3677 results found for 'cgx'

3677 results found for 'cgx'
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  • Carrier Reliability Up in May

    21 June 2017
    Business & Finance

    Carriers’ overall on-time schedule reliability improved 4.7%, increasing from 58.6% in April 2017 to 63.3% in May 2017, according to the latest data provided by intelligence provider CargoSmart. Regarding schedule reliability by trade, 10 of the 12 trades improved from April 2017 to May 2017. The trans-Atlantic trade experienced the largest improvement in reliability, rising by 21%, […]

  • Global Ship Charters Out Latest Addition

    18 September 2014
    Business & Finance

    Global Ship Lease, Inc. has agreed to buy an 8,063 TEU container ship from an unnamed container liner company for a purchase price of USD 55 million. The 2005-built vessel is expected to be delivered in the fourth quarter of 2014, and immediately time chartered back to the same container liner company for a period of 36 […]

  • 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 […]

  • 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 […]

  • Seabed Geosolutions scores $50M seismic survey deal in Brazil

    21 October 2019
    Business & Finance

    Seabed Geosolutions, a joint venture between Fugro and CGG, has secured a letter of award to provide a 3D ocean bottom node (OBN) survey offshore Brazil.

  • Pump failure stops output from Dommo Energia’s well

    3 July 2018

    Dommo Energia has stopped production from the 7-TBMT-2HP well located in Tubarão Martelo field for an undetermined period.

  • Shearwater GeoServices signs $437M debt refinancing

    18 December 2020
    Business & Finance, Outlook & Strategy

    Shearwater GeoServices has signed new debt and guarantee facilities totalling $437 million, as part of the planned refinancing of the company’s maturing debt.

  • Vopak offering simultaneous LNG bunkering service in Rotterdam

    11 August 2020
    Business Developments & Projects, Project & Tenders

    Dutch independent storage tank firm Vopak has started offering simultaneous LNG bunkering service at its Europoort terminal in the port of Rotterdam. Vessels calling at the Europoort terminal can now get LNG fuel from bunkering barges simultaneously while loading or discharging. “This eliminates the shifting time and reduces expenses for LNG-powered vessels for their bunkering,” […]

  • New CEO for Axxis Geo Solutions

    7 August 2020
    Business & Finance

    Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Friday it has appointed Ronny Bøhn as its new CEO. Bøhn, who takes over from Lee Parker, has more than 20 years of experience from the seismic industry. He has held management positions as vice president of marine operations at CGG and as COO […]

  • HMM, HHI and partners exploring development of marine biofuel

    24 August 2020
    Collaboration, Innovation, Research & Development, Transition, Vessels

    South Korean shipping company HMM has signed a memorandum of understanding (MOU) with the Korea BioEnergy Association, Hyundai Heavy Industries Co., Korea Shipbuilding & Offshore Engineering Co., and the Korean Register of Shipping to develop marine biofuels. An HMM Spokesperson told Offshore Energy-Green Marine that for the coming months, the parties involved in the biofuel […]

  • Lundin Petroleum Completes The Sale of Its Salawati Interests in Indonesia

    30 December 2010
    Business & Finance

    Lundin Petroleum AB  has completed the sale of its non-operated interests in the Salawati Basin and Island assets, located in the eastern part of Indonesia, to RH Petrogas (“RHP”). Lundin Petroleum and RHP, a company listed on the Singapore Stock Exchange (“SGX”), completed the transaction on 29 December 2010 for a consideration of MUSD 37.1 […]

  • Alphaliner: North European Independent Short Sea Operators Struggle

    8 February 2019
    Business & Finance

    Alphaliner: Main Line Operators grow share in Northern European short sea capacity, as independent operators struggle.

  • MPA Singapore Aims to Develop Innovation in Maritime Sector

    7 June 2017
    Business & Finance

    The Maritime and Port Authority of Singapore (MPA) is offering new opportunities for start-ups in the maritime sector as part of its initiative to develop innovation. MPA has launched the first Smart Port Challenge 2017 (SPC 2017) welcoming close to 190 registered participants from the technology, start-up and the venture capital (VC) community. Building upon the […]

  • Eleven Port Giants Want to Bid for Panama’s Port of Corozal

    12 November 2015
    Business & Finance

    A total of eleven of the world’s largest port operators have formally expressed interest in participating in a public bidding for the Port of Corozal, the Panama Canal Authority said on Tuesday. The port, which will be located on the Pacific side of the Canal, is set to play a major role in the development of […]

  • 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 […]

  • Clarksons: Vessel Ordering Takes a Nosedive in Q3

    4 October 2016
    Business & Finance

    Overall contracting of new vessels plunged in the three-month period from July to September to a mere 88 units, according to data provided by Clarkson Research. When compared to the same period in 2015, the orders dropped by some 81 percent from 481 vessel orders. Due to an oversupply in the shipping market, accompanied by low freight rates, […]

  • No New Orders for COSCOCS, Existing Orders Enough to Reach 2Mln TEU Mark

    23 February 2016
    Business & Finance

    China Ocean Shipping Corporation’s (Coscocs) plans to up the ante by reaching a 2 million TEUs operational capacity mark by the end of 2018 will not include new orders. Coscocs, created from a merger between China Shipping and Cosco, has no intention to order a substantial number of containership newbuildings now, to meet its target, DynaLiners […]

  • HMM, Carriers to Boost Far East-South America Coverage

    23 December 2016
    Business & Finance

    South Korean shipping company Hyundai Merchant Marine (HMM) revealed plans to reshuffle its cooperative agreement with a number of carriers, offering new coverage on the Far East and South America routes. The enhanced offering would include 13 containerships, with HMM deploying one 8,000 TEU vessel which is scheduled to depart from Busan port on January […]

  • Rickmers Charters Out Two Ships to Maersk Line

    19 March 2014
    Business & Finance

    Rickmers Maritime, has secured new employment for two of its vessels. The vessels, Henry Rickmers and Richard Rickmers, both 3,450 TEU panamax container vessels, have been chartered to Maersk Line, the world’s largest container shipping company. Henry Rickmers will be delivered to Maersk Line this week and Richard Rickmers two weeks later. The vessels have […]

  • Brazil: Construction of OSX’s Acu Shipbuilding Unit Progresses According to Schedule

    4 May 2012

    The construction of the Acu Shipbuilding Unit (UCN Açu) in the Açu Super Port Industrial Complex in São João da Barra, located in the north of the State of Rio de Janeiro, has been progressing according to schedule since July 2011, and completion is estimated for the second quarter of 2014. During construction of UCN […]

  • GNF shuffles management personnel

    7 April 2015

    Gas Natural Fenosa said its board of director approved the appointment of Rosa María Sanz as the new Managing Director of Resources and Member of the Management Committee to replace Antonio Gallart, who will assume the role of General Manager of Compañía General de Electricidad, the Chilean company acquired by Gas Natural Fenosa in November.

  • Panama Canal Welcomes 1st Cruise Ship in 2017/18 Season

    8 November 2017

    Image Courtesy: Panama Canal Authority On November 7, the Caribbean Princess became the first cruise vessel of the 2017/2018 cruise season to transit the Expanded Panama Canal. As part of its roundtrip itinerary, the Caribbean Princess, operated by Princess Cruises, did a turnaround transit through Agua Clara Locks on the Atlantic side. The cruise ship […]

  • France backs EEL Energy with multi-million grant

    19 December 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    EEL Energy has received €3.7 million from the French government for the development of its new generation tidal energy device.

  • Scottish energy firms eyeing Nova Scotia offshore acreage

    18 June 2014

    Opportunities for Scottish energy firms to partner with the oil and gas market in Nova Scotia, Canada, will be the focus of an event supported by two of the industry’s leading professional service firms, Deloitte and Simmons & Company International Limited, in Aberdeen next week. The Honourable Premier of Nova Scotia, Stephen McNeil, will be […]