Marcus Hand

Marcus Hand

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.

 

Singapore: Chinese shipbuilder JES International has asked the Singapore Exchange (SGX) for more time to release its annual results as delivery delays bite.

Bangkok: Regional Container Lines (RCL) plunged into the red in 2011 as continued overcapacity capped freight rates and rising bunker costs hit the company.

Kuala Lumpur: Global Carriers lowered its full year net loss as revenue rose from higher vessel utilisation and lower technical downtime.

Hong Kong: Marine fuels and logistics services provider Brightoil Petroleum rode on rising bunker fuel prices to post a 63.8% year-on-year jump in interim net profit and almost doubled its revenue.

Ulsan: Kuwait Oil Tanker Co (KOTC) has inked a deal to build four chemical tankers at Hyundai Mipo Dockyard.

Singapore: Mosvold Supply has cancelled the last of four AHTS newbuildings it ordered at Otto Marine’s Batamec shipyard.

Tauranga: The master and second officer of the Rena have plead guilty to all charges in the New Zealand courts.

Jakarta: Cash-strapped Indonesian shipowner Berlian Laju Tanker (BLT) has defaulted on six bond issues

Zhoushan: Cosco Corp’s yards have bagged newbuilding contracts for three bulkers and options for four more. Cosco (Zhoushan) has secured contracts for two 64,000 dwt bulkers and options for four more from an undisclosed shipbuilder. 

Tokyo: ClassNK has entered into an agreement with Indonesian classification society , Biro Klasifikasi Indonesia (Persero) (BKI), to deepen cooperation across a range of maritime sectors.

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