After a brief keel-laying ceremony, ship fitters at the vast “Deutsche Werft” dockyards here began the construction of a 10,000-ton passenger liner, the “Zion,” on the same spot from where a sister ship, the “Israel,” was launched this month.
The “Zion” is expected to be ready for launching in the fall. The two vessels, which are being built under the reparations program, will be assigned by the Zim-Shoham lines to the Haifa-New York run, with departures from the two cities every three weeks. Sailings, by way of Naples and Halifax, will take ten days.
Official date released here today shows that German export to the Arab states increased by one-half during the past two years the value of German exports to the countries of the Arab League mounted steadily from $70,000,000 in 1952, the year in which the German-Israel reparations treaty was concluded, to $95,000,000 the following year and to $108,000,000 in 1954. Imports from the Arab states jumped by one-third during the past year. Germany’s largest Arab trade partner is Egypt, to which the Federal Republic shipped $47,000,000 worth of goods in the past year, receiving $34,000,000 worth in return.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
