City
Epaper

Israel's Haifa port operator Adani Group says "closely monitoring action on ground"

By ANI | Updated: October 9, 2023 14:45 IST

Ahmedabad (Gujarat) [India], October 9 : The Adani Group, which operates Haifa Port, said it was "closely monitoring the ...

Open in App

Ahmedabad (Gujarat) [India], October 9 : The Adani Group, which operates Haifa Port, said it was "closely monitoring the action on ground" as Israel fights a war with Hamas terrorists which started Saturday.

A spokesperson of the Adani Ports and Special Economic Zone in a statement on Monday said they have taken measures to ensure the safety of the employees and all of them were safe.

"We remain fully alert and prepared with a business continuity plan that will enable us to respond effectively to any eventuality," the spokesperson added.

"At a time like this, our thoughts continue to be with the people of Israel. We are closely monitoring the action on the ground which is concentrated in South Israel, whereas Haifa port is situated in the North. We have taken measures to ensure the safety of our employees and all of them are safe," the statement added.

Further, it noted the overall contribution of Haifa in its numbers is relatively small at 3 per cent of the total cargo volume.

For the current financial year (April 23-March 24), it had 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 (April-September 23), APSEZ's total cargo volume was 203 MMT, of which the Haifa's share is 6 MMT.

"We stay confident of APSEZ's business performance," the spokesperson added.

Meanwhile, as the war entered day 3, at least 700 Israelis have reportedly been killed, and 300 deaths were recorded on the Palestine side.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

International"No deal reached", says US VP JD Vance as Islamabad talks reach stalemate

NationalAssembly of second TBM begins at Sawli for Mumbai Ahmedabad Bullet Train Project

National"RG Kar incident has shamed Bengal...": Amit Shah slams Trinamool Congress government

InternationalNo deal in US-Iran talks, says JD Vance

InternationalIran-US peace talks extended for another day: Media

Business Realted Stories

BusinessIndia's marine product exports reach Rs 62,408 crore in 2024-25, exporters urged to work towards Rs 1 lakh crore target

BusinessDelhi BJP chief Virendra Sachdeva welcomes draft EV policy

BusinessIndia turns crisis into opportunity by augmenting strategic petroleum reserve capacities, diversifying imports

BusinessAIDA urges Centre to roll out ethanol-based cooking nationwide to cut reliance on imported LPG

BusinessGovt raises diesel duties, hikes ATF levy with immediate effect