0
0.0
Mar 18, 2024
03/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
be able to use panama canal?lde extremely concerned about the and we watch it very closely. be able to use it? >> my concern is using themilitd and the proximity through the panama canal is a concern to me, ■+i have no doubt animals secury and ability to do that. >> is the expansiontarget -- ths down there they were doing a lot of work, and whether you keep up with that orp3■z not. >> the prc, senator? >> yes. >> they are building a fourth bridge and track everything that is done with the panama canal and authorities and partners. to take place have you o any of your staff from south america to north america?■a >> i visited several times i've been to the binational base in columbia and conduct joints and operation. in terms of the operations conducted comes from resourcing they have panama forces. the market is so important of the american our country. i'm sure you all could have used it in yourb budget and to workh. we need to help you, we really do not thank you, chairman. holding this hearing, our nation, appr
be able to use panama canal?lde extremely concerned about the and we watch it very closely. be able to use it? >> my concern is using themilitd and the proximity through the panama canal is a concern to me, ■+i have no doubt animals secury and ability to do that. >> is the expansiontarget -- ths down there they were doing a lot of work, and whether you keep up with that orp3■z not. >> the prc, senator? >> yes. >> they are building a fourth bridge and track...
0
0.0
Mar 21, 2024
03/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
if i just take the panama canal and the five state owned enterprise along either side of that's a veryrtant strategic line of communication. and so there are large implications there in terms of in all the critical infrastructure the water port, the 5g space safe city, smart city technology. so very concerning. >> thank you. and thank you general guillot you made comments i think was yesterday before the house committee, or two days ago before the house armed services committee, about seeing the possibility of seeing in the very near future chinese aircraft in closeness to our homeland. i t bringing that to our attention. >> thank you senator fischer. senator hirono, please. >> thank you mr. chairman. for being here. general guillot i remain concerned about the dod's missile-defense posture and that dod's us not have a planresile-defense needs of hawaii. it's an issue i have brought up with just about anybody who comes to testify from the dod. in in the 2024 ndaa directs a plan or the missile defense of the wife which indopacom is leading. general, your predecessor tony last year that
if i just take the panama canal and the five state owned enterprise along either side of that's a veryrtant strategic line of communication. and so there are large implications there in terms of in all the critical infrastructure the water port, the 5g space safe city, smart city technology. so very concerning. >> thank you. and thank you general guillot you made comments i think was yesterday before the house committee, or two days ago before the house armed services committee, about...
0
0.0
Mar 26, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
canal and actually travelled with the vice president biden to the panama canal to take a look at the he had an understanding of the importance of baltimore and wanting us to be a part of that experience of the panama canal coming online. just to get the panels thoughts, there is going to be a debate illustrated by the infrastructure in the defence of infrastructure in the defence of infrastructure and whether things we had on the programme is checking on bridges was questioning whether or not there should've been dolphins around the peers of the bridge to deflect shipping and he thought it was to expose for such a critical stephanie isjust was to expose for such a critical stephanie is just to find stability will be a lot of second—guessing about i will be a lot of second-guessing aboui ., ., will be a lot of second-guessing abou. ., ., , will be a lot of second-guessing abour ., ., , ., ., about i would not be qualified to comment on _ about i would not be qualified to comment on that _ about i would not be qualified to comment on that but _ about i would not be qualified to comment
canal and actually travelled with the vice president biden to the panama canal to take a look at the he had an understanding of the importance of baltimore and wanting us to be a part of that experience of the panama canal coming online. just to get the panels thoughts, there is going to be a debate illustrated by the infrastructure in the defence of infrastructure in the defence of infrastructure and whether things we had on the programme is checking on bridges was questioning whether or not...
0
0.0
Mar 19, 2024
03/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
i t look at the panama canal on the five state enterprises that are on either side that's a very importantrategic line ofcommunication. there is a lot of large implicationsns there of all the critical infrastructure the 5g space smart city technology very concerning. >> thank you and tha youral. he made comments or two days ago but the house armed services committee about seeing the possibility of seeing in the very near future chinese aircraft and closeness to our homeland. i thinkri you for bringing that to our attention. >> thank you. >> think it mr. chairman think you both for being here. and the dod does not have a plan to address the current missile defense needs of hawaii. it is an issue i haveust about everyone who comes to testify from the dod. the directs a plan for missile defense of hawaii and opaque, is leading. general, your predecessor told me last year north calm is responsible for protecting i against threats from north korea. we need to concern ourselves with the cre. have you beenn coordinating with and opaque, regarding the development of the missile-defense plan? >> se
i t look at the panama canal on the five state enterprises that are on either side that's a very importantrategic line ofcommunication. there is a lot of large implicationsns there of all the critical infrastructure the 5g space smart city technology very concerning. >> thank you and tha youral. he made comments or two days ago but the house armed services committee about seeing the possibility of seeing in the very near future chinese aircraft and closeness to our homeland. i thinkri you...
0
0.0
Mar 28, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
canal.arry murphy cruise, an economist at moody's analytics, gave us a sense of the impact of the port closure in baltimore. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier this week should be fairly contained. the port of baltimore, you can measure it a couple of different ways, it is the ninth or 10th largest international port within the us. a little under 5% of east coast trade heading to the port of baltimore. that is not nothing but it is not really enough to shift the aggregate needle in terms of global supply chains. we will see impacts for key goods and notably as was said, cars and coal as well. how will those industries in particular, automobile and energy be affected? 25% of us coal exports come through the port of baltimore and that is the equivalent to 1.5% of global coal trade. most of that goes to asia, specifically into india, given the high sulphur
canal.arry murphy cruise, an economist at moody's analytics, gave us a sense of the impact of the port closure in baltimore. at the moment we see supply chains across the world being incredibly strained and certainly this does not help. that said, the aggregate impacts of the disaster we saw earlier this week should be fairly contained. the port of baltimore, you can measure it a couple of different ways, it is the ninth or 10th largest international port within the us. a little under 5% of...
0
0.0
tv
eye 0
favorite 0
quote 0
so it during kobe's, of course, is not just the red sea, but also the panama canal, where we're seeing those bottlenecks that you mentioned that are pushing freight rate. so could we imagine a scenario in which freight rates rise enough to completely offset the costs of going around the cape to make it actually so the situation is somewhat beneficial to shippers like hop, lloyd, i think in the short run, that is definitely a scenario you'd have to unfold uh how that will turn out in the long run. i think that is more difficult. so normally when supply is tied, we see rates going up. and of course, that then also has an effect on, on our next for, for shipping months. what does it mean for customer demand, our customers looking at alternatives that then hit your overall demand, or is it rather difficult for them? it's not so easy to to find alternatives very quickly. i think in most cases we see just transit times at a probably a week or 10 days longer and most companies can, can deal with that. there are of course, a couple of connections like say between india and took you, for exampl
so it during kobe's, of course, is not just the red sea, but also the panama canal, where we're seeing those bottlenecks that you mentioned that are pushing freight rate. so could we imagine a scenario in which freight rates rise enough to completely offset the costs of going around the cape to make it actually so the situation is somewhat beneficial to shippers like hop, lloyd, i think in the short run, that is definitely a scenario you'd have to unfold uh how that will turn out in the long...
0
0.0
Mar 27, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
canal.shipping channel so that business can resume as normal? now, jacksons, also known as normal? now, jacksons, also known as sausage dogs, could be banned in germany under a new law which would prohibit reading practices inflicting long—term suffering on the animals. dachsunds are prone to spinal problems linked to their short legs and long backs. but the german kennel club said the law would leave too much room for interpretation in determining what contributes to a genetic defect. the ministry denied the reform aimed at stopping what it calls torture being. now it is time for a look at the weather with darren. we see mixed weather today, essentially it will stay unsettled into the easter weekend, because low pressure will be dominating and around that we have weather fronts which are focusing these spells of rain. in between there will be some sunshine. these are the top temperatures this afternoon, maybe making 13 across eastern england. a lot of showers coming in from the south—west,
canal.shipping channel so that business can resume as normal? now, jacksons, also known as normal? now, jacksons, also known as sausage dogs, could be banned in germany under a new law which would prohibit reading practices inflicting long—term suffering on the animals. dachsunds are prone to spinal problems linked to their short legs and long backs. but the german kennel club said the law would leave too much room for interpretation in determining what contributes to a genetic defect. the...
0
0.0
Mar 31, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
canal so something critical to watch but we could see bigger disruptions later this year when we sithere and see longshoremen potentially break on the east coast and gulf ports. >> traders have gone i think it's fair to say google for cocoa you wrote this past week cocoa is more expensive than copper, should i walking capital gains on the chocolate bunnies about from a kids went easter? what is behind this price run up for cocoa? >> absolutely lock in the games. it's tripled since the bottom in 2023. the big issue this is why of west africa where they have recently had fire -- there's a virus but also wildfires and weather issues. it's literally ruining the cocoa beans and restricting supply. there is this component of the move-up and cocoa prices what people are speculating so i don't think it could go on longer. >> her she has to be hurting. you say it's a good time for investors to consider the stock, why? >> the assumption right now is hershey's profit margins have to come down and hurt earnings but the minute cocoa prices come down, i think they have to come down, the markets wi
canal so something critical to watch but we could see bigger disruptions later this year when we sithere and see longshoremen potentially break on the east coast and gulf ports. >> traders have gone i think it's fair to say google for cocoa you wrote this past week cocoa is more expensive than copper, should i walking capital gains on the chocolate bunnies about from a kids went easter? what is behind this price run up for cocoa? >> absolutely lock in the games. it's tripled since...
0
0.0
Mar 26, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
the second is all the distractions because of the suez canal, the red a sea, the panama canal because of draught. that's weather-related. and then, you know, you have the baltimore, maybe marginal, but around the world from time to time you have these issues that more and more afact if shipping. and i think people should -- affect shipping, and i think people should pay more attention to what's happening because, yes, shipping can drive inflation hire. it's important. liz: we saw how expensive it got during the lockdowns in the pandemic. i don't know, you have two funds, bdry and bwet, but they're more futures, correct? they haven't, as what i've seen, done well, it doesn't appear -- unless i'm missing something -- that there's a positive way of, i know it sounds horrible at this point as we still wait for six souls to be found, but profit off this or invest in it for our wiz audience? dis, business audience? >> boast -- both of these funds are trading vehicles. bdry is up 100% in the last six months. will: are. liz: well, my bad. oh, it's bwet -- >> all these reflect the price of fre
the second is all the distractions because of the suez canal, the red a sea, the panama canal because of draught. that's weather-related. and then, you know, you have the baltimore, maybe marginal, but around the world from time to time you have these issues that more and more afact if shipping. and i think people should -- affect shipping, and i think people should pay more attention to what's happening because, yes, shipping can drive inflation hire. it's important. liz: we saw how expensive...
0
0.0
Mar 16, 2024
03/24
by
NTV
tv
eye 0
favorite 0
quote 0
once produced panama canal.minant technologies. colombian economist sigunda abraham abriago explains why latin americans will not cry bitterly if china does supplant the united states. the usa helped latin america become a consumer, but did not help it become a producer; they, for example, produce smartphones, and we give up all our little income to buy them. emerald, beautiful! these are the emerald mines of the famous chivor deposit, let's go down to show by example how it is beneficial to control latin american resources. i thought they would take us to some tourist place, but it was never touristy at all. emeralds are still mined here like a century ago, except instead of a pickaxe, they use a jackhammer. this is the world center for emerald mining. this miner's name is... the fact is that there is now an emerald boom in china; these stones are very reminiscent of jade, which is historically valued in the middle kingdom, higher than gold. this is what a found emerald looks like, and as soon as this stone cro
once produced panama canal.minant technologies. colombian economist sigunda abraham abriago explains why latin americans will not cry bitterly if china does supplant the united states. the usa helped latin america become a consumer, but did not help it become a producer; they, for example, produce smartphones, and we give up all our little income to buy them. emerald, beautiful! these are the emerald mines of the famous chivor deposit, let's go down to show by example how it is beneficial to...
0
0.0
Mar 28, 2024
03/24
by
KQED
tv
eye 0
favorite 0
quote 0
canal.the big question is, how long will it take to clear the shipping tunnel so that business can resume as normal? >> let's talk about all of that with william p doyle, a former commissioner of the federal maritime commission as well as warmer executive director of the maryland port administration. good to have you on world news america today. how long do you think it will take to clear this channel? mr. doyle: yesterday was search-and-rescue. that es is a paramount piece of work and needs to happen when there is a disaster like this. yestday was a search-and-rescue, and there are a lot of things going on behind the scenes, ok? at 3:00 in the morning, when i got the call, i contacted my private sector companies. these are the folks that are going to dredge the waterway, coming with the cranes, pull the trusses out of the harbor, out of the channel, and clear that channel as soon as possible. and every single company that i assessed and worked with has equipment available and also equipment
canal.the big question is, how long will it take to clear the shipping tunnel so that business can resume as normal? >> let's talk about all of that with william p doyle, a former commissioner of the federal maritime commission as well as warmer executive director of the maryland port administration. good to have you on world news america today. how long do you think it will take to clear this channel? mr. doyle: yesterday was search-and-rescue. that es is a paramount piece of work and...
0
0.0
Mar 4, 2024
03/24
by
KTVU
tv
eye 0
favorite 0
quote 0
panama has both. the panama canal is an engineering marvel, and it put this country on the map.rn skyline fool you. it's the natural wonders and native culture that draws raw travelers the world over.
panama has both. the panama canal is an engineering marvel, and it put this country on the map.rn skyline fool you. it's the natural wonders and native culture that draws raw travelers the world over.
0
0.0
Mar 27, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the rerouting you're seeing is crucial because you're dealing with the panama canal but that can onlyeed with the story for baltimore city. impact is significant for supply chains. thank you. let's get to the fashion space and attempts to reduce carbon footprints. h&m reporting earnings, 7:00 a.m. u.k. time. they announced a joint venture to tackle carbon emitted by polyester. they plan to have 12 plants producing 3 million tons of circular polyester. i'm joined by the ces of cider. thank you for joining us. how significant is this venture for the carbon footprint? >> thank you for having me. we are a textile impact company and this is a massive scale. what sets us apart is the massive scale based upon technology from north carolina and that sets us apart across all regions. textile waste is a circular business. tom: h&m is a backer. what is your expectation for recycle polyester? to what extent will he change the makeup of h&m? dennis: they were behind the deal and lacking a global partner at scale. there was a commitment to take a pay agreement for the next seven years. tom: how eas
the rerouting you're seeing is crucial because you're dealing with the panama canal but that can onlyeed with the story for baltimore city. impact is significant for supply chains. thank you. let's get to the fashion space and attempts to reduce carbon footprints. h&m reporting earnings, 7:00 a.m. u.k. time. they announced a joint venture to tackle carbon emitted by polyester. they plan to have 12 plants producing 3 million tons of circular polyester. i'm joined by the ces of cider. thank...
0
0.0
tv
eye 0
favorite 0
quote 0
he is sits on the windward passage, the direct c route between the eastern seaboard and the panama canal. it is next to cuba and the dominican republic, uh cuba being the primary principle, socialist country in the western hemisphere, we could say, and the dominican republic who is probably that's the best example of a neo colony. and so he, if it were to go the route of cuba, would be a tremendous, right? because it shares the island of hispanic dollar with dominican republic. and this is one of the reasons why also the clinic and start pushing very much for, for an intervention. even though they can't do it because of the historical relationship between heavy and the public. so yeah, we see that as well as apparently the mineral wealth hittie is said to have iridium, which is very important in the new economy. oil uh uh, gold. it is more or less proven the of the there is about $20000000000.00 worth of gold dusted in the mountains of the northern haiti, even though they dr. below up the mountain tops there and sluice it with sign. i'd get at it, so there's a lot of reports and rumors o
he is sits on the windward passage, the direct c route between the eastern seaboard and the panama canal. it is next to cuba and the dominican republic, uh cuba being the primary principle, socialist country in the western hemisphere, we could say, and the dominican republic who is probably that's the best example of a neo colony. and so he, if it were to go the route of cuba, would be a tremendous, right? because it shares the island of hispanic dollar with dominican republic. and this is one...
0
0.0
Mar 27, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
let's also take a look at shipping rates, we saw a not so long ago how the suez, the panama canal disruptions really led to a spike in shipping rates. don't forget the red sea attacks. all of that will be digested and it also depends on how long this disruption lasts. haslinda: we will have to wait and see over the course of several weeks or perhaps even several months. let's discuss the impact of the baltimore bridge collapsed on the shipping industry. joining us is a ship owner providing global transportation services. what are you gleaning from this? >> firstly, this was minimized by the ship actually sending out a made a signal. that helped shoreside authorities to actually take action and close down the bridge to traffic, so just a few people were on the bridge. that's the first issue that has come out of this. in terms of the impact, 25 million tons of coal are being exported from baltimore, now if that coal is not available for some time, this will have an impact on the coal supplies in australia and indonesia which will then have to pick up the slack and send cargo to india. for the s
let's also take a look at shipping rates, we saw a not so long ago how the suez, the panama canal disruptions really led to a spike in shipping rates. don't forget the red sea attacks. all of that will be digested and it also depends on how long this disruption lasts. haslinda: we will have to wait and see over the course of several weeks or perhaps even several months. let's discuss the impact of the baltimore bridge collapsed on the shipping industry. joining us is a ship owner providing...
0
0.0
Mar 27, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
any red sea you have houthi attacks on commercial vessels, and in the panama canal, which i recentlye expect the fallout, at least the economic fallout, at least the economic fallout from this very dramatic bridge collapse to be temporary, it is fair to say that it adds another layer of disruption to already stressed supply chains. and you can watch more on this story, on bbc iplayer now 7 just search for the baltimore bridge collapse. there is a plausible case that israel is using starvation as a weapon of war — that's according to the united nation's most senior human rights official, volker turk. he says, if proven, that would amount to a war crime. humanitarian agencies are calling for an immediate ceasefire and large deliveries of aid in gaza where a famine is looming. israel insists it's letting in all the humanitarian aid that's needed. from jerusalem, here's our international editor jeremy bowen, his report contains upsetting images. gaza is no place to be ill. noura mohammed had lung and liver problems before the war. now, after months of starvation and without the right med
any red sea you have houthi attacks on commercial vessels, and in the panama canal, which i recentlye expect the fallout, at least the economic fallout, at least the economic fallout from this very dramatic bridge collapse to be temporary, it is fair to say that it adds another layer of disruption to already stressed supply chains. and you can watch more on this story, on bbc iplayer now 7 just search for the baltimore bridge collapse. there is a plausible case that israel is using starvation...
0
0.0
Mar 27, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
canal having issues as well.ng on, esoteric? absolute and us disko trooper comes to volume and the parties commit one of the trade is headed by author of the same time, there is on the other side we have seen overcapacity, carrier supported a lot of ships from the profits they made at the height of the container shipping peak when they were, what containers were really costing backward high amounts to transport. those ships arriving on the sea. they usually have a delivery of about two years and yes,, container volumes picking up from us jack upstill substantially down. we do have enough ships to be deployed even with the longer transit times and longer same distance. thank you so much for your expertise and this, good to talk to you. let's stay in the us and making waves on wall street, shares of trumpet media and technology, the parent company of truth social, they saw it when they began trading on the nasdaq on tuesday. the windfall makes the former president one of the richest people in the world with more co
canal having issues as well.ng on, esoteric? absolute and us disko trooper comes to volume and the parties commit one of the trade is headed by author of the same time, there is on the other side we have seen overcapacity, carrier supported a lot of ships from the profits they made at the height of the container shipping peak when they were, what containers were really costing backward high amounts to transport. those ships arriving on the sea. they usually have a delivery of about two years...
0
0.0
Mar 27, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
you have another issue such as the drought in the panama canal, conflicts in the red sea but, becky,lining, there actually is very good funding for infrastructure, and we do expect to see those dollars put to work very quickly. >> kathryn, the industries that will most likely be affected are automobiles. some 50,000 automobiles go through and not all of the east coast ports are set up to take automobiles. >> correct. >> things like farm equipment. what do you anticipate in those particular areas >> well, they're scrambling. so the first thing, you know, you're right the baltimore port is the number one port for autos you know, from what we've been told, the port of brunswick will be a key area to divert some of those autos. but there are other goods, coal, gypsum, a lot of goods that come in and out of the heartland of america, and those will go to closer ports in new jersey and virginia, all along the east coast. >> you say those ports are more congested, but i also heard many of them are only around 70, 75%, maybe 80%. that does suggest there would be room for additional categories
you have another issue such as the drought in the panama canal, conflicts in the red sea but, becky,lining, there actually is very good funding for infrastructure, and we do expect to see those dollars put to work very quickly. >> kathryn, the industries that will most likely be affected are automobiles. some 50,000 automobiles go through and not all of the east coast ports are set up to take automobiles. >> correct. >> things like farm equipment. what do you anticipate in...
0
0.0
Mar 27, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
canal, they are having much more effect than this incident which is much more localised on the easterning on around the world which is giving us disruptions and, of course, seafarers will have to navigate for all of these. bugs. to navigate for all of these. buy, thank you _ to navigate for all of these. buy, thank you very — to navigate for all of these. buy, thank you very much _ to navigate for all of these. buy, thank you very much for - to navigate for all of these. buy, thank you very much for the - to navigate for all of these. buy, thank you very much for the moment. thank you for your thoughts on that story today. we are actually going to stay with baltimore now and going to stay with baltimore now and going to talk to a local cafe owner, alex del sordo. the owner of the anchor bay east arena and cafe which is near the bridge. you have been helping local people and chatting to lots of local people, i'm guessing today that the mood must be one of disbelief, what have people been saying to you? you disbelief, what have people been saying to you?— disbelief, what have people been
canal, they are having much more effect than this incident which is much more localised on the easterning on around the world which is giving us disruptions and, of course, seafarers will have to navigate for all of these. bugs. to navigate for all of these. buy, thank you _ to navigate for all of these. buy, thank you very — to navigate for all of these. buy, thank you very much _ to navigate for all of these. buy, thank you very much for - to navigate for all of these. buy, thank you very...
0
0.0
Mar 13, 2024
03/24
by
LINKTV
tv
eye 0
favorite 0
quote 0
haiti is a direct route through their to the panama canal for the u.s. to reach asia. the u.s.eds a strong force in order -- cuba, venezuela, and so on. they need haiti for cooperation and cheap labor because haiti has 12 mean people in the population, the largest country in caricom. haiti has been destabilized by the u.s. over and over again. i want to also say this mission people are calling a u.n. mission is not a u.n. mission, but if people read the print of the resolution -- it means these forces can use extreme force by land, air, and see. the agreement says it is not officially a u.n. should, it is led by volunteer states. which is why blinken and the u.s. of the department of defense is adding -- that is why blinken is paying $300 billion for kenya to come to this. it is more precarious for haitian people. at least we had the demeanor of protection under a u.n. occupation when we had -- 2004-2017. everyone remembers what this occupation meant for haitians. it meant color that killed millions and -- cholera that killed many and second millions, traditional killings and m
haiti is a direct route through their to the panama canal for the u.s. to reach asia. the u.s.eds a strong force in order -- cuba, venezuela, and so on. they need haiti for cooperation and cheap labor because haiti has 12 mean people in the population, the largest country in caricom. haiti has been destabilized by the u.s. over and over again. i want to also say this mission people are calling a u.n. mission is not a u.n. mission, but if people read the print of the resolution -- it means these...
0
0.0
Mar 13, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
canal. has any kind of benefit for your business? michael: it has had some for us as a company and the air business in general. the suez canal has a significant impact on overall resources. you can count on up to 30% more capacity needed as far as ships are concerned, 30% more containers, 30% more resources. that has a profound impact on the ability to serve market. airfreight only represent about 1% to 1.5% of total volume. ocean freight is much larger. inventory is being depleted over time and that will mean there will be higher demand for airfreight. annabelle: when it comes to higher demand for airfreight, you would be a key player in that. it does this is estate some expansion perhaps. given the recent weakness that we know we had in the industry last year, are you using that as an opportunity to buy any secondhand cargo jets in the market? michael: we have been quite active when it comes to buying aircraft as well. over the past four years we have taken delivery of eight new wide-body
canal. has any kind of benefit for your business? michael: it has had some for us as a company and the air business in general. the suez canal has a significant impact on overall resources. you can count on up to 30% more capacity needed as far as ships are concerned, 30% more containers, 30% more resources. that has a profound impact on the ability to serve market. airfreight only represent about 1% to 1.5% of total volume. ocean freight is much larger. inventory is being depleted over time...
0
0.0
tv
eye 0
favorite 0
quote 0
so it during kobe's, of course, is not just the red sea, but also the panama canal, where we're seeing those bottlenecks that you mentioned that are pushing freight rate. so can we imagine a scenario in which freight rates rise enough to completely offset the costs of going around the cape to make it actually? so the situation is somewhat beneficial to shippers like hop on lloyd. and i think in the short run, that is definitely a scenario to unfold how that will turn out in the long run. i think that is more difficult. so normally when supply is tied, we see rates going up. and of course, that then also has an effect on, on the next for, for shipping months. what does it mean for customer demand? our customers looking at alternatives that then hit your overall demand? or is it rather difficult for them? it's not so easy to, to find alternatives very quickly. i think in most cases we see just transit times that are probably a week or 10 days longer. and most companies can, can deal with that. there are of course, a couple of connections like say between india and took you, for example,
so it during kobe's, of course, is not just the red sea, but also the panama canal, where we're seeing those bottlenecks that you mentioned that are pushing freight rate. so can we imagine a scenario in which freight rates rise enough to completely offset the costs of going around the cape to make it actually? so the situation is somewhat beneficial to shippers like hop on lloyd. and i think in the short run, that is definitely a scenario to unfold how that will turn out in the long run. i...
0
0.0
Mar 27, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
haidi: 's access to the red sea and the panama canal we are also bracing for the possibility of portg like this happens, are we already kind of dealing with a broader industry that has a pretty low tolerance for these sorts of incidents to happen? rahul: indeed. the geopolitics, if you look at the last three or four years with covid-19. there russia-ukraine war, the global supply chains are on tenterhooks. essentially what the cargo owners, shipping companies are building in in terms of disruptions, efficiencies inefficiencies in the global supply chain. you are talking more time spent at c4 cargoes spent at sea for cargoes. this data feed into it. good thing is for now, demand has been slow on the container side of things so we have not had that impact on freight trade. we are still higher than where we were before the red sea crisis, but overall, inefficiencies are being built into the supply chain and that is a concern for us. annabelle: how will it impact container minor earnings, those numbers? rahul: before the red sea crisis, this year was going to be a bloodbath for container
haidi: 's access to the red sea and the panama canal we are also bracing for the possibility of portg like this happens, are we already kind of dealing with a broader industry that has a pretty low tolerance for these sorts of incidents to happen? rahul: indeed. the geopolitics, if you look at the last three or four years with covid-19. there russia-ukraine war, the global supply chains are on tenterhooks. essentially what the cargo owners, shipping companies are building in in terms of...
0
0.0
Mar 6, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
both red sea and panama canal shipping disruptions were not having a noticeable price impact or supply impact at the time that the beige book was written. pickup in demand in residential real estate was noted although inventories were seen as low. growth outlook remains positive overall with a few other items, employment up at a modest pace, the labor market, the tightness there was some easing further with greater labor availability. price pressure is a key for the federal reserve, persistent, but some moderation was standard inflation, freight insurance costs going up with health costs for the employee portion and something you will appreciate, businesses were finding it harder to pass the higher cost to the consumer. >> very interesting. that is interesting shifting away from services, we have known about the goods but that was interesting that i would like to dig into more. thank you so much for joining us. coming up, admissions, the sec requiring corporate climate disclosures. we will speak to the chair, next. shark plus, another black eye for the ai space. those details, when we
both red sea and panama canal shipping disruptions were not having a noticeable price impact or supply impact at the time that the beige book was written. pickup in demand in residential real estate was noted although inventories were seen as low. growth outlook remains positive overall with a few other items, employment up at a modest pace, the labor market, the tightness there was some easing further with greater labor availability. price pressure is a key for the federal reserve, persistent,...
0
0.0
Mar 27, 2024
03/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
canal for example. this does not automatically mean that a trip to the east coast has to be substituted with a trip to the west coast which would be much more of a cost impact. it can probably be accommodated up and down the east coast but the effect will not be trivial. >> thank you. mr. secretary, you said you had received a request for emergency funding from the maryland breeds. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost what they do make it possible through what's called the quick release authority for us to start getting dollars out. i was just notified that this is coming in as i was stepping out here so i don't have more details than that right now. >> just speaking about economic impact, each day that the port to shut down, what is the economic impact? >> last i checked, there is between $10,200,000,000 of value that comes through that port every day. about $2 million in wages that are at stake every day and that's one of the areas we are
canal for example. this does not automatically mean that a trip to the east coast has to be substituted with a trip to the west coast which would be much more of a cost impact. it can probably be accommodated up and down the east coast but the effect will not be trivial. >> thank you. mr. secretary, you said you had received a request for emergency funding from the maryland breeds. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost...
0
0.0
Mar 31, 2024
03/24
by
MSNBCW
tv
eye 0
favorite 0
quote 0
we have seen it many other times with an individual port tickets impacted like the panama canal.ng it here. having said that, i will say, we are much better equipped than we were just a few years ago to deal with this sort of thing. we have new mechanisms in our department, including an office created as part of president biden's, such a plan that allowed us to kornet among different players for a couple of days ago, i convened a group of about 100 players from shippers to cargo owners involving the trucking and railroad sectors, as well as ports, to see everything we can do to get through these disruptions. what we're seeing is that there are east coast ports that can temporarily absorb the traffic that would have been headed to baltimore when we are talking about the containers, or vehicles, but it's not the same, of course. baltimore is specialized. it is large, an important part of the system, and certainly no substitute for the traffic and baltimore from the perspective of the workers, which is why it's so important to make sure we're supporting the workers who support our e
we have seen it many other times with an individual port tickets impacted like the panama canal.ng it here. having said that, i will say, we are much better equipped than we were just a few years ago to deal with this sort of thing. we have new mechanisms in our department, including an office created as part of president biden's, such a plan that allowed us to kornet among different players for a couple of days ago, i convened a group of about 100 players from shippers to cargo owners...
0
0.0
Mar 15, 2024
03/24
by
KNTV
tv
eye 0
favorite 0
quote 0
canal >> seth: wow [ laughter ] >> it was so funny, because we knew we were going to -- well, we knewvirus [ laughter ] >> seth: oh my god >> and it's like - >> we really -- we really picked the worst time to go it was like at the height of norovirus. >> seth: yeah. >> oh, it was so bad and we both are married. and it's like, we're not going to end up doing this and then we got norovirus and we're like, whew, we didn't have to do it [ laughter ] >> yeah. barely even saw each other on the ship >> i mean, i held his hair back when he was, you know. >> seth: oh, that's very nice. do you remember -- i know it sometimes is like an -- do you remember who got it first? because i think there's always that, then it's the blame game of who gave who the noro >> i always have a mild amount of norovirus i think you probably do too, right? [ laughter ] >> we kind of keep it -- yeah, always a little bit. i think i got -- >> it's called being in show business [ light laughter ] you're always a little nervous you're always pre-diarrhea a little bit [ laughter ] >> by the way, not so much pre [ laughte
canal >> seth: wow [ laughter ] >> it was so funny, because we knew we were going to -- well, we knewvirus [ laughter ] >> seth: oh my god >> and it's like - >> we really -- we really picked the worst time to go it was like at the height of norovirus. >> seth: yeah. >> oh, it was so bad and we both are married. and it's like, we're not going to end up doing this and then we got norovirus and we're like, whew, we didn't have to do it [ laughter ]...
0
0.0
Mar 27, 2024
03/24
by
MSNBCW
tv
eye 0
favorite 0
quote 0
canal. this does not mean a trip to the east coast has to be substituted with a trip to the west coast, which could be much more of a cost impact. it could be accommodated up and down the east coast, but the effect will certainly not be trivial. >> thank you. mr. secretary, you said you received a request for emergency funding from the maryland authorities. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost, but they do make it possible through what's called a quick release authority to start getting dollars out. i was just notified that this is coming in as i was stepping out here, so i don't have more details than that right now. >> so just speaking about economic impact, each day that the port is shutdown, what is the economic impact? >> again, there's between, last i checked, between 100 and $200 million of value that comes through the port every day, and about $2 million in wages that are at stake every day, and that's one of the areas w
canal. this does not mean a trip to the east coast has to be substituted with a trip to the west coast, which could be much more of a cost impact. it could be accommodated up and down the east coast, but the effect will certainly not be trivial. >> thank you. mr. secretary, you said you received a request for emergency funding from the maryland authorities. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost, but they do make it...
0
0.0
Mar 26, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
we already know about the panama canal, the red sea and the suez canal. core goods prices came up.own, they came up in the last report. this period of deflation in goods that we have been in for the last six months or so, we are probably coming out of that. jonathan: do you think services can do the heavy lifting? >> that is what you need to have happen to bring inflation down. the idea that the labor market is softening, you really need to see that continue to bring overall inflation down which is a very unfortunate scenario. we like to have inflation come down. there is a reason it hasn't happened historically. if goods are going to be less disinflationary, less deflationary than services, that has to be three softer labor market. jonathan: what i hear from you is different than what i hear from the chairman. you are saying to get inflation back to target we need a recession. >> better still the most likely way you bring inflation back to target. if there some probability of a true soft landing? sure, but what we are seeing is consistent with the idea that wage growth has kind of
we already know about the panama canal, the red sea and the suez canal. core goods prices came up.own, they came up in the last report. this period of deflation in goods that we have been in for the last six months or so, we are probably coming out of that. jonathan: do you think services can do the heavy lifting? >> that is what you need to have happen to bring inflation down. the idea that the labor market is softening, you really need to see that continue to bring overall inflation...
0
0.0
Mar 27, 2024
03/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
canal for example.his does not automatically mean that a trip to the east coast has to be substituted with a trip to the west coast which would be much more of a cost impact. it can probably be accommodated up and down the east coast but the effect will not be trivial. >> thank you. mr. secretary, you said you had received a request for emergency funding from the maryland breeds. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost what they do make it possible through what's called the quick release authority for us to start getting dollars out. i was just notified that this is coming in as
canal for example.his does not automatically mean that a trip to the east coast has to be substituted with a trip to the west coast which would be much more of a cost impact. it can probably be accommodated up and down the east coast but the effect will not be trivial. >> thank you. mr. secretary, you said you had received a request for emergency funding from the maryland breeds. can you tell us what that number was? >> those don't necessarily include a full estimate of the cost...
0
0.0
Mar 27, 2024
03/24
by
CNNW
tv
eye 0
favorite 0
quote 0
canal, for example this does not automatically mean that a trip to the east coast has to be substituted with a triptan for the west coast, which would be much more of a cost impact. it can probably be accommodated up and down the east coast. but the effect clearly will not be trivial >> thank you. mr. >> secretary, you said that you had received a request for emergency funding from the maryland for worries. can you tell us what that number was? i was just notified that this is that right now? >> just thinking about economic impact each day that the borders shut down. what does economic impact? >> well again, there's between last i checked between $100,200 million of value that comes through that port every day. and about $2 in wages that are at stake every day. and that's one of the areas we're most concerned about. it's one thing for a container or a vehicle, or a sugar shipment to be absorbed or a common but they did somewhere else. but these longshore workers, if goods aren't moving, they're not working now. right now, there is work taking place even inside of that bridge because of
canal, for example this does not automatically mean that a trip to the east coast has to be substituted with a triptan for the west coast, which would be much more of a cost impact. it can probably be accommodated up and down the east coast. but the effect clearly will not be trivial >> thank you. mr. >> secretary, you said that you had received a request for emergency funding from the maryland for worries. can you tell us what that number was? i was just notified that this is that...
0
0.0
Mar 27, 2024
03/24
by
CNNW
tv
eye 0
favorite 0
quote 0
canal, for example this does not automatically mean that a trip to the east coast has to be substituted with a triptan for the west coast, which would be much more of a cost impact. it can probably be accommodated up and down the east coast. but the effect clearly will not be trivial >> thank you. mr. >> secretary, you said that you had received a request for emergency funding from the maryland for worries. can you tell us what that number was?
canal, for example this does not automatically mean that a trip to the east coast has to be substituted with a triptan for the west coast, which would be much more of a cost impact. it can probably be accommodated up and down the east coast. but the effect clearly will not be trivial >> thank you. mr. >> secretary, you said that you had received a request for emergency funding from the maryland for worries. can you tell us what that number was?
0
0.0
Mar 27, 2024
03/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
canal, for example, this doesn't automatically mean that a trip to the east coast has to be substituteduld probably be accommodated up and down the east coast. the effect will not be trivial. reporter: said you had receivedt for emergency funding from the maryland authorities. can you tell us what that number was? ■.sec. buttigieg: those don't necessarily include a full estimate of the cost, but to make it possible to i was just notified that this was coming in as i was stepping out here so i don't have more details of that right now.&$ reporter: clearly thinking about economic impact, each dayit's se economic impact? sec. buttigieg: there's between -- last i checked, between $100 million and $200 million of value that comes through that port and about $2 million in wages that are at stake every day. and that's one of the areas we're most concerned about. it's one thing for a vehicle ort to be absorbed or accommodated somewhere else. but these longshore workers, if goods aren't moving, they're not working. now, right now there is work taking place, even inside of that bridge. because of
canal, for example, this doesn't automatically mean that a trip to the east coast has to be substituteduld probably be accommodated up and down the east coast. the effect will not be trivial. reporter: said you had receivedt for emergency funding from the maryland authorities. can you tell us what that number was? ■.sec. buttigieg: those don't necessarily include a full estimate of the cost, but to make it possible to i was just notified that this was coming in as i was stepping out here so i...
0
0.0
Mar 27, 2024
03/24
by
ALJAZ
tv
eye 0
favorite 0
quote 0
i will even do the panama canal, which has been restricted crossings. they have a much more serious effect on the global supply chain. okay, thank you very much for talking to us guy plating from the international chamber of shipping, joining us and from london. thank you for your time. thank you. still ahead on algebra, protesting against what they say, actual integration goals. we have the latest on the holy, the launch and mexico. and some tops on 5. 10 is on display at the miami. open one, wrap up the best of the options for us with joe say with the hi everyone. first things 1st. what were the reports in italy from amelia romano rate down to rome. this is going to be deluge here. could see half a month's worth of rain in rome over the next 24 hours. but we're talking up warmer air from africa. so look, that pops up the temperature and tate on it in albania, up to $25.00 degrees. also a sting with the wind rolling and pouring through portugal and spitting the winds. really going to be a factor here up and down the coast of portugal, looking at gas ex
i will even do the panama canal, which has been restricted crossings. they have a much more serious effect on the global supply chain. okay, thank you very much for talking to us guy plating from the international chamber of shipping, joining us and from london. thank you for your time. thank you. still ahead on algebra, protesting against what they say, actual integration goals. we have the latest on the holy, the launch and mexico. and some tops on 5. 10 is on display at the miami. open one,...
0
0.0
Mar 7, 2024
03/24
by
CSPAN3
tv
eye 0
favorite 0
quote 0
put your thumb on the scale like you did the panama canal, shipbuilding, aviation. that's the key. >> general, you dropped a lot of knowledge and one question is , how you ended, i want to pick up that discussion with others as well. technology changes and human nature remains consistent and the reality is when we look at these issues, it dangerous to look at them summarily that we don't appreciate the bitter struggle and that's honestly, democratic regimes versus autocratic regimes and i hope that we can pick up on that discussion, but when you started , and air force officer was espousing the greatness of navy, and shipping, which is a perfect segue to our next speaker, rear admiral mark montgomery. mark and i have known each other too long. we worked in cyber since before it was cool and he not only directs, he directs, as executive director. mark, you got the tough job and you know i have opinions on this, but to unpack a little bit , i thought would start specifically getting a sense of what are the three big things that the executive branch should do to get us
put your thumb on the scale like you did the panama canal, shipbuilding, aviation. that's the key. >> general, you dropped a lot of knowledge and one question is , how you ended, i want to pick up that discussion with others as well. technology changes and human nature remains consistent and the reality is when we look at these issues, it dangerous to look at them summarily that we don't appreciate the bitter struggle and that's honestly, democratic regimes versus autocratic regimes and i...