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HSBC
World’s Biggest Banks Will No Longer Finance New Oil And Gas Fields
The biggest banks in the world has announced that it will no longer fund new oil and gas fields, says an article published on their Euro News.
Final approvalHSBC – the largest bank in the UK and the seventh largest in the world – will not support oil and gas projects that received final approval after the end of 2021.
This is a necessary step if the world is to reach net-zero emissions by 2050, the International Energy Agency has said.
Banks committed to net-zero
The...
https://mfame.guru/worlds-biggest-banks-will-no-longer-finance-new-oil-and-gas-fields/
Transporte marítimo de contenedores tocará fondo a mediados de 2023, según las previsiones del HSBC
En una nota de investigación titulada “Rápido y furioso”, HSBC señaló que las tarifas al contado reportadas por el Shanghai Containerized Freight Index (SCFI) habían caído un 51% desde finales […]
https://www.logistica360.pe/transporte-maritimo-de-contenedores-tocara-fondo-a-mediados-de-2023/
Upcoming renegotiations of Asia-Europe contract rates to signal freight rates trends, said HSBC
British multinational banking and financial services organisation, HSBC brings forward its trough scenario for container shipping. HSBC lowered its demand estimations for 2023 and increased its effective 2022-24e supply estimates.
This is reflecting the unwinding of congestion, according to the banking major, which also sees significant downside risks for 2023 consensus profits.
Meanwhile, sport box rates have fallen significantly in the latest weeks with the Shanghai Containerised Freight Index...
Markets rattled by Putin’s order to send troops into Eastern Ukraine as HSBC and Marriot owner IHG post strong recovery numbers
Markets rattled by Putin’s order to send troops into Eastern Ukraine as HSBC and Marriot owner IHG post strong recovery numbers
22 February 2022
Markets rattled by Putin’s order to send troops into Eastern Ukraine as HSBC and Marriot owner IHG post strong recovery numbers
- Markets rattled by Putin’s order to send troops into breakaway regions of Ukraine.
- Oil shoots up 2.3% to above $97 a barrel to hit 2014 levels.
- HSBC puts pandemic bad loans behind it, but clouds remain over...
Syngenta and HSBC complete paperless trade finance transaction via TradeLens
The British multinational investment bank and financial services holding company HSBC and a provider of agricultural science and technology Syngenta have successfully completed the transaction of an innovative letter of credit, using TradeLens’ digital bill of lading, which is underpinned by blockchain technology.
The fully digital end-to-end letter of credit transaction helped expedite trade documents from South Korea to Bangladesh, while agrichemical product was shipped between the two...
US importers using box ships to store cargo – cheaper than warehouses
The combination of congestion at US west coast ports and low interest rates is allowing US importers to use containerships as ‘offshore warehouses’, mitigating logistics costs.
According to freight visibility company project44, transit times from China to Los Angeles have nearly tripled, with freight taking up to 60 days to be cleared through LA and Long Beach ports – its data suggests an average of 540,255 teu per month was waiting …
The post US importers using box ships to store cargo –...
https://theloadstar.com/us-importers-using-box-ships-to-store-cargo-cheaper-than-warehouses/
GAC Qatar named country winner in Living Business programme
GAC Qatar named country winner in Living Business programme
USD 60,000 plan to recycle and reuse waste water recognised
Doha, Qatar, 16 December 2021 – GAC Qatar’s plan to recycle and re-use waste water from container cleaning at its inland container depot has earned it the country prize in the Living Business programme organised by Globally, Get in the Ring and HSBC.
The...
Payfare, Stride partner on real-time payments for gig workers
Food delivery drivers last week claimed a win in the ongoing gig economy battle between employers and their workers, who are often classified as independent contractors instead of employees and are deprived of the benefits that come with full employment. Last Thursday, the New York City Council approved a legislative package that, among other things, established a minimum payment per trip for delivery drivers. But for the more than 70% of gig workers living paycheck to paycheck, that money is...
https://www.freightwaves.com/news/payfare-stride-partner-on-real-time-payments-for-gig-workers
Global Supply Chain Week Days 6-8 preview: Maritime
While the theme of the final three days of FreightWaves’ eight-day virtual summit is global maritime logistics, the scope truly will cover the world of shipping, from containers on the ocean to cargo in the air and the geopolitical issues that cloud worldwide trade.
Getting goods from point A to point B when there are customs and international regulatory hurdles is an ever-evolving challenge, so expect to hear thought-provoking conversations on global logistics, importing and exporting,...
https://s29755.pcdn.co/news/global-supply-chain-week-days-6-8-preview:-maritime