Wed, 17 Jun 2020 21:00:58 +0000
We look at the disruption caused by the COVID-19 pandemic across commodity markets globally and how this is impacting financing arrangements including ‘MAC’ clauses, financial covenants, ‘corona clauses’, events of default and force majeure as well as recent guidance from the International Chamber of Commerce (ICC) on electronic trade documentation and flexibilities under the ICC …
Full article: https://www.hellenicshippingnews.com/covid-19-and-commodity-trade-finance-the-way-forward/