3679 results found for 'cgx'

3679 results found for 'cgx'
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  • 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 […]

  • Total to fuel Brittany Ferries’ LNG newbuild

    10 July 2017
    Project & Tenders, Vessels

    Total’s unit Total Marine Fuels Global Solutions signed a deal with Brittany Ferries to supply LNG bunker to the latter’s newbuild vessel. 

  • German-Danish Offshore Wind Link Comes to Life

    12 November 2018
    Storage, Technology

    The Kriegers Flak – Combined Grid Solution has reached another milestone after Germany’s 50Hertz and Denmark’s Energinet completed the 24 hours tests on both of the offshore cables connecting the Danish platform on the Kriegers Flak wind farm with the German platform on the Baltic 2.

  • MacArtney Delivers MERMAC Winches for Kriegers Flak

    8 March 2018
    Technology

    Greek Assodivers Underwater Contractors have taken delivery of two MERMAC winches from MacArtney to be used on the Kriegers Flak offshore wind project in the Danish Baltic Sea.

  • Moody’s Downgrades Seismic Players

    18 June 2015
    Research & Development

    Plunging oil prices are moving oil companies to cut spending on exploration activity, presenting a major challenge for seismic companies globally as the most volatile and cyclical segment of the oilfield services industry, says Moody’s Investors Service in a new report published today. “We do not expect a significant recovery for seismic companies in the […]

  • Maersk, MSC and other liner majors suspend Red Sea runs amid escalating attacks

    18 December 2023
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Vessels

    Leading liner companies, including industry giants Maersk, MSC, CMA CGM, HMM, and OOCL, have suspended trading on their Red Sea trade routes. This decision comes in response to a series of targeted attacks on merchant ships operating in the region, raising alarms within the global shipping community. The Red Sea, a critical maritime route connecting […]

  • South Korea’s Busan Port hosts its first LNG-powered cruise ship

    18 October 2024
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Vessels

    Following the expansion of the LNG fuel supply structure, South Korea’s Busan Port has hosted the first LNG-powered cruise ship – the 2023-built Silver Nova owned by Monaco-based Silversea Cruises. The 54,000-ton LNG-fueled Silver Nova, which was built by German shipbuilder Meyer Werft as the first unit of Silversea’s Nova class ships, entered the Busan […]

  • Containerships’ vessel bunkers LNG in port of Rotterdam

    28 January 2019
    Vessels

    Finnish shipping company Containerships, part of French CMA CGM group, said its first LNG-fueled container vessel Containerships Nord completed its first LNG bunkering at the Port of Rotterdam.

  • PD Ports Attracts New Customer to Its Container Terminal at Teesport

    16 October 2013
    Business & Finance

    PD Ports has announced a new weekly multi modal logistics service into Teesport by new customer MacAndrews, part of the CMA-CGM Group, further strengthening the port operator’s position as the UK’s best connected feeder port. This new weekly service, which commenced on Monday 14th October, will connect the North-east port with Iberia, Sweden and Poland. […]

  • OOCL France Becomes Largest Ship to Transit Panama Canal

    25 May 2017

    Image Courtesy: Panama Canal Authority The Panama Canal welcomed the 13,208 TEU OOCL France on May 24, the largest vessel to transit the Expanded Canal since its inauguration in June 2016.  The Neopanamax boxship, which features a length of 366.5 meters and a width of 48.2 meters, transited the waterway northbound from the Pacific to the […]

  • OSX Appoints New CEO (Brazil)

    29 June 2012
    Business & Finance

    OSX announces that Mr. Carlos Eduardo Sardenberg Bellot, current Operations, Engineering, Leasing and Developing Officer of OSX assumes the position of CEO of OSX. Mr. Bellot has been an officer (COO) of the Company during the last two years and shall keep his previous position until further deliberation. Carlos Bellot worked at Petrobras for more […]

  • Denmark and Germany agree to cooperate on offshore wind and energy hubs

    15 December 2020
    Authorities & Government, Business & Finance

    Denmark and Germany have entered into an agreement to strengthen their cooperation on offshore wind and innovative energy hubs. The agreement is the starting point for further cooperation to explore the design of possible joint projects, and in this context, cooperation on the energy hubs in the North and Baltic Seas will be discussed. Additionally, […]

  • Nam Cheong requests court protection in Malaysia and Singapore

    10 October 2017

    Nam Cheong, a Singapore-listed offshore vessel owner, has applied for protection with Singapore’s High Court in order to complete restructuring efforts. To remind, the company said in July that it would temporarily stop repayment on all of the company’s borrowing, while it looks at the debt restructuring options. Nam Cheong said in an SGX listing […]

  • SeaIntel: Global Schedule Reliability Down in July

    20 August 2019
    Business & Finance

    Global schedule reliability reversed its improving trend and decreased by 0.8 percentage points in July.

  • Evergreen Opts for Felixstowe Port

    29 May 2014
    Business & Finance

    The Port of Felixstowe has welcomed the first call at the UK’s largest container port of Evergreen’s CES (China Europe Shuttle) service. The 8,452 TEU Ever Laden launched the service from the Port of Britain in late May. The CES Service links North Europe to Asia with calls in Taiwan as well as China. The […]

  • COSCO Spending USD 1.5 Bln on Ultra-Large Boxships

    10 September 2015
    Business & Finance

    China COSCO Holdings Company Limited has placed an order for construction of eleven 19,000 TEU container ships at compatriot shipbuilders worth a total of USD 1.5. billion. Under the deal,  six boxships will be built by Dalian Cosco KHI Ship Engineering (DACKS) and Nantong Cosco KHI Ship Engineering (NACKS), Waigaoqiao Shipbuilding will be in charge of […]

  • Mingyang Delivers First Turbine for Guangdong Offshore Wind Project

    31 October 2018
    Technology

    China’s Mingyang Wind Power has delivered the first MySE5.5/7.0MW semi-direct drive wind turbine platform to be installed on a commercial offshore wind project in Guangdong Province.

  • Quai de Flandres Extension Inaugurated

    27 June 2019
    Business & Finance

    The extension of the Dunkerque Port’s Quai de Flandres was officially inaugurated on June 20 in the presence of Patrice Vergriete, Mayor of Dunkerque, Christine Cabau-Woehrel, Executive Vice-President in charge of assets for the CMA CGM Group, Stephane Raison, President of the Executive Board of Dunkerque-Port, and other officials. The length of the Quai de […]

  • TSA Asking for Higher Asia-US Freight Rates

    17 July 2014
    Business & Finance

    Poised by growing imports from Asia, the Transpacific Stabilisation Agreement (TSA) group has called for an increase of Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1.   Freight rate levels fell substantially in 2013 due to an overall overcapacity in the market. “It is essential for the […]

  • APL Further Cuts Fleet CO2 Emissions in 2017

    10 May 2018
    Business & Finance

    APL reduced its CO2 emissions per container per kilometer by 50.7% in 2017, compared to its base level in 2009.

  • MacArtney Delivers MERMAC Winches for Kriegers Flak

    8 March 2018
    Technology

    Greek Assodivers Underwater Contractors have taken delivery of two MERMAC winches from MacArtney to be used on the Kriegers Flak offshore wind project in the Danish Baltic Sea.

  • 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 […]

  • 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 […]

  • IMO Announced Winners of 2013 Award for Exceptional Bravery at Sea

    22 July 2013
    Business & Finance

    The 2013 IMO Award for Exceptional Bravery at Sea will be awarded to two rescue swimmers from the United States of America, for saving the lives of 14 crew members from the tall ship HMS Bounty, and, posthumously, to a seafarer from China who died trying to save the life of a ferry passenger. The […]

  • Eastern Pacific Shipping hits its ESG target two years ahead of schedule

    28 January 2021
    Environment, Transition, Vessels

    Singapore-based ship management company Eastern Pacific Shipping (EPS) has met its Environmental, Social & Governance (ESG) policy two years ahead of schedule, the company announced. EPS started disclosing a fleetwide CO2 emissions report last year, using the industry-accepted Annual Efficiency Ratio (AER). In its first report, EPS reported a 2019 AER of 4.7, which showed a […]