UN Maritime Chief to visit Egypt amid significant decline in Suez Canal traffic

 LONDON : In response to a 70% decline in freight traffic through the Suez Canal, the head of the International Maritime Organization (IMO), Arsenio Dominguez, plans to visit Egypt. This decision comes as part of efforts to address the extensive impact of the Red Sea crisis on global shipping and regional stability.

The sharp decrease in canal traffic, exacerbated by the ongoing conflict involving Yemeni Houthi rebels, has raised concerns about significant increases in maritime pollution due to ships rerouting around the Cape of Good Hope. Dominguez highlighted the substantial environmental and economic consequences of this diversion, which not only increases emissions by approximately 70% but also drives up global trade costs.

The upcoming visit aims to strengthen the IMO’s presence and activities in Egypt, focusing on enhancing regional cooperation and addressing the maritime and environmental challenges posed by the current geopolitical tensions. Dominguez expressed particular concern for the welfare of the crew aboard the Galaxy Leader, a vessel held hostage by Houthi forces since late 2023.

As part of his regional engagement, Dominguez discussed the broader implications of the crisis, including its impact on climate change and trade. He plans to continue high-level discussions with regional authorities and international partners to foster a coordinated response to the challenges facing the maritime sector.

The establishment of a regional coordination office in Egypt is planned to facilitate these efforts, emphasizing tanker cooperation and safety operations within the troubled waters of the Red Sea.

The IMO’s proactive stance under Dominguez’s leadership aims to restore normalcy and security to one of the world’s most vital maritime routes and to ensure the safety and release of the Galaxy Leader’s crew ahead of broader diplomatic resolutions.