The Port of Eilat, in southern occupied Palestine, officially declared bankruptcy, in light of an 85% decline in activity as a result of the operations of the Yemeni Armed Forces prohibiting access to the port.
The CEO of the port stated that only one ship had arrived at the port in recent months. In addition to operations from Yemen, resistance factions in Iraq and Bahrain have also repeatedly targeted the port. The port is used for car imports and potash exports from the Dead Sea through ICL.
The ports of Asdod and Haifa are also suffering economic consequences as a result of resistance operations, which cripple the zionist economy due to the fact that 99% of its imports arrive by sea.
Several importers confirmed that shipping prices from the East to Israel have increased by 200-300% since early May. The Israeli economic website ice reported a 0.6 per cent increase in maritime shipping prices last week.
Nascent Yemen 
Leave a comment