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Trade Finance Magazine wins publishing award

23 July 2010

Trade Finance Magazine has won the Specialised Information Publishers Association’s (SIPA) Product of the Year prize.

Read more: [Specialised Information Publishers Association] [SIPA Product of the Year prize] [2010 SIPA annual awards]

Trade Finance Magazine has won first prize in the Specialised Information Publishers Association’s (SIPA) Product of the Year category for its news website. The magazine picked up the award at the 2010 SIPA annual awards ceremony in London.

Trade Finance Magazine is the leading market intelligence provider for export and commodity finance and brings the latest news across the trade and supply chain sector.

The magazine beat stiff competition from rival publishing houses including Informa, Incisive Media and Emap.

The judges praised the magazine’s website in particular highlighting its consistently accurate and interesting content.

Oliver O'Connell, editor of Trade Finance, comments: "Being recognised by the industry in this way is truly an honour. It is rewarding for us to see that not only are we now known for our high quality editorial coverage, breaking news and analysis, but also for the way in which we deliver that service to the market. The editorial team has excellent support from our colleagues in Euromoney's web development and marketing teams, and it was through close cooperation with them that we were able to roll out such a comprehensive online service to supplement the print publication. This helps ensure that Trade Finance continues to be at the top of its game."


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Poll

Will Russia’s recent ban on grain exports result in a significant rise in private risk insurance claims from grain traders unable to fulfil their contracts?

Yes – there will be more claims. The government’s actions allow traders, with PRI cover, to make claims through contract frustration.
8%
No - the majority of Russia’s wheat production, some 70%-80%, is used for domestic consumption so the contracts represent only a small portion of the total wheat market, limiting the amount of potential claims.
23%
No - traders had a week’s notice before the ban allowing them to secure alternative supplies to fulfil contracts stated as optional origin.
23%
Maybe - but claims are likely to be limited to traders dealing in soft wheat whose contracts demand they source wheat only from Russia.
46%

Quote

From a Brazilian perspective a lot of work still needs to be done in getting foreign lenders more comfortable to finance the second-tier players again.

Ian Henderson, Texel Capital - Brazil: Agri-sector bounces back - Trade Finance July/August 2010