Israel offers considerable promise as a growing market for new shipping, particularly for the specialized types which British shipyards are well-equipped to build, a five-man mission of the British shipbuilding industry reported here today, on its return from a visit to Israel.
The mission said it had been told that Israel plans to double its citrus exports in the next few years, and would need a larger merchant fleet to handle the increase. Israel’s fishing industry also plans to buy a number of trawlers.
A mission spokesman added: “If we have no contracts to report, we can say that the long-term prospects are good. We impressed on owners and Israel Ministries that the British shipbuilding industry is ready to meet the keenest competition, where it is not subsidized competition.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
