German liner giant Hapag-Lloyd, alongside private equity firm FIMI, has submitted a revised proposal for its $4.2 billion takeover of Israel’s ZIM Integrated Shipping Services to address critical national security and supply chain objections raised by Israeli regulators. Under the upgraded terms, which maintain the $35-per-share cash valuation, the bidders pledged to establish a weekly direct service connecting Israel with the Far East and expand the debt-free fleet of “New ZIM” to 16 vessels, exceeding the 11-ship threshold mandated by the Israeli government’s special “golden share.” The revised structure strengthens operational safeguards during national emergencies, preserves local vessel management and employment, and guarantees strategic sealift capabilities. These adjustments aim to overcome scrutiny regarding foreign ownership risks, particularly given minority stakes in Hapag-Lloyd held by Qatari and Saudi sovereign wealth funds, as the transaction undergoes formal re-evaluation by Israel’s Government Companies Authority.