Maritime Banking

Friday, 01 December 2023

Latest News for: Maritime banking

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Ukraine's central bank to remove foreign currency cash sale limits - governor

Reuters 01 Dec 2023

KYIV, Dec 1 (Reuters) - Ukraine's central bank will remove limits on banks' sale of foreign cash currency and soften several other restrictions from Friday, Governor Andriy Pyshnyi said ... The central bank chief also announced the loosening of restrictions for Ukrainians to send money abroad for healthcare and education purposes.

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Six in 10 investors considering divestment from maritime sector amid ESG concerns

Splash24/7 30 Nov 2023

Sustainability and communications consultancy Woodrow has published a report showing that 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector due to ESG risks ... Perceptions differ according to the type of financial institution and its exposure to maritime assets.

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Woodrow: ESG concerns drive 60% of investors to consider divestment from maritime sector

SAFETY4SEA 30 Nov 2023

Sustainability and communications consultancy Woodrow has published a report showing that 64% of senior finance professionals in the UK are contemplating reducing their investment in the maritime sector because of Environmental, Social, and Governance (ESG) risks ... Navigating ESG risks in the maritime sector.

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Africa urges a spotlight on climate finance as the world heads to Conference of the Parties (COP28)

Business Ghana 30 Nov 2023

The African Development Bank (www.AfDB.org) will mobilize financing for climate action at this year’s UN Climate Change Conference, COP28, and amplify Africa’s calls for robust commitments by wealthy countries to meet the continent’s urgent needs in addressing climate change.

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CAN AFREXIMBANK EFFECTIVELY CONNECT AFRICAN MARKETS?

This Day 29 Nov 2023

For delivery, it is important to note that over 90 percent of global trade is maritime based according to the World Bank, hence the importance of shipping for trade in Africa ... The proposed Shipping Line will be managed by an experienced maritime management team, in accordance with private sector leanings, and no government interference.

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Business notes for the week of Nov. 27

Daily Press 27 Nov 2023

admiralty and maritime law; banking and finance law; bankruptcy and creditor debtor rights/insolvency and reorganization law; business organizations; closely held companies and family businesses law; commercial litigation; construction law; corporate and corporate governance law; ...

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Limassol firm innovates sustainable shipping

CyprusMail 25 Nov 2023

Philis is deeply committed to fostering innovation, drawing from his tenure at Barclays Investment Bank to steer KeelX and Lemissoler towards a future where innovation and sustainability intertwine within the maritime industry ... Navigating the seas of maritime innovation ... A Maritime Renaissance ... Startups and the Youth Reshaping the Maritime Industry.

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Africa International Trade Needs to Change to Industrial Inputs, Consumer Products

This Day 25 Nov 2023

For the peculiar nature of the maritime and shipping sector, the funding must be appropriate and adequate to be effective and deliver the required outcome ... The ongoing initiative and effort to establish a Regional Maritime Bank in Africa should be generally encouraged and supported by governments and business leaders in the region.”.

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A roadmap for the future of Palestine

Al Jazeera 23 Nov 2023

Such a strategy must not only thwart Israel’s well-defined and openly discussed plan to ethnically cleanse Gaza and detach it from the Palestinian homeland, but also respond to Israeli efforts to displace Palestinians in the West Bank and Israel itself.Keep reading.

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Incredible hulks! Fascinating pictures show one of Britain

The Daily Mail 20 Nov 2023

Pictures here show some of the 86 steel barges, concrete ships, and wooden cargo boats that were deliberately beached on the bank of the river to help prevent erosion and protect the adjacent canal - and that now form 'the largest assembly of maritime artefacts on the foreshore of mainland Britain', according to Friends of Purton.

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Yemen rebels seize vessel owned by Israeli businessman

Urdu Point 20 Nov 2023

"We were notified from Galaxy Maritime in the UK that Galaxy Leader, a car carrier we charter from the company, had been captured" while sailing near the coast of Hodeida ... A Yemeni maritime source said the Huthis had "seized a commercial vessel" and took it to the port of Salif in the coastal city of Hodeida, which the rebels control.

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Houthis say seized vessel owned by Israeli businessman

The New Arab 20 Nov 2023

Maritime security company Ambrey said "the vehicles carrier's group owner is listed as Ray Car Carriers", whose parent company belongs to Abraham "Rami" Ungar, an Israeli businessman ... A Yemeni maritime source said the Houthis had "seized a commercial vessel" and took it to the port of Salif in the coastal city of Hodeida, which the rebels control.

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Yemen rebels say they seized Israeli vessel, Israel denies

Manila Bulletin 20 Nov 2023

Huthi "military forces will continue to carry out military operations against the Israeli enemy until the aggression against Gaza stops and the ugly crimesagainst our Palestinian brothers in Gaza and the West Bank stop", Saree said. A Yemeni maritime source said the Huthis "seized ...

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Pinoys on board ship in Red Sea seized by Huthis

Manila Standard 20 Nov 2023

Huthi “forces will continue to carry out military operations against the Israeli enemy until the aggression against Gaza stops and the ugly crimes against our Palestinian brothers in Gaza and the West Bank stop,” Saree said. A Yemeni maritime source said the Huthis had “seized a ...

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