3677 results found for 'cgx'

3677 results found for 'cgx'
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  • COSCO Hands Over Three Bulk Carriers to Its Asian Buyers

    22 May 2012

    COSCO Corporation (Singapore), its subsidiary COSCO Shipyard Group Co., has completed delivery of three newbuild Bulk Carriers to its Asian buyers. The first two bulk carriers of 57.000 DWT, “Wuxing 5” and “APJ SHIRIN” were delivered from the company’s COSCO (Guangdong) Shipyard. The third bulk carrier of 92.500 DWT, “OCEAN SAPPHIRE”, was delivered from the […]

  • Brazil: OSX Secures USD 500 Million for Construction of FPSO OSX 3

    14 March 2012

    OSX raised USD 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 […]

  • Matson Signs Agreement to Acquire Assets of Reef Shipping in South Pacific

    27 December 2012
    Business & Finance

    Matson, Inc., a leading U.S. carrier in the Pacific, announced yesterday that it has signed a definitive agreement to acquire the primary assets formerly owned by Reef Shipping, a South Pacific shipping company based in Auckland, New Zealand that has been in business since 1968. The assets to be acquired include four vessels and approximately […]

  • Port of Colombo: South Container Terminal Officially Opened

    23 August 2013
    Business & Finance

    On August 5th following the construction of the International Port of Colombo South Container Terminal Project in Colombo, Sri Lanka, an opening ceremony was held to officially open the Port for use. President of Sri Lanka, Mahinda Rajapaksa was present at the site, as well as China Communications Construction Company’ s Assistant President, Song Hai […]

  • Update: French LNG terminal strikes end

    15 June 2016

    (Updated with a further comment by an Elengy spokeswoman to say that two LNG tankers have been redirected due to the strikes) Workers at Elengy’s three LNG terminals have called off their almost four week-long strikes. France has been hit by a wave of strikes aimed at forcing President Francois Hollande’s government to withdraw proposed new […]

  • Tech trio joins forces on advancing adoption of LNG as fuel

    24 August 2018
    Vessels

    Three marine sector companies, WinGD, Wärtsilä and GTT, have agreed to collaborate in making the use of LNG fuel a viable option for ship owners and operators.

  • Drewry: Container Carriers Heading to Profit

    29 May 2017
    Business & Finance

    The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry. In its last Container Forecaster report, Drewry said that the industry would make an operating profit of about USD 1.5 billion in […]

  • DONG Energy Supports Wind Turbine PhD Research at Durham University

    19 July 2017
    Research & Development

    ​DONG Energy will support two PhD research studentships at Durham University through the Durham Energy Institute (DEI). The PhDs will focus on the operation of wind turbines and helping to predict technical faults before they happen. 

  • Iran and Germany to Set Up Shipping Company, Resume Logistics Cooperation

    17 February 2016
    Business & Finance

    Iran and Germany are negotiating the possibilities for re-establishing shipping cooperation including through establishment of a new container shipping company. During a recent visit to Hamburg, Mohammad Saiedi, IRISL managing director signed a Memorandum of Understanding (MoU) with the owners of Germany’s shipping company PWL Group, Mehr News Agency reports. As informed, the joint company should be launched by […]

  • ILO Revises Seafarers’ Identity Documents Convention

    10 February 2015
    Business & Finance

    International Labour Organization (ILO) held a tripartite meeting of employers, seafarers’ unions and governments in Geneva last week, to consider possible adjustments to the Seafarers’ Identity Documents Convention (Revised), 2003 (ILO 185), the International Chamber of Shipping, shipowners’ representative at the meeting, said in a release. ILO 185 requires ratifying nations to issue resident seafarers with […]

  • UAE: Leighton Offshore Launches Cable Lay Vessel Leighton MPV-1

    9 November 2011

      Leighton Offshore launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway. The MPV-1 will also […]

  • US Clears 2M Alliance

    9 October 2014
    Business & Finance

    The U.S. Federal Maritime Commission (FMC) has approved the planned 2M vessel sharing agreement between Denmark’s Maersk Line and Swiss Mediterranean Shipping Co (MSC), the world’s two largest container shippers, Reuters reports. The U.S. approval is reportedly to become effective on Saturday, October 11. Four out of five commissioners at the FMC voted not to ask for additional […]

  • Evergreen Line Boosts Links to China

    15 May 2015
    Business & Finance

    Taiwanese carrier Evergreen Line is teaming up with Chinese counterparts COSCO and China Shipping in launching a joint China-Surabaya Express (CSM) Service. The decision stems from an increasing market demand resulting from significant trade growth between China and the ASEAN countries, Evergreen Line said. The company has been very busy with initiatives aimed at boosting […]

  • UK court rules in favour of oil & gas regulator but ‘the fight goes on’ for activists

    20 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    The UK regulator welcomes the court ruling, while environmentalists suffer a setback, sparking renewed determination to continue fighting.

  • UAE: Deepening Project at Jebel Ali Port Successfully Completed

    7 April 2013
    Business & Finance

    DP World announced today that it has successfully completed the largest dredging programme at its flagship Jebel Ali Port in 10 years, allowing the port to handle more big vessels at the same time by deepening the draught. The dredging added to the expansion work currently underway, adding 1 million TEU of new capacity to […]

  • Carbon Transition and repeat customer sign $2.5 million seismic data licensing contract

    3 January 2023
    Business & Finance, Business Developments & Projects, Project & Tenders

    Carbon Transition has entered into a new $2.5 million multi-client seismic data licensing contract with an existing customer for the Utsira multi-client survey in Norway. Under the contract, the customer, whose name has not been disclosed, will license Carbon Transition’s Utsira multi-client survey. According to the company, the agreement includes significant additional uplift revenues relating […]

  • 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.

  • Belgium: Port of Antwerp Ready for Largest Vessels

    25 October 2013
    Business & Finance

    The port of Antwerp handled a freight volume of 143,015,226 tonnes in the first nine months of this year, 3.0% more than in the same period last year. Liquid bulk once again produced good growth figures, helping to push the overall volume higher. Antwerp once more demonstrated that it has all the capabilities needed to […]

  • Searcher Completes PNG Scan

    14 February 2019
    Business & Finance, Equipment, Operations & Maintenance

    Searcher Seismic has completed the regional multi-client airborne gravity, gravity-gradiometry and magnetics survey covering the transition zone of the Gulf of Papua. The Roho survey covers approximately 60,700 square kilometres along the southern coast of PNG. The survey compliments several marine seismic and geochemical projects recently completed by Searcher aimed at assessing the hydrocarbon potential […]

  • US Navy Commissions Third LCS USS Fort Worth

    25 September 2012
    Business & Finance

    The U.S. Navy commissioned the nation’s third Littoral Combat Ship – USS Fort Worth (LCS 3) – in Galveston, Texas, officially placing the ship designed and constructed by a Lockheed Martin-led team into active service. Fort Worth, the second of the Freedom-variant in the LCS class, successfully passed Acceptance Trials in May and was delivered […]

  • Bahamas Petroleum Completes Initial Processing of Pearl 3D Seismic Survey

    16 January 2012
    Business & Finance, Operations & Maintenance

    Bahamas Petroleum Corporation announces the initial processing of the Pearl 3D seismic survey has been completed. Data quality is excellent and data volumes have been received in both time and depth. Detailed interpretation is now underway and will form the basis for well location selection, well design and planning. Processing at this initial stage has […]

  • Wärtsilä On a Roll

    16 December 2015
    Business & Finance

    Three new 21,800 dwt chemical tankers, being built for Swiss-Canadian Maritime Ltd, will feature integrated propulsion and power generation systems from Finnish engineering company Wärtsilä. The 153 metre long tankers, under construction at two different shipyards in Vietnam, will be managed by Switzerland based ABC Maritime A.G. The vessels, which will operate between Rotterdam in the Netherlands and […]

  • UASC Eyes Reefer Expansion

    11 November 2014
    Business & Finance

    Container shipping line United Arab Shipping Company (UASC) revealed plans to make significant investment in new reefer units at WOP Dubai, the international perishables expo for the Middle East. UASC said that the expansion of its fleet of refrigerated units and enhanced geographic access to the South America trades – following UASC’s recently announced cooperation […]

  • SCS Multiport Adds Zeebrugge – Tilbury Route

    1 August 2014
    Business & Finance

    Port of Tilbury, owned by Forth Ports Limited, and Port of Zeebrugge / MBZ have announced that SCS Multiport will add a brand new route to their current Amsterdam-Tilbury service to deliver Far East deep sea transhipment and continental loads between the container ports of Tilbury, Amsterdam and Zeebrugge.   This new regular service, which begins […]

  • 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 […]