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Shipping industry bodies link up with ICC and Swift to form digitalisation alliance - Vimarsana News

Shipping industry bodies link up with ICC and Swift to form digitalisation alliance

Three shipping industry associations have joined forces with the International Chamber of Commerce (ICC) and Swift in a new alliance dedicated to standardising digital trade documents. The Future International Trade (FIT) Alliance brings together the two organisations with the Digital Container Shipping Association (DCSA), the International Federation of Freight Forwarders Associations (Fiata) and the Baltic ...

Sanctions experts issue maritime trade guidance as banks grapple with OFAC demands - Vimarsana News

Sanctions experts issue maritime trade guidance as banks grapple with OFAC demands

A trio of banking, sanctions and shipping organisations has issued practical guidance for lenders facing increasingly tough restrictions on maritime trade, following banking industry concerns over how best to tackle illicit activity. The guidance, published today by the Association of Certified Sanctions Specialists, the Institute of International Banking Law & Practice (IIBLP) and IHS Markit, ...

MonetaGo continues expansion with another senior hire | Global Trade Review (GTR) - Vimarsana News

MonetaGo continues expansion with another senior hire | Global Trade Review (GTR)

MonetaGo’s hiring spree continues apace with the appointment of Mark Borton to the newly created role of managing director, Australia and New Zealand, effective immediately. Based in Sydney, Borton joins the financial technology solutions provider following 11 years at National Australia Bank, where he held the dual roles of head of transactional and trade sales ...

Senate confirms Lewis as US Exim head | Global Trade Review (GTR) - Vimarsana News

Senate confirms Lewis as US Exim head | Global Trade Review (GTR)

The US Senate has confirmed Reta Jo Lewis as president and chair of the board of directors of the Export-Import Bank of the United States (US Exim). A little over a year after the Joe Biden administration took power, and five months after Lewis was named as the preferred candidate for the role, this week ...

EU launches Chips Act to onshore semiconductor manufacturing | Global Trade Review (GTR) - Vimarsana News

EU launches Chips Act to onshore semiconductor manufacturing | Global Trade Review (GTR)

The European Union has laid out plans to ramp up semiconductor manufacturing across the bloc, as it bids to stave off a future supply crisis and reduce its dependency on imports from Asia. This week, European Commission President Ursula von der Leyen unveiled the bloc’s new European Chips Act which aims to draw in more ...