Change is part of the modern world and innovation is one of the key drivers for change. The prevailing question is: are the ports in the right mindset towards innovation?

Your Monday morning coffee briefing from TFG: UK Freeports: catalysts for regional economic development and recovery

If you read the international shipping media during the final quarter of 2022, you would be forgiven for thinking that it’s “Game Over” for international trade.

The shift to a more digital form of globalisation changes who is participating, how business is done across borders, and where the economic benefits are flowing. This creates a new paradigm where not only large corporates, but also retailers, SMEs, and individuals can use international payments, integrated commerce, or trade interfaces regularly.

Large national infrastructure projects have rarely been delivered at the pace of the UK Freeport programme; in March 2020, the government launched its consultation document, and in March 2021 it was announced that, subject to completing the necessary authorisation processes, the above eight locations would become Freeports.

There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.

Your Monday morning coffee briefing from TFG: VIDEO | Updated digital trade rules: ITFA, URTEPO, and streamlining payment obligations

Bankers Association for Finance and Trade (BAFT), the leading global financial services association for international transaction banking, announced the publication of a new whitepaper, “Perspectives on Evaluating Potentially Unusual Vessel… read more →

Enigio’s trace:original is self-certified as an adopter of the Digital Container Shipping Association’s (DCSA) standard for e-bills of lading.  Standards and interoperability are key factors to achieve efficient trade processes,… read more →

With so many of our daily goods coming from abroad, Incoterms play a much more significant role in our lives than most of us realise. To help clarify the subject, Trade Finance Global (TFG) spoke with Holly Jade O’Leary, co-founder and director of Alinea Customs.