Why US Goods-Trade Deficit Widened Ahead of 2020 Holiday Season?
The US trade deficit in goods widened 5.5% year on year to a new record in November at $84.82 billion as a lack of containers available for exporters contributed to an unequal growth rate...
Meteoric Rise of Bitcoin To $34,000 in Short Span of Time
Bitcoin climbed above $34,000 (Rs4.57 million) for the first time on Sunday.
It extends a record-breaking rally in the volatile cryptocurrency that delivered a more than 300 per cent gain last year.
With...
Cargo Shipper Files For A $100 Million US IPO
ZIM Integrated Shipping Services, an Israeli container shipping company with over 320K TEU capacity, filed on Wednesday with the SEC to raise up to $100 million in an initial public offering, reports an article...
Two Oldest Royal Caribbean Cruise Ships Sold To a Start-up
One week after Royal Caribbean International announced in a press release that the Empress and Majesty of the Seas will leave the fleet, Waterways Leisure Tourism Pvt Ltd revealed the purchase of Empress of...
IoCurrents Joins KVH Watch Solution Partner Program
KVH Industries and ioCurrents join for real-time remote vessel analytics, says an article published in Riviera Maritime Media.
The partnership
IoCurrents, a leader in real-time remote vessel analytics, has joined KVH Watch Solution Partner program and...
New Improved COVID Disinfection Service To Protect Ship & Crew
According to a Marine Insight article, the Rotterdam-based company DisinfectYour.com has launched a new service to help vessel owners and crew respond to COVID-19 outbreaks.
Vessel Disinfection Service
The service includes complete disinfection of closed areas...
UK, The First Country To Roll Out Oxford COVID Vaccine
The UK rolled out the Oxford vaccine yesterday amidst new lockdown measures and the possible uncertainty of vaccine affectivity on a newly emerged South African Strain of the coronavirus. The United Kingdom became the first...
Crude Oil Refinery Market in China & Japan at Stark Contrast
China’s crude throughput fell slightly in December due to some maintenance works toward the year-end.
The average run rate of the four state-owned oil majors, Sinopec, PetroChina, CNOOC and Sinochem, stood at around...
South African COVID Strain Can Defeat Vaccines
In a major development Oxford's Sir John Bell who was behind the Oxford COVID vaccine development said that African strain of the coronavirus is more concerning than the UK Kent one and it may...
Covid Hit Crude Oil Prices Less Optimistic in 2021
The year 2020 was a roller-coaster ride for commodities and especially for crude oil.
WTI crude prices fell into negative territory for the first time ever questioning the general market caveat that commodities...