Freight rates will be increased as from April 1, 2010 by US$400 for 20' container and US$500 for 40' container

CSCL is accusing Zim of breaching a container slot cooperation agreement on shipping routes between Asia and North European ports

The visit of the Mr. Li Shaode accompanied by China Shipping top executives is regarded in Israel as an historic visit.

The service is a weekly service deploying nine TEU 4,083 - TEU 4250 vessels. The last EWX voyage is Zim Genova departing Shanghai on Oct. 4th

His letter to the Israeli PM followed an announcement by A.P. Moller-Maersk Group that it plans to suspend its direct shipping service to the US from Haifa Port in October

The new service will not serve Israeli directly but through the port of Damietta supported by two dedicated feeder ships - Xiang Qian and Xiang Kun

Amos Uzani, Port of Haifa dorector manager, said that since the crisis began, Haifa Port had lost over NIS 30 million revenue mainly due to the fact it was operating at 15-20% of capacity

Ashdod port clients gathering held last Tuesday, were told that Shipping companies and other clients using the Ashdod port had saved a total of between NIS 80m to NIS 100m, since Israel's port system was reformed in February