Ray Shipping

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Aug 21, 2026

Markets

Rami Ungar's shipping company ordered new ships from China for $1 billion

Ray Shipping has ordered about 10 Chinese-made ships with a capacity of over 8,500 vehicles each. Xiaomi is expected to start exporting its cars to Europe in 2027, and Horizon Motors is launching Chinese FAW trucks in Israel. This week in the automotive industry.

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