Maritime security is key to economic stability & sustainable development -IMO Chief | United Nations

“The safety and security of the maritime sector is fundamental to economic stability, sustainable maritime development and to livelihoods,” said Arsenio Domínguez, Secretary-General of the International Maritime Organization (IMO). As the UN Security Council opened a high-level debate today (Aug 11) on emerging challenges to global maritime security, Domínguez said threats to shipping “are ever present,” noting that in 2024 nearly 150 incidents of piracy and armed robbery were reported, with the highest numbers in the Straits of Malacca and Singapore, the Indian Ocean, and West Africa. The meeting, titled “Maritime Security: Prevention, Innovation, and International Cooperation to Address Emerging Challenges,” was chaired by Panamanian President José Raúl Mulino as the signature event of Panama’s August presidency of the Council. Panama Canal Authority CEO Ricaurte Vásquez Morales said the canal’s constitutional commitment to equal access “in times of peace or war” has helped shield it from geopolitical tensions. Over 25 years under Panamanian administration, the canal has doubled its capacity, expanded locks, and enhanced security, he said, with revenues reinvested to maintain operations and fund social projects in Panama. INTERPOL Secretary-General Valdecy Urquiza warned that piracy and armed robbery are resurging in parts of Southeast Asia, with continued threats in the Gulf of Guinea, Singapore Straits, the Red Sea, and the Somali coast. He said maritime crime is increasingly linked to terrorism, with groups using sea routes to move weapons, operatives, and illicit goods, and pointed to rising cyber vulnerabilities as ports adopt automated systems. Panamanian President José Raúl Mulino emphasized Panama’s strategic location and long-standing role in maritime trade. “More than 80% of global trade, by volume, is transported via maritime routes,” he said, calling for “clear rules, cooperation, and respect” to safeguard global shipping.


For more information or to watch video on YouTube, click here!