The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
The letter from AAFA, NRF, USFIA and others amounts to a plea for international intervention to secure trade in the region for those businesses that are affected. They pointed specifically to Operation Prosperity Guardian, a multi-nation commitment to defending shipping in the region.
“Maritime safety and security are vital for our collective industries, and the overall global economy,” the groups said. “It is imperative that governments unite behind a zero-tolerance approach to deter attacks on commercial vessels and seafarers in the Red Sea, and anywhere in the world.”