 2004, ZIM the Israel Corporation (which is controlled by the Ofer Brothers Group) purchased 49% of Zim's shares held by the Israeli government, becoming the sole owner of the company. The new official name after privatization became Zim Integrated Shipping Services. The purchase deal for about five hundred million New Israeli Shekels was severely criticized by the press and the State Comptroller of Israel as being undervalued and becoming just another flag of convenience company. In 2007, Zim sold its maritime logistics and forwarding services subsidiary NewLog to UTi Worldwide.



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