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Israeli Shipping Firm Zim to Defer $115 Million in Payments

JERUSALEM, Oct 5 (Reuters) – Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said on Wednesday it had agreed to defer $115 million of upcoming payments to creditors until 2018. Zim said in its second-quarter report that the agreement with its creditors was to defer payments due over […] The post Israeli Shipping Firm Zim to Defer $115 Million in Payments appeared first on gCaptain.
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