On 23 October 2020, Israel and Sudan agreed that they will normalise relations and in January 2021, the Abraham Accords were signed with the United States.
The current status is not known, nor is the effect on the boycott.
Industry Associations express their deep concern over the tragic loss of life and injuries suffered by the crew of MV True Confidence in an attack in the Red Sea on 6 March 2024.
BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind turbines. The project has been launched to support the offshore wind industry as the global demand for more renewable sources of energy increases.
Washington/Copenhagen/London, 3 January 2024; The World Shipping Council, the International Chamber of Shipping and BIMCO today expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea and unlawful detention of vessels and crews there.