El Al Israel Airlines issued a profit warning last week indicating that hostilities in the Middle East, increased competition and rising jet fuel costs, will lead to a full-year loss

Israel’s exports to Egypt and Jordan in January-May 2006 increased, thanks to the Qualifying Industrial Zone (QIZ) export agreements with Israel's two neighboring countries

Since last Sunday, the port of Haifa had partly reopened and handled few containerships, yet most of the cargo ships are diverted to Ashdod, which operates on an emergency 24 hour basis

The Israeli shipping company Zim Integrated Shipping Services Ltd., decided last week to divert a container ship to the Greek port of Piraeus rather than unload it at the port of Ashdod

Israel's Finance Minister Abraham Hirchson decided to advised that the Israeli Government through the tax authority and Inbal insurance company will issue marine insurance policies

president of the Israeli chamber of shipping called upon all members to advise their principles about the situation and recommended that ships diverted to the port of Ashdod will declare "Termination Of Voyage" at the port of Ashdod

The Home Front Command ordered on Sunday the Haifa Port authority to evacuate all cargo vessels from the port until further notice. The Ashdod port has started preparing for large-scale absorption of cargo and passenger ships

IJS Global, Inc., the fast-growing multi-modal freight forwarder, customs broker and non-vessel operating common carrier, has signed exclusive partnership agreement with Eilat Gateport Ltd from Israel