JBIC has signed a loan agreement of up to $980 million with CSN Mineracao to build a new pellet feed production plant in Brazil.The loan is co-financed with BNP Paribas and Citibank, acting also as ECA Coordinators; JP Morgan Chase, Credit Agricole CIB, Sumitomo Mitsui Trust Bank, and Sumitomo... More

JBIC has signed a $1.2 billion loan agreement with JSA International US Holdings for procuring aircraft for the company to conduct its leasing business.The loan is co-financed with MUFG, bringing the total amount to $2 billion. JSA is a US based aircraft leasing company working under the auspices of... More

ArcelorMittal has signed an MoU with JBIC to strengthen their partnership in steelmaking and decarbonisation.The MoU builds on their existing business relationship, which includes JBIC’s financing in support of ArcelorMittal’s joint ventures with Nippon Steel Corporation in India and the... More

Shell has appointed Cecile Wake as the new head of its Australian unit.Wake will succeed Tony Nunan as chair of Shell Australia effective May 22, 2023, according to a statement by Shell Australia.Shell Australia said that Nunan will take up the newly created role of Shell’s chief of... More

The Lithuanian State Energy Regulatory Council (VERT) has launched a tender to select a developer for an offshore wind project in the Baltic Sea.The project would be located 36km from the shore in Lithuanian territorial waters and have up to 700MW of capacity. The developer will be responsible for... More

Demica has released its 2023 Benchmark Report for Banks in Trade Finance, its second annual report covering key trends across all supply chain finance products.Demica surveyed 190 supply chain finance professionals based in 40 countries around the world on a variety of topics including the impact of... More

Standard Chartered has appointed Emmanuel Lemoine as Head of Transaction Banking Trade Sales for Continental Europe. He joined on March 20 and reports to Marion Reuter, Regional Head of Transaction Banking Sales UK and Europe.Emmanuel is a seasoned banker with nearly 30 years of experience across... More

Copenhagen Infrastructure Partners (CIP) has signed 25-year Offshore Wind Service Contracts with the Philippines’ Department of Energy (DOE) for 3 offshore wind farms.The contracts signed on behalf of its New Markets Fund make CIP the first company to venture on a 100% foreign-owned basis into... More

JBIC has signed a bank-to-bank loan agreement of up to €13 million ($14.1 million) with Yapi Kredi of Turkey to finance the purchase of a bulk carrier.The loan is co-financed with ING Bank bringing the total co-financing amount to approximately €26 million ($28.2 million) with NEXI... More