[RBS] News: Open-ended port strike

[Neil Kummer]

An open ended strike began this week at all the Israeli ports. With the exception of Carmel Agrexco, the exporter of produce, no containers are being loaded, unloaded, or transferred.   The strike stems from a requested 5% pay raise the Histadrut has been demanding for most of last year.

These strikes can continue for weeks, and the country loses billions of dollars. Ships, since they can't unload in Israel, unload in Europe or Egypt. If the steamship company declares, "end of voyage", customers have to pay to get their containers delivered from those countries. Those whose shipments are already at the port pay the usual very high storage rates, though they have no way of getting their goods out. Not good for Aliya. Not good for business.



**feel free to request our very informative pamphlet on international relocations.

Thanks,
Neil Kummer
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