Hong Kong Export Credit Insurance Corporation

Axton Global Signs Strategic Partnership with Howden - Largest European Insurance Broker

Retrieved on: 
Monday, June 12, 2023

Hong Kong, Hong Kong--(Newsfile Corp. - June 12, 2023) - Axton Global , an international provider of trade finance solutions and credit insurance services, is pleased to announce a strategic partnership with Howden Broking, the largest insurance broker in Europe.

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - June 12, 2023) - Axton Global , an international provider of trade finance solutions and credit insurance services, is pleased to announce a strategic partnership with Howden Broking, the largest insurance broker in Europe.
  • "We believe that combining our expertise in the Chinese credit insurance market with Howden's market knowledge and client network will unlock tremendous opportunities for both companies," said George Adler, Founding Partner of Axton Global.
  • "This partnership marks an important milestone in our strategy to build a robust partnership ecosystem with major players in the credit insurance market worldwide.
  • With offices in Hong Kong, Shanghai, London, Lisbon, and Dubai, Axton Global has established a global presence and serves clients across a wide range of industries.

Biodiversity should be at the heart of global financial reform and the IMF can lead the way, Avaaz shows in policy papers

Retrieved on: 
Thursday, April 13, 2023

Realizing the importance of Argentina’s biodiversity is central in these proposals: Argentina is a financial debtor, but an ecological creditor to the world.

Key Points: 
  • Realizing the importance of Argentina’s biodiversity is central in these proposals: Argentina is a financial debtor, but an ecological creditor to the world.
  • Avaaz suggests that Argentina develops debt-for-nature and debt-for-climate swaps (with a mechanism relying on sustainable bonds – see report for details).
  • But debt swapping is just but one mechanism that the IMF can use to jointly address the debt and ecological crises.
  • The institution has only recently developed initiatives on climate but has taken even more time to respond on biodiversity.

Axton Global Launches Operations in Brazil

Retrieved on: 
Monday, March 13, 2023

Hong Kong, China--(Newsfile Corp. - March 13, 2023) - Axton Global , a leading provider of trade finance solutions and credit insurance services, is pleased to announce the launch of its operations in Brazil.

Key Points: 
  • Hong Kong, China--(Newsfile Corp. - March 13, 2023) - Axton Global , a leading provider of trade finance solutions and credit insurance services, is pleased to announce the launch of its operations in Brazil.
  • Brazil has always been a targeted market for Axton Global, and the company has been serving Brazilian customers for a long time.
  • "As a company that specializes in trade finance solutions for companies importing goods from China, launching our operations in Brazil is an important step for us," said Jack Connell, Managing Partner of Axton Global.
  • With offices in Hong Kong, Shanghai, London, Lisbon and Dubai, Axton Global has a global presence and serves clients across industries.

Investigation and analysis of the three major challenges and advantages of developing business in the GBA

Retrieved on: 
Tuesday, December 6, 2022

Riding on the development of the GBA, we will continue to support Hong Kong companies to seize the opportunities offered through the dual circulation strategy that can help them develop their business in the Mainland market."

Key Points: 
  • Riding on the development of the GBA, we will continue to support Hong Kong companies to seize the opportunities offered through the dual circulation strategy that can help them develop their business in the Mainland market."
  • There are also a number of Hong Kong companies which buy credit insurance (14.0%) either directly in Hong Kong or through banks in Hong Kong.
  • As such, Hong Kong companies should formulate the right business strategy targeting the domestic market as part of their plan to develop the GBA market.
  • The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the the Mainland and international markets.

SBM Offshore Third Quarter Trading Update

Retrieved on: 
Thursday, November 11, 2021

On October 20, 2021, China Export and Credit Insurance Corporation (Sinosure) and SBM Offshore signed a Framework Agreement.

Key Points: 
  • On October 20, 2021, China Export and Credit Insurance Corporation (Sinosure) and SBM Offshore signed a Framework Agreement.
  • SBM Offshore has scheduled a conference call, which will be followed by a Q&A session, to discuss the Third Quarter 2021 Trading Update.
  • SBM Offshore N.V. is a listed holding company headquartered in Amsterdam, the Netherlands.
  • Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies SBM Offshore or the Company are sometimes used for convenience.

SBM Offshore completes US$1.6 billion financing of Sepetiba

Retrieved on: 
Thursday, September 16, 2021

SBM Offshore is pleased to announce it has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing in the Companys history.

Key Points: 
  • SBM Offshore is pleased to announce it has completed the project financing of FPSO Sepetiba for a total of US1.6 billion, which is the largest project financing in the Companys history.
  • FPSO Sepetiba is owned and operated by a special purpose company owned by affiliated companies of SBM Offshore (64.5%) and its partners (35.5%).
  • FPSO Sepetiba will be deployed at the Mero field in the Santos Basin offshore Brazil, 180 kilometers offshore Rio de Janeiro.
  • Where references are made to SBM Offshore N.V. and /or its subsidiaries in general, or where no useful purpose is served by identifying the particular company or companies SBM Offshore or the Company are sometimes used for convenience.