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Israel Port Authority
The Israel Ports Authority (רשות הספנות והנמלים) is the governmental agency which supervises and regulates the operation of Israel's seaports in Haifa, Ashdod and Eilat. It is located in Tel Aviv. History The authority was set up on July 1, 1961, under the Ports Authority Law 5721-1961. On July 26, 1988, the Knesset approved an amendment to the Ports Authority Law, merging Israel Railways into the Authority, henceforth to be known as the Israel Ports and Railways Authority. In 2002, Israel Railways was turned into a new state company and separated from the Ports Authority. Responsibilities The duties are to plan, construct, develop, manage, maintain, and operate the ports. The Ports Authority law defines the Authority as a government corporation competent to acquire all rights, make all undertakings, and act as a litigant in all legal proceedings and a party to all contracts. It also stipulates that the Authority must run the ports as commercially viable enterpris ...
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Port Of Haifa
The Port of Haifa ( he, נמל חיפה) is the largest of Israel's three major international seaports, the others being the Port of Ashdod, and the Port of Eilat. It has a natural deep-water harbor, which operates all year long, and serves both passenger and merchant ships. It is one of the largest ports in the eastern Mediterranean in terms of freight volume and handles about 30 million tons of cargo per year (not including Israel Shipyards' port). The port employs over 1,000 people, rising to 5,000 when cruise ships dock in Haifa. The Port of Haifa lies to the north of Haifa's downtown quarter on the Mediterranean, and stretches to some three kilometres along the city's central shore with activities ranging from military, industrial and commercial next to a nowadays-smaller passenger cruising facility. History Haifa Bay has been a refuge for mariners since prehistoric times. When the Crusaders conquered Haifa in the year 1100, it became an important town and the main port for Ti ...
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Shanghai International Port Group
Shanghai International Port (Group) Co., Ltd. (SIPG) is the exclusive operator of all the public terminals in the Port of Shanghai. It is a component of SSE 180 Index as well as CSI 300 Index and sub-index CSI 100 Index. Its headquarters are located in , Hongkou District, Shanghai, but the registered address is located in the Shanghai Free-Trade Zone, Pudong District, Shanghai. Overseas operations In 2015, SIPG won the bid for the concession to operate the port of Haifa's new Bay Terminal in Israel for 25 years starting in 2021. Football The company owns and operates the professional football club Shanghai Port. In 2018, they became the Chinese national champions by winning the 2018 edition of the Chinese Super League. Equity investments Shanghai International Port is one of the major shareholders of the Bank of Shanghai. SIPG is also a cornerstone investor of the Postal Savings Bank of China (PSBC) on the eve of PSBC's H share IPO. As of 31 December 2019, SIPG still owned ...
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Ports And Harbours Of Israel
A port is a maritime facility comprising one or more wharves or loading areas, where ships load and discharge cargo and passengers. Although usually situated on a sea coast or estuary, ports can also be found far inland, such as Hamburg, Manchester and Duluth; these access the sea via rivers or canals. Because of their roles as ports of entry for immigrants as well as soldiers in wartime, many port cities have experienced dramatic multi-ethnic and multicultural changes throughout their histories. Ports are extremely important to the global economy; 70% of global merchandise trade by value passes through a port. For this reason, ports are also often densely populated settlements that provide the labor for processing and handling goods and related services for the ports. Today by far the greatest growth in port development is in Asia, the continent with some of the world's largest and busiest ports, such as Singapore and the Chinese ports of Shanghai and Ningbo-Zhou ...
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1961 Establishments In Israel
Events January * January 3 ** United States President Dwight D. Eisenhower announces that the United States has severed diplomatic and consular relations with Cuba (Cuba–United States relations are restored in 2015). ** Aero Flight 311 (Koivulahti air disaster): Douglas DC-3C OH-LCC of Finnish airline Aero crashes near Kvevlax (Koivulahti), on approach to Vaasa Airport in Finland, killing all 25 on board, due to pilot error: an investigation finds that the captain and first officer were both exhausted for lack of sleep, and had consumed excessive amounts of alcohol at the time of the crash. It remains the deadliest air disaster to occur in the country. * January 5 ** Italian sculptor Alfredo Fioravanti marches into the U.S. Consulate in Rome, and confesses that he was part of the team that forged the Etruscan terracotta warriors in the Metropolitan Museum of Art. ** After the 1960 military coup, General Cemal Gürsel forms the new government of Turkey (25th government). * ...
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Port Authorities
In Canada and the United States, a port authority (less commonly a port district) is a governmental or quasi-governmental public authority for a special-purpose district usually formed by a legislative body (or bodies) to operate ports and other transportation infrastructure. In Canada, the federal Minister of Transport selects the local chief executive board member and the rest of the board is appointed at the recommendation of port users to the federal Minister; while all Canadian port authorities have a federal or Crown charter called '' Letters Patent''. Numerous Caribbean nations have port authorities, including those of Aruba, British Virgin Islands, Bahamas, Jamaica, Cayman Islands, Trinidad and Tobago, St. Lucia, St. Maarten, St. Vincent and the Grenadines. Central and South America also have port agencies such as ''autoridad'' and ''consorcio'' (authority and consortium). In Mexico, the federal government created sixteen port administrations in 1994–1995 called ''Admin ...
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Transport Companies Of Israel
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may inclu ...
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Rail Transport In Israel
Rail transport in Israel includes heavy rail (inter-city, commuter, and freight rail) as well as light rail. Excluding light rail, the network consists of of track, and is undergoing constant expansion. All of the lines are standard gauge and as of 2023 approximately one-fifth of the heavy rail network is electrified, with additional electrification work underway. A government owned rail company, Israel Railways, manages the entire heavy rail network. Most of the network is located on the densely populated coastal plain. Some of the rail routes in Israel date back to before the establishment of the state – to the days of the British Mandate for Palestine and earlier. Rail infrastructure was considered less important than road infrastructure during the state's early years, and except for the construction of the coastal railway in the early 1950s, the network saw little investment until the late 1980s. In 1993, a rail connection was opened between the coastal railway from the n ...
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Government-owned Companies Of Israel
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned en ...
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Mediterranean Shipping Company
Mediterranean Shipping Company S.A. (MSC) is an international shipping line founded by Gianluigi Aponte in Italy in 1970, with headquarters in Switzerland since 1978. The privately held company is owned by the Aponte family. It has been the largest container shipping line since the start of 2022, after overtaking fellow 2M Alliance member Maersk. The company operates in all major ports of the world. As of 2021, MSC operates 570 container vessels with an intake capacity of . It has a division called MSC Cruises that focuses on holiday cruises. It also has several subsidiaries running freight trains in Italy, Spain, Portugal, and since 2022 in Belgium, all under the name "Medway". Overview As one of the world's leading container shipping lines with headquarters in Geneva, Switzerland, MSC operates 524 offices in 155 countries with over 100,000 employees. MSC's shipping line sails on more than 215 trade routes, calling at over 500 ports. MSC operates vessels with a capacity of ...
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Oligopoly
An oligopoly (from Greek ὀλίγος, ''oligos'' "few" and πωλεῖν, ''polein'' "to sell") is a market structure in which a market or industry is dominated by a small number of large sellers or producers. Oligopolies often result from the desire to maximize profits, which can lead to collusion between companies. This reduces competition, increases prices for consumers, and lowers wages for employees. Many industries have been cited as oligopolistic, including civil aviation, electricity providers, the telecommunications sector, Rail freight markets, food processing, funeral services, sugar refining, beer making, pulp and paper making, and automobile manufacturing. Most countries have laws outlawing anti-competitive behavior. EU competition law prohibits anti-competitive practices such as price-fixing and manipulating market supply and trade among competitors. In the US, the United States Department of Justice Antitrust Division and the Federal Trade Commission are ...
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Port Of Ashdod
The Port of Ashdod ( he, נמל אשדוד) is one of Israel's three main cargo ports. The port is located in Ashdod, about 40 kilometers south of Tel Aviv, adjoining the mouth of the Lachish River. Its establishment significantly enhanced the country's port capacity. It handles the largest volume of cargo containers annually (1.525 million TEU in 2017) of all Israeli ports. Ships carrying humanitarian aid for the Gaza Strip also unload their cargo at Ashdod. History The need to open another deep water port arose in Israel's early years, when it became clear that the expansion of the existing ports of Haifa and Eilat could not ensure efficient handling of the increasing volume of export and import cargoes. The decision to start the new port was based on a number of considerations: * The port meshes with the concern for population dispersal and the establishment of urban centers in the southern part of the country. * The port substantially shortens the overland transport o ...
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Israel Shipyards
Israel Shipyards is one of the largest shipbuilding and repair facilities in the eastern Mediterranean. The company also operates the first and only privately owned port in Israel. The company’s facilities are located at the Kishon Port (part of the Port of Haifa complex) include a brand new shiplift (syncrolift), capable lifting up to 3000 tons, or 100 meters LOA ships, and about 1000 meters long quay with 12 meters of water depth. History The company was founded in 1959 by the State of Israel to build both military and civilian ships, and to provide marine engineering upgrade, maintenance and repair services. In 1995, following years of underperformance and continued losses under state ownership, the company was privatized and sold to a group of local investors who, since 1998, have returned it to profitability. Today Israel Shipyards is controlled by the Shlomo Group (TASE:SHLD), a holding group owned by businessman Shlomo Shmeltzer. In May 2013, Israel Shipyard unveiled ...
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