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CHINA SHIPPING, ZIM ASIA/EUROPE DEAL PUT OFF

CHINA SHIPPING, ZIM ASIA/EUROPE DEAL PUT OFF

   The proposed slot exchange between China Shipping and Zim Israel Navigation Co. in the Asia/Europe trade has been “temporarily postponed” according to a spokesman for Zim.

   The agreement was due to see China Shipping taking space on the Asia/Mediterranean leg of Zim’s Asia Med Pacific tricontinent service with the Israeli carrier taking slots on China Shipping’s Asia/northern Europe loop.