- Houthi attacks have impacted Egypt’s economy, causing $6 billion in Suez Canal revenue losses.
- Security of commercial shipping in the region is at risk, as emphasized by Egypt’s foreign minister.
- The establishment of an IMO regional office in Alexandria is seen as a step towards enhancing maritime cooperation.
In a meeting with IMO Secretary-General Arsenio Dominguez, Egypt’s Foreign Minister Badr Abdelatty highlighted the financial and security impacts of Houthi attacks, noting the significant revenue losses in the Suez Canal, reports SAFETY4SEA.
Financial Losses from Houthi Attacks
Abdelatty noted that the Houthi attacks have harmed Egypt’s economy, particularly impacting the Suez Canal, with estimated losses reaching $6 billion.
Concerns Over Maritime Security
Security concerns regarding commercial shipping in the region were emphasized, with ongoing Houthi attacks affecting maritime safety and Egyptian interests.
Egypt’s Leadership Role in the IMO
Abdelatty reiterated Egypt’s active participation in the IMO Executive Council and its commitment to maritime safety and security.
Optimism for IMO Regional Office in Alexandria
Abdelatty expressed optimism about the new IMO regional office in Alexandria, which he believes will boost cooperation in maritime transport and safety across the Middle East and North Africa.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: SAFETY4SEA
