Israel has marked the addition of a fifth German-made submarine to its fleet with a dedication ceremony attended by the prime minister.

Benjamin Netanyahu welcomed the new German-made Dolphin-class submarine at the ceremony on Tuesday in the northern port city of Haifa. He says Israel is "capable of striking in very great strength at all those who would harm it."

The INS Rahav was built in Kiel, Germany, according to Israeli specifications. Israel already has four similar German-made submarines. According to a 2012 report in the German weekly Der Spiegel, all the submarines are capable of carrying nuclear-tipped cruise missiles.

The ship cost nearly $500 million to build, with Berlin providing about a third of the funding.