According to the new plan, a new terminal would be constructed in cooperation with the private sector by the year 2015, at an investment of about $800m

During May the port experienced 11% increase in traffic compared to May 2006 and 9% increase in traffic during the five months, January to May 2007

The goal of the association was to continue regular economic and business ties regardless of who controls Gaza. The value of all goods is estimated at about NIS 3 billion a year

The new service, which commenced in mid May 2007 is part of the East Mediterranean Express (EMX) service set up by the CKYH Alliance

Another new visitor to the port of Ashdod last week was the 'Royal Princess’. It was the Princess' first sailings to the Holy Land in more than five years

The port also experienced 15% increase in the number of total containers moving through the port during that period and an increase of 13.6% in loaded containers imported

Total investment in the works will amount to NIS90 million of which NIS47 million will be paid for the new control building at the port of Ashdod

Haifa Port Company planning NIS 550 million private placement of ten-year bonds to finance the port’s investment plan over the coming years