3679 results found for 'cgx'

3679 results found for 'cgx'
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  • Eidesvik Sells European Supporter

    18 September 2015
    Business & Finance, Equipment, Project & Tenders

    Eidesvik Offshore has inked a deal for the sale of the European Supporter to an undisclosed buyer. According to the company, the deposit has been lodged and the delivery will take place in October 2015. Eidesvik will book a gain on the sale of approximately NOK 100 million ($12.4 million) in the fourth quarter 2015. Built in 1996 […]

  • Port of Dunkirk Sets Box Volume Record

    13 January 2017

    French Port of Dunkirk posted a new record in annual container volumes, handling 341,041 TEU in 2016, an increase of 7 percent compared to the previous year. The rise is primarily attributed to “the support of leading regional shippers and the shipping company CMA CGM.” Full containers alone rose by 7 percent to 221,196 TEU, […]

  • EnerMech buys E&I company with LNG experience

    18 January 2017
    Project & Tenders

    Aberdeen-based engineering services company EnerMech said it has acquired EPS Group in Australia and the Americas.

  • APL to Operate Port of Kaohsiung Terminal for 10 More Years

    17 October 2017
    Business & Finance

    American President Lines (APL) has signed an agreement with Taiwan Branch and Taiwan International Ports Corporation to renew its terminal lease at Taiwan’s Port of Kaohsiung. The signed deal retains APL’s current terminal plot in the Kaohsiung port for another 10 years from January 1, 2018 to December 31, 2027. “Today, Intra-Asia container volume accounts for one-sixth of […]

  • TOYO Secures Contract to Install Topsides Units on FPSO OSX 3 (Brazil)

    26 April 2012
    Business & Finance

    MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation and MODEC, Inc. established in Singapore, has been awarded a contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system by MODEC’s Singaporean subsidiary, MODEC Offshore Production Systems (Singapore) Pte. Ltd. The FPSO will […]

  • HMM Sets Up Ultra-Freezer Service

    25 January 2018
    Business & Finance

    Hyundai Merchant Marine (HMM) has started its first ‘Ultra-Freezer’ service from Busan, Korea, to Barcelona, Spain.

  • European Shipbuilding Companies to Showcase Their Capabilities at SMM 2012

    13 April 2012

    Preparations are in full swing for SMM 2012, the world’s leading maritime industry trade fair, at the Hamburg Fair site from 4 to 7 September. Meanwhile, the European shipbuilding industry is coming under pressure – in 2011 the number of deliveries related to tonnage exceeded the number of new orders for the fourth year in […]

  • Subsea in November

    1 December 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The first week of November was highlighted by the news about Fugro’s new round of layoffs, this time by some 500 employees. French seismic player CGG also announced major global downsizing by approximately 930 […]

  • Danish Ship Finance: Shipyards Could Be Left without Orders by 2017

    18 May 2016

    It is essential that new orders are placed within the next three to six months for the yard industry to fill up its orderbooks for 2017, according to Danish Ship Finance. The orderbook is rapidly approaching the low levels seen at the start of 2013, but 2016 looks to be a reasonable year for shipbuilding based solely on the amount of […]

  • Green Ships: Important Task for Bankers and Shipowners

    3 September 2012

    Funding and operating “green” ships which can be used worldwide without restrictions is a very important task for bankers and shipowners today, as the internationally applicable environmental regulations for the shipbuilding and shipping industry have become more and more stringent in recent years. That was the view of Dr. Uwe-Carsten Wiebers, Global Head Maritime Industries […]

  • BIO-SEA Ballast Water Treatment Type-Approved, France

    28 February 2013

    The European UV water treatment specialist, BIO-UV, is now Type-approved for its BIO-SEA® Ballast Water Treatment. BIO-UV went well beyond the International Maritime Organization (IMO) requirements for Ballast Water Treatment (BWTS). Indeed both requirements were met: the land tests where various and numerous filtration cycles were required, as well as the on-board testing for 2 […]

  • Matson kicks off construction on first of three new LNG-ready Aloha Class containerships

    1 October 2024
    Vessels

    Following a steel cutting ceremony at Philly Shipyard, Pennsylvania, U.S.-based transportation and logistics company Matson has commenced construction on the first of the company’s three new liquefied natural gas-ready (LNG) Aloha Class containerships, engineered for its Hawaii and China-Long Beach Express (CLX) services. With an expected delivery in the fourth quarter of 2026 and sometime […]

  • China, Alaska Services Boost Matson’s Third Quarter

    5 November 2015
    Business & Finance

    U.S. carrier and container terminal operator Matson, Inc. reported a net income of USD 41.5 million for the third quarter of 2015, an increase of 93% compared to the same period last year. “Third quarter results were strong, led by continued high demand for our expedited China service, a full quarter of our new Alaska business, volume improvements […]

  • BAE SYSTEMS Receives $28 Million Ship Repair Contract

    13 June 2006

    BAE Systems has been awarded a $28 million cost-plus-award-fee ship repair contract from the U.S. Navy. The Naval Sea Systems Command contract is a multi-ship, multi-option (MSMO) award for selected restricted availabilities on CG 47 class ships home ported at, and visiting Norfolk, Va. The total value of the contract could reach $168 million, if […]

  • Avantha Installs Amrumbank West Transformer Substation

    12 May 2014
    Storage

    Avantha Group Company CG installed its transformer substation at the Amrumbank West offshore wind farm. The renewable energy unit consists of 80 multi-megawatt wind turbines located 100 km off the German coast in the North Sea. The Amrumbank West offshore wind farm (which was completed along with CG’s consortium partners Fabricom GDF Suez, Iemants and […]

  • BGP Vessel to Kick Off Libya 2D Seismic Shoot

    18 November 2014
    Business & Finance, Operations & Maintenance

    The National Oil Corporation (NOC) has announced that GX Technology, a wholly-owned subsidiary of ION Geophysical, will start the first phase of seismic data acquisition on November 19 for the LibyaSPAN multi-client 2D regional survey in the Libyan territorial waters of the Mediterranean Sea. The survey is being conducted as part of a joint agreement between […]

  • China’s integrated solar power, hydrogen and energy storage project connects to grid

    7 January 2025
    Business Developments & Projects, Project & Tenders, Technology

    “China’s largest” integrated offshore photovoltaic (PV) demonstration project, combining solar power, hydrogen production and refueling, and energy storage, has been connected to the grid for power generation. Hengtong Group announced today, on January 7, 2025, that this development marks the launch of “China’s first” PV project aimed at ecological remediation of tidal flats. The project […]

  • Oil Search: progress made on Papua LNG development

    17 July 2019

    The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search said that progress has been made on the Papua LNG project. 

  • Alphaliner: Major Capacity Boost Expected in April

    28 March 2018
    Business & Finance

    Alphaliner: More than 60 vessels will be needed to populate the new loops from April.

  • Readers’ Picks of the Week (Oct 26th – Oct 30th)

    1 November 2015
    Business & Finance

    Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room GTT CMA CGM and its subsidiary CMA Ships and DNV GL released a technical and feasibility study for a new mega box ship today the Piston Engine Room Free Efficient Contai… Read More 124 Injured When Turbojet Ferry Hits Unknown Object off Hong Kong 124 […]

  • NACKS floats out OOCL’s new eco-friendly 24,000 TEU behemoth

    17 November 2022
    Vessels

    NACKS, a joint venture between Kawasaki Shipbuilding Corporation and COSCO Shipping, has launched a new 24,000 TEU containership built for Hong Kong-based shipowner Orient Overseas Container Line (OOCL).

  • NKT nets long-term cable service contract in Denmark

    5 March 2021
    Business & Finance, Business Developments & Projects, Project & Tenders

    NKT has signed a long-term agreement with Danish grid operator Energinet on maintenance and repair of both offshore and onshore power cables in Denmark. The contract, which will run for eight years, includes services and repairs of XLPE, mass impregnated (MI) and oil filled power cable systems with voltage levels of 20¬525 kV. Within the […]

  • Asian Carriers to Terminate Asia-ECSA Service

    29 September 2015
    Business & Finance

    Container shipping majors Hyundai Merchant Marine (HMM), Kawasaki Kisen Kaisha, Ltd. (“K” Line), Pacific International Lines Pte. Ltd.(PIL) and Yang Ming plan to close their joint Far East-East Coast South America NHX service in October, Dynamar B.V. said in a release. The service featuring 12 container vessels of nominal 4250TEU-4600TEU capacity was launched in April. The ports of […]

  • 26 Filipino Seamen Saved from Sinking Cargo Ship

    13 January 2015

    26 Filipino seamen were rescued by the crew of the Chinese vessel MV Tong Ying hours after their cargo ship sunk off Camiguin, an island province of The Philippines, on Friday morning, January 9, the Philippines Coast Guard said in a statement. The survivors were onboard the 2013-built, Mongolia-flagged deck cargo ship LCT 378 when it was battered by big […]

  • Petrobras facing $15B loss in case of SBM Offshore contracts termination

    7 July 2014

    Petrobras, Brazil’s state-controlled oil company, said today that it may have a reduction of $15 billion in net income between 2014 and 2018 in case of termination of current contracts with SBM Offshore. To remind, SBM Offshore, the world’s largest provider of floating production units has been accused of bribing Petrobras’ officials to secure contracts. Petrobras […]