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Ashdod Port Praises Sea Port Competition

Ashdod port praises sea port competition

Ashdod, Israel (PortSEurope) November 14, 2017 – Ashdod Port CEO Yitzhak Blumenthal has participated in a conference on technological innovation for the port and shipping during the session discussed the upcoming competition at Israeli sea ports. Other attendees included Michael Eisenberg, a partner in one of the most prominent venture capital funds in Israel, and George Dimopoulos, a senior expert at DNVGL, an international accredited registrar and classification society. Blumenthal explained
how the era of competition allows Ashdod Port Company to bring about big changes, “the decision on the opening of the seaport market competition and the establishment of Ashdod Port is not only a change in regulation, but a change in reality. Ashdod Port Company would prefer to see the decision to change the situation in the port sector and open it up to competition as an opportunity to make a quantum leap from technological, operational and financial aspects of the port, and even invest in marine technological entrepreneurship as much as possible, and I estimate that the preparations we made for the competition era will do good for the port of Ashdod. ” “One of the things that make it very difficult for us as a government company in the era of competition is the issue of the Mandatory Tenders Law, ” said Blumenthal . While state-owned companies are obligated to work according to the Mandatory Tenders Law, new ports that will be opened by us will be exempt from the same obligation, which will give them a competitive advantage in equipping new technologies.” Source: Ashdod Port Copyright (C) PortSEurope. All Rights Reserved. 2017.

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