Israels southern Port of Eilat has declared bankruptcy because of the lack of commercial and trade activity.
Eilat Port CEO Gideon Golber said: The port is completely closed, and there has been no activity in the port for eight months, due to the failure of the coalition countries in the Red Sea. We have not had any income for the last months, and it is time for the state to put its hand in its pocket and understand that the closed port must be helped.
