The dividend amounts to 30% of the company’s aggregate NIS 218 million profits in the three years period 2005-07

The service will introduce the port of Nhava Sheva on both Eastbound and Westbound legs and will call the Russian port of Novorossiysk as well as the Turkish Ports of Istanbul

The announcement ended a long debate over the first privately operated commercial seaport. The $800 million project is slated for completion by 2015

ZIM Ports acquired 40% share of Contarsa, a Container terminal with an annual capacity of 150,000 TEU. DP World acquired the other 60%

Agrexco stated that that Vado port has highly efficient access to the European road transport network which give the port an advantage in the fresh produce business

The Indian shipping firm will deploy two container ships of about 2,500 TEU and 2,700 TEU capacity. Transit time to Eilat Port will be 12 days

Loop ABX will also call Damietta, enabling OOCL to offer service on a bi-weekly basis, thereby doubling the capacity

The Asia Black Sea Express service (ABX) will call at the Egyptian port of Damietta on bi-weekly frequency which will allow doubling the capacity from the Far East to Israel