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Shipping giant warns of global transport disruptions

Maersk has put customers on notice that risks in the Red Sea may persist for months      Danish shipping major AP Moller-Maersk has warned of significant disruptions to the global shipping network due to the elevated risk of attacks in the Red Sea.   "While we hope for a sustainabl.....»»

Category: newsSource: philippinetimes philippinetimesJan 20th, 2024

Red Sea crisis exposing EU energy weakness - FT

Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday.    The rising p.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 3rd, 2024

UNCTAD raises alarm over global trade disruptions

The United Nations Conference on Trade and Development is sounding the alarm about the increasing disruptions in global trade, attributed to escalating geopolitical tensions and the impact of climate change on vital trade routes around the world......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

US strikes Houthi anti-ship missiles, shipping disruptions grow

The anti-ship missiles targeted in the strikes were being prepared by Yemen's Houthis for firing into the Red Sea and deemed 'an imminent threat' to shipping and US Navy vessels in the region, says the US military.....»»

Category: newsSource:  rapplerRelated NewsJan 19th, 2024

GPS 2024: Investing in reliable public transport

Transport Minister Simeon Brown has confirmed targeted investment of more than $2 billion over the next three years for public transport projects and services, as part of the draft Government Policy Statement (GPS) on Land Transport. "Delivering reliable, effective, and efficient public transport is a priority for the Coalition Government. The draft GPS commits up to $2.3 billion for.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Higher shipping costs loom as Red Sea route suspended

The suspension of Red Sea routes by major shipping lines because of the continued attacks of Iran-backed Houthi rebels in Yemen is expected to result in higher shipping rates and delay the trade of goods which may affect exporters from ecozones, the Philippine Economic Zone Authority said yesterday......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024

GPS 2024: Over $20 billion to get transport back on track

Transport Minister Simeon Brown has released the draft Government Policy Statement (GPS) on Land Transport, outlining the Coalition Government's plan to build and maintain a transport system that enables people to get to where they need to go quickly and safely. "Over the next three years, our investment of around $7 billion per year prioritises economic growth and productivity, increased.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 31

JAKARTA -- The authorities of Indonesia's Batam Island officially started on Sunday the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost trade between the two countries. The direct shipping service was initiated by Persero Batam and the Batam Concession Agency in collaboration with SITC International Holdings, a Hong Kong-based shipping logistics company. (Indonesia-Chi.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

Baltimore bridge collapse could lead to delayed shipments, higher shipping costs

The closure of the Port of Baltimore in the US following the collapse of the Baltimore key bridge is expected to lead to shipment delays and higher shipping costs......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

Manila-based shipping firm eyes resumption of Davao-Lupon ferry services

DAVAO CITY (MindaNews/February 20) – A Metro Manila-based shipbuilding company is eyeing to resume the Davao City – Lupon, Davao Oriental ferry boat operation in October, a City Council official said Tuesday. Councilor Conrado Baluran, Committee of Transportation and Communications chair, said that shipping firm Pinoy Catamaran proposed the possibility of servicing the stalled ferry […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

LTFRB may ‘libreng sakay’ kasabay ng transport strike sa April 15

MAY handog na libreng sakay ang Land Transportation Franchising and Regulatory Board (LTFRB) ngayong Lunes, April 15. Ito ay para sa mga commuter na maaapektuhan ng transport strike. Ang anunsyo ng LTFRB ay matapos ipahayag ng transport groups na magpapatuloy sila sa serye ng mga welga simula sa nasabing petsa upang ipakita ang hindi pagsang-ayon.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024

GPS 2024: 15 new Roads of National Significance

The Coalition Government's priority for investment in the draft Government Policy Statement (GPS) on Land Transport is to support economic growth and productivity and ensure our land transport system allows people and freight to move quickly and safely, Transport Minister Simeon Brown says. "Delivering on commitments in our Coalition Agreements, we are re-introducing the successful Roads.....»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Jollibee named world’s 2nd fastest-growing restaurant brand

Asian fast-food giant Jollibee Foods Corp. is ramping up its global expansion after being hailed as the second fastest-growing restaurant brand in the world by consultancy giant Brand Finance......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”

UFO? Jesus warns: “the Devil will soar through the heights, causing astonishment”.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

LWUA warns of legal action vs. defiant MCWD board

LWUA warns of legal action vs. defiant MCWD board.....»»

Category: newsSource:  sunstarRelated NewsApr 4th, 2024

OWWA warns OFWs vs fake FB accounts

OWWA warns OFWs vs fake FB accounts.....»»

Category: newsSource:  sunstarRelated NewsMar 29th, 2024

DTI warns stiff penalties vs selling vapes to minors

DTI warns stiff penalties vs selling vapes to minors.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

DTI warns shoppers vs mystery packages

DTI warns shoppers vs mystery packages.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

House warns Quiboloy of arrest

House warns Quiboloy of arrest.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Murcia private cemetery warns public vs spurious transactions

Murcia private cemetery warns public vs spurious transactions.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

China warns Philippines not to play with fire on Taiwan question

BEIJING, Jan. 16 (Xinhua) -- China warns the Philippines not to play with fire on the Taiwan question and to stop sending wrong signals to the "Taiwan independence" separatist forces, a Chinese foreign ministry spokesperson said on Tuesday. Spokesperson Mao Ning made the remarks at a regular news briefing when asked to comment on Philippine President Ferdinand Romualdez Marcos' message of congratulations to Lai.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024