Port of Beirut stages recovery
Beirut's levels of foreign trade are steadily recovering, with port revenues improving significantly on the lows following the war with Israel in the summer of 2006.According to its latest figures, revenues at the Port of Beirut rose by 44 per cent in the first nine months of 2007, compared with the same period in 2006, to reach $84.6 million.In 2006, the port was blockaded by the Israeli navy during the conflict.The amount of maritime freight passing through Beirut in the first nine months of 2007 has increased by 32.4 per cent year-on-year, reaching 3.9 million tonnes.The total number of vessels passing through the port rose by 30 per cent to 1,678 in the period to 30 September 2007.
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