Manufacture vessels, provide port services & import cement.
Israel Shipyards enters 2026 as a company that is still growing and deepening infrastructure, but current earnings still rest mainly on building materials and the port, while the shipyard and the newer initiatives remain more a story of tomorrow.
In 2025 maritime transport was a platform-expansion year, not a profit-expansion year: revenue rose on a larger fleet and broader activity, but dry-docking, weaker utilization, and shorter contracts kept EBITDA relatively thin.
The roughly NIS 2.7 billion shipyard backlog should start becoming more visible in the 2026 reports, but against a 2025 operating base of NIS 271.2 million of revenue and NIS 31.1 million of EBITDA it still looks like a multi-year conversion story, not a one-year monetization ev…
The new terminal can justify roughly NIS 320 million of investment only if it turns the port segment from a stable operating engine into a larger profit engine and stops leaning on intra-group funding; as of the end of 2025 the infrastructure is there, but the return is not yet…
