Israel was ranked 32nd in the organization's index, a slight improvement from the year before, when it ranked 33rd

ZIM Djibouti, TEU 10,062 containership, was built by Hyundai SAMHO Shipyards in South Korea, Idan Oder: a major step forward for the company's fleet

El Al signed an agreement with French airline Corsairfly and Arkia signed an agreement with US Airways for follow-on flights via Paris

Idan Ofer, Chairman of ZIM, said: “The world economy is changing, in particular the shipping market, and when the economic crisis is over we must be ready with the appropriate fleet to meet the world demand."

World Economic Forum (WEF) published last week its 2009 annual report on enabling trade around the world

South Korea and Israel have started discussions on ways to boost trade and bilateral economic cooperation at a meeting in Jerusalem

ZCS service between the Mediterranean and North America will resume direct weekly calls at Piraeus

The service which will employ 13 TEU 6,000 capacity vessels will call at Ashdod port as the first port of call after crossing the Suez Canal