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13 January 2015

Equinox makes two new appointments to UK team

Equinox Global (Equinox), the Lloyd’s cover holder specialising in trade credit insurance, has appointed Kully Ubhi and Jack Woodruff to its UK team.

12 January 2015

Dorian LPG secures commitments to fund its new ship programme

US-headquartered, Dorian LPG, a leading owner and operator of modern Very Large Gas Carriers (VLGCs), has announced that is has received commitments for up to

12 January 2015

Baltic Trading secures loan and funds for new vessels

New York-headquartered shipping company Baltic Trading has signed a new credit facility to cover payment for newbuild vessels.

06 January 2015

US Ex-Im names advisory committee for 2015

The Export-Import Bank of the United States (US Ex-Im) today announced a new slate of members for its advisory committee for fiscal 2015.

06 January 2015

Outlook 2015 | Mildly optimistic after a shaky start

World trade grew at around 1.2% during 2014. This is still a forecast but is based on the actual data from the International Monetary Fund for the first three quarters of...

29 December 2014

KAFTA augments Korea-Australia relations

The Korean and Australian governments have signed the Korea-Australia Free Trade Agreement (KAFTA), which aims to eliminate most tariff barriers into Korea, Australia’s...

22 December 2014

Margrith Lütschg-Emmenegger retires as president of FIMBank

After more than 11 years at the helm of trade within Malta-headquartered FIMBank, the group’s president, Margrith Lütschg-Emmenegger, is retiring. The group has also...

19 December 2014

Hans Janus leaves Euler Hermes after three decades

Dr Hans Janus, a member of the board of management of Euler Hermes, has announced that he will be leaving the German export credit agency at the end of the year.

17 December 2014

BAML looks inwards for four senior GTS appointments

Bank of America Merrill Lynch (BAML) has made four senior appointments to its global transaction services (GTS) team, all from within its own ranks.

12 December 2014

Trader interview series: Part 1. Trafigura steers a smooth course ahead

As undisputed drivers of trade, the world’s commodity traders are a hugely influential group but also oddly misunderstood. They are the lynchpins of global trade, not...

11 December 2014

Bladex leads A/B senior term loan for Banco Continental

Panama-based Banco Latinoamericano de Comercio Exterior (Bladex), Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO) and the Dutch Development Bank...

08 December 2014

Sovcomflot secures 10-year limited recourse facility

Russia’s Sovcomflot (SCF Group) has secured a new credit facility with European banks, providing the shipping company with vital funds and a healthy 10-year tenor.

01 December 2014

Louis Dreyfus appoints new CEO

The global merchandiser of commodities, Louis Dreyfus Commodities (Louis Dreyfus), has appointed Mayo Schmidt as its new CEO. The decision will take effect from 5 January...

26 November 2014

Glencore extends and increases loan facilities with DRC’s Katanga

Commodity trading company Glencore has extended and increased its loan facilities with Katanga Mining (Katanga) in the Democratic Republic of Congo (DRC).

21 November 2014

JBIC and Deutsche Bank provide loans for Oldendorff Carriers

The Japanese Bank for International Cooperation (JBIC) has co-financed two buyer’s credit agreements with the Tokyo branch of Deutsche Bank for German drybulk ship...

19 November 2014

TXF Deals of the Year 2014: The Perfect10

TXF is now taking submissions for deals of the year in 2014. The deadline is 19th January so start submitting now

18 November 2014

SBI signs agreement with Adani Mining for Australian coal project

The State Bank of India (SBI) has signed a memorandum of understanding (MoU) with Adani Mining, the Australian subsidiary of India’s Adani Enterprises for potential...

18 November 2014

HSBC appoints new Asia-Pacific head of payments and cash

HSBC has appointed Kee Joo Wong as the head of payments and cash management (PCM) for Asia-Pacific, effective from 1 January 2015.

17 November 2014

Euler Hermes appoints new CEO for DACH region

Euler Hermes, the trade credit insurance company, has appointed Michael Diederich as its new CEO for operations in Germany, Austria and Switzerland (the DACH region). He...

12 November 2014

Ince & Co announces international leadership reshuffle

The international commercial law firm, Ince & Co, has appointed Paul Herring as its new chairman and Jan Heuvels as international senior partner.