Page 21 - INTERCARGO's ESG Review 2024

INTERCARGO ESG REVIEW 2024
UKRAINE & RED SEA GEOPOLITICAL CRISES

The war in Ukraine and the Red Sea crisis have been Not only are these attacks putting crew members and
significant disruptive forces in the shipping sector posing vessels at risk but East African nations and regions relying
substantial risks in the safety of vessels and their crews that on the transit of dry bulk cargoes, such as food and vital
operate in the affected areas. raw materials, through the Red Sea will face severe
consequences due to trade disruptions.
Since the Ukrainian crisis started, INTERCARGO has
actively participated in an industry task force formed to INTERCARGO continues to monitor the situation closely
gather information and to share experiences and valuable and offer guidance and support to members, as the
data with ship operators. This has supported INTERCARGO industry collaborates with all stakeholders to address the
members in making informed decisions regarding threat posed and safeguard international shipping.
operations in and around the Black Sea and the Sea of Azov.
With Non-Governmental Organisation status at the IMO,
Additionally, since the eruption of Red Sea geopolitical INTERCARGO is actively involved in discussions and
crisis, INTERCARGO has condemned the attacks on information sharing at the highest level. The association
merchant vessels transiting the Red Sea and is calling for endorses the IMO’s stance that there must be caution and
an immediate stop to these actions and the release of ships restraint to avoid further escalation of the situation in the
and their crew being held. Red Sea and broader area, in alignment with UN Security
Council Resolution 2722 (2024) on the Red Sea.
“The safety of our seafarers remains INTERCARGO’s
paramount concern, and we urge our members to remain For more information, you may visit: https://www.
vigilant and take note of the guidance being issued by intercargo.org/intercargo-statement-on-red-sea-attacks/,
the industry.” https://www.intercargo.org/intercargo-statement-on-
black-sea-grain-initiative/ and https://www.intercargo.org/
ukraine-crisis-updates/

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