Freight Forwarding

This article was originally published on December 19 2022 by Watson Farley & Williams LLP. TFG would like to thank Kimarie Cheang and Chengxi Tan for their contribution.

What a year it has been for Trade Finance Global. We took the time to review over 500 pieces of content to bring you the most popular themes, articles, podcasts, and videos.

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

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.

Your Monday morning coffee briefing from TFG, URTEPO: ITFA releases new rules covering electronic payment obligations

Business-to-business (B2B) transport and delivery practices are governed by Incoterms®, published by the International Chamber of Commerce (ICC). A typical contract for export/import is based on the Incoterms® rules and the contracts that surround it. 

Since the UCP 600’s adoption in 2007, concern has persisted over what the Article 35 rule actually requires of an LC issuer if documents get lost in transit between banks. 

In the November edition of Trade Finance Talks will explore these topics but also how, in an increasingly digital world, the payments industry has found itself evolving at a rapid pace. 

Your Monday coffee briefing from TFG – PODCAST | Float or sink: BIMCO discusses eBL adoption, standards, interoperability

Given the complexity of maritime transport, Annie Kovacevic sat down with Grant Hunter, director of standards, innovation, and research at BIMCO, to learn more about hot topics in the industry.

Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance

Incoterms® are the international terms which determine business-to-business practice in the transport and delivery of goods published by the International Chamber of Commerce (ICC). They set out the important fundamentals of the Incoterms® rules, and the contracts surrounding a typical contract of sale for export/import.

Your Monday coffee briefing from TFG – VIDEO | Citi on navigating volatility and incorporating ESG finance principles into trade finance

At Sibos 2022, Trade Finance Global (TFG) spoke with Niels Nuyens, program director at Digital Container Shipping Association (DCSA), to learn more about digitalisation in the shipping space.