Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. G7 transport ministers, commissioner Valean welcome EU operation...

G7 transport ministers, commissioner Valean welcome EU operation to safeguard Red Sea maritime security

March 19, 2024

G7 transport ministers and European Commissioner for Transport Adina Valean on Tuesday strongly condemned the attacks perpetrated by the Houthis against commercial vessels transiting the Red Sea and Gulf of Aden and the navy ships protecting them. and welcomed the EU maritime operation "Aspides", launched on Monday, the European Commission reported in a press statement on Tuesday.The ministers emphasised that the attacks violate international law, endanger innocent lives, and threaten navigational rights and freedoms. They also highlighted the critical importance of maritime security and navigational rights and freedoms in ensuring the uninterrupted movement of essential commodities worldwide."Enhanced coordination and timely sharing of information are paramount to safeguard maritime corridors, as they are the backbone of European and global supply chains. Through the EU maritime operation Aspides and the close cooperation within the G7, we take concrete steps to facilitate smooth freight transport flows and ensure the safety of seafarers and the ships they sail on," European Commissioner for Transport Adina Valean is quoted as saying in the statement.Later, Valean said that the decision to launch Operation Aspides, Greek for shield, led by Italy and which will have its general command in Greece, was considered "very important by all stakeholders in maritime transport, because not everyone can afford to make a reroute to the Cape of Good Hope.""There is a concern about competition, let's say unfair, in the sense that ships from China or Russia can pass quietly, or at least have notified the Yemenis, which means for them a shorter and cheaper route compared to other European countries, with our operators," she added."We have agreed to form a G7 transport working group that will become operational at its meeting in Milan now, in spring, to monitor and come up with a work plan for the resilience of major logistical sea routes."According to the European Commission, the ministers noted that the attacks on commercial ships by the Houthis have significantly disrupted the freedom of navigation and posed a serious threat to the security and safety of vessels in the region. As a result, many ships have diverted their routes, leading to increased transit times, shipping costs, and disruptions to global supply chains.The joint statement was adopted at an extraordinary meeting of G7 Transport Ministers, where Commissioner Valean joined her counterparts from Canada, France, Germany, Italy, Japan, the United Kingdom and the United States of America to discuss the situation in the Red Sea.According to a draft of the final statement, the G7 ministers and Valean also welcome continued efforts of the U.S.-led operation 'Prosperity Guardian' along with UK support to protect these crucial shipping lanes.They are also calling for the Houthis to immediately cease their unprovoked attacks on shipping vessels and to release the Galaxy Leader and its crew, which they hijacked 19 November 2023."We recall that the current crisis in the Red Sea exacerbates strains experienced globally as a result of Russia's illegal war of aggression against Ukraine, extreme weather events, and global health concerns such as the ongoing recovery form the Covid-19 pandemic," reads the joint statement.  (Photo:https://european-union.europa.eu/index_en)

Read in full - click here
Deloitte Romania assisted AQUILA, leader in distribution and logistics services for the consumer goods market, in the acquisition of Romtec Europa, producer of car care fluids and aerosols

Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]

Timiș - among the top counties with high agricultural potential CBRE Romania Analysis: Business Opportunities and Alternative Investment Perspectives

CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]

Romania, a profitable destination with over 4.5 million sqm of retail modern space at the end of 2024.

By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]

Cushman & Wakefield Echinox: On average, companies spend €15,000 on fitting out each employee's office space

The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]

Romania is present through the RoTechMission delegation at the EU-Startups Summit Malta, one of the biggest events for tech startups in Europe

Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]

AeroVacanțe, part of the Aerotravel group, operates 14 charter flights to Lesbos, the third largest island in Greece: "In 2024, Romanians want to travel to as many original and authentic destinations as possible. The demand for them increased by 25% compared to the same period last year"

AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]