The Black Sea has overtaken the Red Sea and Strait of Hormuz as the world’s most dangerous operating environment for commercial shipping following a sharp escalation in attacks on merchant vessels during July.
Maritime Security Specialist Dimitris Maniatis of Marisks told Lloyd’s List the Black Sea has become the world’s highest-risk commercial shipping environment after a surge in attacks over the past month.
According to Lloyd’s List, more than 35 merchant ships were under attack in July, resulting in the deaths of 23 seafarers – the highest monthly death toll since the conflict began. The increase in strikes has renewed concerns about the safety of commercial shipping in one of the world’s most important trade corridors.
The attacks have heightened risks for vessels operating in the region and raised concerns about the movement of grain, oil and other commodities through the Black Sea.
According to Reuters, the escalation has already disrupted exports, increased freight costs and pushed up war risk insurance premiums, prompting some operators to suspend sailings and reassess voyages through the region.
The International Chamber of Shipping (ICS) condemned the attacks.
“Seafarers should never be placed in harm’s way while carrying out their vital role in keeping global trade moving,” said ICS Secretary General Thomas Kazakos.
“We are closely monitoring developments and hope for a swift de-escalation of the situation.”
