3679 results found for 'cgx'

3679 results found for 'cgx'
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  • 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 […]

  • Lockheed Martin Wins USD 715 Mln U.S. Navy Contract

    19 March 2012

    The U.S. Navy has issued a Lockheed Martin-led industry team a $715 million contract modification to add funding for construction of two Littoral Combat Ships (LCS) – the third and fourth in a 10-ship contract awarded in December 2010. The contract modification is for construction of Little Rock (LCS 9) and Sioux City (LCS 11). […]

  • South Korea: Nine DSME Vessels Selected as Best Ships of 2012

    5 February 2013

    Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year. The world’s four biggest magazines exclusively dedicated to shipbuilding and shipping select the best vessels annually. Four ships were chosen as […]

  • Nine DSME Built Vessels Selected as Best Ships of 2012

    5 February 2013
    Business & Finance

    Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year. The world’s four biggest magazines exclusively dedicated to shipbuilding and shipping select the best vessels annually. Four ships were chosen as […]

  • Mitsubishi grabs 25 percent stake in LNG terminal in Bangladesh

    17 August 2018
    Project & Tenders, Vessels

    Japan’s Mitsubishi Corporation has agreed to acquire a 25 percent interest in Summit LNG Terminal, a Summit Corporation unit, developing an FSRU-based import terminal in Bangladesh.

  • Norway: STX OSV Wins Order for Design and Construction Of New PSV

    31 March 2011
    Business & Finance

      STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX OSV’s own PSV 09 design, and is […]

  • Forum Appoints New Senior VP and CFO

    21 February 2018
    Business & Finance

    Forum Energy Technologies has appointed Pablo G. Mercado to serve as senior vice president and chief financial officer. The appointment, part of the company’s succession planning process, is effective March 01, 2018. In addition, James W. Harris, the current CFO who has been leading the Drilling and Subsea segment since September 2017, will transition full-time to that operating role, serving […]

  • Chevron working to meet $2B asset sales target in 2016

    13 October 2016

    U.S. oil giant Chevron is looking to divest its assets in Bangladesh, aiming to fulfill its assets sales program set at between $5 and $10 billion in 2016 and 2017. Earlier this year, as part of its previously announced divestment plans, Chevron sold 19 fields in the U.S. Gulf of Mexico to Cox Oil for an undisclosed […]

  • France: Spectrum to Buy Over 500.000 km of CGGVeritas 2D Multi-client Library

    29 July 2011
    Business & Finance

    CGGVeritas announced today that it has signed a strategic agreement with Spectrum, a Norwegian multi-client company, for the contribution by CGGVeritas of its 2D Multi-client marine library for a consideration in cash and a major equity position in Spectrum. CGGVeritas has reached a strategic agreement with Spectrum whereby Spectrum will purchase over 500,000 km of […]

  • Sterling completes seismic shoot over Ambilobe block (Madagascar)

    2 June 2015
    Equipment, Project & Tenders

    Sterling Energy plc, the AIM listed oil and gas exploration company, has completed a 3D seismic survey of approximately 1100 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. Sterling is the operator of the Ambilobe Production Sharing Contract (PSC). The acquisition was undertaken by CGG Services SA, on behalf of the […]

  • Stockholm Norvik Port Construction Gets Green Light

    27 April 2016

    The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 2016, after the Swedish Supreme Court issued a positive ruling today by deciding not to allow permission for an appeal to be heard. The planned port is important for the establishment of an efficient, eco-friendly supply of goods to the Stockholm region, […]

  • First of Three P3 Crew Boats Delivered to Brazilian Company

    14 November 2013
    Business & Finance

    Incat Crowther announced the launch and delivery of BS Maresias. Built by Arpoador Engenharia Ltda, BS Maresias is 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. The vessel’s design features a large aft main cargo deck optimized for […]

  • Update: Hapag-Lloyd to reinstate services to Beirut

    12 August 2020
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Ports & Logistics, Vessels

    The container terminal in Beirut sustained only minor damages and has restarted its operations, German shipping major Hapag-Lloyd said in an update.

  • Exeter Flood Defense Scheme Takes Summer Break

    31 March 2017
    Business & Finance, Project & Tenders

    Construction work on the Exeter flood defense scheme has reached another key milestone as work around the Quay area of the city is halted to avoid disruption to visitors and businesses over the summer. The Environment Agency announced today that the work on the Quay will resume from October 2017. According to EA, over the past […]

  • MBC Bulker Runs Aground off Philippines, One Dead

    19 July 2015
    Business & Finance

    Twenty Filipino seafarers were evacuated on Friday, July 17th from a Singaporean-flagged ship that ran aground one nautical mile off Sta. Lucia, Ilocos Sur, the Philippine Coast Guard informed. Two of the 21 crew of the MV Alam Manis bulk carrier were earlier reported missing, one of whom was identified as C/M Henry Libo-on, who […]

  • MSC offers €5.7B to buy Bolloré Africa Logistics

    21 December 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics

    Swiss container shipping major Mediterranean Shipping Company (MSC) has submitted an offer to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group’s transport and logistics activities in Africa.

  • SBI Offshore, Axon form JV

    2 July 2014
    Equipment

    SBI Offshore Limited has agreed to form a joint venture (“JV”) with Axon Energy Products Inc. (“Axon”) of the United States to market, install, commission and provide after-sales services for oil and gas drilling equipment and systems in Asia in a major strategic business shift for the offshore and marine (“O&M”) player. SGX Catalist-listed SBI […]

  • 10 Exploration Licenses for Total in Brazil

    16 May 2013
    Business & Finance

    French oil major 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. […]

  • USA: CSA Recognizes Foss Maritime’s Commitment to Safety

    2 July 2012

    The Chamber of Shipping of America (CSA) has recognized Foss Maritime’s commitment to safety by awarding 61 tugs and manned barges for outstanding safety records, an increase of eight vessels over 2010. The Foss vessels were recognized as 2011 Jones F. Devlin Awards winners at the CSA Annual Safety Awards Luncheon held this year on […]

  • Winnetka Pond Dredging Program Underway

    25 January 2019
    Business & Finance

    A major dredging project on Winnetka Pond, City of Crystal, MN, aimed to remove more than 18,000 cubic yards of sediment, is moving forward, CCX Media reports.  Commenting the latest news, Crystal Public Works Director, Mark Ray, said that the removal will help control flood capacity as well as help improve the habitat of the pond […]

  • GE Nudging Freeport LNG Forward

    11 September 2014
    Business & Finance

    GE Oil & Gas has signed a contract to provide both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas, GE says in a press release. GE is supplying the main refrigeration compressors, variable-speed drive electric motors and other electrical equipment […]

  • ICIS Launches Gas Price Assessments for Virtual Belgian Hub

    1 October 2012

    ICIS, the European benchmark provider for the gas markets has announced the launch of five daily price assessments for the new virtual Belgian hub, the Zeebrugge Trading Point (ZTP). The additional pricing information has been developed in response to the launch of Belgium’s new transmission model and gas trading platform, the ZTP. This new model […]

  • USA: Peterbilt Receives Heckmann Order for 200 LNG Trucks

    23 April 2011
    Project & Tenders

      Peterbilt Motors Company announced the purchase of 200 Peterbilt Model 367 liquefied natural gas (LNG) trucks. Heckmann Corporation has partnered with Peterbilt Motors Company to transition its tractor-trailer fleet from traditional diesel vehicles to natural gas vehicles (NGVs). “Peterbilt’s clean powered alternative fuel platforms provide customers an innovative and economic solution that delivers high […]

  • Port of Melbourne commits to 2030 net-zero target

    14 June 2023
    Ports & Logistics

    Port of Melbourne has set a target to achieve net zero emissions for Scope 1 and 2 for port operations by 2030.