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MANILA, Philippines — Philippine trade may face some headwinds due to a massive vessel stuck in the Suez Canal, which could result to delays in both imports and exports while driving shipping ...
The Philippines imports over 80% of its annual oil requirements abroad, but it does so from countries like Saudi Arabia and Qatar that do not use Suez Canal to ship oil to Asia.
Arab Finance: The General Authority of Suez Canal Economic Zone (SCZONE) is planning to borrow around EGP 19 billion from a local banking consortium to fund port development projects, two sources in ...
THE PHILIPPINES will feel the impact of the disruption of operations at the Suez Canal via the delayed flow of trade goods between Asia and Europe, as well as indirect consequences like higher ...
Since it was completed in 1869, the Suez Canal has been one of the world’s most important bodies of water; a portal between East and West that has been controlled by multiple countries ...
The mishap had led to the ship choking off the Suez Canal, a man-made strait that sees more than a tenth of all global shipping pass through every year, for almost a week. While it provided no end ...
In photo released by Suez Canal Authority, the Ever Given is accompanied by tugboats as it moves in the Suez Canal after it was dislodged on March 29, 2021.
A Suez Canal tugboat sunk after colliding with a tanker in the waterway, ... TRAGEDY IN THE PHILIPPINES: 21 DEAD AS PASSENGER BOAT CAPSIZES IN LAGUNA LAKE AMIDST FIERCE WINDS.
The Suez Canal is an Egyptian waterway connecting Europe and Asia, responsible for facilitating about 12% of all global trade. Supply-chain experts are now warning that shoppers are likely to see ...
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