A one-ship operation at the end of 1970 to became the world’s second largest container carrier, with 420 local offices and 435 cargo vessels serving 306 ports across six continents

South America Express Service (SAX) and Gulf Express Service (UEX) have been merged into a seven-ship loop with a new rotation

The institute predict export growth will decline by 50% in 2011. Brazil constitutes the leader in export growth

Israel improved ranking in the World Economic Forum's Global Competitiveness Report 2010-2011, moving to 24 place compared to 27 place last year

Israel is the first non-South American country to sign an FTA with the bloc.With the agreement, bilateral trade is expected to increase threefold in the next five years

Israel is the first country outside South America to sign a free trade agreement with the regional Mercosur bloc. Brazilian President Lula da Silva visted Israel last week

Zim, CCNI, Hanjin Shipping, Hapag-Lloyd and Wanhai will cooperate on an Asia - South America East Coast service from April

The joint operation will take effect in April 2010 serving Korea, Central and South China, Singapore, South Africa, Brazil, Uruguay and Argentina