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ANGEL APPOINTED ZIM CHAIRMAN

ANGEL APPOINTED ZIM CHAIRMAN

   Udi Angel has been appointed chairman of Zim Israel Navigation, the
Israeli shipping line.
   The appointment of Angel, a senior executive of Ofer Brothers Shipping,
follows the acquisition in January of Zim by Sammy and Yuli Ofer, two
Israeli millionaires.
   Angel replaces previous chairman Yossi Rosen.
   Yoram Zebba remains president and chief executive officer of Zim.