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commodity finance

Rhine drought pushes freight towards 15-year highs as Germany...

Germany has relaxed restrictions on Sunday lorry movements as record-low Rhine water levels push freight costs towards 15-year highs and force companies to shift cargo away from one of Europe’s most important industrial waterways. Water levels at Kaub, the critical...

#BASF#commodity finance#Daimler Truck

Iran keeps Hormuz shut as sanctions demands cloud reopening...

Iran has hardened the conditions attached to reopening the Strait of Hormuz, tempering expectations that an emerging navigation agreement with…

#commodity finance#Iran#maritime trade


Europe’s heatwave turns crop losses into a working-capital test

Severe heat and drought across Europe are placing pressure on grain output, creating a potential working-capital squeeze for farmers, food…

#agricultural commodities#barley#commodity finance


BB Energy closes US$272.5m global revolving credit facility

BB Energy has closed a US$272.5m syndicated revolving credit facility backed by 21 banks across the US, Europe, the Middle…

#BB Energy#commodity finance#energy trading


BB Energy says South Sudan oil awards support debt...

BB Energy has said it has received irrevocable award letters from South Sudan for two crude cargoes due before November,…

#BB Energy#commodity finance#crude oil


Afreximbank rating strengthens trade finance firepower ahead of annual...

S&P Global Ratings has assigned Afreximbank a BBB+ long-term issuer credit rating and A-2 short-term rating with a stable outlook,…

#Afreximbank#Africa#Caribbean


Brent falls below US$80 as Strait of Hormuz reopening...

Brent crude fell below US$80 a barrel after traders priced in a gradual return of oil flows through the Strait…

#commodity finance#energy markets#oil


Iran ceasefire could ease commodity finance and trade risk...

The emerging ceasefire framework between the United States and Iran is beginning to reshape expectations across commodity, shipping and trade…

#commodity finance#energy markets#Iran


Gunvor closes US$1.37bn Asian revolver as commodity finance demand...

Gunvor Singapore has closed a US$1.366bn sustainability-linked syndicated revolving credit facility, marking the trader’s largest Asian revolving credit facility to…

#commodity finance#Gunvor#revolving credit facility


Oil drops below US$90 as Iran strike risk eases

Oil prices fell below US$90 a barrel after the US called off planned strikes on Iran, easing immediate pressure on…

#commodity finance#energy markets#Iran


Gunvor raid puts commodity trader compliance back under scrutiny

Swiss prosecutors have raided Gunvor’s Geneva offices as part of a criminal investigation linked to suspected bribery, putting compliance controls…

#bribery#commodity finance#commodity tradin


Court ruling sharpens South Sudan oil finance dispute

A London court has rejected BB Energy’s attempt to block the sale of three South Sudanese oil cargoes worth around…

#BB Energy#commodity finance#creditor risk

US strikes near Hormuz raise fresh commodity finance risk

Fresh US military strikes near the Strait of Hormuz have added a new layer of uncertainty for commodity finance markets…

#commodity finance#sanctions#shipping risk

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