Israel’s two major ports, Ashdod and Haifa, held up better than expected in 2012, supported by strong domestic consumption. While we forecast this to slow in 2013, we maintain that the facilities will record positive growth. Longer term, plans for new terminals at the two facilities, capable of handling larger ships, offer hope for the long-term outlook. Headline Industry Data ? 2013 Port of Haifa total tonnage throughput to grow by 6.9%, and to average 3.6% to 2017. ? 2013 box handling at Haifa will grow by 4.7% to 1.44mn twenty-foot equivalent units (TEUs). Growth projected to average 2.8% to …
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