Anadolu Agency

Jerusalem/Anatolia

The Chairman of the Board of Administrators and Proprietor of Eilat Port, Avi Hormero, despatched a warning letter to the Minister of Transport of Israel asking the federal government of Benjamin Netanyahu to intervene, to save lots of the port financially, as a result of cessation of deal with within the nation. port.

Hormero wrote within the letter revealed by the Calcalist web site, which specializes within the Israeli financial system, that the port is affected by an “emergency scenario” as a result of affect of the struggle on the Gaza Strip and the Houthi assaults on the Crimson Sea.

** Houthis assault

On account of the Houthi group’s assaults on ships crossing the Crimson Sea, the motion of ships to and from the port south of Israel stopped.

In response to navigation information issued by the port administration, maritime commerce has been suspended for eight months, particularly since Houthi assaults started on ships passing via the Crimson Sea.

The administration of Eilat Port threatens to fireside between 50 and 60 workers out of 120 if the state doesn’t assist the port financially.

Within the two years earlier than Israel’s struggle on Gaza started, the port of Eilat was the gateway for automobiles getting into the Israeli market.

** Industrial portal

Port information reveals that in 2023, 150,000 automobiles had been loaded within the port of Eilat, however within the first half of this yr, the port didn’t see that automobiles had been loaded, however they had been transferred to the ports of Ashdod and Haifa on the Mediterranean Sea.

Though the duty of the port administration is to proceed with the upkeep of the port and the fee of staff’ salaries for the previous eight months, it has reached a important level the place they asking for rescue from the Israeli authorities.

During the last many years, the port of Eilat has been a middle for the motion of commerce out and in of Israel and again, particularly with nations in Asia and Africa, and has been a middle of is more and more necessary because of geopolitical tensions with Lebanon’s Hezbollah.

The port has additionally become a commerce middle with China, together with the port of Haifa, which is collectively managed by a Chinese language firm, however has misplaced momentum since November, similtaneously the Houthi assaults .

In “solidarity with the Gaza Strip”, which has been dealing with Israel’s devastating struggle since October 7 final yr, with American assist, the Houthis are concentrating on, with missiles and drones, Israeli cargo ships or these related to them within the Crimson Sea.

For the reason that starting of this yr, the US-led coalition has launched raids that it says are concentrating on “Houthi websites” in numerous areas of Yemen, in response to its assaults within the Crimson Sea, which acquired a response from the group on occasion. Guam.

As Washington and London intervened and tensions escalated in January, the Houthi group introduced that it was now contemplating American and British ships amongst its army targets.

** Institution of the port

The port of Eilat was established in 1952, and is taken into account a significant participant amongst Israeli ports, because it facilitates commerce particularly with Far Jap nations. Its most important function is to offer a direct route for Israeli delivery to the Indian Ocean, bypassing the Suez Canal.

The port’s historic significance extends to battle, significantly through the Egyptian naval blockade of the Straits of Tiran within the early Nineteen Fifties, and through the Six Day Struggle in 1967.

From then till in the present day, the 915th Patrol Boat Squadron of the Israeli Navy has been stationed within the port, which proves its significance to Israel’s nationwide safety.

After the struggle in Gaza revealed the opportunity of geopolitical occasions affecting the port, a plan relationship again to the final ten years referred to as for the port to be moved to a northern space which was to dig, accessible via a water canal on the border with Jordan.

Close to the port of Eilat, the development of Raymond Airport was accomplished in 2019, along with a railway line, which Israel plans to connect with the west with the Mediterranean Sea, to rework the realm into a middle logistics.

** Threat of nationalism

Final March, the primary menace was issued by the Eilat Port Administration to put off as much as 60 staff, and the Financial Committee within the Knesset responded by threatening the port to nationalization if the employees had been expelled.

Eilat port was privatized in 2013, with a complete worth of 122 million shekels ($33.4 million) as a part of a concession settlement that prolonged till 2028.

In press experiences final April, the CEO of Eilat Port Gideon Golber stated, “Sadly, from the top of November till in the present day we solely had 2-3 ships carrying massive cargo. “

** Suez Canal

Income from Egypt’s Suez Canal declined 23.5 % within the final fiscal yr ending final June, recording $7.2 billion, as a result of Crimson Sea disaster.

In a press release issued by the Suez Canal Authority on Thursday, with its Chairman, Osama Rabie, he confirmed that the results of the Crimson Sea disaster had a significant affect on navigation visitors via the canal.

Rabie stated: “The affect of the Crimson Sea disaster has had a major affect on the motion of transit via the canal, as safety challenges have compelled many ship homeowners and operators to take various routes via the canal. , which adversely affected the charges of ships crossing the canal. .”

He stated: “The decline is mirrored in navigation statistics within the fiscal yr 2023/2024, which recorded the crossing of 20,148 ships with a complete internet tonnage of 1 billion tons and an earnings of seven.2 billion {dollars}. “

He continued: “However within the earlier fiscal yr 2022/2023, 25,911 ships had been moved, with a complete gross tonnage of 1.5 billion tons, receiving an earnings of 9.4 billion {dollars}.”

He believed that the affect of the present rigidity within the Crimson Sea “not solely impacts the Suez Canal, but in addition impacts the maritime transport market, commerce motion and international provide chains . “

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