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.
Container line ZIM has invested in an e-commerce platform Ladingo which offers a shipping solution to international customers buying large and bulky items.
In the medium term shipping should expect disruption in demand across a broad swathe of markets due to shifts in energy and consumer goods production.
With just a small percentage of ships fitting scrubbers owners are warned they will need secure availability of high sulphur fuel oil (HFO) in 2020 as the supply chain will be geared to delivering compliant low sulphur fuel oil (LFSO).
Higher fuel costs hit Regional Container Lines (RCL) last year dragging the company into the red.
The world’s third largest container line CMA CGM is continuing to hedge its bets on complying with the IMO 2020 sulphur cap with it reported to be opting for a mix of LNG propulsion and scrubbers on 10 newbuildings.
Owner of the world’s largest container line AP Moller – Maersk released its annual results on Thursday talking about an accelerated transformation, however, more than two years into a huge restructuring exercise the group remained in the red for 2018.
Maersk Drilling is to be demerged from parent AP Moller – Maersk and separately listed on Nasdaq Copenhagen.
The Sri Lanka Ports Authority (SLPA) is partnering with Ironman 70.3 for its second long distance triathlon to be held in the Sri Lankan capital Colombo.
Greek containership owner Euroseas plans to burn low sulphur fuels to comply with the IMO 2020 0.5% sulphur cap.