Technology

As 2023 unfolds, shippers are experiencing signs of relief from the supply chain upheaval over the past few years. U.S. container imports in December continued to close in on 2019 volumes, port delays continued to improve, the maritime capacity crunch has eased, and ocean shipping rates have approached pre-pandemic levels. 

Certainty has been in short supply in the world of shipping in recent years. Shippers, manufacturers, and carriers have all had to adapt to rapidly changing circumstances, from the lingering impacts of COVID to geopolitical conflicts, from stocking trends to industrial action. 

2022 was a year filled with ups and downs for trade technology companies, but there are many bright spots for 2023.

Your Monday morning coffee briefing from TFG: VIDEO | Think data, not documents: advancing MLETR in 2023

To learn more about UNCITRAL and the efforts to support the regulatory environment around digital trade, Trade Finance Global (TFG) spoke with Luca Castellani.

Your Monday morning coffee briefing from TFG: Shifting the mindset towards innovation in ports

Your Monday morning coffee briefing from TFG: UK Freeports: catalysts for regional economic development and recovery

The shift to a more digital form of globalisation changes who is participating, how business is done across borders, and where the economic benefits are flowing. This creates a new paradigm where not only large corporates, but also retailers, SMEs, and individuals can use international payments, integrated commerce, or trade interfaces regularly.

Iain MacLennan, VP of product management and trade at Finastra, and Patrik Zekkar, CEO of Enigio, Patrick DeVilbiss, head of product at CGI and Alisa DiCaprio, chief economist at R3, provided us with their predictions for the trade technology landscape in 2023.

In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.

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.

Alex Gray, head of trade finance at The London Institute of Banking & Finance, explains why the staff at trade banks will have an important role to play in gathering and utilising ESG data from supply chains 

Recognition at the COP27 climate summit that “old economy” minerals are critical to the global energy transition brings new demands for the extractive industry to track their own emissions if they are to meet internal pledges to decarbonise.

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.