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HSBC and BMO join Bill Gates-backed decarbonisation programme | Global Trade Review (GTR) - Vimarsana News

HSBC and BMO join Bill Gates-backed decarbonisation programme | Global Trade Review (GTR)

Banking giants HSBC and BMO Financial Group have announced plans to invest a total of US$150mn in Bill Gates’ Breakthrough Energy Catalyst programme, an ambitious public and private sector decarbonisation effort.  Breakthrough Energy, founded by Gates in 2015, aims to accelerate the development of direct air capture, clean hydrogen, long-duration energy storage and sustainable aviation ...

US Exim readies launch of new domestic financing programme | Global Trade Review (GTR) - Vimarsana News

US Exim readies launch of new domestic financing programme | Global Trade Review (GTR)

Commercial banks in the US have welcomed plans from the country’s export credit agency to create a new domestic financing programme, as the White House works to strengthen America’s role in global supply chains. In recent weeks, the Export-Import Bank of the United States (US Exim) concluded the feedback gathering stage for its new domestic ...

No end in sight for shipping chaos as schedule reliability hits record low - Vimarsana News

No end in sight for shipping chaos as schedule reliability hits record low

The port congestion, delayed shipments and sky-high freight rates that have plagued importers and exporters show no sign of coming to an end, industry experts believe, as fresh data shows schedule reliability are hitting record lows.  Maritime consultancy Sea-Intelligence revealed last week that schedule reliability fell to 32% in December last year, its lowest ever ...

Liberty Specialty expands financial and political risk teams | Global Trade Review (GTR) - Vimarsana News

Liberty Specialty expands financial and political risk teams | Global Trade Review (GTR)

Liberty Specialty Markets (LSM) has made two senior promotions in its financial risk solutions (FRS) division and expanded its political risk team with a new hire. Huw Owen (pictured), formerly FRS head of underwriting and London markets, takes on the newly created role of FRS chief underwriting officer. Sam Wilde, formerly underwriting manager for FRS, ...

Asia's trade trajectory facing headwinds, report warns | Global Trade Review (GTR) - Vimarsana News

Asia's trade trajectory facing headwinds, report warns | Global Trade Review (GTR)

Asia’s rise as the epicentre of global trade could be stunted if governments in the region do not put policies in place to encourage digital trade, according to a new report. The region was responsible for 41% of total global exports last year, according to the United Nations. Manufacturing powerhouses such as China and Vietnam ...