Air cargo - 11% up in 1st half
30.08.04
Air cargo - 11% up in 1st half
Press release issued by the Civil Aviation Authority ( CAA ) shows that during the first half of 2004 cargo movements at Ben-Gurion airport increased by 11% compared to same period last year
El Al: 7 million dollars net profit in the 2nd quarter
30.08.04
El Al: 7 million dollars net profit in the 2nd quarter
El Al continues to show profits. For the first time in its history, the airline has had four successive quarters showing profits; The cash flow from current activity in the reported quarter is higher than ever
Manufacturers Association: 5 million dollars required to subsidize air lift during ports strike
23.08.04
Manufacturers Association: 5 million dollars required to subsidize air lift during ports strike
The Manufacturers Association of Israel (IMA) and the Ministry of Finance concluded an agreement concerning government participation in the costs of air lifting marine cargo during the four weeks long port workers strike
U.S. Customs delegation visited Israel to examine textile's FTA rules of origin
23.08.04
U.S. Customs delegation visited Israel to examine textile's FTA rules of origin
An investigation was being held by the U.S and Israeli Customs Authorities to find out who was behind an illegal import of US$60 millions worth of Asian made textile products shipped via Israeli ports into the U.S.A
Export to China – trade indicators are favorable
23.08.04
Export to China – trade indicators are favorable
Export of high-tech products including drugs & medicines to China, in the first half, was up by 55%. Exports of food fell by 35% and textile by 31%. Yechiel Asia, Director General of the Israel Export Institute sees, for the whole of 2004, increase in exp
Eyal Melamud, Chairman of the Israeli Shippers Cou
23.08.04
Israeli shippers council will claim damages from striking port workers
The management of the Israeli Shippers Council gave its chairman a green light to begin legal actions against port workers union and the Histadrut trade unions, claiming full compensation for damages incurred by local shippers during the four weeks long l
Dr. Yoram Sebba, Zim's CEO
23.08.04
Zim relocates its regional hub from Haifa to Taranto
Zim Integrated Shipping Services Ltd. announced on Wednesday the relocation of its regional hub from the Port of Haifa to the port of Taranto, Italy. Zim's announcement was due to the ongoing labor disputes at Israel's ports
Lloyd Triestino upgrading Intra Med Services
23.08.04
Lloyd Triestino upgrading Intra Med Services
A. Rosenfeld shipping ltd., port agents for Lloyd Triestino (LT) in Israel, has informed the shipping public that at the end of August, its principle will upgrade its Intra Med Service