Awareness about digitisation of trade finance documents still has a way to go in order for mass adoption to be achieved, as the paperless trade technologies battle against legacy systems. TXF discusses with essDocs the obstacles and ambitions of the growing digital trade finance documentation sector, and how SWIFT’s Bank Payment Obligation might be regaining credence.
Olam’s acquisition of Archer Daniels Midland (ADM)’s cocoa business provides the perfect opportunity to investigate the trader’s track record for sustainable cocoa and palm oil, its particular supply chain management technique, and the way the industry is moving towards ever greater monitoring of sustainable practices.
Trade credit insurance is reeling from the shocks affecting the global economy, recent reports from leading insurers show. World corporate risk has reached a peak, says a Coface report, and Euler Hermes reported increased claims from American companies.
In the latest edition of law firm Sullivan & Worcester's Trade Finance Breakfast Seminars, partners Geoffrey Wynne, Mark Norris, Marian Boyle and Sam Fowler-Holmes provide a legal update on a gamut of pressing regulatory issues including the UK's Modern Slavery Act, Article 55 and Bail-In, and international sanctions regimes.
Castleton Commodities International has closed a $3.3 billion trade loan refinancing its huge 2015 facility, which marked its expansion into global oil trading. The energy and metals trading company secured a lower margin on the loan and included new Asian lenders, consolidating its position as a super trader.
Stolt-Nielsen Limited, a Bermuda based provider of integrated transportation solutions for chemicals, and bulk liquids, has secured a $325 million loan with three relationship banks to acquire the chemical tanker operations and assets of Norway’s Jo Tankers.
Ollie Gordon catches up with VTB Bank’s head of global commodities and the managing director of its Trade and Export Finance division to find out how the bank is supporting its exporting clients in a post-sanctions environment.
In a wide-ranging interview, Riccardo Greco, chief financial officer of commodity trader BB Energy, talks to TXF’s Ollie Gordon about commodity prices, target markets, the traders’ varying business models, market consolidation, and the present availability of commodity finance.
On the sidelines of our Natural Resources and Commodities Finance conference in Amsterdam, we caught up with Deutsche Bank's global head of structured commodity trade finance, John MacNamara, who shared his thoughts on the impossibility of predicting commodity prices, the effect of new regulatory burdens on banks, and the commodities outlook for the Russian region.
It is an open secret that the global electric power industry, of which the coal industry forms a part, is experiencing a system-wide reduction in both volumes and prices of energy resources.
Trafigura’s exit from the Swiss Trading and Shipping Association demonstrates the effect of past mistakes on its current transparency agenda, and the different priorities and attitudes of big traders towards greater openness.
Russian fertiliser producer PhosAgro’s debut PXF is testing market appetite ahead of a planned Eurodollar bond issuance, as Russian exporters benefit from a weak rouble and look to enter international bond markets.
The past month of June has been a busy time for TXF, with two of our landmark conferences – TXF Rome and TXF London – blazing their way into the market and both proving to be resounding successes. But it has also been a time of great disappointment for me and colleagues, with the UK population voting to leave the European Union (EU).
TXF has joined forces with YellowWood Adventures to afford TXF subscribers discounted rates for adventure travel tours through Ethiopia’s iconic mountain ranges.
Ollie Gordon talks to Sanjeev Gupta, the founder and executive chairman of Liberty House Group, about the commodity firm’s much-publicised takeover bid for Tata’s UK steel assets, how he intends to turn around those loss-making businesses, and Liberty’s end-to-end business model and funding strategy.
Commodity trading company Sucres et Denrées (Sucden) has successfully signed its revolving credit facility (RCF) for a total of $400 million, bringing six new banks into the syndicate.
We’re taking the global export roadshow to Lisbon! Join us on the 7th & 8th June 2022 for another unmissable hybrid event. Deal makers from across the globe are attending in force. Don't miss out...
The destination for African commodity finance! A unique opportunity to come together with deal makers across this exciting region for virtual networking opportunities second to none!
Returning in-person to London! Calling all changemakers in trade & export finance - Join us for another thought-provoking edition to plot your ideas about diversity, sustainability and inclusion.
Return of the hugely popular virtual event which addresses the challenges of sustainable commodity finance head on. Bringing you an atmosphere that is inspiring & ideas led! The time is now...
TXF Asia is back, in-person, in Singapore! After three fabulous virtual editions, nothing can compare to face-to-face meetings and getting back in the room with the finest export finance minds.
Three virtual editions later, TXF APAC makes its first in-person return, in Singapore! Join us for an intimate, local language event curated specially for the trade and commodity finance market.
The climax to Geneva commodities week, TXF Geneva brings together the European commodity finance market for an unparalleled two days of thought leadership, networking and education.