Connect with us

Hi, what are you looking for?

DOGE0.070.84%SOL19.370.72%USDC1.000.01%BNB287.900.44%AVAX15.990.06%XLM0.080.37%
USDT1.000%XRP0.392.6%BCH121.000.75%DOT5.710.16%ADA0.320.37%LTC85.290.38%
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

Philippines scrambles to limit oil disaster and find sinking gasoline tanker

Philippines scrambles to contain oil spill and locate sunken fuel tanker Photo Credit: REuters Philippines scrambles to contain oil spill and locate sunken fuel tanker Photo Credit: REuters
Philippines scrambles to contain oil spill and locate sunken fuel tanker Photo Credit: REuters Philippines scrambles to contain oil spill and locate sunken fuel tanker Photo Credit: REuters

On Friday, Philippine environment and disaster authorities hurried to stop an oil spill from a sinking gasoline tanker that reached coastal villages on a big central island, warning of marine ecological damage.

MV Princess Empress, a tanker transporting 800,000 liters (211,338 gallons) of industrial fuel oil to Iloilo province, sank on Friday.

Overheating and drifting in severe seas caused engine problems on Tuesday, according to the coast guard.

The environment ministry’s undersecretary, Carlos Primo David, said the ship may still carry oil and must be found promptly.

He added in a media briefing that recovering it would help minimize the spill.

“Remember that more oil in coastal regions makes cleaning harder.”

Environment Minister Maria Antonia Yulo Loyzaga said coastal and marine ecosystems that might be affected were being assessed quickly.

The government stated 591 coral reefs, 1,626 mangroves, and 362 seagrass areas were at risk.

Loyzaga warned Thursday that pollution might destroy these systems.

The disaster service said the oil spill reached numerous Oriental Mindoro coastal communities.

Earth Island Institute PH called it “a probable environmental tragedy” and linked it to a 2006 ship that ran aground in the central Philippines with 2.1 million gallons of bunker fuel.

 


Comment Template

You May Also Like

Business

In the wake of Walmart’s departure as a major stakeholder and a stagnating Chinese e-commerce market, JD.com must persuade investors of its importance. This...

Economy

Friday saw dollar weakness as investors braced for Jackson Hole address by Federal Reserve Chair Jerome Powell, while the yen topped other currencies in...

Politics

  Joe Biden had other plans for his address. Under the current conditions, at least not this year. Tragedies and hardships have left their...

Economy

After a bank official was freed from captivity, activities at Libya’s central bank (CBL) were restored. Musaab Muslamm, chief of the bank’s information technology...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok