ING joins Rabobank in cutting trade finance for oil and gas over climate
14-03-23 / by Jacob Atkins
ING has vowed to trim the volume of oil and gas trading it finances in...commodities finance
G20 watchdog flags concern over concentration risk in commodities market
21-02-23 / by Jacob Atkins
Bank exposure to commodities traders is likely to have jumped as hedging strategies evolve in...
Gunvor closes US$1.45bn facility for US operations
15-11-22 / by Jacob Atkins
The US division of oil trading giant Gunvor has closed a US$1.45bn uncommitted syndicated borrowing...
Mercuria upsizes three-year samurai term loan
05-10-22 / by Jacob Atkins
Global commodities trader Mercuria has secured a ¥70.5bn (US$488mn) samurai term loan facility from a...
Banks, insurers expected to help enforce G7 price cap on Russian oil
14-09-22 / by Jacob Atkins
The US Treasury has provided the first details on how trade finance banks will be...
Industry Perspectives: Digitised inventory monitoring the key to unlocking liquidity
22-06-22 / by GTR
The need for unquestioned inventory transparency and reconciliation in commodities has never been greater. The...
China aluminium fraud allegations suggest lessons not learned from Qingdao
14-06-22 / by Jacob Atkins
Allegations of financing fraud at aluminium warehouses in China have dredged up memories of the...
Freepoint keeps banks close for US$2.6bn facility
14-06-22 / by Jacob Atkins
US trader Freepoint Commodities has closed a US$2.63bn revolving credit facility (RCF) with close to...
Solvent but bankrupt: how sanctions felled Amsterdam Trade Bank
31-05-22 / by Jacob Atkins
The writing was on the wall for the Amsterdam Trade Bank (ATB) when, after being...
Tanker owner in court win against Gulf Petrochem directors
18-05-22 / by Jacob Atkins
Danish shipping firm Torm has won a victory in its long-running battle to recoup US$14.9mn...