Tag: Trade
World’s Largest Trade Deal, RCEP, Takes Effect
The world’s largest free trade agreement, the Regional Comprehensive Economic Partnership Agreement, RCEP, entered into force on Saturday, January 1, giving 15 countries around...
US Trade Balance With China Improves
US exports in value to China have risen 34.7% in the first seven months of 2021 compared to 2019,
at USD 72.4 billion,...
Is Trade Amid Pandemic Straining Supply Chains?
the global shipping industry did not have enough infrastructure and emergency preparedness to deal with the impact of COVID-19
container prices soared to...
What Led To The Recent Spike In Shipping Rates?
In the second half of 2020 global economic activity and trade staged a sharp rebound driven mainly by the manufacturing sector, while services sector...
Ship Blockage At The Suez Canal Disrupts Global Shipping
The overnight running aground of a mega container ship that has blocked maritime traffic on both sides of the Suez Canal is delaying ship...
LNG Buyers Rethink Procurement Plans Due To Surge In Spot Prices
This winter's LNG supply constraints and the associated surge in Asian spot LNG prices in mid-January have prompted buyers to rethink their procurement strategies, given...
10 Point Strategy To Facilitate Trade in the Time of COVID19!
There is a need to keep ships moving, ports open and crossborder trade flowing, while
ensuring that border agencies can safely undertake all necessary...
How Shipping Can Save the COVID19 Lockdown Countries – A Trade...
An article written by the Secretary-General of United Nations Conference on Trade and Development, UNCTAD, Dr. Mukhisa Kituyi, highlights the effect of the coronavirus...
Global Growth Might Derail in 2020, Says BIMCO
Coronavirus, trade tensions could derail global growth in 2020.
The US and China have signed a “Phase One” of a trade agreement, US–...
Oil, LNG Trade Flow Hike As US Extends China Trade Tariff...
The US plans to raise tariffs on $200 billion of Chinese goods to 25% from 10% if trade negotiations with Beijing did not...