Israel-Palestine war: Maritime industry cautious - News Summed Up

Israel-Palestine war: Maritime industry cautious


The Israel-Palestine war has seen leading international companies issue cautionary advisories and adapt their operations in the region, according to the latest update from Container xChange. Port of Haifa: The port of Haifa, encompassing the Haifa Bay port and Israel shipyard, continues with business as usual, undeterred by the conflict. Port of Eilat: The port of Eilat similarly remains operational, showcasing the industry’s commitment to ensuring the flow of maritime trade. “For the current financial year (Apr 23-Mar 24), we have guided for Haifa cargo volumes range of 10-12 million tonnes and APSEZ’s total cargo volume guidance of 370-390 million tonnes. In the initial six months (Apr-Sep 23), APSEZ’s total cargo volume was ~203 million tonnes of which Haifa’s share is six million tonnes.


Source: The North Africa Journal October 14, 2023 00:57 UTC



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