Trade between Moscow and the EU increases by 2% year-on-year, CDC provides USD 50 million trade finance facility to bring liquidity to trade finance in Africa, FMC creates a program to review detention and demurrage practices, UKEF backs major offshore wind farms and ARRC formally recommends Term SOFR.

The Federal Maritime Commission (FMC) has created a new program that aims to review the detention and demurrage practices of ocean carriers. This is an effort to ensure all relevant… read more →

Bill Paul, one of the most recommended Logistics Recruiter on LinkedIn, discussed the future of jobs in the Freight Forwarding industry.

Closing a deal between an unknown buyer and seller is difficult. Add to this the cross-border element and the many different agents on the way, and trade suddenly gets complicated.

TFG spoke to CargoX about their Blockchain Documentary Transfer (BDT) programme, Advanced Cargo Information and Single Windows

Your morning coffee briefing from TFG. World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter. WTO Director General calls for action on trade finance in low to middle-income countries.

MSC customers will be able to receive the bill of lading electronically, without any change or disruption to their day-to-day business operations. MSC customers will be able to receive the… read more →

By integrating the DLPC structure into trace:original documents, the benefits of a payment undertaking supported by BAFT’s best practices can be enjoyed while avoiding the potential drawbacks of a closed consortium.

In this second installment of my two-part article, I endeavour to consider the documentary credit from the point of view of an exporter as well as its bank and provide some advice on how to best benefit from the effective use of documentary credits.

Suez disruption – ‘The straw that breaks the camel’s back’