Adani's Haifa Port Remains Unscathed Amid Iranian Missile Attack
Overview of the Incident
The Haifa port in Israel, operated by the Adani Group, has reportedly sustained no damage from the recent Iranian missile strike. Sources indicate that cargo operations at the port are continuing without interruption. This attack occurred late Saturday night as Iran retaliated against Israel for its earlier strikes on Iranian nuclear facilities and other targets.
According to two informed sources, while shrapnel from the missiles landed in the chemical terminal and nearby oil refinery, there were no reported injuries. The Adani port itself remained unaffected by the missile attack.
A piece of interceptor shrapnel was discovered at the Kishan West area of Haifa port, but again, no injuries were reported. Cargo operations are reportedly running smoothly, with eight ships currently docked at the port.
Impact on Operations
Sources confirmed that the Iranian missile attack did not disrupt the port's operations. The Adani Group has not yet issued a public statement regarding the incident, and Israeli government officials were unavailable for comment.
Haifa port is a vital maritime facility, responsible for over 30% of Israel's imports. Adani Ports holds a 70% stake in the port. While the missiles may have damaged a significant oil refinery nearby, there has been no official statement regarding the extent of that damage.
The volume handled by Haifa port represents less than 2% of Adani Ports and SEZ's total operations, contributing approximately 5% to its revenue, with a total cargo handling capacity of 10.57 million tonnes.
Ongoing Conflict
The tensions escalated after Israel conducted strikes on Iranian nuclear and military sites early Friday. In retaliation, Iran launched missiles targeting Israel, leading to a series of exchanges over the weekend as the region braces for a potential prolonged conflict.
Iran has claimed that Israel targeted two oil refineries, raising concerns about a wider assault on its energy sector, which is already under heavy sanctions. Some Iranian missiles reportedly bypassed Israeli air defenses, hitting key locations within Israel.