Israel Shipyards

What Israel Shipyards does

Israel Shipyards Ltd., established in 1959 in Haifa Bay, Israel, is a publicly traded shipbuilder (TLV: ISHI) operating one of the largest publicly held shipbuilding facilities in the Eastern Mediterranean, covering 330,000 square meters with 45,000 square meters under roof. The company was privatized in April 1995 and is controlled by its holding company, Israel Shipyards Industries Ltd. Its core business is the design and construction of combat-proven naval vessels — the SAAR class fast-attack missile boats (originator of the fast-attack concept in the Western world in the late 1960s), the SHALDAG family of fast patrol craft, and Offshore Patrol Vessels in 45m, 58m, and 62m configurations — alongside a commercial ship line (merchant vessels up to 10,000 tons, floating docks, tugs, service boats), industrial metal fabrication, and Oil & Gas support services. Operations are supported by a 3,000-ton Syncrolift, drydock facilities, and the company's wholly-owned Israel Shipyards' Port (Israel's first private port, established 2007).

Name

Israel Shipyards

Legal name

Israel Shipyards Ltd.

Website

https://israel-shipyards.com

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

101–250 employees

Short description

Israel Shipyards is a publicly held Israeli shipbuilder (est. 1959, Haifa Bay) designing and producing combat-proven naval vessels — SAAR-class fast-attack boats, the SHALDAG patrol craft family, and OPVs — alongside commercial ships, repair, and industrial fabrication, serving navies, coast guards, and border police across four continents.

Ownership category

akta.pro rank

Product category

Naval Shipbuilding

NAICS

Ship Building and Repairing (336611), Ship and Boat Building (3366)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Patrol & Littoral Security Craft (OPV, Fast Attack, Interceptors) (IMAJABAE)

akta.pro secondary industries

Surface Combatants (Destroyers, Frigates, Corvettes) (IMAJABAA), Landing Craft & Amphibious Workboats (LCM/LCT-style, Beaching Craft) (IMAJADAK), Harbor & Terminal Tugs (ASD/Voith, Escort Tugs) (IMAJADAA), Barge & Coastal Freighter Shipbuilding (IMAJAAAK)

Keywords

• Naval shipbuilding
• Fast patrol craft
• Offshore patrol vessels
• Ship repair services
• Defense vessel manufacturing

Headquarters

HQ city

Haifa

HQ country

Israel

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Naval Vessel Manufacturing: Design, construction and delivery of combat-proven naval vessels including SAAR-class missile boats, SHALDAG fast patrol craft, and offshore patrol vessels (OPVs) to navies, coast guards, and border police forces worldwide.
2. Ship Repair and Maintenance: Comprehensive ship repair, maintenance, and overhaul services using Syncrolift and drydock facilities. Services include damage repair, renovation, conversion, and upgrading of all vessel types. Holds Master Repair Agreement with US 6th Fleet.
3. Industrial Products: Land-based heavy industrial construction using naval-standard quality, including pressure vessels, container cranes, harbor construction, desalination facilities, and passenger loading bridges.
4. Oil & Gas Support Services: Logistics, fabrication and repair services for offshore drilling industry since 2009. Includes fabrication of marine steel structures, rigid jumpers, natural gas pipe spools, tubular inspection and repair, and port access services.
5. Commercial Vessels: Building of merchant ships (3,000-10,000 ton capacity), floating docks, tugs, and service boats for commercial shipping industry.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels4 records

Core offering

Israel Shipyards designs, builds, and repairs naval and commercial vessels at its shipyard in Haifa, Israel. The company produces fast patrol craft (SHALDAG class), offshore patrol vessels (OPVs), SAAR-class fast attack vessels, merchant ships, tugs, floating docks, and the LCM 24M landing craft, and provides ship repair, industrial fabrication, and oil and gas support services.

Product overview

Israel Shipyards Ltd operates as one of the largest publicly held shipbuilding facilities in the Eastern Mediterranean, serving naval and commercial marine markets since 1959. The company offers a comprehensive portfolio organized into four main product categories: Naval Products (including SAAR Class fast-attack vessels, SHALDAG Fast Patrol Craft family with variants from MK II through MK V and Mini-Shaldag, and Offshore Patrol Vessels in OPV 45m/58m/62m configurations), Commercial Products (merchant ships, floating docks, tugs, and service boats), Ship Repair Services (featuring a 3,000-ton Syncrolift and comprehensive maintenance capabilities), and Industrial Products (pressure vessels, cranes, and infrastructure). The company also provides specialized Oil & Gas Support Services for offshore drilling operations. Supporting all vessel offerings is an Integrated Support Package including training programs and Transfer of Technology (TOT) initiatives. The plant covers 330,000 sq. meters with 45,000 sq. meters of under-roof facilities located in Haifa Bay.

Differentiator

Problem solved

Functional benefit

Products and services

• SHALDAG Fast Patrol Craft
• Offshore Patrol Vessel (OPV) Medium-sized patrol vessels for maritime security, EEZ enforcement, and search-and-rescue operations, sold to navies, coast guards, and law enforcement agencies.
• SAAR Class Fast Attack Vessel Corvette-sized fast attack missile vessels designed for blue-water naval combat, sold to the Israeli Navy and allied navies.
• Merchant Ships Commercial cargo and container vessels built to international maritime specifications for commercial shipping operators.
• Floating Docks Engineered floating dock structures for ship maintenance, repair, and refit operations, sold to port authorities and ship operators.
• Tugs Harbor and ocean-going tugboats for port and offshore towing operations, sold to port operators and offshore service companies.
• Service Boats Utility vessels for port services and maritime logistics support, sold to port operators and marine service companies.
• LCM 24M Landing Craft 24-meter landing craft mechanized vessel for amphibious operations, sold to military and security forces.
• Ship Repair Services Full-service ship repair, maintenance, and refit for naval and commercial vessels at the Haifa shipyard, offered to navies, government fleets, and commercial operators.
• Industrial Products Custom industrial fabrication, including metal structures, pressure vessels, and industrial components, produced for industrial and infrastructure customers.
• Oil and Gas Support Services Marine support services for offshore oil and gas operators, including platform supply, maintenance, and specialized vessels serving the Eastern Mediterranean energy sector.

Quantifiable outcome

• Combat-proven success cited in 1973 war defense of Israel
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered minor and core.

• Israel Ports CompanyminorStrategic or Co-development Partner · 12 May 2026Participated together at MARE MED III Athens Conference 2026 discussing strategic convergence in Eastern Mediterranean. Both Israeli organizations engaged in regional maritime cooperation initiatives.
• Israel Aerospace IndustriesminorStrategic or Co-development Partner · 12 May 2026Participated together at MARE MED III Athens Conference 2026. Both defense industry leaders engaging in regional strategic discussions on Eastern Mediterranean cooperation.
• Dead Sea Works (ICL Group)minorStrategic or Co-development Partner · 1 September 2023ISL built and launched Karnel harvest barges for Dead Sea Works at ICL Group facilities. Hull blocks constructed at Haifa Bay and transported for assembly at Dead Sea site.
• SIBAT (Israel Ministry of Defense - International Defense Cooperation)coreStrategic or Co-development Partner · 1 July 2022SIBAT participated in SHALDAG MK V launching ceremony for Philippine Navy, representing Israeli Ministry of Defense international cooperation. The partnership facilitates export of Israeli naval defense systems and coordinated defense industry engagement.
• Rafael Advanced Defense SystemscoreTechnology or Integration · 1 July 2022Rafael participated in SHALDAG MK V launching ceremony for Philippine Navy, providing weapon systems integration. As part of the 'Golden Triangle' approach, Rafael's systems are integrated into ISL naval vessels.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC5Y6asizzhd8BL5Mo2MvDSg
• LinkedInil.linkedin.com/company/israel-shipyards

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Israel Shipyards