Aussies eye Israels Eilat

Representatives of an Australian shipping company have visited Israel with a view to purchasing Eilat Port. The group is also reportedly interested in investing in the proposed rail link between Eilat and Ashdod which could provide an alternative to the Suez Canal. Also interested in acquiringAlso in the bidding for Eilat is Israel Shipyards, which owns yards in Haifa where it has been granted a license to compete for cargo traffic against the incumbent stevedoring company.