2018 was a catalyst for technological innovation in the trade and receivables space, which in turn, has helped enhance and facilitate global trade..
For banks, corporates and SMEs involved in complex supply chains, building innovative technologies and allowing interoperability between different parties will continue to be a force for good in terms of trade..
TFG commend the innovators, market makers and visionaries leading innovation in global trade, be that through distributed ledger technologies, APIs or the digitalisation of documents..
A.P. Moller – Maersk is amongst some of the many organisations recognised and commended for their contribution to the trade sector at the 2019 International Trade Finance Awards..
Maersk has been awarded “Best Shipping Company” by Trade Finance Global (TFG) for its work with Maersk Trade Finance product..
Throughout 2018 Maersk reached several successful milestones such as successfully completing the separation of its energy businesses, integrating Hamburg Süd as well as being the first container shipping company to launch instant booking confirmation..
These steps are further contributing to Maersk’s vision of becoming a global integrator of container logistics offering seamless, flexible and scalable services to customers across their global supply chain..
Deepesh Patel, Head of Marketing at Trade Finance Global said: “We commend Maersk’s approach to innovative finance solutions to its customers, extending credit facilities to numerous providers and cross-selling beyond its core offering.
“Following on from this success, Maersk recently expanded its trade finance offering to include customs brokerage, to facilitate communication between government authorities and the importers and exporters,” he added..
Vipul Sardana, Global Head of Maersk Trade Finance, said: “It is an honour to be recognized at the International trade finance awards for all the benefits that Maersk Trade Finance brings to global trade.
It is a recognition from the industry that we are on the right track and are continuously re-inventing ourselves to build a purpose-driven organization.”
He said: “Access to capital, remains to be one of the largest obstacles to the growth of trade and there is still a lot that needs to be done.
With Maersk Trade Finance we are helping SMEs with finance when they need it the most and thus enabling them better access to global trade.
We thank the panel for their consideration and reinforce our commitment on staying the course.”
The winners for the Trade Finance Global 2019 Excellence Awards were announced this morning, as follows:
Best Trade Technology and Innovation Category
Innovator in Global Trade – ICC Banking Commission
Best Shipping Company – A. P. Moller – Maersk
Best Treasury Management Platform – Kyriba
Best Trade Finance Software Provider – HPD Software
Best Trade Technology Company – Export Enterprises
For more information on the Awards and interviews with the winners, please visit https://www.tradefinanceglobal.com/services/international-trade-finance-awards-2019/#mae.
ABOUT TRADE FINANCE GLOBAL
TFG are experts in structured trade finance, helping companies to trade, import or export goods and services.
We have a network of over 270 banks, funds and alternative lenders across different geographies, allowing us to help almost any trading company to access finance.
About A. P. Moller – Maersk
A.P. Moller – Maersk is an integrated container logistics company working to connect and simplify its customers’ supply chains. As the global leader in shipping services, we operate in 130 countries and employ roughly 76,000 people. Our mission is to enable and facilitate global supply chains and provide opportunities for our customers to trade globally.