TXF: Indepth

TXF: Indepth

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TXF: Indepth episodes

  • Vitol, Shell and Litasco seek crude tankers to mitigate glut amid coronavirus outbreak; BSTDB lends to Armenian DFI for SME funding;Vicentin to begin debt restructuring
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Three of the world’s largest oil traders - Vitol, Royal Dutch Shell, and Litasco - are seeking to store crude on tankers at sea as the industry tries to deal with a glut that’s emerged since the outbreak of the coronavirus in China
    The Black Sea Trade and Development Bank (BSTDB) has provided a $10 million SME loan facility to the Armenian Economy Development Bank (Armeconombank)
    Vicentin, Argentina's top exporter of processed soy, has asked a judge to begin negotiations for debt restructuring as the firm struggles to cope with a widening economic crisis in the country
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Coface to acquire GEIK's short-term export credit insurance arm; Metalloinvest prices bond via public offering; and Olam nets post tax gain for Q4 2019
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Singapore-headquartered Olam International recorded a net one-time post tax gain of about $72 million arising from exceptional/one-off items in its unaudited financial statements for Q4 2019
    Coface has signed an agreement with the Norwegian ministry of Trade, Industry and Fisheries regarding the acquisition of GIEK Kredittforsikring, which writes and manages the short-term export credit insurance portfolio previously underwritten by the ECA, GIEK
    Russian iron ore and HBI producer Metalloinvest has priced its BO-04 series bonds for a total amount of RUB10 billion through a public offering
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
    3 min
  • Russia eyes $1bn loan to Norilsk Nickel for palladium mine; and LiquidX/COFCO make news hires
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Chinese-owned grain trader COFCO International has announced three appointments to its executive committee and named a new country manager for Brazil
    The Russian government is considering spending $1 billion from its sovereign wealth fund on a loan to mining giant Norilsk Nickel for its Arctic Palladium project
    New York-headquartered LiquidX, the global network for illiquid assets, has appointed Alice Hackett as Chief Revenue Officer
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
    3 min
  • Trafigura, Mercuria and GP Global apply for bunker supplier license in Singapore and Traydstream and Hexaware partner to digitise trade
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Trafigura and Mercuria, and oil services firm GP Global have applied for bunker supplier licences to operate in Singapore,
    Traydstream, which is a fintech platform that uses artificial intelligence to check trade documents, and Hexaware, which is an IT and business process outsourcing company, have signed a partnership agreement to help digitise trade.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • Guyana loses $55bn from Exxon deal; Ripple partners with Intermex for US-Mexico payments boost; and Canadian exports fall to lowest level in ten years
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Confidence among Canadian exporters fell to its lowest level in almost a decade, according to Export Development Canada’s latest Trade Confidence Index.
    Blockchain group Ripple has entered into a partnership with International Money Express (Intermex) to ensure faster cross-border payments between the US and Mexico
    Guyana, the world’s newest oil exporter, has lost $55 billion from its deal with Exxon that would allow the oil major to develop its offshore oil resources
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today
    4 min
  • BP boosts dividend payout amid Q1 drop in profit; Rusal suspends Guyana operations; and komgo acquires TRAFEC
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    BP has boosted its dividend payout after a 26% drop in fourth-quarter profit on lower oil and gas prices which still beat forecasts
    Russian aluminium producer Rusal has suspended the operations of its business in Guyana as the unrest continues.
    Swiss-based commodity blockchain platform komgo has acquired The Trade Finance Exchange Console (TRAFEC), which provides authenticated, electronic channel of communication between commodity traders and their banks
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • ECIC releases report on Ivory Coast; Citi appoints new UK and EU trade head; and commodity prices dip on Chinese exchanges amid virus-hit country
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The Export Credit Insurance Corporation of South Africa (ECIC) has released its report, Trade and Investment Opportunities in Cote d'Ivoire, which offers an overview of the political, economic, and business environment of the country
    Citigroup has appointed Peter Crawley as Trade and Treasury Solutions (TTS) Head UK and Europe, based in London
    Commodity prices in China were hammered on Monday when the virus-hit country reopened its exchanges after a week-long Lunar New Year holiday
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • Societe Generale appoints new Switzerland head of commodity finance; EBRD to back Hungarian school infra push; and MRA-Electric awards Total EV charging concession
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The European Investment Bank has signed a €150 million loan deal to finance the construction and rehabilitation of eight schools, 16 classroom extensions, and 20 new sport halls in schools in Hungary
    Deia Markova has been appointed head of trade commodity finance in Switzerland by Societe Generale
    Metropolitan Region Amsterdam Electric (MRA-Electric) has awarded Total Netherlands Europe's largest public electric vehicle charging contract with a concession to install and operate 20,000 new public charging points in the Dutch provinces of North-Holland, Flevoland and Utrecht.
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min
  • EBRD provides $100m to Louis Dreyfus in Bulgaria; and Japan to grant $1.1bn-equivalent loan for infra push in Myanmar
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    The Japanese government is set to grant loans totalling JPY120.9 billion ($1.1 billion) to Myanmar for four infrastructure developments
    The EBRD is to provide a $100 million facility to back the expansion of Louis Dreyfus in Bulgaria
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    4 min
  • BP's CFO to step down; Trafi takes stakes in Mali solar plant; and CDC inks $100m trade finance loan with Absa Bank
    In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
    Commodity trader Trafigura has taken a majority stake in the Kita solar power plant in Mali
    BP has announced that Chief Financial Officer Brian Gilvary is to retire and step down from the board on 30 June, 2020, after 34 years with the company
    CDC Group, the UK’s impact investor for Africa and South Asia, has announced a $100 million trade finance loan with Absa Bank
    Like what you hear? Hit subscribe to stay up to date and for all the latest news online visit www.txfnews.com today.
    3 min

About TXF: Indepth

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Leading lenders, exporters, borrowers, ECAs, and experts provide in-depth analysis of major transactions and the latest trends and challenges shaping export, agency, and commodity finance.