Zim hired Goldman Sachs for debt restructuring
Sea Transport
16.03.09
Zim hired Goldman Sachs for debt restructuring
Zim is seeking ways to improve its debt structure in view of the ongoing slump in the shipping industry and the company's heavy debt
Mr. Rafi Danieli
Sea Transport
09.03.09
Doron Golder, Zim President and CEO Steps Down
ZIM Integrated Shipping Services, appointed 57-year-old Rafi Danieli as president and CEO as the container carrier. Mr Danieli, a 31-year veteran at Zim, has served as CFO for 12 years and deputy CEO for three
ISC: over 215 working days lost since port reform policy was adopted
Sea Transport
09.03.09
ISC: over 215 working days lost since port reform policy was adopted
Workers at the ports declared several strike protesting salary aspects, ignoring an agreement not to strike for five years as part of the reforms instituted at the country's ports
Shuki Sagis
Sea Transport
02.03.09
Ashdod Port distribute its first-ever dividend
The dividend amounts to 30% of the company’s aggregate NIS 218 million profits in the three years period 2005-07
Zim announced 'winter programm'
Sea Transport
23.02.09
Zim announced 'winter programm'
The company is to temporarily suspend its fixed-day weekly Asia-Gulf Express (AGX) service. ZCS service will now add a call at Pusan
Grand Alliance to co-operate with Zim on Pacific North West trade
Sea Transport
23.02.09
Grand Alliance to co-operate with Zim on Pacific North West trade
Cooperation will be on two strings of the NWX and PNX services on the transpacific with immediate effect. Zim will provide three TEU 8,000 to TEU 10,000 vessels from July onward
Doron Goder, ZIM CEO
Sea Transport
23.02.09
Maalot S&P slashes Zim bond rating by 5 notches
The company would stop operating 10 containerships until the market settles down. Zim plans to reduce shipping capacity on its Asia-U.S. route
Ashdod port handled TEU 84,611 from China in 2008
Sea Transport
23.02.09
Ashdod port handled TEU 84,611 from China in 2008
Turkey was the second largest source of incoming containers with TEU 51,075 and TEU 11,169 exported
More news from Sea Transport Section
>Eilat Port Chairman: government should cut car tax to increase demand/16.02.09 >Zim Lines: improved service, new calls in the EMX service/16.02.09 >Durban dock workers refuse to unload Israeli vessel/09.02.09 >Zim lines imposed Gulf of Aden surcharge/09.02.09 >Zim pulls out of Indian terminal project/09.02.09 >Mofaz: Haifa to have the first privately operated port/09.02.09 >Zim in talks with Korean shipyards and banks to cancel, defer ship orders/09.02.09 >Zim is moving its operation from Barcelona to Tarragona/02.02.09 >ESC: Zim had no reason to quadrupled war risk surcharge at Ashdod Port/02.02.09 >Plada: Zim quadrupled war risk surcharge at Ashdod Port/26.01.09