Over the next 12-24 months corporates in Asia Pacific are looking to move more of their supply chains closer to home. According to HSBC’s latest report ‘Global Supply Chains –… read more →

Today the Digital Container Shipping Association (DCSA) announced a commitment for its members to transition from paper bills of lading to electronic bills of lading by 2030. The switch is… read more →

On the 9th February, Swiss-based commodities trader Trafigura alleged that it had been exposed to “systemic fraud” to the value of $577 million of nickel, in relation to UAE-based businessman Prateek Gupta’s London trading company TMT Metals Holdings Ltd, and companies connected to him.

Increasing volatility in global supply chains means shipping lines must undergo a radical restructuring to survive, according to A.P. Moller-Maersk A/S. Ditlev Blicher, president of Asia-Pacific for the shipping line… read more →

Your Monday morning coffee briefing from TFG: RELEASED – Trade Finance Talks – Sailing into 2023: Navigating the new year To agriculture and beyond: a look at how IoT technology… read more →

The latest issue of TFG’s Trade Finance Talks, ‘Sailing into 2023: Navigating the new year’, is out now!

‘Permacrisis’ was crowned word of the year by the editors of the Collins English Dictionary at the end of 2022, defined as “an extended period of instability and insecurity”. It seems an appropriate term to describe the state of global trade, finance, and supply chains as we enter 2023.

As 2023 unfolds, shippers are experiencing signs of relief from the supply chain upheaval over the past few years. U.S. container imports in December continued to close in on 2019 volumes, port delays continued to improve, the maritime capacity crunch has eased, and ocean shipping rates have approached pre-pandemic levels. 

Over the past five years, the logistics industry experienced an explosion of new market entrants. This expansion started before COVID-19 and then accelerated dramatically over the last three years. Who are these new carriers, what distinguishes them from traditional carriers, and are they right for you?

There is no question that the turbulent global economy and the unending impact of the COVID-19 pandemic have wreaked havoc on China’s supply chain. The country’s economy is taking a hit with factories being forced to shut down, resulting in a significant disruption in international commerce.