Zim to Buy Ships for $92m

Thursday, June 28, 2007
The board of Israeli shipping company Zim approved the purchase of two container ships for a total of $91.8 million, its parent company Israel Corp., reports said. Zim received an option to buy another two ships for $47.8m each, Israel Corp., one of Israel's biggest holding companies, said in a statement to the Tel Aviv Stock Exchange. The company did not identify the seller of the ships, but noted it would pay in Japanese yen. The ships are expected to be delivered in the fourth quarter of 2010 or during the first quarter of 2011. Source: Reuters
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

BP Freezes Pay in 2015 to Cut Costs

BP is freezing base pay across the group this year, the latest in a series of steps by oil majors to cut costs in response to sinking oil prices.   Over the past year,

Metcalf to Succeed Cox at CSA Helm

Kathy J. Metcalf will assume the role of president and CEO of the Chamber of Shipping of America (CSA), succeeding Joseph J. Cox, who will retire on May 31, 2015,

InterMoor Completes Juniper Mooring Installation Contract

InterMoor has completed a mooring and foundation installation campaign for bpTT’s Juniper gas project offshore Trinidad and Tobago, reportedly the largest foundation

Ship Sales

Taiwan Naval Fleet Adds Home-Grown Vessel

Taiwanese Navy formally took delivery Friday of a new locally designed supply vessel that it said will help enhance Taiwan's maritime combat capabilities.   In

Indian Shipping Ministry Seeks Tax Sops

India's shipping ministry is asking for a tax holiday and more incentives for the shipbuilding industry in the upcoming Union budget, according to a report in the Economic Times.

Vroon Adds Twelfth Tanker

Dutch ship owner Vroon has confirmed the purchase of the MT ST Charlotte, a 2006-built bitumen/molten sulphur tanker. The vessel will be renamed Iver Ability and

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Pipelines Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1114 sec (9 req/sec)