Oil Search Q1 revenue drops 20% to $359m; Singapore adds Minerva Bunkering and TFG Marine to list of licensed bunker suppliers; Tradewind Finance announces flexible financing amid Covid-19 pandemic

In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:

• Tradewind Finance has announced it is offering more flexible financing solutions to address the economic and operational upheaval businesses face during the COVID-19 pandemic.

• Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder Oil Search reported Q1 revenue of $359.4 million - 20% below the $446.7 million in the same period last year;

• Mercuria’s Minerva Bunkering and Trafigura’s TFG Marine have been awarded new bunker supplier licences by Maritime and Port Authority of Singapore, home the world’s top marine refuelling hub

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