So far, Israel has decided to allow into Gaza all items except those fit for military use. What remains of the "siege" is not allowing the Export of finished goods even if raw materials can come in, as well as the prevention of movement of Gazans in and out of that territory (irrespective of security considerations). The inability to export essentially destroys the Gaza economy, rendering the population destitute and in need of food relief. And here is a legal opinion (by the UN's Human Rights Council): "The [Goldstone] Report states that Israeli acts that deprive Palestinians in the Gaza Strip of their means of subsistence, employment, housing and water, that deny their freedom of movement and their right to leave and enter their own country, that limit their rights to access a court of law and an effective remedy, could lead a competent court to find that the crime of persecution, a crime against humanity, has been committed"- unhchr.ch/huricane/huricane.nsf/0/9B63490FFCBE44E5C1257632004EA67B?opendocument On this basis, the remainder of the "siege" should also go. In any event, the prevention of ships going into Gaza is justified by security concerns. The ports of Ashdod (Israel) and El-Arish (Egypt) are near the Gaza strip and should be used instead.
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from the article: World leaders at G8 summit: Current Gaza tensions unsustainable