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ZIM OPENS OWNED AGENCY IN SHANGHAI

ZIM OPENS OWNED AGENCY IN SHANGHAI

   Zim Israel Navigation Co. has opened an owned agency in Shanghai.

   To date, Zim is represented throughout China by 15 local offices in
Beijing, Dalian, Tianjin, Yantai, Qingdao, Lianyungang, Hangzhou, Nanjing, Ningbo,Wenzhou,
Fuzhou, Guangzhou, Xiamen, Shenzhen and Shanghai.

   Zim operates container weekly services in the transpacific and
Asia/Europe/Mediterranean trades with direct calls in China.