Four of the largest all-purpose freighters in the world have been ordered from a German shipyard by Cargo Ships El-Yam, Ltd., of Israel, it was reported here. The four 14,750 deadweight-ton vessels will be able to haul any type of cargo. The 14-knot, diesel-powered ships will be built in Hamburg as part of German reparations to Israel, but they will cost El-Yam a total of some $10,000,000.
Raphael Recanati, president of the shipping concern, said completion of the company’s program in 1957, would put 80,000 deadweight tons under El-Yam ownership, which would be almost half of Israel’s cargo tonnage. The four new ships will be suitable for both bulk tramp trade and regular cargo liner service. Mr. Recanati said the first of the four new vessels would be delivered in November, 1956, and the others at two-month intervals thereafter.
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