ISRAEL CORP TO SPIN OFF ZIM

November, 2014

zim protestZIM has been in the news lately because pro-Palestian groups prevented their ships from being worked in Oakland and delayed the berthing in Tampa Bay.

As part of a debt restructuring agreement, Israel Corp will transfer ownership of ZIM to Kenon Holdings, a publicly held company based in Singapore.

Regardless of the reason for the divestment, we are hopeful this spin off will quell the protests and service disruptions.