“We are closely monitoring the action on ground, which is concentrated in South Israel. Haifa port in northern part of Israelis operational. We have taken measures to ensure safety of our employees and all of them are safe. We remain fully alert and prepared with a business continuity plan that will enable us to respond effectively to any eventuality,” a spokesperson from the firm stated.

“The overall contribution of Haifa in APSEZ’s numbers is relatively small at 3 per cent of the total cargo volume. For the current financial year, we have guided for Haifa Cargo volumes range of 10-12 MMT and APSEZ’s total cargo volume guidance of 370-390 MMT. In the initial six months of FY24, APSEZ’s total cargo volume was 203 MMT, of which the Haifa share is 6 MMT. We stay confident of APSEZs business performance,” the spokesperson added.