The Department for International Trade has recently published its Global Trade Outlook report. TFG summarised of the key points from the report, outlining what could be in store for global trade between now and 2050.
The guidance note looks at Term SOFR (SOFR is the Secured Overnight Financing Rate), the ARRC recommended RFR term rate
The trade finance space has seen a huge influx of capital in the development of fintech solutions to address some of today’s most pressing trade challenges.
The need for trade digitization has never been more prevalent than it is today, especially with pandemic-induced restrictions emphasizing the inefficiency of paper-based trade. Our Editor, Deepesh Patel sat down with Contour’s CEO and Chief Product Officer, as well as TradeLens’ Head of Strategy and Operations, to discuss how fintech can come together to partner to solve these problems.
It’s easy to think that having to adapt to external circumstances will have a negative impact but many firms have used this opportunity to re-think and reset processes, and actually improve how they operate.
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.
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.
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.
