Never have fragmented reactions, as seen to recent global crises, be that Covid-19, climate change or geopolitical power shifts, illustrated better the acute need to have sustainable strategies in place.
The impact of the March 2021 incident of the container ship M.V. Ever Given with around 18,300 containers onboard running aground in the Suez Canal has generated international attention and its consequences will continue to unravel for years to come.
TFG heard from Punit Oza, Executive Director at the Singapore Chamber of Maritime Arbitration, who talked about the main pillars that support a transforming organisation in the commercial shipping and freight sector.
Your morning coffee briefing from TFG. COVID-19 vaccine transporter Reftrade secures major export win, lockdown-easing helps SMEs recover despite rising insolvencies, emerging economies cannot afford ‘taper tantrum’ repeat, says IMF’s Gopinath, business confidence in UK at four-year high but staff shortages a concern and UK launches £450m fund for energy network innovation.
COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
The District Export Council of San Diego and Imperial Valley (SDIDEC) has sponsored the first workspace for ICC eRules guidelines for digital trade transactions.
Your morning coffee briefing from TFG. Goods Barometer hits record high, confirming strength of trade recovery, UKEF backs first ever £430 million green transition loan, new World Economic Forum survey shows a mix of polarisation about the benefits of globalisation, global economic data disappointments add to rising growth angst, United States gives USD 600,000 to boost negotiating capacities in developing countries, Contour announces partnership with GSBN to drive digitisation in the global shipping industry and the UK rejects industry plea for visas for EU truck drivers.
Maritime law or Admiralty law regulates commerce and navigation on the high seas and other navigable waters. Here is everything you need to know about maritime disputes.
Has digital trade finally arrived with the ICC eRules guidelines? John Dunlop explains how this might be true.
MSMEs are the backbone of the economy, however, they have faced a stream of obstacles on their road to obtaining crucial financing, particularly in emerging and developed markets, such as India and Southeast Asia.