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News
14 March 2018
in
Transport

Blockshipping using blockchain to transform shipping

New Danish company Blockshipping, whose CEO Peter Ludvigsen previously worked at Maersk Line, is using blockchain to make it easier for carriers to share containers with...

News
14 March 2018

StanChart: UK has $65bn potential trade with emerging economies

A new report by Standard Chartered examines the trading partnerships between the G7 and E7 (Emerging Seven) economies of Bangladesh, China, India, Indonesia,...

News
14 March 2018

DS-Concept opens office in Peru

Germany-headquartered trade finance group DS-Concept has opened an office in the Peru capital of Lima with the goal of financing foreign trade for companies in the...

News
14 March 2018

ADB says $66bn to be invested in Greater Mekong Sub-region

The Greater Mekong Sub-region (GMS) is expected to receive $66 billion in investment to strengthen regional economic cooperation in the next five years - with $7 billion...

News
13 March 2018

Opportunity of the day: CNPC arms to build Etana's $11.8bn Russia PET plant; first funding from Chinese banks

The Etana polyethylene terephthalate (PET) plastics and fibre project at Maisky in the North Caucasus republic of Kabardino-Balkaria is being developed in three distinct...

News
13 March 2018
in
Oil & gas

Bapco tests bank appetite for $4.2bn expansion

Bahrain Petroleum Company (Bapco) is testing bank appetite for its $4.2 billion Sitra expansion project. Financial close is expected by Q4 of 2018. The...

Perspective
13 March 2018
in
Agri/Soft Commodities, Infrastructure, Metals and Mining, Oil & gas, Power, Renewables, Telecoms and Communications, Transport, Waste and water

Global commodity finance 2017: A shift in structure

The TXF commodity finance report has revealed a year-on-year rise in global volumes from 2016. With Middle Eastern traders turning up the heat, Russian producers looking...

News
13 March 2018

Time running out for Noble Group to reach deal with funds

The moment of truth is approaching for Hong Kong-headquartered Noble Group. Nearly a year after a shock trading loss sent it spiraling toward collapse, the commodity...

News
13 March 2018
in
Metals and Mining

SUEK secures $1.055bn PXF

Moscow-headquartered Siberian Coal Energy Company (SUEK) has signed a $1.055 billion five-year syndicated pre-export loan agreement. The facility will be used for...

News
13 March 2018

China spending on Belt and Road energy projects drops 28% to $14bn

China's financing for Belt and Road energy projects dropped 28% to $14.3 billion last year, from $19.9 billion. The slowdown in spending came as the government...

News
13 March 2018

Funding Circle chooses bank partners for record-setting float

UK-based alternative lending platform Funding Circle has reportedly chosen the banks to help it go public. Bank of America Merrill Lynch, Goldman Sachs, Morgan Stanley...

News
13 March 2018

US leads the way as protectionism threatens global trade

Protectionism could harm global trade after it was revealed that more than 460 new protectionist measures were brought in throughout the world in 2017, according to Euler...

News
13 March 2018

'No deal' Brexit could cost UK, EU companies £58bn

A 'no-deal Brexit' could leave companies in Britain and the EU facing an extra £58 billion in annual costs - with the financial sector set to be the...

News
13 March 2018

First Abu Dhabi Bank chooses Accuity to boost sanctions screening

First Abu Dhabi Bank has selected Accuity, a provider of risk and compliance, payments and know your customer solutions, to provide integrated global sanctions screening...

News
13 March 2018
in
Power, Renewables

IFC, MIGA agree Bujagali hydro refinancing

The IFC and MIGA have approved a plan to refinance more than $400 million of loans to Bujagali Energy and provide up to $423 million in guarantees in support of the...

News
13 March 2018
in
Power, Renewables

Gore Street Capital plans first UK energy storage fund

Gore Street Capital is looking to raise £100 million for a flotation of Gore Street Energy Storage Fund (GSF) on the London Stock Exchange in April. The fund will...

News
13 March 2018
in
Metals and Mining

Teranga Gold secures funding for West African mining operations

Teranga Gold Corporation has received a commitment letter from Taurus Funds Management Pty securing development finance for its gold mining operations in Burkino Faso....

News
13 March 2018
in
Renewables

Landsvirkjun closes Iceland's first green bond with $200m raise

Icelandic state-owned electricity generator Landsvirkjun has closed its debut US private placement raising $200 million to develop the Theistareykir and Burfell II power...

News
13 March 2018
in
Power, Renewables, Transport

E.ON and RWE propose asset reshuffle

Germany's two dominant utilities are proposing a complex asset swap that would involve E.ON acquiring RWE's 76.8% stake in Innogy in exchange for the return of...

News
13 March 2018
in
Renewables

NTPC tenders 2.75GW of solar capacity

The Indian government-controlled utility NTPC has issued tenders for 2GW of grid connected solar capacity to be developed anywhere across the country and a further three...