Editor, Seatrade Maritime News
Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with nearly two decades of experience covering the shipping industry in Asia. In addition to running Seatrade's maritime and offshore news website based from Singapore he is the Asia Editor of Seatrade Maritime Review.
Marcus is also an experienced industry commentator and has chaired many conferences and roundtables. Prior to joining Seatrade at the beginning of 2010 Marcus worked for shipping industry journal Lloyd's List for a decade and previous to that the Singapore Business Times covering shipping and aviation.
Malaysian offshore vessel builder and owner Nam Cheong is the latest Singapore-listed offshore firm to seek restructuring.
The diversified BW Group has had an active last year or so including a foray into the dry bulk market with BW Dry, acquiring Aurora Tankers in the gas carriers sector, and a major VLCC deal with DHT Holdings. “For the past 12 months there’s been a lot of progress on most fronts in the group,” Andreas Sohmen-Pao, chairman of BW tells Seatrade Maritime.
Navios Maritime Partners has snapped up the fleet of 14 containerships owned by bankrupt Rickmers Maritime for $113m.
Despite a legal challenge from John Fredriksen’s Frontline DHT Holdings has taken delivery of its first of 11 VLCCs from BW Group.
Bertram Rickmers is ready to give up 75.1% of his ownership of Rickmers Group under a proposed restructuring.
The Singapore Maritime Foundation (SMF) and Seatrade are launching a first-of-its-kind Lego competition for tertiary students at Sea Asia 2017 as part of an initiative to give students pursuing a maritime-related education greater industry insight and exposure to the industry.