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26 April 2024
in
Metals and Mining

JBIC finances Arqueros copper mine in Chile

JBIC has concluded a $248 million loan agreement with CMAQ, a subsidiary of Nippon Steel Mining, and Fondo de Inversion Privado Talcuna for the development of Arqueros...

26 April 2024
in
Agri/Soft Commodities

Maalexi signs deal with ECI to help agri-trade SMEs

Maalexi, a UAE-based dynamic risk management platform for SME agri-businesses, has signed a credit insurance agreement with Etihad Credit Insurance.Maalexi will leverage...

26 April 2024
in
Transport

MPCC finalises $55m Sinosure-covered loan

MPC Container Ships (MPCC) has finalised a $55 million 12-year pre and post-delivery ECA-covered financing agreement with Deutsche Bank and Sinosure for its two dual-fuel...

26 April 2024
in
Transport

JBIC finances acquisition of Simon Transport by Senko Group

JBIC has signed a loan agreement with Senko Group, which will used for the acquisition of Simon Transport in Australia. The loan is co-financed with SMBC.Through the...

26 April 2024
in
Renewables

REC secures $390m ECA-backed loan for green projects

Renewable Energy Corporation has secured a green loan worth JPY60.5 billion ($390.2 million) to finance green projects in India. The loan was provided by MLAs Credit...

26 April 2024
in
Renewables

CGN lands first yuan trade finance for Brazil solar plant

China General Nuclear Power Group (CGN) has secured its first yuan-denominated trade finance to import Chinese PV modules for a solar plant in Brazil.The CNY160 million...

26 April 2024
in
Metals and Mining

EDC issues A$400m LoI for ASM's Dubbo project

Australian Strategic Materials has received a LoI from Export Development Canada for a direct lending debt funding package of up to A$400 million (about $262 million) for...

26 April 2024
in
Renewables

AFC invests $14.1m in Xlinks’ Morocco-UK power project

Xlinks First has announced a $14.1 million investment from AFC to further the development of Xlinks’ Morocco–UK Power Project, which will provide affordable,...

26 April 2024
in
Oil & gas

Tokyo Gas sells interests in 4 Australian LNG projects

Tokyo Gas has sold minority interests in four LNG projects off the coast of Australia.EIG-managed MidOcean Energy acquired interests in the Gorgon, Queensland Curtis, and...

26 April 2024
in
Other

ADB names new Kazakhstan country director

ADB has appointed Utsav Kumar as its new Country Director for Kazakhstan.Kumar has 18 years of international experience, including more than 11 years at ADB. Prior to his...

26 April 2024
in
Oil & gas

Italy sets conditions for Vitol's takeover of Saras

Italy's government has given a conditional green light to Vitol's plan to take over oil refiner Saras.Saras's controlling shareholder - the Moratti family -...

26 April 2024
in
Power

Biden administration sets landmark rules to clean up US power sector

President Joe Biden's administration announced final rules targeting carbon, air and water pollution from power plants that it says could cut over 1 billion metric...

26 April 2024
in
Metals and Mining

Anglo snubs BHP’s ‘highly unattractive’ proposal

Anglo American has firmly rebuffed a $38.8 billion proposal from BHP, with chairperson Stuart Chambers dismissing the nonbinding offer as “highly...

26 April 2024
in
Renewables

Kazakhstan targets 10GW electrolysis by 2040

Kazakhstan has revealed its hydrogen strategy, aiming to achieve 10GW of electrolysis capacity integrated with 10GW of new dedicated renewable energy capacity by...

26 April 2024
in
Transport

Avenir orders two LNG bunker and supply vessels in China

Avenir LNG has inked a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering (SOE) for the construction of two 20,000 cbm LNG bunker & supply...

26 April 2024
in
Metals and Mining

IonicRe secures A$5.5m through share placement

Ionic Rare Earths has received firm commitments to raise A$5.5 million ($3.5 million) via a share placement. The placement, consisting of approximately 423 million...

26 April 2024
in
Oil & gas

UK’s giant new LNG tank clears way for more Qatari supply

A project that will expand UK gas storage next year has been touted as a boon for Europe’s energy security. It’s also a substantial win for Qatar.Some 37...

25 April 2024
in
Oil & gas, Renewables

Network operators cooperate on Norway-Germany pipeline

Gassco AS and GASCADE Gastransport GmbH have signed a MoU to create a new hydrogen route between Germany and Norway.Gassco is currently developing the transport...

25 April 2024
in
Renewables

SACE covers €30m loan to Chiron Energy

UniCredit and BPER have finalised a €30 million ($32 million) green loan project financing, covered by SACE guarantee, with Chiron Energy SPV 16. The financing...

25 April 2024

Quo Vadis? IfTI returns for the Global Trade Symposium 2024

Senior practitioners of the trade and export finance community will gather at the University of St Gallen this autumn for another edition of IfTI’s Global Symposium....