The race to reset the Middle East’s maritime map
On the Levantine seaboard, Chinese state-owned Shanghai International Port Group (SIPG), working with Shanghai Zhenhua Port Machinery Company, the world’s leading supplier of heavy loading and logistics equipment, constructed a new, state-of-the-art private port in Israel’s Haifa Bay with a container capacity upwards of 1.86 million TEU. Known as Bay Port, SIPG is slated to operate Israel’s…
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