Search results for: CGX Energy

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  • 5 September 2016
    Business & Finance

    French container shipping giant CMA CGM has completed the exercise of its rights of compulsory acquisition of all the Neptune Orient Lines Limited (NOL) shares held by NOL shareholders. Namely, the company bought the remaining shares owned by NOL shareholders who had not accepted the all-cash voluntary conditional general offer, at a price per share […]

  • 18 July 2016
    Business & Finance

    French container carrier CMA CGM S.A. has reported that its all-cash voluntary unconditional general offer for Neptune Orient Lines Limited (NOL) closed on July 18, 2016, with CMA CGM now owning approximately 97.83% of NOL’s share capital. With the public float of NOL shares below the minimum threshold of 10%, the Singapore Exchange Securities Trading Limited (SGX-ST) […]

  • 8 December 2011
    Business & Finance

      In an effort to balance supply and demand during the forthcoming traditional period of weaker demand, Hamburg Süd and Maersk Line​ on the one hand and CMA-CGM, CSAV and CSCL on the other, have reached an agreement to combine their services between Asia, South Africa and the East Coast of South America as from […]

  • 11 July 2019

    China General Nuclear Power Corporation (CGN) has installed the first wind turbine on the 400MW CGN Yangjiang Nanpeng Island offshore wind farm. The installation of the first 5.5MW turbine off Guangdong Province in the South China Sea was completed on 27 June, CGN said. Also, 16 wind turbine jacket foundations have so far been installed […]

  • 7 November 2017

    French shipping company CMA CGM decided to equip nine of its newbuild 22,000 TEU containerships with engines running on liquefied natural gas (LNG). 

  • 28 June 2016
    Business & Finance

    French container shipping company CMA CGM S.A. has crossed the 90 percent ownership threshold in Neptune Orient Lines Limited (NOL) following its all-cash voluntary conditional general offer for NOL which was launched on June 6. The French giant now owns 2,361,044,044 shares representing 90.68 percent of NOL’s share capital. The company satisfied on 9 June the […]

  • 27 February 2012

    Fortune Oil confirmed that China Gas Group Limited, its Joint Venture with Mr. LIU Minghui, and Fortune Max Holdings Limited have together purchased 25,142,000 additional shares in China Gas Holdings Ltd since the announcement made on 17 February. Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu, a director and […]

  • 1 June 2012

    Fortune Oil said that Fortune Max Holdings has purchased 12,938,000 additional shares in China Gas Holdings. Fortune Max is a private company controlled and beneficially owned by Mr Daniel Chiu, a director and substantial shareholder in Fortune Oil. Fortune Max is therefore deemed for the purposes of the Hong Kong Code on Takeovers and Mergers […]

  • 15 January 2014
    Business & Finance

    APL, Maersk and OOCL yesterday announced a new cooperation on three existing Far East to Indian Subcontinent services, starting in February 2014. In a Slot Sharing Agreement that also includes partners CMA CGM, Emirates Shipping Line, Hamburg Süd and Regional Container Lines, 18 vessels with a total capacity of about 17,500 TEU will be deployed […]

  • 5 September 2016
    Business & Finance

    French container shipping company CMA CGM has decided to postpone the delivery of certain vessels until 2017 and reduce its capital expenditure commitment as part of its plan to improve operating performance, which includes a programme to reduce costs by USD 1 billion over the next 18 months. The company said that these plans are structured around the […]

  • 1 February 2012
    Business & Finance

    As part of this agreement with CSCL and UASC, CMA CGM announces the reorganisation of its CIMEX 1 service on the Asia-Middle East market as from February 2nd 2012. The new CIMEX 1 service will be operated jointly by CMA CGM, CSCL and UASC with 7 vessels of a capacity ranging from 12,500 to 14,400 […]

  • 8 November 2018
    Business & Finance

    Matson is to equip three vessels with scrubbers as it prepares for the IMO 2020 fuel requirement regulation.

  • 30 September 2020
    IT & Software, Safety, Technology

    French liner major CMA CGM said that all communications to and from the group were secure following the cyber attack the firm suffered on Monday. These include emails, transmitted files, and electronic data interfaces. “Maritime and port operations are functioning as per usual. The booking functionalities remain up and running,” the company added. Following the […]

  • 11 February 2020
    Business & Finance

    CMA CGM said it would contribute its industrial expertise to the floating lab.

  • 18 October 2018
    Operations & Maintenance, Project & Tenders

    Van Oord has been awarded a contract to carry out offshore installation works for Husky Energy’s West White Rose Project of the east coast of Newfoundland, Canada. The West White Rose Project will be developed by means of a fixed oil drilling platform consisting of a Concrete Gravity Structure (CGS) supporting an integrated drilling and […]

  • 14 October 2020
    Business & Finance, Business developments & projects, Infrastructure, IT & Software, Vessels

    The 23,000 TEU CMA CGM Jacques Saade, the world’s largest LNG-powered containership, has set a world record for the number of full containers loaded on a single vessel.

  • 11 August 2020
    Authorities & Government

    Germany’s customs and police officers have seized around 1.5 tonnes of cocaine discovered on board a container vessel at the Port of Hamburg, a spokesperson for the Customs Office in Hamburg confirmed to Offshore Energy.

  • 13 November 2017
    Business & Finance

    CGG recorded a net loss of $124.4 million for 3Q 2017 on revenues of $320 million amid its financial restructuring process. 

  • 4 December 2019
    Project & Tenders, Vessels

    French energy major Total and compatriot shipping company CMA CGM have signed an agreement for the supply of approximately 270,000 tonnes of LNG per year over ten years.

  • 4 December 2019
    Business & Finance

    CMA CGM has chosen the port of Marseille-Fos for the bunkering of the company’s future 15,000 TEU vessels. 

  • 18 October 2018
    Project & Tenders

    Canadian oil company Husky Energy has selected Dutch offshore and dredging services specialist Van Oord to do offshore installation works at the West White Rose development Project of the east coast of Newfoundland, Canada.

  • 14 May 2019

    The survey is being carried out in the north-central region of the Gulf of Mexico.