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Israel Navigation Company Places Order in Britain for $9,000,000 Passenger Ship

March 12, 1951
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The Zim Navigation Company today announced it has placed an order with Britain for a $9,000,000 passenger ship and that the British Treasury approved credit terms extending for seven years to cover the transaction. The company now owns 19 ships, including four passenger vessels. Five of the company’s freighters are running between Israel and the United States.

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