Global Trade Review

The world’s leading trade finance media company, providing news, events and services for companies and individuals involved in global #trade.

[Global Trade Review @gtreview]

Mercuria warns of “legal battles” amid #Hormuz crisis | Commodity trader Mercuria is braced for a wave of contractual disputes, such as force majeure claims, as a result of the conflict in the Middle East, its chief financial officer has said.
https://t.co/qcdxIDfydQ

[Global Trade Review @gtreview]

Submissions now open for the #GTRAwards! Highlighting excellence in the #trade, #commodity, #supplychain, #exportfinance and #fintech markets. Visit https://t.co/Q4xMjOYI88 to download the media kit and start your submission

📅 Deadline: January 17, 2025

#TradeFinanceAwards

[Global Trade Review @gtreview]

Denmark’s export credit agency is gearing up to sign several “large” transactions in Ukraine after securing a significant funding injection from the Danish state to support Kyiv’s rebuild efforts.

https://t.co/SuNCKaGzgP

[Global Trade Review @gtreview]

The UK’s Department for Business and Trade has launched a £2.3mn fund to boost UK exports by shaping regulations in key international markets.

https://t.co/G26ihitK9n

[Global Trade Review @gtreview]

The latest GTR magazine, The Supply Chain Issue, is out now! Explore deep-tier SCF, the impact of high interest rates, and more.

Read 4 articles for free each month or start your digital trial today:
https://t.co/cueQ24Ceo5

#SupplyChainFinance #TradeFinance #SCF

[Global Trade Review @gtreview]

Dubai Islamic Bank has launched a bid to liquidate a trade finance fund managed by Rasmala Investment Bank, saying it has lost “trust and confidence” in the management of the troubled investment vehicle.

https://t.co/3Ge65XOjYL

[Global Trade Review @gtreview]

US authorities have signalled they will take enforcement action against banks that violate the country’s far-reaching export control regulations, while providing guidance for the first time on how to comply with the rules.

https://t.co/Bpl19F9W8q

[Global Trade Review @gtreview]

The US-China trade war is increasingly dividing the world into two camps, leading allies to prioritise trade between themselves over unfriendly nations, a World Trade Organization working paper suggests – with some important caveats.

https://t.co/YRL3WGNn5R

[Global Trade Review @gtreview]

Credit insurer Atradius has hired the former head of Greece’s export credit agency as deputy managing director, effective immediately.

https://t.co/oFkMefTBV8

[Global Trade Review @gtreview]

Korea’s SeAH Steel Holdings will pump additional investment into an offshore wind factory in England after securing a £225mn financing package backed by the UK and Korean export credit agencies.

https://t.co/UpaPTcTpkB

[Global Trade Review @gtreview]

The International Finance Corporation and Absa have partnered to provide a commodity trade finance facility to Singapore-based Valency International for the purchase of African agricultural commodities.

https://t.co/jmZS7nvWWp

[Global Trade Review @gtreview]

Craig Weeks has joined Baft (Bankers Association for Finance and Trade) as senior vice-president of trade, following his predecessor’s retirement from full-time work.

https://t.co/z0FF53ZiTF

[Global Trade Review @gtreview]

In the latest episode of GTR Trade Insights, we discuss the vibrant e-commerce market and what its evolution means from a funding perspective.

https://t.co/RIrzjsKE9g

[Global Trade Review @gtreview]

GTR speaks with Ruslan Hashev, chairman of the management board of Ukraine’s ECA, about its war risk insurance scheme, ongoing challenges for the agency, and plans to potentially onboard a new shareholder.

https://t.co/cYo7Byiszw

[Global Trade Review @gtreview]

Law firm Akin has hired Ross Denton as senior council in its international trade practice.

https://t.co/qIHcxo48M5

[Global Trade Review @gtreview]

Standard Chartered has launched a revolving credit facility that offers borrowers pricing incentives to hit sustainability targets, with a primary focus on commodities companies.

https://t.co/W3hAb6yar7

[Global Trade Review @gtreview]

The trading arm of Japanese energy firm Jera has secured a US$1.49bn borrowing facility from 30 banks.

https://t.co/vjLtdLyg0d

[Global Trade Review @gtreview]

After a landmark year for the adoption of electronic bills of lading (eBLs) in containerised trade, digitisation advocates are pushing for usage to double again to 10% by the end of the year.

https://t.co/rxxMgZHFoQ

[Global Trade Review @gtreview]

Bank of Africa, a large commercial bank headquartered in Morocco, has secured a €70mn facility from the African Development Bank to boost trade finance across the continent.

https://t.co/c3jbvhoXmd

[Global Trade Review @gtreview]

HSBC and fintech Tradeshift have launched a joint venture to finance businesses that use e-commerce marketplaces, as the bank bets on growth in embedded finance.

https://t.co/iV9QYUUG60