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Israel Shipping Line Formed for Trade with Gulf of Memico Ports

A third Israel flag merchant marine line, the Israeli Judges Lines, has been organized and will operate a fleet of three ships between Mediterranean and Gulf of Mexico ports, it was reported here today.

The line, which will have its headquarters in Tel Aviv, will acquire its first vessel, a 5,000 ton Danish freighter, next month. A second ship will be acquired within two months and a third some time later. Israeli, Swiss and Belgian capital is invested in the new company.