Israel's Eilat Port to lay off half of its staff
20 March 2024; MEMO: Half the workers at Israel’s Eilat Port are at risk of losing their jobs after the seaport took a major financial hit due to the crisis in Red Sea shipping lanes, Reuters reported officials saying today.
Eilat sits on a northern tip of the Red Sea and was one of the first ports to be affected as shipping firms rerouted vessels to avoid attacks on Israel-linked vessel by the Houthis in Yemen.
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