BIMCO: Supporting seafarers
“Threats to freedom of navigation affect both global trade and the people who keep it moving.” That was the clear message from BIMCO Secretary General & CEO, David Loosley to Sagarmanthan: The Great Oceans Dialogue in New Delhi this week. Conflict, attacks on shipping and trade disputes are making the operating environment increasingly complex. But ...
The complex operating environment for global trade is significantly impacted by threats to freedom of navigation, according to BIMCO Secretary General & CEO, David Loosley. Speaking at Sagarmanthan: The Great Oceans Dialogue in New Delhi, Loosley highlighted that conflict, attacks on shipping and trade disputes create a challenging landscape.
These geopolitical disruptions result in commercial uncertainty, but the true impact falls on seafarers and their families. "For most of us, the effects of geopolitical disruption are experienced primarily through higher costs. Seafarers – and their families – bear those consequences physically and emotionally," Loosley emphasized.
He commended India's response, including Prime Minister Modi's proposal for a shared BRICS distress and rescue network and the government's "seafarer-first" initiative. BIMCO supports its members and the industry through advocacy, maritime-security guidance and war-risk clauses. The organization also works to ensure the essential role of seafarers is recognized beyond the industry.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
