3673 results found for 'cgx'

3673 results found for 'cgx'
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  • KrisEnergy starts seismic survey off Indonesia

    8 September 2014
    Business & Finance, Equipment, Project & Tenders

    KrisEnergy Ltd., an independent upstream oil and gas company, has announced that the S.V. Nordic Bahari vessel has started acquisition of 1,200 km 2D seismic data in the Sakti production sharing contract (“PSC”) offshore East Java, Indonesia. The acquisition program was awarded to PT. Alamjaya Makmur Sejahtera in consortium with PT. Bahari Lines Indonesia. The 2D […]

  • Workers Announce New Strikes at French LNG Terminals, Ports

    9 June 2016
    Business & Finance

    Just after a few days of restoring operations, Elengy’s three liquefied natural gas (LNG) terminals in France are facing a new round of strikes. Namely, workers at Elengy’s LNG terminals have voted to stage two 24-hour strikes on Thursday, June 9th and next Tuesday, June 14th as part of nationwide protests against a labour reform bill, Reuters […]

  • Rickmers Reederei Invests in Containerships

    1 April 2015
    Business & Finance

    Rickmers Reederei investing up to USD 260 million in three state-of-the-art container ships.

  • Ocean Three Carriers Take the First Hit

    24 June 2015
    Business & Finance

    The Ocean Three (‘O3’) carriers, CMA CGM, CSCL and UASC, have made the first concession in the ongoing Asia-Europe rate war, according to shipping analyst Alphaliner. Namely, the carrier alliance has decided to withdraw one of their four Far East-North Europe strings for 12 consecutive weeks starting from the end of this month. Alphaliner deems […]

  • Modest Volume Rise Fails to Counter OOCL’s Revenue Drop

    22 April 2016
    Business & Finance

    Hong Kong-listed Orient Overseas Container Line (OOCL) saw a total volume rise of 4.2% in the first quarter of 2016 ended 31st March 2016, when compared to the same period last year. The worst hit was the company’s Asia to Europe trade with a 11.1 percent drop in volumes and 36.3 percent fall in revenue from USD 176,335 to […]

  • 45m Crew Boat BS Maresias Delivered

    14 November 2013

    Built by Arpoador Engenharia Ltda, BS Maresias, 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, has been launched and delivered. The vessel’s design features a large aft main cargo deck optimized for cargo and crew transfers. The 78m2 […]

  • Clarksons: 2023 a positive year for shipping as China delivers 50% of shipbuilding output

    5 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research. The global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this expansion, the newbuilding orderbook demonstrates a measured 3% year-on-year increase, […]

  • 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 […]

  • Operational delays on two surveys to negatively affect SeaBird earnings

    30 July 2019

    SeaBird Exploration has experienced delays in seismic surveys in West Africa and the Americas, which will result in increased operating expenses.

  • USA: PG&E Appoints Nick Stavropoulos to Lead Gas Operations

    5 May 2011

      Pacific Gas and Electric Company (PG&E) today announced a major realignment of its natural gas operations under a single senior executive and appointed an experienced turnaround specialist to lead across-the-board performance improvements within the organization. Nick Stavropoulos, a veteran natural gas pipeline operator, will assume responsibility for the utility’s entire natural gas business as […]

  • Drewry: Orphaned Carriers Will Have to Find New Partners

    25 April 2016
    Business & Finance

    The formation of the Ocean Alliance by CMA CGM, COSCO Container Lines, Evergreen Line and OOCL means that carriers who have been left out of the major alliances will have to act quickly to remain competitive on the market either through mergers or finding new partners. Shipping consultancy Drewry expects that by mid-2017, there will be only three […]

  • JES Appoints New Board Members

    7 June 2013

    JES International Holdings Limited (JES), a major shipbuilding group based in the PRC, has strengthened its Board of Directors (BoD) and management team by announcing some key appointments to the BoD. The Group’s Chief Financial Officer (CFO) since 1 October 2011, Mr. Patrick Kan, has joined the BoD as an Executive Director, effective from 6 […]

  • 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 […]

  • 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, […]

  • 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 […]

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]