Smooth sailing?
Meeting called to approve Zim recovery plan
Israel Corp. said it has called a shareholders meeting for October to approve a recovery plan for Zim Integrated Shipping Services subsidiary.
The recovery plan “includes a number of initiatives to significantly streamline operations — several of which are ongoing,' Israel Corp. said.
MOL ship designs efficient ' and look cool
MOL said it has developed a concept for next-generation vessels, which it said would reduce energy use through technologies ranging from solar cells to low-friction bottom paint.
The company said the ships would be “technically practical in the near future,” refining technologies already developed and adopted. Its first design is for a next-generation, environmentally friendly car carrier.
Smooth sailing?
