HALIFAX, N.S. — Halterm recently announced it has reached a new agreement with Zim Israel Navigation Company, which is Halterm’s largest and longest tenured customer.
The agreement settles all outstanding issues and establishes a new rate structure for 2003.
Halterm operates under a long-term contract with Zim, but had been unable to reache agreement on container handling rates since January, 2002.
"We are very pleased to have reached this agreement with Zim," said Doug Rose, president of Halterm. "This restores some stability to the business and reflects the commitment of both parties to continue our long standing business relationship in the Port of Halifax. We have agreed on further meetings this fall to work on a longer-term rate agreement."
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