The Israeli port industry has undergone massive reform over the last six years. In 2005, the State decided to break up the Israel Ports Authority, a body that managed, developed and operated all three of Israel's major commercial ports in Haifa, Ashdod and Eilat. In its place, the State created four government owned companies: the Israel Ports Company, Haifa Port Company, Ashdod Port Company and Eilat Port Company.
The Israel Port Company serves as landlord of the State's port properties. It is responsible for the development of Israel's three commercial seaports and for providing the necessary infrastructure that will allow the ports to operate efficiently and competitively handle Israel's international trade. In addition to managing some of the country's largest infrastructure development projects, the company also manages and develops land allocated for necessary port/trade related services. The company is also involved with the development of port related technology, including the national maritime community information system that manages and controls the flow of all trade through Israel's ports. The IPC has recently commenced international activity via its Amirillis subsidiary and is taking on other infrastructure projects within Israel.