Evergreen & Norasia to strengthen presence in the eastern Mediterranean
Sea Transport
02.11.09
Evergreen & Norasia to strengthen presence in the eastern Mediterranean
A slot exchange agreement will provide the Taiwanese carrier with weekly sailings between the Far East and East – Mediterranean / Black Sea ports
Zim to impose general rate increase on US export
Sea Transport
26.10.09
Zim to impose general rate increase on US export
The carriers said the increase "is necessary in order to maintain our current levels of service and high reliability”
Idan Ofer, Israel Corp. Chairman
Sea Transport
26.10.09
Zim: we are close to securing financial restructuring
Zim will receive more than $500m in new financing from the company's banks. Israel Corp. will provide a $100m safety net to ensure sufficient liquidity for ZIM
Zim: extension of peak season surcharge and General Rate Increase
Sea Transport
19.10.09
Zim: extension of peak season surcharge and General Rate Increase
ZIM will implement a GRtI on exports from the USA starting November 1st. Peak season will be extended until the end of the year
Rafi Danieli, ZIM CEO
Sea Transport
19.10.09
Zim's holding company reaches agreement with bondholders
Debts of 350 million dollars will be paid up to 2020 in exchange for higher interest rate. Zim will be given new bank finance of over $500 million for a period of 12 years
NNSA completed the installation of radiation detection systems at Ashdod Port
Sea Transport
13.10.09
NNSA completed the installation of radiation detection systems at Ashdod Port
Announced it had completed the installation and testing of radiation detection systems at four new ports: Ashdod, Lisbon, Kaohsiung and Port Klang
Zim: Korean shipyard approved delays in delivery of four containerships
Sea Transport
29.09.09
Zim: Korean shipyard approved delays in delivery of four containerships
The company reached an understanding with Hyundai Samho yard, to delay the delivery of four TEU 10,000 container vessels by up to five years. ZIM CEO: we will see a gradual recovery in 2011 at the latest
Steve Felder, Maersk CEO
Sea Transport
29.09.09
Maersk line announced two new services To/Fm Russia and Turkey
The new service to/fm the port of Novorossiysk will deploy a TEU 900 vessel which will have transit time of 5 days. The new direct service to/fm Turkey will have the fatest transit time on the market
More news from Sea Transport Section
>Zim announced the expansion of Adriatic/eastern Med service/29.09.09 >Danaos: Zim unilaterally cuts charter payments by 35%/29.09.09 >Schaeffer: Zim not just owners' problem/21.09.09 >S&P Maalot cuts Zim rating/21.09.09 >Ports privatization received Gov't green light/14.09.09 >Israel Corporation Board Approves ZIM Transaction Report/14.09.09 >CKYH Alliance announced shake up in Asia-Europe / Med service/07.09.09 >Zim in talks with trade union & employees on layoffs/07.09.09 >Knesset member Eitan Cabel to head shipping lobby/07.09.09 >Schaefer calls upon Government to assist Zim/07.09.09