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GTD Solution, the Maersk business unit responsible for TradeLens, the blockchain-powered global trade platform, has named Kim Spalding as its new CEO, effective April 4. Spalding replaces Mike White, who is retiring at the end of the month. She joins from Google, where she most recently served as general manager and product leader for local ...
UK Export Finance (UKEF) has agreed to guarantee a £400mn sustainability-linked facility for a developer of hydrogen technology, as the government works to strengthen Britain’s role in global clean energy supply chains. The export credit agency will cover 80% of a five-year loan from Bank of America, HSBC and SMBC to Johnson Matthey, a London-headquartered ...
The number of Russia-flagged vessels engaging in suspect shipping practices has soared in recent weeks, new data show, as Russian exporters explore ways to dodge western sanctions and overcome reputational concerns over their goods. Within weeks of Moscow’s full-scale invasion of Ukraine, the US and its European partners slapped retaliatory sanctions on Russia’s largest banks, ...
Specialist re/insurance broker Miller has hired Andrew Barr as a credit and political risks (CPRI) broker. Barr previously worked at Texel and Marsh, where he spent four years and seven years respectively. Based in London, in his new role he will be tasked with helping financial institution clients obtain risk mitigating and regulatory compliant credit ...
A group of traditional owners in Australia has begun legal action seeking an injunction to prevent South Korea’s export credit agency and export-import bank from supporting a giant gas project. Representatives of the Tiwi Islander and Larrakia indigenous peoples in northern Australia say they weren’t properly consulted by the developer of the Barossa gas project, ...