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Joint industry statement on the latest developments in the Red Sea

Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea

In recent days, two ships have now been attacked in the Red Sea. One has sunk and the other has suffered extensive damage. These vessels have been attacked with callous disregard for the lives of innocent civilian seafarers and as an inevitable but terrible consequence, seafarers have been killed.

We join with the IMO Secretary General’s in his denunciation of the attacks and we call on all stakeholders to uphold the safety and security of innocent civilian seafarers as they pass through this vital waterway, carrying the food, goods and energy the world’s economy relies upon. This tragedy illuminates the need for nations to maintain robust support in protecting shipping and vital sea lanes.  We urge that the international standards of freedom of navigation and the sanctity of human life are recognised, upheld and defended.

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About INTERCARGO

International shipping is vital for the global economy and prosperity as it transports approximately 90% of world trade. The dry bulk sector is the largest shipping sector in terms of number of ships and deadweight. Dry bulk carriers account for 43% of the world fleet (in tonnage) and carry an estimated 55% of the global transport work.

The International Association of Dry Cargo Shipowners (INTERCARGO) unites and promotes quality dry bulk shipping, bringing together more than 290 forward thinking companies from 30 countries. INTERCARGO convened for the first time in 1980 in London and has been participating with consultative status at the International Maritime Organization (IMO) since 1993. INTERCARGO provides the forum where dry bulk shipowners, managers and operators are informed about, discuss, and share concerns on key topics and regulatory challenges, especially in relation to safety, security, the environment, and operational excellence. The Association promotes its members’ positions at the IMO, EU as well as other shipping and international industry fora, always maintaining free and fair competition as a focal principle.

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