AhlulBayt News Agency: TheMarker, an Israeli magazine, has reported a significant decline in Eilat port’s revenue due to the maritime siege imposed by Yemeni Armed Forces.
According to the report published on Friday, Eilat’s income dropped by 80% in 2024, following restrictions preventing ships from docking at the port.
The magazine stated that Eilat port’s earnings were 212 million shekels in 2023, but fell to just 42 million shekels in 2024.
The report further revealed that only six vessels have docked at Eilat port since the beginning of 2025 through mid-May, leading to 21 employees being placed on unpaid leave. In 2024, only 16 ships moored at the port, compared to 134 ships in 2023.
In response, the Israeli cabinet is set to vote on a bill compensating conditional damages up to 3.2 million shekels in its Sunday session.
The bill highlights the severe impact of the blockade, which has forced Israeli ships to reroute around Africa to reach Ashdod and Haifa ports in the Mediterranean.
The Yemeni Armed Forces have repeatedly launched strikes on Israeli-occupied territories, declaring that their operations will continue until Israel ceases its attacks on Gaza.
/129
Your Comment