Back in February the giant container ship Ever Given wedged itself across the Suez Canal, knocked off course by strong winds, blocking over 400 vessels from navigating one of the world’s main trade routes, the shortest sea-link between Asia and Europe. Whilst it was...
A freeport or “free zone” is an area that is inside the geographic boundary of a country, but which is legally considered outside the country for customs purposes. Freeports operate as secure customs zones, usually located at ports or airports, where business can be...
Supply Chain Finance also known as Reverse Factoring It provides suppliers with immediate cash on invoices and the buyer gets the goods for a period of time before having to pay for them as the payment terms on the invoice remains unchanged or in some cases, even...
More than 400 vessels were stranded in the Mediterranean and the Red Sea when the giant container ship Ever Given became wedged across Eqypt’s Suez Canal after it was knocked off course by strong winds. The ship is 400m long; the length of four football pitches and...
The General Export Facility recently launched by UK Export Finance aims to provide greater access and flexibility for UK exporters to trade finance funding. UKEF is the UK’s export credit agency. It exists to ensure that no viable UK export lacks for finance or...
Recent Comments