Search results

Results found: 1347
Intra-Asian supply chains to grow significantly says HSBC
Intra-Asian supply chains to grow significantly says HSBC
Jonathan Bell
17 September 2020

The prolonged Covid pandemic is encouraging significant changes in global trade patterns, and according to a recent HSBC survey, Asian corporates are expanding their supply chain footprint throughout Asia. We also look at ways to help reduce the $2-$5 trillion global trade finance gap.

EV gigafactories: Europe moves up a gear
EV gigafactories: Europe moves up a gear
Jonathan Bell
9 September 2020

Tesla has been running the show on so-called gigafactories for electric vehicles for some time. But now Europe with considerable support from DFIs and backing by ECAs for select projects is firmly in the race.

Mozambique – it’s a gas, gas, gas?
Mozambique – it’s a gas, gas, gas?
Jonathan Bell
29 July 2020

Mozambique has pinned considerable hope on two mega LNG projects. Jonathan Bell assesses the situation and examines the fortunes of Mozambique LNG and Rovuma LNG.

US Exim has key role to play in China trade war
US Exim has key role to play in China trade war
Jonathan Bell
16 July 2020

The US administration has drastically upped the ante in its economic war against China with its actions against Huawei. At the same time, US Exim is one agency that has been charged to not only promote US exports and jobs but also counter Chinese state financing where necessary. Jonathan Bell assesses the developments and implications.

Spotlight on Singapore as commodity banks nurse potential losses
Spotlight on Singapore as commodity banks nurse potential losses
Jonathan Bell
25 June 2020

The high-profile collapse of Singaporean-based oil trader Hin Leong and other certain suspect cases has highlighted malpractices within the sector and concern for future lendings. Jonathan Bell assesses what this all means for the commodity finance community in the city state.

Stuck in the great oil game!
Stuck in the great oil game!
Jonathan Bell
13 May 2020

The oversupply of crude oil coupled with the massive fall in demand due to Covid-19 has led historically low prices. What is the impact of this and who are the winners and losers? Jonathan Bell delves into the well to explore the scene.

It’s Fridayyyee! Giving something back in tough times
It’s Fridayyyee! Giving something back in tough times
Jonathan Bell
16 April 2020

Please watch the video link below to see how one industry practitioner – Jerry Kohler of Texel - is making a difference by raising money for those less fortunate.

Podcast: BPL Global on the impact of Covid-19 on CPRI
Podcast: BPL Global on the impact of Covid-19 on CPRI
Jonathan Bell
6 April 2020

TXF spoke with James Esdaile, managing director at BPL Global, to discuss the significant exposure private insurers have to credit and political risk insurance (CPRI) amid the Covid-19 crisis. As ECAs gear up to further support exporting companies, what role will the private insurance sector play in export finance? Will the pandemic change the dynamic of the CPRI market? And how will the private sector look in the wake of coronavirus?

Shop talk: Covid-19 – the new ECA and private insurance stress test
Shop talk: Covid-19 – the new ECA and private insurance stress test
Jonathan Bell
29 March 2020

TXF spoke with Valentino Gallo, founding partner at Javalyn Partners, an independent structured asset management firm that specialises in infrastructure and trade finance, to discuss the real impact of the coronavirus pandemic on the trade and export finance market.

US Exim fully reauthorised - but the Middle East gets turned upside down
US Exim fully reauthorised - but the Middle East gets turned upside down
Jonathan Bell
14 January 2020

At long last US Exim has got the mandate that US exporters have been crying out for. But, asks Jonathan Bell, will the recent events in Iraq and the troubles with Iran spill over and impact US export activity in Middle East markets?

Can the US-China trade truce progress beyond phase one?
Can the US-China trade truce progress beyond phase one?
Jonathan Bell
19 December 2019

The tentative US-China phase one trade agreement last week brought cheer to the markets. But, asks Jonathan Bell, with so few firm details will this become a real deal and move on to meaningful progress to end this heavily damaging saga to world trade?

TXF Asia 2019 Export, Agency & Project Finance – Top 10 takeaways
TXF Asia 2019 Export, Agency & Project Finance – Top 10 takeaways
Jonathan Bell
27 November 2019

TXF Asia took place in Singapore earlier this month to discuss the growth of ECA and agency financing in the APAC region. Jonathan Bell, editor-in-chief and director at TXF explores the changing face of financing in the region and outlines some of the key opportunities and trends emerging from the conference.

Lack of trade finance continues to hit SMEs badly
Lack of trade finance continues to hit SMEs badly
Jonathan Bell
4 September 2019

Latest reports indicate that the global trade finance gap stands at $1.5 trillion. Jonathan Bell reviews the scene and questions why so much more isn’t being done to improve the situation.

Commodity report for H1 2019 shows drastic drop in volumes
Commodity report for H1 2019 shows drastic drop in volumes
Jonathan Bell
28 August 2019

Overall volumes of global commodity trade financing fell by almost 30% according to the TXF H1 2019 Commodity Report. Jonathan Bell reviews this drastic drop and assesses whether it is simply a portrait of volatile commodities and market trends or more far-reaching influences impacting global business.

Big questions surround future of mining in DRC
Big questions surround future of mining in DRC
Jonathan Bell
21 August 2019

Glencore’s decision to temporarily mothball the world’s largest cobalt mine in the DRC raises many questions about the state of mining in the central African country. Jonathan Bell examines the reasons behind the decision and assesses what the future could hold for both the country and Glencore.

Key trends revealed in TXF’s H1 2019 export finance report
Key trends revealed in TXF’s H1 2019 export finance report
Jonathan Bell
14 August 2019

The TXF half-year 2019 export finance report shows a bullish start to the year in the power sector, Japan’s JBIC coming in as top direct lender and the US and Australia being the two top destination markets. Jonathan Bell provides some teasers.

US-China trade wars get uglier
US-China trade wars get uglier
Jonathan Bell
7 August 2019

In a ramp up of the US-China trade wars, the US is accusing China of being a currency manipulator in order to gain trade advantages. But, asks Jonathan Bell, is this simply a Chinese response to lessen the impact of US trade tariffs, part of a more aggressive stance from China or is it part of a much more complex overall picture?

China’s Cofco ups the ante with sustainability-linked loan
China’s Cofco ups the ante with sustainability-linked loan
Jonathan Bell
24 July 2019

Cofco has signed the largest loan for an agri trading company yet which is linked to sustainability elements. Jonathan Bell examines this growing trend within agri-finance and importantly, how the Chinese trader is helping to push for increased traceability of soy beans.

Mind the gaps: On trillions, trade and financing women-owned and run businesses
Mind the gaps: On trillions, trade and financing women-owned and run businesses
Katharine Morton
17 July 2019

TXF talks to Makiko Toyoda and Jessica Schnabel, the women who are spearheading the development of IFC’s latest initiative to raise access to trade finance for women-owned businesses, revealing ambitious goals and the practical steps to help fulfil them.

Hydrocarbons sector remains a lynchpin of bank financing
Hydrocarbons sector remains a lynchpin of bank financing
Jonathan Bell
10 July 2019

Despite some of the legal challenges taking place in the US, financiers can be expected to remain committed to the huge volume of hydrocarbons financing which will take place over the next couple of decades. Jonathan Bell examines the scene.

OPEC+ responds to impact of trade wars
OPEC+ responds to impact of trade wars
Jonathan Bell
4 July 2019

The decision to maintain oil production cuts, and by so doing the market price, is a clear reflection of the impact of the US-China trade wars. Jonathan Bell assesses the new alliances.

Finding the right mix for African power projects
Finding the right mix for African power projects
Jonathan Bell
29 May 2019

African power generation is still dominated by a mix of hydro and coal, but renewables are finding good purchase in almost every country and at increasingly affordable scale and cost. Finding the right mix in a testing climate change environment though presents many challenges. Jonathan Bell assesses the landscape.

Norwegian agencies step-up to support reborn shipbuilding sector
Norwegian agencies step-up to support reborn shipbuilding sector
Jonathan Bell
15 May 2019

As the shipbuilding industry in Norway transitions, so the government support appears well-placed to back new developments. However, in the case of finance for a krill-fishing vessel just how sustainable is this backing from the agencies?

Pulling the plug on TSU and the wiring of trade finance: What next for BPO?
Pulling the plug on TSU and the wiring of trade finance: What next for BPO?
Katharine Morton
1 May 2019

Now that SWIFT’s Trade Services Utility (TSU), the matching application that underpinned the Bank Payment Obligation, is on its way out, the wiring of trade finance needs looking at. Katharine Morton warns that it can feel like explaining how electricity works.

SFIL liquidity helps French exporters secure a better global playing field
SFIL liquidity helps French exporters secure a better global playing field
Jonathan Bell
26 April 2019

Philippe Mills, chief executive officer of SFIL, the French public development bank, talks to Jonathan Bell about how the French agency is making a difference on the French export front.

Powering up for business in Iraq
Powering up for business in Iraq
Jonathan Bell
24 April 2019

The defeat of Daesh in Syria and Iraq can hopefully provide greater impetus to new business in Iraq. What is critical now is consolidation of security for the rebuilding of basic infrastructure – such as power generation and water. Jonathan Bell examines inroads being made by European ECAs to support this trade.

Export finance – looking back at some of the best crystal ball gazers in the business
Export finance – looking back at some of the best crystal ball gazers in the business
Jonathan Bell
3 April 2019

Back in 2014 TXF hosted an export finance filmed webinar with participants assessing both the state of the industry then and how it might be in 2019. Jonathan Bell examines what was said about the industry then and how the predictions stack up in today’s landscape.

Global telecoms tussle taken into a dark web
Global telecoms tussle taken into a dark web
Jonathan Bell
14 March 2019

The race to be a global leader in certain cutting-edge technologies will always be a hard fought one. But in the case of China’s Huawei, the company has unfortunately been wrongly dragged into the whole US-China trade wars saga. Jonathan Bell examines the scene.

Traders further build-in SDG principles and financing
Traders further build-in SDG principles and financing
Jonathan Bell
6 March 2019

Sustainability within commodity production and financing has been slow to properly kick-in. But changes are afoot, and many traders are now making valiant strides to ensure sustainability goals become a real part of their make-up. Jonathan Bell assesses some recent developments.

US-China trade truce provides breathing space
US-China trade truce provides breathing space
Jonathan Bell
27 February 2019

The cancellation of the hike in tariffs on imports from China into the US is giving rise to hope of a trade deal between the two countries and an end to the all-out trade wars. Jonathan Bell assesses the prospects.

Russian corporates face up to increased sanctions threat
Russian corporates face up to increased sanctions threat
Jonathan Bell
20 February 2019

Commodity producers and other corporates in Russia are closely watching the possibility of increased sanctions being imposed by the US. But while the prospect of these is still unclear, there is confidence that lessons learned over the past five years of sanctions will provide a good degree of protection to any impact.

Nord Stream 2 leaves politics in its wake
Nord Stream 2 leaves politics in its wake
Jonathan Bell
14 February 2019

Despite the intense political debate surrounding the Nord Stream 2 gas pipeline, the project is moving ahead at great pace. Jonathan Bell examines what all the fuss is about.

Key LNG projects line up ECA financing
Key LNG projects line up ECA financing
Jonathan Bell
6 February 2019

The increased focus on upstream LNG looks likely to intensify, and the sheer scale of many of these projects will require funds from a range of sources, not least ECA support. Jonathan Bell highlights a couple of prime examples where the ECAs are likely to play leading roles.

Dangote refinery set to transform Nigeria’s downstream oil sector
Dangote refinery set to transform Nigeria’s downstream oil sector
Jonathan Bell
30 January 2019

The mega Dangote oil refinery will radically change the downstream landscape of Nigeria and enable vital import substitution. Jonathan Bell examines developments.

Locking in with the Panama Canal
Locking in with the Panama Canal
Jonathan Bell
23 January 2019

The Panama Canal is one of the wonders of the world. Jonathan Bell charts its course.

Winds of change filter in
Winds of change filter in
Jonathan Bell
19 December 2018

The recent UN climate change conference COP24 gave us all a stark reality check on where we are in terms of trying to do something to save this planet. It’s a massive uphill struggle. Slowly, in some areas the message is filtering through. Here, Jonathan Bell looks at some renewable energy developments which are helping to make a difference.

US tech concerns with China could spook markets further
US tech concerns with China could spook markets further
Jonathan Bell
12 December 2018

While the US and China try to seek agreement in their trade war, the prospect of a wider spat could open up as the US eyes technology issues. Jonathan Bell reviews the latest developments.

Moving ahead in southern Africa
Moving ahead in southern Africa
Jonathan Bell
5 December 2018

TXF last week held its annual Cape Town Conference on southern African Commodities, Export & Project Financing. Here, Jonathan Bell highlights some of the key takeaways from the event and some further recent important major project developments.

Finding sense and sensibility in global commodities
Finding sense and sensibility in global commodities
Jonathan Bell
28 November 2018

Making sense of the bigger picture of the state of the global commodity markets is no easy task. But here, Jonathan Bell meets up with a long-time friend and real commodity guru in Geneva - Jean-Francois Lambert, former head of HSBC commodity finance, and now founder and managing partner of Lambert Commodities.

Rethinking the rules of development financing
Rethinking the rules of development financing
Jonathan Bell
21 November 2018

A new report on competition within export, ECA-backed and development financing and how some of these practices are distorting the multilateral finance system has just been released. Jonathan Bell assesses the report and suggests that policy makers need to act now.

Commodity logistics boosted by increasing digitisation
Commodity logistics boosted by increasing digitisation
Jonathan Bell
14 November 2018

Great strides are now being made in enhancing commodity logistics through the use of blockchain in commodity shipments. Jonathan Bell explores some of the recent developments.

China at a crossroads of international openness
China at a crossroads of international openness
Jonathan Bell
7 November 2018

China is hosting the world’s first international import expo. Jonathan Bell examines the development in what could be the start of a new era of trade focus for the world’s second largest economy.

All aboard for African railway projects?
All aboard for African railway projects?
Jonathan Bell
31 October 2018

Rail projects have the capability to change the face of the African continent for both freight and urban passengers. But, argues Jonathan Bell, proper planning of viable rail links is essential if they are to find the right backers and mix of financing.

Increased connectivity drives Asia’s regional and global trade growth
Increased connectivity drives Asia’s regional and global trade growth
Jonathan Bell
24 October 2018

Global connectivity is driving the development of urban networks. But, stresses Jonathan Bell, it is cooperation and increasing economic integration which will lead to increased trade growth and development of projects.

The great crude oil game enters a new chapter
The great crude oil game enters a new chapter
Jonathan Bell
17 October 2018

High crude oil prices look set to continue despite efforts to increase production. At the same time, argues Jonathan Bell, we are seeing a greater strategic use of crude.

US drives through to reach trade and investment positives
US drives through to reach trade and investment positives
Jonathan Bell
10 October 2018

With the new trade agreement between the US and Canada, a revised NAFTA, and the passing of the BUILD Act in the US, Jonathan Bell asks if we are finally beginning to see some positives on trade from the politicians?

Celebrating growth: Top takeaways from TXF West Africa 2018
Celebrating growth: Top takeaways from TXF West Africa 2018
Jonathan Bell
2 October 2018

Last month, TXF gathered a small delegation of senior players active across West Africa to discuss the exciting developments playing out across the region. Here’s just a snapshot of what we concluded.

The changing pace and face of upstream gas
The changing pace and face of upstream gas
Jonathan Bell
26 September 2018

Mega upstream gas projects have been prolific in recent years, but asks Jonathan Bell, how is the industry changing and what can we expect with future projects?

Africa and China – reinforcing the ties that bind
Africa and China – reinforcing the ties that bind
Jonathan Bell
12 September 2018

China is putting more major funds and resources in place to further cement trade and investment ties with Africa, but asks Jonathan Bell is this sustainable and what are the pros and cons for African states?

Sharp rise in marine fuel will impact global trade
Sharp rise in marine fuel will impact global trade
Jonathan Bell
5 September 2018

The global shipping industry is preparing for a sharp rise in the cost of marine fuel come 2020. Jonathan Bell explores the implications of this – for the crude oil sector, refiners and for global trade.