The new "Eitan" port facility, north of Ashdod port, was inaugurated on August 2 in the presence of Prime Minister Ariel Sharon, Transport Minister Shitrit and Finance Minster Netanyahu and 3,500 representatives of the private and public sectors

The new port project which is one of the largest infrastructure projects at present, estimated at NIS 1.2 billion (USD 264 million), aiming to increase Haifa Port's container capacity by an extra 450,000 TEU a year

The new Eitan port facility, north of Ashdod port, will be inaugurated on August 2 in the presence of Prime Minister Ariel Sharon, Transport Minister Shitrit and Finance Minster Netanyahu

According to Israel Ports Development and Assets company out of the NIS 1.76b. budget, NIS 921m. will be invested in completing the first part of the Port Eitan Project at Ashdod Port

IBM announced last week that it is involved in the setting up a NIS 12 million SAP system for Zim integrated shipping services

China Shipping, through its local agent in Israel – "Intermaritime", will begin a new weekly round the world container service which will serve the Far East, Israel, ports in the Terranean sea and North America

Israeli and Jordanian transportation ministers Meir Sheetrit and Saud Naseirat attended last week the inauguration ceremony for the opening of the new terminal at the Sheikh Hussein Bridge crossing over the Jordan River

The port of Haifa company said last week that container movements for the six months period January – June 2005, compared to the same period last year, shows an increase of 0.9%