The plan, if approved, would be financed by the European Union, which expressed interest in investing over 300 million euro in joint transportation infrastructure projects among Israel, Jordan and the Palestinian Authority

The heaviest fine ever to be imposed in Israel, NIS 584,000, (USD 129,000) for marine pollution was given last week by Judge Mordechai Argaman of the Krayot Magistrates Court

It was agreed to extend the rail line from the old Ashdod's port to the new Jubilee Port complex and build a new rail cargo terminal at an estimated investment of NIS 130 million.

Msc Israel announced last week the inauguration of a new direct service fro Israel to the Adriatic port of Koper. The Port of Koper lies in the gulf of Koper in the point in which the Adriatic Sea indents the most into the European continent

China Shipping's AMAX (Asia -Mediterranean-America) service, will offer, through its Israeli subsidiary China Shipping (Israel) ltd, beginning December, a direct service from Israel to Los Angeles on US West Coast

The Haifa Port company reported last week a 35% rise in container traffic in the third quarter, compared with the corresponding quarter last year, and a 10% rise in January-September period

"Zim Asia", Zim Integrated Shipping Services' container vessel which is suspected of sinking a Japanese fishing boat five weeks ago, in which seven Japanese fishermen drowned, docked at Haifa Port Sunday morning last week

Mr. Nahum Ganzarsky, President if the Israeli Chamber of Shipping addressed last week the ministers of Transport and Finance requesting their approval to grant work permits to port workers in Haifa