Haifa district court judge Adi Zarankin eased the terms of the government “golden” blocking share in the shipowner, allowing share transfers of up to 35%, from 24% previously, the Haaretz daily reported.

But the state can still apply for a court ruling on any stock sale if it believes its national interest is threatened.

Zim said the ruling allowed it “to move forward with the debt arrangement and the company’s recovery.

“The