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ZIM Workers to Protest Sale, Citing National Security Concerns
Hundreds of ZIM shipping company workers will protest on Tuesday in Tel Aviv against the proposed sale of the company to Hapag-Lloyd and FIMI Fund. The workers and their union, the Histadrut, are concerned about job security and national security implications, particularly regarding foreign ownership.
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What happened
- 01Hundreds of ZIM workers will protest Tuesday in Tel Aviv against the company's sale.
- 02Protesters cite concerns over job security and Israel's national maritime security.
- 03The deal involves selling 90% of ZIM to Germany's Hapag-Lloyd and Israel's FIMI Fund.
- 04The Histadrut union supports the workers, vowing to protect their rights and national interests.
- 05FIMI Fund is attempting to revive the deal after the state previously blocked it.
- 06Critics warn the sale could lead to the elimination of Israel's domestic shipping industry.
The deal, which would sell 90% of the company, has faced significant opposition from various bodies, including the Shipping Authority. Despite the state previously blocking the sale, FIMI Fund is attempting to revive the deal, prompting the planned demonstration.
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