Conbulk Ship Management has joined the list of container shipowners that have stopped sending ships to the Red Sea, according to its chief executive Dimitris Dalakouras.
Follow ups – Al-Khabar Al-Yemeni:
“We have stopped trading there. This will have very bad consequences if everybody stops, to the local economy, to the local economic entities,” he told the Capital Link forum in London today.
This move follows the targeting of the Groton ship by the Yemeni armed forces due to the company that owns it violating the decision to ban entry to occupied Palestine.
The step brings Conbulk into line with other small cargo transport service providers that have also refused to allow vessels to trade to the region.
MPC Container Ships chief executive Constantin Baack said: “We discontinued trading immediately because the safety of the crews is of utmost importance. And earning a few dollars more doesn’t justify any of this.”
“We have had a lot of discussions with some of our charters because the lease contracts obviously included clauses that did not prevent them from trading through the Red Sea.”
“We will only continue once there is safety for the crew, and I think that is the basic principle from our standpoint.”
Leonhardt & Blumberg managing director Torben Kolln agreed that the risks were too great to justify the rising ship leasing prices.
He said: “You can say the crew can take their own risk, but we have seen that there is also an environmental risk, and who is willing to take that?
“So, for us, it is absolutely no good to go to the Red Sea, and also now we extended the area to the Gulf of Aden. It is an enormous area. Every week, every second week, we hear terrible things.
“I can’t understand how you can still go there. It is insane, actually,” Kolln said.
Euroseas chief financial officer Anastasios Aslidis said his company set conditions for chartering ships “largely” avoids going into the Red Sea.
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