Search results for: P-3

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A list of search results

  • 17 June 2014
    Business & Finance

    The Ministry of Commerce (MOFCOM) of the People’s Republic of China denied support to the P3 Network, proposed by Mærsk A/S (Maersk Line)  together with MSC Mediterranean Shipping Company S.A. and CMA CGM S.A. The MOFCOM’s decision follows a review under China’s merger control rules. “The Partners take note of and respect MOFCOM’s decision. Subsequently, the […]

  • 21 March 2014
    Business & Finance

    The Federal Maritime Commission of the United States has concluded an extensive review of the proposed P3 Network Vessel Sharing Agreement, FMC Agreement No. 012230. The pending agreement between A. P. Moller-Maersk A/S, CMA CGM S.A., and MSC Mediterranean Shipping Company, S.A. would authorize the parties to share vessels and engage in related cooperative operating […]

  • 14 November 2013
    Business & Finance

    Incat Crowther announced the launch and delivery of BS Maresias. Built by Arpoador Engenharia Ltda, BS Maresias is the first of three 45m Monohull Crew Boats meeting the specifications of the Petrobras P3-type crew boat for service in the Brazilian offshore oil fields. The vessel’s design features a large aft main cargo deck optimized for […]

  • 21 May 2014
    Business & Finance

    CMA CGM, one of the world’s largest container shipping companies, today announced that the start of P3 alliance has been pushed back until autumn 2014. In 18 June 2013, CMA CGM, Maersk Line and MSC announced the P3 Network (P3) cooperation with the intention to start operations by mid-2014. P3 is subject to the receipt […]

  • 9 December 2013

    Recently the Federal Maritime Commission voted to approve a request for additional information from the parties to the proposed P3 Network Vessel Sharing Agreement, FMC Agreement No. 012230. This request for additional information delays the effectiveness of the proposed agreement. After the parties have submitted the requested information and documents, a new 45-day regulatory review […]

  • 21 November 2018
    Business & Finance, Equipment, Research & Development

    Underwater positioning and communications technology provider Sonardyne has initiated a collaborative project for long-endurance autonomous underwater vehicles (AUVs). The ambition of the Innovate UK-supported Precise Positioning for Persistent AUVs (P3AUV) project is to enable AUVs to operate at high levels of navigation performance with less surface support and for longer periods. With partners L3 ASV […]

  • 4 July 2013
    Business & Finance

    The recent decision of Maersk Line, MSC and CMA CGM to form a mammoth vessel sharing alliance in the three major east-west trades has stirred up shippers, but the port sector must be equally concerned. As announced last week, Maersk Line, MSC and CMA CGM intend to share vessels in the Asia-Europe, Transpacific and Transatlantic […]

  • 20 June 2014
    Business & Finance

    Pulling the plug on the plans to set up an operational alliance between the world’s three biggest container shipping groups (Maersk, Mediterranean Shipping Company and CMA-CGM), the so called P3 Network,  by Chinese regulators was caused by legal uncertainties, the Global Shippers’ Forum (GSF) claims. The group had hoped to form the so-called P3 Alliance […]

  • 4 June 2014
    Business & Finance

    The European Commission today informed the P3 partners that the Commission will not open proceedings in connection with P3 Network. On 24 March 2014, the U.S. Federal Maritime Commission (FMC) decided to allow the P3 Network – the long-term operational vessel sharing agreement proposed by CMA CGM, MSC and Maersk Line – agreement to become effective […]

  • 11 July 2014
    Business & Finance

    The Vessel Sharing Agreement (VSA) between MSC and Maersk, announced yesterday, is less worrying for shippers than the planned P3, said the European Shippers’ Council (ESC), representing the freight transport interests (by all modes of transport) of business in Europe. According to ESC,  previous cooperation was more integrated and had huge market share on all […]

  • 19 March 2014
    Business & Finance

    The Global Shippers’ Forum (GSF) has called on international regulators to fully investigate the impact on price and service of the P3, and to make appropriate changes to ease competition concerns. At its third annual meeting in Los Angeles, USA, GSF urged the US Federal Maritime Commission and the European Commission competition authorities to adopt […]

  • 13 March 2012
    Business & Finance

    Rialto Energy Limited, the exploration, appraisal and development company with operated assets offshore Cote D’Ivoire, West Africa,  announces the start of drilling of the Gazelle-P3 production well on the CI-202 block. Rialto is Operator of the Block with an 85% working interest. The Gazelle-P3 well was spudded on 12 th March 2012 using the Transocean […]

  • 24 March 2014
    Business & Finance

    The Royal Australian Air Force P3 Orion located two objects about 2500 kilometers south-west of Perth in a search mission for lost Flight MH370. Yesterday China provided a satellite image to Australia possibly showing a 22.5 meter floating object in the southern Indian Ocean. The P3 Orion crew reported seeing two objects – the first […]

  • 21 September 2018

    Philadelphia Gas Works submitted details of its proposed public-private partnership (P3) project with Passyunk Energy Center to the Philadelphia Gas Commission for review.

  • 9 October 2014
    Business & Finance

    The U.S. Federal Maritime Commission (FMC) has approved the planned 2M vessel sharing agreement between Denmark’s Maersk Line and Swiss Mediterranean Shipping Co (MSC), the world’s two largest container shippers, Reuters reports. The U.S. approval is reportedly to become effective on Saturday, October 11. Four out of five commissioners at the FMC voted not to ask for additional […]

  • 5 November 2014

    U.S. Customs and Border Protection Office of Air and Marine agents aboard a P-3 Orion aircraft assisted in the interdiction and seizure of more than 679 pounds of cocaine on October 25. The estimated street value of the narcotics is USD 9,2 million. The aircrew alerted Nicaraguan authorities to intercept a suspicious go-fast vessel in the […]

  • 18 June 2013
    Business & Finance

    CMA CGM, Maersk Line and MSC Mediterranean Shipping Company SA have agreed to establish a long-term operational alliance on East – West trades, called the P3 Network. The aim is to improve and optimize operations and service offerings. The P3 Network will operate a capacity of 2.6 million TEU (initially 255 vessels on 29 loops) […]

  • 12 July 2012
    Business & Finance

    Rialto provides the following update on the drill stem testing of the Gazelle-P3 ST2 well announced on 25 June 2012. Following the successful completion of wireline logs, vertical seismic profiling and sidewall coring operations on the Gazelle-P3 ST2 well, the drill stem testing programme has commenced. The programme involves the perforating of the Upper Cenomanian […]

  • 18 July 2012
    Business & Finance, Project & Tenders

    Rialto announces the completion of drill stem testing (“DST”) of the Gazelle-P3 ST2 well (“ST2 well”), achieving maximum flow rates of 19.5mmscfd gas and an unstabilised rate of 760 bopd from separate sands within the Upper Cenomanian (UC-1) reservoir. The maximum gas flow rate was constrained due to downhole equipment limitations. The estimated deliverability of […]

  • 2 August 2012

    Rialto Energy Limited provides a weekly update on drilling operations at the Gazelle-P4 Development Well, offshore Côte D’Ivoire as at 10:00hrs, 31 July 2012 (GMT). Since the last week’s spudding, the well has been drilled to 538m MDRT.  Current operations are drilling ahead to the 20″ casing point at 550m MDRT. The company expects to […]

  • 1 June 2012
    Business & Finance

    Rialto has commenced a sidetrack (the Gazelle-P3 ST2 well) to optimise the recently drilled Gazelle-P3 ST well in order to underpin the oil and gas development of the Gazelle Field. Following planned testing in the Upper Cenomanian-1 reservoir (UC-1), the Gazelle-P3 ST2 well is intended to be suspended as a future producer. The sidetrack operation […]

  • 30 May 2012
    Business & Finance

    Rialto Energy Limited provides a weekly update on drilling operations at the Gazelle-P3 ST Well, Offshore Côte D’Ivoire which includes a summary of the operational results following completion of logging operations, and planned next steps. The Gazelle-P3 well was spudded on 12 March 2012 using the Transocean GSF Monitor jack-up drilling rig. The well is […]