(haipo) – An economic opinion formulated by economist Shlomo Maoz states that the move to sell the international operations of ZIM is not a purely business move, but rather constitutes a direct threat to the national security of the State of Israel and its ability to function in times of emergency, especially in a world that is becoming more hostile and dangerous towards the trade relations of Israel, which is in fact an "economic island" dependent on the sea lanes.
In his opinion piece, Maoz analyzes a changing global reality, characterized by boycotts, political pressures, and the closure of shipping lanes, and warns that the meaning is clear: when the sea is blocked, the Israeli economy is suffocated.
He said that during times of war and crisis, foreign shipping companies tend to reduce activity, avoid coming to Israel, and prioritize profit, insurance, and business risk considerations over a commitment to continued regular supplies. Such a situation could seriously harm the country's ability to ensure a continuous flow of essential equipment for the economy and the defense system.
Maoz emphasizes that ZIM, as long as it is under Israeli control and subject to the "golden share" held by the state, is obligated to continue transporting essential cargo, including food, fuel, medical equipment and security equipment, even under fire and in emergency conditions. According to him, a reduced ZIM, which would be left in the hands of the FIMI fund, would not be able to provide similar certainty.
According to him, the loss of Israeli control over the national shipping fleet means the loss of the country's critical operational capability, including the transportation of food, fuel, medical equipment and security equipment even under international restrictions, boycotts or close monitoring.
In summarizing his opinion, Maoz states unequivocally: "Zim is a strategic asset, not a financial asset. Whoever sells it is selling a national capability, selling something that does not belong to him, but belongs to the Jewish people."
According to him, the sale of ZIM could lead to serious harm to the economic and security independence of the State of Israel.
Kudos to Professor Maoz for his statement in favor of ZIM. There is importance in preserving the company for ensuring the security and prosperity of the State of Israel.
Worth considering – restoring state control over society. Thank you.
The complete destruction of high-tech exits and their delivery to the US, the destruction of Hebrew shipping, the destruction of Tnuva and the Chinese-owned dairy farm. All the same crazy greed of greedy and disgusting people.
Privatizing ourselves to know
I know in practice whether the activities of the Zim company for decades, for the security of Israel, which are not always widely reported and published in Israel,
Shlomo Maoz's report and statement are unequivocally correct: the state is prohibited from giving Zim into foreign hands.
The sale of Tnuva, the port, and more, to China is also a problem for generations. And thanks to Biv for agreeing to these moves.
You're right. This isn't the first time Haj Yahya has been involved in selling state assets, and the wise will understand.
And is this new to anyone? There is no responsibility, no patriotism, and no control in this country.
ZIM is an important strategic asset that must not be in foreign hands.
Our country needs to be independent in international transportation, independent in agriculture, economically independent, and certainly in terms of security.
We should not trust and depend on strangers.
Feels like personal financial interests are involved in such transactions.
Not to mention that the company's CEO sold its shares, so what does that say about its management?
Come on, finish the deal, let Fimi manage as she knows how and give me the $35 per share that the deal will bring. I bought it at 26..
Sounds like an exaggerated paid opinion to me.
ZIM will remain in the hands of FIMI, which owns about half of the state. Quality companies and grades one by one
The FIMI fund apparently has no idea or experience in the world of shipping, and it is likely that they will just go around, finish off ZIM completely and then say, whoops, we got a bad company! And that will be the end of Israeli shipping, a very serious, irreversible blow to Israel's economic and security independence. Israel must control the sea, we are an island country, not Switzerland. In addition, all the many millions that have entered the state coffers for years from the taxes that ZIM pays to the state every year, will no longer enter. In hindsight, someone wrote here that the shareholders did not receive what they deserve, funny, they received many times more for every penny they invested, from the many dividends that ZIM has distributed to them very generously over the years. Israel must not give up on ZIM. The board of directors' conduct is not really illegal, it is explicitly stated in the gold share that the sale of more than a certain percentage of the company to a foreign entity requires prior approval from the state and for this and not only for this, they chirped and why? Because they can and that anyone who understands will understand. And Shlomo Maoz is right in every word, and yes, there is nothing good in this deal. The State of Israel will only lose from this, a small number of vested interests, certainly not Zionists, will benefit from it, they, and the governments of Germany, Qatar and Saudi Arabia will also benefit greatly. Is this what we want? Has anyone here lost their minds?? Not to mention the approximately 1000 families of dedicated Zim employees who gave above and beyond for the company that apparently doesn't see them from afar, even though without their dedicated, professional work, the company would not have succeeded and would not have reached the unimaginable achievements it has achieved in recent years.
Wake up, government, there are problems on all kinds of fronts and the most terrible war, life is dangerous in fear and in a state of chaos just because of money, and so sell the State of Israel and give us a chance to destroy our security and our power, and immediately lay down your hands on the deal, it will be done, I beg you, Mandela, get up and act!!!!!!!
ZIM survives in the shipping industry only because it is big. A large company operates both profitable and unprofitable lines, and this is according to the license and requirements of those countries that allow you to enter their ports. FIMI's new ZIM will not survive even 3 years and Mr. FIMI will be able to say, "Sorry, I thought I could... but it will be too late for Israel, and then there will be no one to come and establish a new Israeli shipping company, because each ship costs at least $100 million."
I'm willing to bet a hundred thousand shekels that the Zim committee paid Shlomo Maoz for this amateur opinion.
Interestingly, he couldn't find a single positive thing about the deal.
The current Zim company is a failed company that does not deliver the goods to shareholders. A company where the CEO wants to do business on the backs of the shareholders.
Shame on a queue negotiated by AI.
And even more shame on Shlomo Maoz who dares to criticize the FIMI Vichy Davidi Foundation.
The FIMI Fund makes gold out of everything it touches. Shlomo Maoz doesn't comment on that.
He also does not comment on the fact that ZIM already does not meet the standards of the gold stock.
Poor and pathetic.
Complete
All privatizations have harmed state security in various aspects.
If you stand behind your stuff.
Stop supporting Likud.
Which is a left-wing party in every sense.