Bimco: Fear of terror at Suez is exaggerated

It's extremely important not to exaggerate the fear of terrorist attacks in the Egyptian canal, says Bimco. It would take large-scale attacks for sailings on the canal to be affected.

Photo: Josef Polleross

Bimco downplays the fears of a terrorist attack in the Suez Canal significantly. Simply put, the organization believes that the threat of terrorist attacks is blown out of proportions, as there's no real basis for the threats. This means that Bimco defies the current news out of Egypt that have generally been about the fact that rebel groups succesfully targeted a ship and that the groups are planning further attacks on the canal.

In an effort to not add further heat to the matter, Bimco refers on its website to the fact that last week's attack on Cosco Asia, which was filmed and posted on Youtube, was unsuccessful, according to analysts from the Egyptian authorities and Cosco itself. The official report from Cosco states that the ship wasn't even hit by the shoulder-mounted rocket that the video showed being fired from the shore of the canal.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs