3677 results found for 'cgx'

3677 results found for 'cgx'
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  • Evergreen Returns to Marseille Fos

    20 May 2016
    Business & Finance

    Taiwanese container line Evergreen has resumed direct calls at Marseille Fos port in France for the first time in eleven years with the aim to double its traffic.  With its return, Evergreen is replacing a slot arrangement within the CKYHE alliance by adding its own ships to those of Cosco, K Line, Yang Ming and […]

  • Xeneta: Container Shipping’s Peak Season Weakens?

    26 July 2016
    Business & Finance

    Due to a glut of surplus capacity in the container shipping industry, the peak season seems to have lost its previous impact, which was instead spread out through the year, the market intelligence platform for containerized ocean freight Xeneta said. As the traditional peak shipping season is fast approaching, the container lines announced the implementation of GRIs […]

  • Stevenson Creek Dredging Project Progresses Well (USA)

    21 January 2014
    Business & Finance, Equipment, Technology

    The Stevenson Creek dredging project is moving ahead. The project scope consists of dredging approximately 105,000 cubic yards of sediment from the canal. “Reach 1” calls for the removal of 63,000 cubic yards of muck/sand material. This encompasses an area approximately 1700 linear feet long, to a depth limit of -3.5 feet NGVD. “Reach 2” […]

  • The Netherlands: TOC Europe Returns to Rotterdam

    27 February 2013
    Business & Finance

    Innovative approaches to cope with the challenges arising from a combination of continued global economic and financial fragility, volatility in container shipping, the emerging wave of mega-vessels and the need for more efficient infrastructure to support global container trade will be the core focus of discussion at the 37th TOC Container Supply Chain Europe Conference […]

  • Port of Rotterdam’s Oldest Container Terminal Closes Its Gates

    5 October 2015
    Business & Finance

    The Port of Rotterdam has closed its oldest container terminal ECT City Terminal at the Eemhaven on Thursday, 1 October, with the departure of the last sea-going client, the container ship CMA CGM Sambhar. The decision comes as the terminal became unable to cope with the increases in scale in container shipping after almost 50 years […]

  • Report: Container Shipping Giants to Settle with EU Commission on Price Hikes

    11 February 2016
    Business & Finance

    Container shipping companies that are being investigated by the European Commission over a suspected breach of antitrust rules have agreed to settle with the Commission and change their pricing policies so as to avoid fines, Reuters reports citing sources familiar with the matter. The Commission launched the investigation in November 2013, claiming that since 2009, major […]

  • TSA Members Push for Higher Rates

    19 August 2014
    Business & Finance

    Member container shipping lines in the Transpacific Stabilization Agreement (TSA) are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1. Carriers had filed increases in their individual tariffs in late July and subsequently began notifying customers directly, according to TSA’s press release. […]

  • Brazil: OSX Raises USD 500 Million for FPSO Financing

    14 March 2012
    Business & Finance

    OSX raised US$ 500 million by issuing Senior Secured Bonds in the international market, the net proceeds of which shall be used for the construction of its FPSO OSX-3. The FPSO OSX-3 will have an oil production capacity of 100.000 bopd and a storage capacity of up to 1.300.000 bbls. The unit will be chartered […]

  • Damen Completes Marion Dufresne II Overhaul

    3 August 2015
    Business & Finance, Equipment, Operations & Maintenance

    Damen Shiprepair Dunkerque, part of Damen Shiprepair & Conversion, has wrapped up a complete renovation of the French research vessel, Marion Dufresne II. Delivered on time, the oceanographic research vessel set sail for the Port of La Réunion where it will resume its logistic and scientific journey to the French Southern and Antarctic Lands. “The excellent cooperation […]

  • Moody’s: Carriers’ Consolidation Will Continue into 2018

    14 December 2017
    Business & Finance

    Consolidation will continue apace in the container shipping industry into 2018, Moody’s said.

  • Port Saint John Sees Strong 2017 Cargo Volumes

    12 January 2018

    Cargo tonnage at Canada’s Port Saint John rose by more than 4 million tons in 2017, representing a YOY increase of 15%.

  • MOL obtains ‘world’s first’ approval for LNG carrier with wind-assisted propulsion

    2 August 2024
    Business Developments & Projects, Green Marine, Vessels

    MOL received AiP from ClassNK for the design of a membrane LNG carrier installing Wind Challenger, a hard sail wind power propulsion system.

  • Sri Lankan Naval Personnel Assists in Bringing Back Two Fishing Boats Home

    15 December 2011

    Naval personnel attached to SLNS Wickrama II of the Northern Naval Command and Coast Guard Ship CG 41 assisted in bringing in two Sri Lanka fishing boats released from Indian Custody home on 14th December 2011. The two fishing boats named “Deshani” and “Rishora Duwa” were handed over to the Sri Lanka Navy by the […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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. […]

  • 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 […]

  • 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 […]