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20 November 2008 The on-line newspaper devoted to the world of transports 17:25 GMT+1



January 9, 2004
(posted Jan. 7)

Israel Corporation will return to Zim privatization
An agreement regulating employment of Israeli officers and crew on Zim ships has been initialed.

David Hayoun

The Israel Corp. (TASE: ILCO) is about to return to the process of the privatization of the state's stake in shipping line Zim. This follows the initialing of a collective agreement between Zim and Ofer Ship Holdings on one side, and the Histadrut (General Federation of Labor in Israel) and the Israeli Sea Officers Union on the other. The agreement sets out the way in which Israeli officers and crew will be employed on Zim ships following privatization ......
Read more on Globes - Israel's Business Arena





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