3679 results found for 'cgx'

3679 results found for 'cgx'
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  • Ensco Quarterly Earnings at $619 Million

    24 October 2013

    Ensco plc has reported that diluted earnings per share increased 9% to $1.62 in third quarter 2013 from $1.48 a year ago. Discontinued operations primarily related to rigs and other assets no longer on the Company’s balance sheet reduced earnings last year by $0.07 per share. Diluted earnings per share from continuing operations were $1.62 in […]

  • Drewry: What to Do with Family Silver?

    31 August 2015
    Business & Finance

    The strategies of the major shipping lines regarding terminal ownership are surprisingly varied, with carriers facing a dilemma with their container terminal ownership strategy: whether to sell, to buy, to do both – or do nothing, according to Drewry’s Global Container Terminal Operators Annual Report 2015. Much has been said and written about the financial challenges facing […]

  • Quadrant in rig chase for next Phoenix South well

    29 June 2017
    Exploration & Production, Project & Tenders

    Australian oil and gas company Quadrant Energy is in final stages of looking for a semi-sub rig to drill the Phoenix South-3 well, offshore Western Australia, planned for early next year.  According to a Thursday update by Carnarvon Petroleum, Quadrant’s partner, the Phoenix South-3 well is being designed as a redrill of the Phoenix South-2 well that discovered […]

  • Total Nets 10 Exploration Licenses Offshore Brazil

    16 May 2013
    Business & Finance, Operations & Maintenance

    Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661) in the Ceara basin. In addition, Total […]

  • Hapag-Lloyd, ONE to Join TradeLens

    2 July 2019
    Business & Finance

    With the two major carriers, platform scope extends to more than half of the world’s ocean container cargo.

  • Matson Christens 2nd Aloha Class Unit at Philly Shipyard

    12 March 2019
    Business & Finance

    Matson christened the second Aloha Class containership at Philly Shipyard on March 9.

  • SBM Offshore set to settle bribery case in Brazil?

    6 October 2015

    SBM Offshore, world’s largest provider of FPSO vessels to the international oil and gas industry, is set to reach a settlement with the Brazilian authorities, linked to the company’s alleged involvement in a bribery case. According to the Brazilian newspaper O’Globo, SBM Offshore, accused of paying bribes in exchange for contracts, has agreed to pay […]

  • OCEAN Alliance Receives Approval from FMC

    24 October 2016
    Business & Finance

    The US Federal Maritime Commission (FMC) has concluded its review of the proposed OCEAN Alliance, allowing it to become effective on Monday, October 24, 2016. The OCEAN Alliance is comprised of French shipping company CMA CGM, China’s COSCO Shipping, Hong Kong-based Orient Overseas Container Line (OOCL) and Taiwanese Evergreen. Agreement members are now permitted to […]

  • Engie to cut 1,150 French jobs, LNG unit making losses- L’Expansion

    19 September 2016

    French gas and power group Engie plans to cut about 1,150 jobs in various support functions and the firm’s Liquefied Natural Gas (LNG) business is set to book a full-year loss after making losses in the first half, L’Expansion said.

  • UASC Orders Reefers for New North Europe – US East Coast Service

    1 June 2015
    Business & Finance

    Middle Eastern container carrier United Arab Shipping Company (UASC) has ordered 3,500 reefer containers for its newly launched North Europe – US East Coast (NEU1) service. The service consists of a weekly sailing making five direct port calls in North Europe to the principle ports of Le Havre, Antwerp, Rotterdam, Southampton and Bremerhaven and four […]

  • Matson Christens the Largest U.S.-Built Containership

    3 July 2018
    Business & Finance

    Matson christenes the largest containership ever built in the United States.

  • WinGD Blazes Trail in Building Engines of the Future

    13 June 2019
    Business & Finance, Rules & Regulation

    WinGD’s Volkmar Galke speaks about the industry’s decarbonization path and available fuels.

  • International partnership to pursue carbon storage project down under

    16 March 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage

    Norwegian seismic company PGS and Australia’s deepC Store Limited (DCS) have signed a Letter of Intent (LoI) to co-develop a commercial-scale carbon storage project offshore Australia. Under the agreement, PGS will be in charge of providing geological and geophysical advisory services. The two companies also agreed to explore broader collaboration opportunities in the region. “The letter […]

  • Maersk, MSC to Start 2M Alliance in January

    21 August 2014
    Business & Finance

    Maersk Line, part of Denmark’s A.P. Moller-Maersk, and Swiss firm Mediterranean Shipping Co (MSC) are planning to launch their new vessel sharing service  as early as January 2015, with their customers being notified of the network and transit times by September, Reuters reports. The world’s largest container shipper signed a 10 year Vessel Sharing Agreement with MSC (VSA) on the […]

  • Hyundai Samho bags LNG-powered PCTC pair

    15 September 2022
    Business & Finance, Green Marine, Vessels

    South Korean shipbuilder Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Marine Engineering Co., has won an order for the construction of two LNG dual-fuel pure car truck carriers (PCTC). The order is worth KRW 331 billion ( approximately $ 237 million) and it has been placed by an unnamed player from the […]

  • Keppel confirms talks to build Buzios FPSO for Petrobras

    20 April 2021
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Keppel Corporation has confirmed it is in talks with Petrobras for a contract to build an FPSO for the Buzios field offshore Brazil.

  • Wan Hai Lines, K Line and PIL Join Forces on Transpacific

    28 April 2016
    Business & Finance

    Taiwan’s shipping company Wan Hai Lines has sealed a deal with Japan’s Kawasaki Kisen Kaisha (“K”Line) and Singapore’s Pacific International Lines (PIL) to jointly operate a transpacific service from Vietnam and South PRC to the U. S. Pacific South West. The new service named CALCO-C takes effect on 21st May with seven ships of about […]

  • Fugro Eyes Seabed Geosolutions Exit

    31 July 2019
    Business & Finance, Equipment, Operations & Maintenance

    Fugro is looking to sell its stake in Seabed Geosolutions, a joint venture company with French seismic player CGG. The Dutch subsea and survey specialist said it has stepped up its efforts, in consultation with its co-shareholder, to divest its 60 per cent interest in ocean bottom seismic specialist formed in 2013. According to Fugro, multiple […]

  • Double swoop: SITC taps Chinese yard for two more 1,800 TEU boxships

    29 April 2025
    Business Developments & Projects, Vessels

    SITC Shipowning, a wholly-owned subsidiary of Chinese maritime transportation player SITC International Holdings, has exercised options for the construction of two more 1,800 TEU container vessels at compatriot Huanghai Shipbuilding. As disclosed, the company has set aside HK$449.60 million (around $57.96 million) for the units. The ships will bring the total number of vessels from […]

  • UK player to sell Norwegian assets and Statfjord UK in $1 billion deal

    8 December 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    UK company Spirit Energy has entered into agreements to divest its Norwegian business, including the Statfjord UK field for $1.076 million.

  • Ophir: Not all is bad when oil prices go down

    16 April 2015

    Ophir Energy, an independent oil and gas company with assets in Africa and South East Asia, has acknowledged that these are some rough times for upstream exploration and production companies. However, in its annual report for 2014, the independent player has revealed that not all is doom and gloom when the oil prices go down, […]

  • MSC containership attacked in Red Sea amid liners’ gradual return to strategic waters

    27 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Regulation & Policy, Safety

    MSC United, a Post Panamax containership owned by Swiss-based Mediterranean Shipping Company (MSC), was attacked while transiting the Red Sea. The attack was confirmed by the Yemeni Armed Forces’ Spokesperson Yahya Sare’e, saying that the ship was targeted by naval missiles. The statement reiterated that the attack is part of the strategy of targeting ‘all […]

  • Clarksons: 27% of the order book to run on alternative fuels

    1 December 2020
    Business & Finance, Environment, Infrastructure, Innovation, Ports & Logistics, Rules & Regulation, Transition, Vessels

    Alternative fuels are gaining traction in the maritime industry amid growing regulatory pressure and currently, they account for 3.5% of the fleet, and 27% of the order book by tonnage, data from Clarksons Research shows.

  • Egypt secures massive investments in port projects

    16 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy

    Hutchison Ports, a global port operator, has revealed $700 million investments in two major projects in Egypt – Ain Sokhna Port and B100, a new container terminal in the Port of Alexandria. This investment brings Hutchison Ports’ total investment in Egypt to over $1.5 billion. The company aims to expand its network and strengthen its […]

  • Hudong-Zhonghua wins order for 14K cbm LNG bunkering vessel

    29 August 2022
    Green Marine, Vessels

    Chinese shipbuilder Hudong-Zhonghua, a subsidiary of China State Shipbuilding Corporation (CSSC), has won a firm order for the construction of a 14,000 CBM LNG bunkering vessel. The vessel is being built for Chinese company Anhui Changjiang LNG and it is scheduled for delivery in August 2024. Anhui Changjiang LNG operates the Wuhu LNG Terminal in […]