IBF to establish High Risk Area in the Red Sea
FOLLOWING incidents in the Red Sea and the Bab El-Mandeb Strait since Nov. 19, 2023, the International Bargaining Forum (IBF) has agreed to designate the southern section of the Red Sea and the Strait as a High Risk Area (HRA) beginning Dec. 22, 2023.
This means that seafarers transiting this area covered by IBF agreements will be entitled to a bonus that is equal to the basic wage, payable for the duration of the transit; double compensation for death or disability and increased security arrangements equivalent to International Ship and Port Facility Security (ISPS) Code Level 3.
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