Your Monday morning coffee briefing from TFG, 20th March 2023

The Port of Los Angeles has entered into separate Memorandum of Understandings (MOUs) with the Port of Tokyo and the Port of Yokohama – to formally collaborate on sustainability and… read more →

Having a sustainable approach to supply chain and logistics is proven to have numerous long-term benefits for businesses. Relying on efficient and eco-friendly transportation methods can reduce costs associated with fuel consumption, maintenance fees, and other expenses related to traditional delivery methods. 

Trafigura Group Pte Ltd. (“Trafigura”), announced the closing of its new 365-day European multi-currency syndicated revolving credit facilities (the “365-day ERCF”) totalling $1.9 billion, as well as the extension and… read more →

After COVID-19, the commodity trade finance industry experienced a period of great recovery. Trade finance covers a broad range of financing arrangements for the production, exporting and selling of commodities. 

Dutch lender ING on Tuesday said it had toughened its lending policy to the oil and gas sector, restricting finance to clients engaged in commodity or trade finance and “midstream”… read more →

SaaS-based service will allow banks to benefit from fast deployment of a highly flexible and comprehensive sustainability-linked lending solution designed in tandem with ESG lender banks London, UK – March… read more →

Nine ocean carriers recently committed to 100% adoption of an electronic bill of lading (eBL) by 2030, with a waypoint goal of 50% adoption within five years. It is a significant step along the road to digitalisation, one that heralds a future for container trade processes that are simpler, more sustainable and more resilient.

Trade Finance Global (TFG) spoke with Pamela Mar, managing director at the ICC Digital Standards Initiative, to explore the key themes driving trade digitisation and their potential impact on trade and trade finance in 2023.

The International Chamber of Commerce (ICC), a global business organisation, has a central mission to promote international trade and investment as vehicles for inclusive growth and prosperity. ICC helps businesses adapt to the challenges of trading in today’s fast-paced global economy.