Loss-making shipping line Zim will receive a multimillion dollar cash injection, following approval of the rescue plan by its parent company’s shareholders. The Israeli carrier will receive a capital injection of US$450m from parent Israel Corp and also a $100m safety net.
Green Marine
about 17 years ago
Zim steams ahead with cash boost
Loss-making shipping line Zim will receive a multimillion dollar cash injection, following approval of the rescue plan by its parent company’s shareholders. The Israeli carrier will receive a capital injection of US$450m from parent Israel Corp and also a $100m safety net.
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