Since B2B can attract the most money, the focus quickly turned to helping the corporate treasurer, the SME, and the B2B space.
India’s central banking authority is encouraging domestic banks to advise their clients to settle trade transactions between the United Arab Emirates and India using the dirham (AED) or Indian rupee… read more →
90% of world trade – from bulk raw commodities to breakbulk and finished goods – is moved on approximately 60,000 trading ships, crewed by about 1.5 million seafarers. To most traders, the potential risks associated with any one of these vessels is an unknown.
Cargill and BAR Technologies’ latest innovation, BAR Tech WindWings by Yara Marine, has set sail. This technology aims to cut cargo ship emissions by up to 30%. Amidst the global… read more →
Does a New York court have jurisdiction over an Indian collecting bank that is alleged to have violated the Uniform Rules for Collections (URC 522) for neither collecting and remitting funds to pay for shipments represented by the documents forwarded to it nor returning originals of several of the documents sent to it for collection?
The U.S. Commerce Department announced on Thursday its intention to apply preliminary anti-dumping duties to tin-plated steel imports from Canada, Germany, and China. This decision excluded five nations, bringing a… read more →
In part 1 of this interview, Morgan Lépinoy, Managing Director of Viatrans broke down how container deposits are creating deep structural issues for the shipping and logistics industry in Africa, and what Viatrans is doing to help mitigate these challenges.
India’s federal government has greenlit a 580 billion rupee ($7 billion) initiative to introduce 10,000 electric buses in 169 cities over the next ten years. The scheme also encompasses the… read more →
UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX) have inked a $500 million contract to supply Egypt with wheat, a statement confirmed on Monday. The five-year deal,… read more →
ICC and Swift, the global leader in secure financial messaging services, have unveiled the first application programming interface (API) industry standards for bank guarantees and standby letters of credit. The… read more →
Although there is widespread support for ESG initiatives and a large proportion willing to prioritise positive environmental and social impacts over financial returns, Standard Chartered’s research reveals that many companies still haven’t made concrete sustainability commitments or set targets.
African economies hold the potential to play significant roles in global supply chains, leveraging their abundant resources, which are indispensable to high-tech sectors, coupled with their expanding consumer markets, according… read more →
Shipping containers are vital for shipping lines, which are availed to shippers (importers, exporters, customs agents, and freight forwarders) for safe and secure transportation of goods.
Yesterday, 14 August, the UK government unveiled a new “one-stop shop” aimed at assisting small businesses in their efforts to lower carbon emissions. The UK Business Climate Hub represents a… read more →