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 April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Newport News Shipbuilding Hosts Sen. Inhofe

Huntington Ingalls Industries (HII) today hosted Sen. James M. Inhofe, R-Okla., for a tour of the company's Newport News Shipbuilding division.   The senator,

Hempel CEO Jullien Plans Retirement

Pierre-Yves Jullien, CEO of Hempel A/S since 2005, has decided to retire after nearly 40 years in the Group. He will step down from his role as CEO on March 31, 2016 at the latest.

DNV GL Launches Singapore Service Center

DNV GL's new Singapore Service Center (SSC) will streamline customer support and enhance customers’ experiences by giving them a single point of contact for all operational issues.

Ship Sales

Capt. Ang Chin Eng New Technical Director of SSA

The Singapore Shipping Association (SSA) has appointed a full time Technical Director who will be responsible for ensuring the Association maintains its pledge

Milaha and UACC Mull Tanker Fleet Merger

Qatar Navigation (Milaha) is in talks with United Arab Chemical Carriers Ltd. (UACC) in the United Arab Emirates (UAE) regarding a possible combination of their

Cochin Shipyard in Pact with Samsung Heavy Industries

India's state-owned Cochin Shipyard Ltd (CSL) has entered into a Memorandum of Understanding (MoU) with Korean firm Samsung Heavy Industries for technology partnership

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Salvage Ship Repair Winch
rss | archive | history | articles | privacy | 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: 0.1075 sec (9 req/sec)