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  • Sat. Jul 6th, 2024
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The Adani Group recently acquired the strategic Israeli port of Haifa for USD 1.2 billion.

About Haifa Port:

  • Location: It is located in northern Israel, adjacent to the city of Haifa along the Mediterranean sea.
  • It is also located on the busy Suez Canal shipping route.
  • The Haifa port is one of the two biggest commercial ports in Israel.
  • It handles nearly half of the country’s container cargo and is also the nation’s principal port for passenger traffic and cruise ships.
  • It has a natural deep-water harbor, which operates all year long.
  • The facility features two container terminals and two multi-cargo terminals. 
  • The Port of Haifa was constructed in 1933 by the British. Since 1948, it has been rebuilt and developed by the Israeli government.

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