Testimony of National Industrial Transportation League, Informal Public Hearing on the Impact of Current Conditions in the Red Sea, and Gulf of Aden Regions, FMC-2024-0003-February 7, 2024 10:00 am

NITL is very mindful of the aggressions in the Middle East and the dangers faced by ocean carriers and their crews operating commercial vessels in the region. I want to be clear that NITL strongly supports measures to ensure their utmost safety and security, which must be a top priority. However, NITL members have concerns that the conditions in the Red Sea are causing carriers to assess unreasonable rates and charges with limited notice, and shippers are experiencing substantial disruption to supply chains due to unanticipated costs and shipment delays.

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