Japanese bank MUFG sold off its $85 million loan to Glencore’s Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents in the dollar, according to two sources.The costly decision at a time of extreme market volatility extinguishes MUFG's...
A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate...
Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong,...
TXF spoke with Preslav Raykov, global head of trading at Eleen Marine about the importance of risk controls in the present geopolitical environment as well as strategies for aligning stakeholders across commodity supply chains.
A new agreement between Trafigura and Korea’s public gas company will deliver a decade of LNG imports to Korean companies. It is another sign of Korea’s efforts to mitigate its supply chain challenges with the support of a commodity trading house.
Changing business models and technologies have made it harder for ECAs and commercial banks to support satellite launches. But the demand for satellite connectivity is strong, and new use cases are driving more activity.
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