Israel Corp shareholders approve Zim Shipping debt settlement

– The settlement is the biggest Israel has ever seen – $1.5 billion of debt will be written off. –   The debt arrangement in shipping company Zim Integrated Shipping Services Ltd.,  the More...

The Ofers and Zim’s Other Owners Accused of Skimming $1 Billion From The Shipping Company

– Above standard fees charged for ship leasing and other illicit practices have been charged against Zim’s owners in a new investigative report. – – Only a week after the Israeli government More...

The Israeli Government Has Approved A $3 Billion Restructuring Plan For Zim Shipping

– Zim Shipping released the details of its new restructuring plan on Monday. – – A new plan to restructure Zim Shipping has been approved by its owner, Israel Corporation, and the Israeli More...