COVID-19 puts international trade to a halt following the closure of the Ningbo-Zhoushan port in China and causing a global microchip shortage. There are other unanticipated issues to account for, such as the Suez Canal blockage.
Category: Shipping
Uncharted waters: dealing with maritime law and disputes
Maritime law or Admiralty law regulates commerce and navigation on the high seas and other navigable waters. Here is everything you need to know about maritime disputes.
Contour announces partnership with GSBN to drive digitisation in the global shipping industry
[box] Contour announces partnership with Global Shipping Business Network (GSBN) to offer an end-to-end digital solution that will create a seamless connection between the physical supply chain and the financial system. [/box] 17 August 2021- Digital trade finance network Contour has partnered with the Global Shipping Business Network (GSBN) to offer an end-to-end digital solution… Continue reading Contour announces partnership with GSBN to drive digitisation in the global shipping industry
ESG, fraud and managing risk: How Veridapt is using tradetech to change commodities for good
TFG’s Joana Fabiao, had the opportunity to sit down with David Thambiratnam, CEO of Veridapt, a global force in commodity management for over 15 years.
FMC creates a program to review detention and demurrage practices
[box] The Federal Maritime Commission (FMC) has created a new program that aims to review the detention and demurrage practices of ocean carriers. This is an effort to ensure all relevant and necessary information is available and that billing practices follow the FMC’s rules and guidelines. The program will also review appeals procedures, penalties assessed by… Continue reading FMC creates a program to review detention and demurrage practices
Is the future of humans in freight forwarding dead?
Bill Paul, one of the most recommended Logistics Recruiter on LinkedIn, discussed the future of jobs in the Freight Forwarding industry.
ING provides the largest financing within the Spanish logistics sector
[box] [/box] ING has announced today that it has underwritten the refinancing of Montepino, the leading logistics assets developer and asset manager in Spain and Portugal, which was recently acquired by the new alternative investment vehicle of Bankinter Investment (owned by Valfondo, Montepino’s founding partner and manager, Bankinter, and its private banking and institutional clients).… Continue reading ING provides the largest financing within the Spanish logistics sector
Smoother sailing: connecting the dots between shipping and trade finance
How effective technology and financing can bring international shipping into the twenty-first century
What the pandemic means for future access to trade finance
The resilience of global supply chains lies with…ANY IDEAS? Alexander Malaket explains what COVID-19 means for future access to trade finance
Document examination and conflicts of data
Documentation can be the source of trouble for many buyers and sellers. Here’s how to avoid conflict and disputes when it comes to paperwork.
Is the freeports bidding process too ambitious for ‘all nations’ in the UK?
The bidding process in England is opening, to establish at least seven new Freeports. The first are expected in 2021, as part of at least 10 across the whole of the UK. But are these ambitions realistic for the UK? TFG’s Flora Tan heard from David Mundy, Partner at BDB Pitmans, stating his views on… Continue reading Is the freeports bidding process too ambitious for ‘all nations’ in the UK?
Who’s Who? 7 initiatives in shipping, freight and supply chain using DLT & blockchain
Freight forwarding, shipping and logistics are undergoing a digital makeover. Connecting the dots, enabling traceability and increasing transparency between parties is a win-win for all actors within global trade. So who’s doing what? As part of TFG & WTOs 2020 Blockchain for Trade study, 7 initiatives in this supply chain space have been mapped.
How the Covid-19 shipping slump is disrupting UK’s Ecommerce sector
As the resurgence of Covid-19 threatens public health, virtual shopping poses a lower health risk which is likely to appeal to customers.
2021: Zoom, Starlink, eRules. Is This Year Trade Finance Technology Is Going to Converge?
The Covid-19 pandemic is accelerating trends and technologies that came online before January 2020 and were just getting traction.
TFG announces partnership with Reuters Events flagship Commodity Trading Summit
Trade Finance Global (TFG), today announced a media partnership with Reuters Events flagship Commodity Trading Summit, a virtual series of events featuring commodity producers, traders, buyers and investors.