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Israel Ports and Railway Authority is the governmental agency which operates and manages Israel's seaports in
HaifaHaifa is the largest city in northern Israel, and the third-largest city in the country, with a population of over 268,000. Another 300,000 people live in towns directly adjacent to the city including the cities of the Krayot, as well as, Tirat Carmel, Daliyat al-Karmel and Nesher...
,
AshdodThe Port of Ashdod is one of Israel's two main cargo ports. The port is located in Ashdod, about 40 kilometers south of Tel Aviv, adjoining the mouth of the Lachish River. Its establishment doubled the country's port capacity. It is a major point of entry for both cargo and tourists in and out of...
and
Eilat.
The Ports Authority was set up on July 1, 1961, under the Ports Authority Law 5721-1961. On July 26, 1988, the
KnessetThe Knesset is the unicameral legislature of Israel, located in Givat Ram, Jerusalem.-Role in Israeli Government :The legislative branch of the Israeli government, the Knesset passes all laws, elects the President and Prime Minister , approves the cabinet, and supervises the work of the government...
approved an amendment to the Ports Authority Law, merging
Israel RailwaysIsrael Railways is the principal passenger railway operating company in Israel, and is responsible for all inter-city and suburban rail way passenger and freight traffic in the country. All its lines are standard gauge. The network is centered in Israel's densely populated coastal plain, from...
into the Authority, henceforth to be known as the Israel Ports and Railways Authority.
The law defines the Authority as a government corporation competent to acquire all rights, make all undertakings, and act as a litigant in all legal proceedings and a party to all contracts. The duties of the Authority are to plan, construct, develop, manage, maintain, and operate the ports and railways. The law stipulates that the Authority must run the ports and railways as commercially viable enterprises. The law also specifies those matters that require Government approval - development budgets, changes in tariffs, etc.
The Ports Authority Council is appointed by the Government on recommendation of the Transport Minister. Of its 17 members, ten represent the public, and seven represent government ministries.