Adani Ports and SEZ Ltd-owned Haifa Port in Israel confirmed on Sunday that the port assets and infrastructure are fully secure and in operational condition, amidst the rising conflict in the Middle East. The US and Israel attacked Iran, calling for regime change and killed Ali Khamenei.
"Haifa Port Company confirms that all its employees are safe, and all port assets and infrastructure are fully secure and in operational condition," APSEZ said in a statement.
Click here to check US-Israel Attack Iran News Live Updates
The port authority is continuously monitoring the situation and is in close coordination with the Ministry of Transport and Road Safety and operating as per their instructions.
"We remain committed to ensuring the safety of our people and the continuity of operations, maintaining stability for Israel’s supply chain and international trade," it said.
Several shipping and airports were targeted during the strikes on several nations. Dubai's international airport, its landmark Burj Al Arab hotel and man-made Palm Jumeirah Island all suffered damage during the attacks.
Thick black plumes of smoke were seen rising from the Jebel Ali port area, where one of the berths caught fire on Sunday because of debris from an intercepted missile.
Oman's Duqm commercial port was targeted by two drones, wounding one worker, as reported by Reuters.
Adani's Haifa Port in Israel
APSEZ operates 19 ports and terminals, including 15 in India and 4 international ports across Australia, Colombo, Israel, and Tanzania. The company acquired the Haifa Port Company for $1.13 billion in 2022.
In Q1 FY25, the Haifa port reported 25% YoY growth in container volume and 38% YoY growth in other cargo volume, leading to overall volume growth of 29% YoY. This quarter witnessed the highest quarterly revenue and operating EBITDA for Haifa Port since its acquisition by APSEZ.
Also read: Why Adani’s $1.2 billion stake in Haifa Port is more than just business
Haifa Port is located up in the northern part of Israel and is the largest port of the country, that handled 56% of the nation's cargo volume in 2021. It gets all cargo types - container, bulk, general, liquid and vehicles.
The key port, with its 10 terminals, serves a vast hinterland, particularly the two major cities of Israel i.e. Haifa (300 m away) & Tel Aviv (90 kms away) and has good connectivity with rail & road.
The Haifa Port Company operates and maintains 5 terminals (2 Container, 2 Multi-cargo & 1 passenger) at Haifa Port with 2 km waterfront and a max draft of 16.5 m.
"Haifa Port Company confirms that all its employees are safe, and all port assets and infrastructure are fully secure and in operational condition," APSEZ said in a statement.
Click here to check US-Israel Attack Iran News Live Updates
The port authority is continuously monitoring the situation and is in close coordination with the Ministry of Transport and Road Safety and operating as per their instructions.
"We remain committed to ensuring the safety of our people and the continuity of operations, maintaining stability for Israel’s supply chain and international trade," it said.
Several shipping and airports were targeted during the strikes on several nations. Dubai's international airport, its landmark Burj Al Arab hotel and man-made Palm Jumeirah Island all suffered damage during the attacks.
Thick black plumes of smoke were seen rising from the Jebel Ali port area, where one of the berths caught fire on Sunday because of debris from an intercepted missile.
Oman's Duqm commercial port was targeted by two drones, wounding one worker, as reported by Reuters.
Adani's Haifa Port in Israel
APSEZ operates 19 ports and terminals, including 15 in India and 4 international ports across Australia, Colombo, Israel, and Tanzania. The company acquired the Haifa Port Company for $1.13 billion in 2022.In Q1 FY25, the Haifa port reported 25% YoY growth in container volume and 38% YoY growth in other cargo volume, leading to overall volume growth of 29% YoY. This quarter witnessed the highest quarterly revenue and operating EBITDA for Haifa Port since its acquisition by APSEZ.
Also read: Why Adani’s $1.2 billion stake in Haifa Port is more than just business
Haifa Port is located up in the northern part of Israel and is the largest port of the country, that handled 56% of the nation's cargo volume in 2021. It gets all cargo types - container, bulk, general, liquid and vehicles.
The key port, with its 10 terminals, serves a vast hinterland, particularly the two major cities of Israel i.e. Haifa (300 m away) & Tel Aviv (90 kms away) and has good connectivity with rail & road.
The Haifa Port Company operates and maintains 5 terminals (2 Container, 2 Multi-cargo & 1 passenger) at Haifa Port with 2 km waterfront and a max draft of 16.5 m.
