Zim Receives New Container Ship

Maritime Activity Reports, Inc.

July 15, 2009

According to Reuters, Israeli shipping firm Zim, a unit of holding company Israel Corp., has received the first of 12 vessels it had ordered to meet an anticipated surge in demand as the global economy recovers. Zim said the new ship, Zim Los Angeles, had a capacity of 8,400 containers, and that a second ship with a capacity of 10,000 containers, Zim Djibouti, would be delivered in two weeks. Zim said the two vessels, built by Hyundai Heavy Industries, would operate on its Pacific Northwest Service which runs from East Asia to the west coasts of Canada and the United States.

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