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Tag Archives: Israel

Historic: Dubai’s DP World to partner with Israeli firm in bid for Haifa Port

A container is unloaded from a cargo ship at the port of the northern city of Haifa

REUTERS, SEPTEMBER 16, 2020 JERUSALEM/DUBAI (Reuters) – Dubai’s DP World is partnering with an Israeli group to bid for one of Israel’s two main ports and to examine opening a direct shipping line between the two Middle East states, it said on Wednesday. The announcement came a day after Israel and the United Arab Emirates signed an historic agreement to …

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Israeli shipper Zim exploring IPO on foreign exchange, Globes reports

Zim containers are stacked

REUTERS, AUGUST 24, 2020 JERUSALEM (Reuters) – Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday. A Zim spokesman said the company was not commenting. Two options being examined are to hold the offering in London or New York, according to Globes, a financial news website, which did …

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Israel Pushes to Sell Its Biggest Port as China Builds Rival

Container cranes Port of Haifa

BLOOMBERG, AUGUST 4, 2020 By Ivan Levingston for Bloomberg – After years of delays, Israel is finally privatizing its largest seaport — just before it gets a serious rival next door. Since the northern Port of Haifa was inaugurated in 1933, preceding even the state’s foundation, it has served as the primary naval gateway for everything from waves of Jewish immigrants to …

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Featured Innovator: Wave BL – Fixing the “Avocados from Mombasa” problem

PortandTerminal.com, April 16, 2019 This article is featured by TheDock & PortandTerminal.com as part of our shared “Innovators in Maritime” series. The paperwork associated with international trade is unnecessarily complicated, time-consuming and costly. WAVE BL, a start-up out of Israel, is making serious headway in fixing that problem with an application that is as “simple to use as email” according …

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