Eilat Port Revenue Plummets 80% for Zionist Regime
according to webangah News Agency,the Zionist magazine Marker revealed that Eilat port’s 2024 revenues dropped by 80% following Yemen’s maritime blockade,which prevents ships from docking at the strategic Red Sea facility.
The Israeli cabinet will vote on a proposed 3.2 million shekel ($860,000) conditional compensation package during its upcoming Sunday session.
The legislation underscores the severity of losses inflicted by the blockade, forcing Israeli vessels to reroute around Africa to reach Mediterranean ports of Ashdod and Haifa instead.
Zionist sources confirmed only six ships docked at Eilat between January and mid-May 2025,resulting in 21 employees being placed on unpaid leave. Just 16 vessels used the port throughout the previous calendar year.
Eilat’s revenue plummeted from 212 million shekels ($57 million) in 2023 to just 42 million shekels ($11.3 million) in 2024 - a year that saw only one-tenth of the previous year’s ship traffic (134 vessels in 2023).