Israel Shipyards



Israel Shipyards is a large shipbuilding and repair facilities in the eastern Mediterranean. The company also operates a privately owned port in Israel. The company's facilities are located at the Kishon Port (part of the Port of Haifa complex).

Facilities include a shiplift (syncrolift), capable lifting up to 3,000 tons, or 100 m length overall ships, and a 1000 m-long quay with 12 m of water depth.

History
The company was founded in 1959 by the State of Israel to build both military and civilian ships, and to provide marine engineering upgrade, maintenance and repair services. In 1995, following years of underperformance and continued losses under state ownership, the company was privatized and sold to a group of local investors who, since 1998, have returned it to profitability.

Israel Shipyards is controlled by the Shlomo Group (TASE:SHLD), a holding group owned by businessman Shlomo Shmeltzer.

In May 2013 Israel Shipyard unveiled a new ‘Mini Corvette’ design, the Sa'ar S-72 class; to offer the Israeli Navy a new class, which fits between the Navy's existing Sa'ar 4.5-class missile boats, and Sa'ar 5-class corvettes. Through the years Israel Shipyards have built 40 Sa'ar-class missile boats; 20 were delivered to the Israeli Navy over the years. Last to be delivered were two upgraded Sa'ar 4.5 Hetz-subclass missile boats called INS Herev (2002) and INS Sufa (2003). With the new Mini Corvette the shipyard hoped to expand its offering to meet the evolving requirements, of the Israeli Navy, as well as of international customers overseas.

Missile boats

 * Sa'ar 4-class missile boat
 * Sa'ar 4.5-class missile boat
 * Sa'ar 72-class corvette

Offshore patrol vessels (OPV)

 * Sa'ar 62-class offshore patrol vessel
 * OPV 45

Fast patrol crafts (FPC)

 * Shaldag-class patrol boat
 * Zivanit-class hydrofoil patrol boats

Merchant vessels

 * Tugboats
 * Bulk freighters

Ship repairs
The Shipyards has capability and experience to design and execute projects such as:
 * Damage repair of merchant ships
 * Jumboizing of container ships
 * Conversion and modification of cargo vessels
 * Repairs and maintenance of merchant and Naval vessels

Industrial structures
The company uses its facilities to build and deliver non-ship related commissions; recently completed projects include:


 * Panamax and Post Panamax container cranes
 * Harbor construction and cargo handling installations
 * Coal unloading steel piers and cranes for the Orot Rabin power plant
 * Industrial large pressure vessels
 * Potash storage and loading installation
 * Jet bridges for Ben Gurion International Airport's terminal 3