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.
Hong Kong: China Shipping Development Company (CSDC) slumped to a RMB495.4m loss in the first half as revenue fell to RMB5.61bn on losses in all business segments except iron ore shipping, which saw a profit of RMB106.4m.
Singapore: Floatel has contracted for a fourth accommodation semi-submersible at Keppel FELS for $315m, confirming a letter of intent signed in March.
Hong Kong: Shipbuilder China Rongsheng Heavy Industries Group's struggle to get new orders while also being stuck with completed vessels took its toll on its first half bottomline as it warned last month.
Hong Kong: Shipbuilder China Rongsheng, which releases first half results later today, is pulling the plug on its acquisition plans for Chinese diesel-engine maker Quanchai Group.
The Maritime Labour Convention (MLC) will come into force in year’s time after the Philippines and Russia completed ratification on Monday.
Hong Kong: Aegean Marine Petroleum has setting physical bunker fuel supply operations in Hong Kong.