In a closely watched judgment for the trade finance community, Singapore’s Appellate Division has overturned a US$146 million damages award against Dr Goh Jin Hian, the former director of marine fuel… read more →

The Digital Container Shipping Association (DCSA) has completed the first successful standards-based, interoperable electronic Bill of Lading (eBL) transaction, a milestone in the long-running effort to digitise global trade documentation.… read more →

Tariff volatility has become increasingly prevalent on a global basis as governments respond to trade environments.

The maritime landscape of the United States West Coast has entered uncharted territory with zero cargo vessels leaving China for California’s top busiest ports last week, a scenario unseen since the pandemic’s early days.

The Hong Kong Monetary Authority (HKMA) has launched an Expert Panel on Project Cargox  to strengthen Hong Kong’s digital trade finance ecosystem, leveraging cargo data through the Commercial Data Interchange… read more →

In response to the growing uncertainty in global trade policy, the International Chamber of Commerce (ICC) has released a new guidance note, Using the Incoterms® 2020 Rules to Manage Tariff Risk in International Trade.

Newly released data from the United Nations Conference on Trade and Development (UNCTAD) has added much-needed clarity to the global picture of seaborne trade.

In April 2024, Guatemala introduced a Maritime Single Window (VUMAR) at Santo Tomás de Castilla and Puerto Quetzal to modernise its port clearance procedures. Early results indicate significant time and cost savings in the year since it was implemented. 

To explore the potential impacts of the changing trade landscape and how businesses can protect operations against volatility, a panel of geopolitical and finance experts from across Marsh McLennan’s business groups came together to discuss in a webinar titled, “Navigating geopolitical risk and uncertainty: The impact of changing trade policies”.