Hormuz closure triggers global economic volatility, says UNCTAD

Hormuz closure triggers global economic volatility, says UNCTAD

The Strait of Hormuz remains “practically closed,” disrupting a critical share of…
Iran Grants Philippines Safe Passage for Oil Shipments Through Strait of Hormuz

Iran grants Philippines safe passage for oil shipments through Strait of Hormuz

The Philippine government has secured an official assurance from the Islamic Republic…

Domestic shipping operators may raise freight, passenger rates by up to 30%

The Maritime Industry Authority is allowing domestic shipping operators to raise their…
PH crude oil supply sufficient until June 30, says Marcos

PH crude oil supply sufficient until June 30, says Marcos

• President Ferdinand Marcos, Jr. said the country’s crude oil stocks are…
Cebu Pacific cancels flights due to high fuel prices

Cebu Pacific cancels flights due to high fuel prices

Cebu Pacific is implementing temporary network adjustments, including flight cancellations and frequency…
Marcos declares national energy emergency as global oil supply risks mount

Marcos declares National Energy Emergency as global oil supply risks mount

President Ferdinand Marcos, Jr. signed an Executive Order declaring a state of…

Sleepwalking Towards a Perfect Storm

It has, understandably, been a very busy fortnight for us at SCMAP.…

Global Disruptions, Local Interventions

As we once again find ourselves asking “what’s next?” I see at…

Russia-Ukraine war, high fuel prices to drive up PH cargo transport rates

Shipment delays and higher ship insurance premiums due to the Russia-Ukraine war…