A landmark deal for CMOC Brazil provides what is the largest structured commodity finance deal for niobium the market has seen, and demonstrates the importance of structured financing for security of supply.
Deals of the Year – the TXF Perfect 10 – are a time for celebration! Here, we reveal the winners of the Commodity Finance Deals of the Year, for transactions signed in 2021. Huge congratulations to all the winning parties that were involved in these transactions.
With the war in Ukraine about to enter its third month, there is no sign of Russian military aggression abating. At the same time, turning off the gas tap to Poland and Bulgaria reveals how trade is also at the forefront as a weapon.
To celebrate the launch of the events platform, and the fact we are three weeks out from TXF Global Commodity Finance 2022, TXF’s Aife Howse gets the inside scoop from Melinda Moore, CEO of Clean Mining, as they deep dive into the geopolitical relationship with rising base metals prices
TXF Editor, Jonathan Bell joined Deutsche Bank to discuss whether it's possible to transition to net zero whilst maintaining energy supplies needed to keep up the output of copper, steel and aluminium needed for turbines, solar panels and electric vehicles
The war in Ukraine has disrupted commodity flows significantly. What are the short- and medium-term implications for commodity supply chains? At the TXF Global Commodity Finance Conference in Amsterdam on 10-11 May, the impact of the conflict on commodity supply chains and trading will take a leading part in the debate.
TXF Editor, Jonathan Bell joined Deutsche Bank to discuss how export credit agencies can step-up and improve the volume of current export finance deals being classed as sustainable, and what should the OECD Arrangement do to support Net Zero transition?
Beyond the horrors and dreadful tragedies of the war in Ukraine there will be extreme economic fallout in the trade and investment space for many years to come. The conflict and sanctions imposed so far leaves banks, businesses and commodity trade severely exposed. What alternative supply solutions can be found?
The volume of sustainable deals within the export finance sector is growing. But to take this forward positively across all industrial sectors a sensible debate with a clear pathway is needed to ensure business is not lost.
As we run up to year-end 2021 we are now open for nominations for the TXF Deals of the Year for 2021. In addition, we are currently surveying for the Export Finance Industry Report 2022 through which we will derive and announce the Industry Choice Awards.
With widespread disruptions in the trade supply chain and a growing trade finance gap, particularly impacting smaller businesses, a recently released report calls for systemic modernisation of global trade finance and lays down a roadmap for radical change
A new research report from TXF Intelligence highlights the increasingly important role of private credit funds in the trade and commodity finance market.
The success of the Uzbekneftegaz $3.6 billion GTL (gas-to-liquid) project – launching in early 2022 - paves the way for other major industrial projects in the country. Following on from this project we can expect to see greater involvement from a wider range of international financiers.
The success of the Uzbekneftegaz $3.6 billion GTL (gas-to-liquid) project – launching in early 2022 - paves the way for other major industrial projects in the country. Following on from this project we can expect to see greater involvement from a wider range of international financiers.
It has been a long time and much has happened since we held our last physical global commodities event. But come 7-8 October we are back in Geneva and addressing the realities of the commodity finance market today in our hybrid event.
Part of the commodity trade finance sector is transforming itself with the use of digital platforms utilising blockchain technology. We look at two key examples where significant inroads are being made.
UKEF support has been highly instrumental in securing the project financing for the construction of six hospitals in Cote d’Ivoire. The deal is the largest yet for the UK ECA in francophone Africa.
Global seaborne container trade and related supply chains have been heavily disrupted through the course of the pandemic. Shipping costs have consequently increased dramatically, and shippers are seeing massively increased revenues. We explore some of the trends taking place.
In the age of ‘clean and green’ there is a growing need to develop rail transport links globally. And on the African continent some recent rail projects show that miracles can happen, despite the numerous limitations
In the age of ‘clean and green’ there is a growing need to develop rail transport links globally. And on the African continent some recent rail projects show that miracles can happen, despite the numerous limitations
Crude oil producers got a sharp wake-up call with the recent Dutch court ruling against Shell. In a fast changing world many of the big oil producers need a wake up to the full reality of reducing emissions. At the same time some realism needs to remain during such transitionary periods.
The Ever Given container ship has been ‘arrested’ and the Egyptian authorities are demanding massive compensation. And with the Japanese owners of the ship declaring ‘general average’ there is now a virtual minefield for shippers and insurers to navigate. We explore some of the potential issues.
On 27 April the European Union (EU) ratified the Brexit trade agreement with the United Kingdom. Here, TXF speaks to Alan Farkas, partner at international law firm Dorsey & Whitney, about whether the ratification has set the EU on a path to granting the UK ‘equivalence’ and what the agreement might mean for the financial services sector.
Changes to the rules on local content within ECA-backed export financing is just one of the elements of the OECD Arrangement that many have been asking for. Now an increase in the local content percentage rule looks set to give the export finance community a fillip it has been seeking for a long time.
With numerous deals submitted for the TXF Export Finance ECA-backed Perfect 10 and heavy voting through Tagmydeals.com, the shortlist provided some excellent deals and ultimately there were some hard choices to be made. The overall list of winners is indicative of a very impressive performance from the export finance global community for deals signed in 2020.
From speedy deal gestations to the calibre of an ECA's product offering, the Export Finance Industry Awards 2021 recognises industry excellence based on the banking and ECA heatmaps produced in TXF Research’s Global Export Finance Industry Report 2021. Find out this year's winners here.
The export finance sector has remained robust and resilient throughout the pandemic. TXF’s Industry Report and the Deals of the Year 2020 demonstrate this clearly. But what is the sector outlook for 2021 and beyond?
Mozambique’s economic future rests on the success of the development of the country’s LNG development projects. So, with so much at stake, why has the government and the armed forces been so inept at ensuring security, and where is the urgency to properly deal with this situation?
So many negative stories have hit the commodity finance sector through the past year. But it is definitely not all doom and gloom, as the big traders get stronger and the commodity boom looks set to run fuelled by the green energy transition, EVs and infrastructural development.
Increasing pressure is being put on lenders to drop hydrocarbon projects, but this is much easier said than done and a proper transition period allows for all parties to develop sustainable alternatives. Jonathan Bell assesses some of the issues.
The Nord Stream 2 gas pipeline project between Russia and Germany has only 150 kilometres of pipeline left to lay, but increased sanctions from the US and now calls to halt the project from the EU Parliament itself put the whole project at much bigger risk. Jonathan Bell examines the current situation.
In what has been one of the most eventful years for commodity trade finance, we take a long hard look at some of the major happenings and assess what these mean for the sector at large and for future financing.
The container changed global seaborne trade forever. As consumers we simply expect goods to be transported and arrive, but two major incidents this year reveal the harsh realities that can occur in the transport of goods by sea.
The recent signing of the RCEP creates the world's largest trading bloc. But, while warmly welcomed to cut red-tape constricting trade, despite its size it is not seen as the game changer it could have been.
Increasing geo-political concerns and the need for in-depth due-diligence in the Middle East has led business risk intelligence company EXX Africa to rebrand as Pangea-Risk. TXF talks to Robert Besseling, founder and CEO of Pangea-Risk about the expansion into Middle East markets.
Trade finance has many challenges to overcome and the sector knows where it needs to target with this overhaul. Tackling these areas to improve the trade climate will not only bring huge opportunities in trade but also help boost global GDP considerably.
Emmanuelle Petelle, deputy head of trade finance services, global transaction banking at Societe Generale outlines three key messages: trade finance is moving from proof of concept to everyday augmented reality; confidence amongst banks and customers is growing in alternative bidding platforms; and governments and companies have a growing role to play in shaping the future.
TXF World Fair delegates have embraced private virtual meetings with 6,700+ private meetings arranged so far! Around the virtual conference business is being done across the breadth of the TXF platform. Elsewhere, in the last few days Berne Union members have voted in Michal Ron as the new president, and the largest solar farm in sub-Saharan Africa to date gets Swedish ECA backing.
Massive potential lies ahead for many African and Asian countries. Find out more by joining the TXF Export Finance Virtual Global Fair and embracing the best networking tools around through TXF’s very own new platform.
ECAs and export finance activity have been paramount to global trade and project success so far throughout the pandemic. Discussion on the key themes, topics, trends and essential detail are lined up for the TXF Export Finance Virtual World Fair later in October.
The focus on the financing of oil & gas projects in light of reducing GHG emissions under the 2016 Paris Agreement has rightly intensified. But there needs to be a realistic discussion on the whole process, as cutting ECA funding will seriously damage many emerging markets. TXF also looks at the recent detailed article on this subject penned by Henri d’Ambrieres of HDA Conseil.
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.
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 has pinned considerable hope on two mega LNG projects. Jonathan Bell assesses the situation and examines the fortunes of Mozambique LNG and Rovuma LNG.
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.
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.
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.