AS Houthi attacks escalate, stronger international measures must be implemented to safeguard shipping routes, according to the cyprus Shipping Chamber, reports Nicosia's Cyprus Mail.
The ongoing conflict in the Red Sea, marked by Houthi missile attacks, poses a grave threat to global shipping and international trade, said Thomas Kazakos, the chamber's director general.
Mr Kazakos called for stronger international cooperation and protective measures to safeguard seafarers and secure vital supply chains, underscoring the escalating costs and delays caused by these disruptions.
In addition, he outlined the ongoing initiatives the chamber is undertaking to bolster the sector in these challenging times.
Danish shipping giant Maersk warned that disruptions caused by Houthi attacks are reverberating throughout its global network.
Since November 2023, these attacks have targeted commercial vessels, increasing shipping costs and delays across Asia, Europe, and beyond.
Maersk highlighted that Asian ports are experiencing significant delays due to rerouted vessels, causing congestion that may impact Australian ports.
Recent attacks include the targeting of Maersk Sentosa and multiple other vessels, prompting US and EU-led security missions.
Mr Kazakos highlighted that the Red Sea serves as a critical maritime corridor, with '12 per cent of global trade' passing through it, linking Europe and Asia.
'We must urgently and intensely collaborate to stop the Houthis' attacks on seafarers and merchant ships and to de-escalate what has become a grave threat to international trade,' he said.
SeaNews Turkey
The ongoing conflict in the Red Sea, marked by Houthi missile attacks, poses a grave threat to global shipping and international trade, said Thomas Kazakos, the chamber's director general.
Mr Kazakos called for stronger international cooperation and protective measures to safeguard seafarers and secure vital supply chains, underscoring the escalating costs and delays caused by these disruptions.
In addition, he outlined the ongoing initiatives the chamber is undertaking to bolster the sector in these challenging times.
Danish shipping giant Maersk warned that disruptions caused by Houthi attacks are reverberating throughout its global network.
Since November 2023, these attacks have targeted commercial vessels, increasing shipping costs and delays across Asia, Europe, and beyond.
Maersk highlighted that Asian ports are experiencing significant delays due to rerouted vessels, causing congestion that may impact Australian ports.
Recent attacks include the targeting of Maersk Sentosa and multiple other vessels, prompting US and EU-led security missions.
Mr Kazakos highlighted that the Red Sea serves as a critical maritime corridor, with '12 per cent of global trade' passing through it, linking Europe and Asia.
'We must urgently and intensely collaborate to stop the Houthis' attacks on seafarers and merchant ships and to de-escalate what has become a grave threat to international trade,' he said.
SeaNews Turkey
