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Category: Freight Forwarding

Feb 22
Prime Minister pledges to bring shipbuilding back to the UK

PM will announce which company is the preferred bidder to design new Type 31 frigates to be built in the UK. Thousands of jobs in the British shipping industry will be created over the next decade, the Prime Minister will announce on Thursday, as he pledges to bring shipbuilding back to the UK and strengthen […]

Feb 22
Singapore-based Finaxar to provide financing solutions on CALISTA

Singapore, 18 September 2019 – Singapore-based Finaxar, announces the partnership with Global eTrade Services (GeTs), a global trade platform company.  Finaxar provides its unique Lending-as-a-ServiceTM to financial institutions, trade and e-commerce platforms using data-driven methods to provide the fast, tailored financing solutions for SMEs.  The partnership will see the offering of Finaxar’s to users of […]

Feb 21
CEOs and world leaders call on governments to reform trade

Roughly 30 CEOs and Chairpersons of industry-leading companies call on governments to resolve geopolitical tensions, focus on trade reform and avoid protectionism.

Feb 21
Macquarie strengthens position as a global shipping lender with total market value surpassing $US3 billion

Macquarie Shipping Finance, a specialist in providing finance to SME shipowners has now financed over 190 vessels, with a total market value of more than $US3 billion.

Feb 21
Less domestic red tape in services trade could save $150bn annually worldwide, says OECD-WTO study

The Joint Initiative on Services Domestic Regulation hopes to conclude its negotiations at the 12th Ministerial WTO Conference (MC12), which was scheduled to begin tomorrow in Geneva, Switzerland, but has been postponed due to COVID-19 travel restrictions. 

Feb 21
E-bills of lading incoming: Future International Trade (FIT) Alliance formed by DCSA, BIMCO, FIATA, ICC, SWIFT

A new alliance aimed at standardising electronic bills of lading has been formed by several leading institutions in trade, banking, shipping, and freight forwarding. Effective as of today, the Digital Container Shipping Association (DCSA) has launched the Future International Trade (FIT) Alliance. The FIT Alliance is built around a memorandum of understanding (MoU) signed by […]

Feb 21
Workers at the UK’s largest container port go on strike

Dock workers at the UK’s largest container port have gone on strike for the first time in 30 years. About 1,900 members of the Unite union at Felixstowe in Suffolk are walking out for eight days in a dispute over pay. Unite said members rejected a 7% pay offer from the Felixstowe Dock and Railway […]

Feb 21
UKEF ramps up support for SMEs, enhancing global exporting ambitions

Estimated reading time: 2 minutes UK Export Finance (UKEF) has launched a new product to help support small- and medium-sized enterprises (SMEs) through challenging market conditions. Attending the UK Trade & Export Finance Forum 2022, Trade Finance Global (TFG) were on the ground when Minister for Exports Andrew Bowie, announced the launch of the new Bills […]

Feb 21
HSBC launches B2B point-of-sale financing solution

Today, HSBC unveiled a pioneering banking solution in Hong Kong, introducing point-of-sale financing for business-to-business (B2B) transactions. This offering will empower B2B sellers on online platforms to provide extended payment terms to their business and institutional customers. Using APIs, a financing option will be created at the check-out page of HSBC clients’ B2B eCommerce platforms. […]

Feb 21
Barometer index shows signs of trade recovery amid mixed signals

The latest reading of the barometer index indicates positive growth, with a rise from 92.2 in March to 95.6. However, it remains below the baseline value of 100, indicating a below-trend stabilisation and the early stages of an upturn in merchandise trade volumes. Despite these positive developments, the barometer’s component indices present mixed signals, suggesting […]

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