The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.
The International Chamber of Shipping (ICS) welcomes the announcement from the US Defence Secretary Lloyd Austin of the initiation of Operation Prosperity Guardian, to address the security challenges in the Red Sea and the Gulf of Aden and expresses gratitude for action being taken to safeguard the lives of our seafarers and ships.
Baku port has ambitious plans to create a transhipment hub to handle cargo previously routed through Russia, with work to expand its container operations to 500,000 TEU scheduled for 2024.