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Based out of Singapore, Hadhi heads the team in Asia and drives the ever-growing news and markets coverage for the region. The explosion in news on Hanjin container lines after it filed for receivership in August 2016 thrust him into the headwinds facing the container shipping industry almost immediately after joining – a beat that he last covered with Dow Jones Newswires more than a decade back when the main topic was Neptune Orient Lines buying APL. That story has since moved to NOL being bought by CMA CGM.
More recently, he has been covering energy and commodities such as coal, LPG and petrochemicals. In those roles, he launched several price indexes for thermal and coking coal as well as petroleum coke which are currently industry benchmarks, and understands the key role freight rates play in the dry bulk market in determining the final prices of raw materials such as coal and iron ore. He hopes to bring that knowledge to enhance our coverage of the dry bulk market.
Prior to energy and commodities, he was a financial journalist with international newswires and leading domestic newspapers focusing on corporate and economic coverage ranging from real estate and banks to aviation and shipping, with a weekly slot on technical analysis on listed stocks with CNBC.
Hadhi began his career as a courts and crime reporter with Singapore Press Holdings in the relatively crime-free city-state but quickly moved on to the busier financial industry. He holds an MBA from Hull and BA Honours in History from National University of Singapore.
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Latest From Abdul Hadhi
The owner has agreed to buy five ships which are expected to be delivered in the third quarter and has options to buy four more ships. When the five vessels are delivered in the third quarter, Navios Containers will control 30 vessels totaling 166,388 teu with an average age of 9.8 years
China’s imports of crude oil and LNG are poised to grow amid growing domestic demand and diversifying import sources is likely to lead to more competitive prices for the buyer
Under the agreement, GAC will provide agency and husbandry services for about 210 calls annually
Chairman Nigel Hill said “Simon and his wife have decided that the time has come to them to leave Hong Kong and return home to be with their daughters and ageing parents”.
A Ernst & Young and Andhra Pradesh Chamber of Commerce and Industry Federation report estimates the development of industrial zones within the primary hinterland of ports in India can cut average inland logistics costs by up to 68%, or between Rs14,000 per teu and Rs44,000 per teu.