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.
While the sulphur cap is still very much the issue of the day Martin Stopford, president of Clarkson Research Services, says the industry needs to start thinking now how it will meet the IMO's goal of a 50% reduction in CO2 emissions by 2050.
Asian shipping and logistics executives are not overly concerned about the impact of the US and China trade war and see a shift in trade patterns.
Beleaguered commodities and shipping giant Noble Group is being jointly investigated by the Commercial Affairs Department (CAD) of the Singapore Police Force (SPF), the Monetary Authority of Singapore (MAS) and the Accounting and Corporate Regulatory Authority (ACRA) for on suspicision of issuing false and misleading statements and breaches of disclosures under the securities act.
Wages for officers have stagnated over the last decade rising by 1% annually since 2008, and increases look set to remain modest in coming years.
Tan Beng Tee, assistant chief executive of the Maritime & Port Authority of Singapore (MPA), has been conferred Honorary Fellowship of the Institute of Chartered Shipbrokers (ICS).
Fuel tester Veritas Petroleum Services (VPS) is not expecting major problems with compliant 0.5% low sulphur fuel oil set to be used to meet the IMO’s 2020 sulphur cap.
Japanese shipowner NYK has released a concept design for a zero emission car carrier.
A consortium comprising Bollore Africa Logistics and PowerChina International Group has been chosen as the preferred bidder for the Ibom Deep Seaport Project (IDSP) in Nigeria.
Feeder vessel owner MPC Container Ships has lined up a major potential scrubber orders for the majority of its fleet.