3673 results found for 'cgx'

3673 results found for 'cgx'
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  • Douglas-Westwood: Floating Production Deployments Set for Major Increase

    19 February 2014
    Business & Finance

    Douglas-Westwood’s new World Floating Production Market Report forecasts that between 2014 and 2018 $99 billion (bn) will be spent on floating production systems (FPS) – an increase of 138% over the preceding five-year period. Report author, Damilola Odufuwa, commented, “FPSOs will form the largest segment of the market (80%) both in terms of units installed […]

  • BW Offshore Clinches $150 M Contract for Brazilian FPSO OSX-1 Completion

    2 August 2010

    BW Offshore has signed the contract for the completion of the FPSO OSX-1, a project with an approximate value of the scope of USD 150 million. BW Offshore will act as the project manager, assisting the owner, a subsidiary of the Brazilian publicly traded company OSX Brasil S/A, providing engineering services, detailing the equipment required […]

  • Carriers Talking New Alliance Proposal with FMC

    11 May 2016
    Business & Finance

    The latest market rumors on the formation of a new global carrier alliance seem to be true as companies that have been left out of the recently announced partnerships are gearing up to reveal a new alliance formation. Specifically, representatives of the liner companies are going to meet today with the United States Federal Maritime Commission to discuss their proposal, […]

  • 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 […]

  • Iran Connects to China with New Shipping Route

    2 February 2016

    A new shipping route has been launched between China and Iran following the sanctions lifting against Tehran. Namely, the arrival of the Iranian containership Perarin to Qinzhou Port on Wednesday marked the official kick off of the first shipping service to link Middle East and Beibu Gulf, Guangxi Beibu Gulf Int. Port Group confirmed to Chinese news […]

  • Keel Authenticated for U.S. Navy’s Eleventh LCS

    20 February 2014

    Marinette Marine Corporation yesterday held a keel-laying ceremony for the U.S. Navy’s eleventh Littoral Combat Ship (LCS), the future USS Sioux City. Lockheed Martin-led LCS team that includes ship builder Marinette Marine Corporation, a Fincantieri company, naval architect Gibbs & Cox, as well as nearly 900 suppliers in 43 states, including approximately 30 small businesses […]

  • Matson Orders Two LNG-Ready Containerships from Aker Philadelphia Shipyard (USA)

    7 November 2013
    Project & Tenders, Vessels

    Aker Philadelphia Shipyard has been selected by Matson Navigation Company to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 and will not require additional financing by APSI. The 850 foot long vessels […]

  • Ashutosh Karnatak Takes Charge as Director (Projects) of GAIL

    3 March 2014

    Ashutosh Karnatak has taken over charge as Director (Projects) of GAIL (India) Limited. Prior to his appointment as Director (Projects), Karnatak served as Executive Director (Projects) in GAIL. During his rich career span of over 30 years, he has managed diverse infrastructure projects such as construction of cross country trunk pipelines like Dabhol – Bangalore, […]

  • Santos Names New Board Member

    24 February 2014

    Santos Chairman, Ken Borda, announced the appointment of Scott D. Sheffield to the Santos Board as an independent non-executive director. Sheffield is Chairman and Chief Executive Officer of Pioneer Natural Resources Company, which is listed on the New York Stock Exchange and included in the S&P 500 Index. Sheffield has been Chief Executive Officer since […]

  • British Chamber of Shipping Elects New President and Vice-President

    28 March 2012
    Business & Finance

    Helen Deeble (Chief Executive of P&O Ferries) and Kenneth MacLeod (Chairman of Stena Line (UK)) yesterday elected President and Vice President of the Chamber of Shipping at its Annual General Meeting. In her inaugural address, the President described the stability of the industry’s operating environment as being of “paramount importance”, both in terms of tax […]

  • Maersk Line Heads to Sanctions-Free Cuba

    25 April 2016
    Business & Finance

    World’s largest container carrier Maersk Line is starting its first direct service from Ireland to Cuba following the removal of economic sanctions on the country. The first port call in Mariel, Cuba took place already on 22nd April and the stop is part of the “CRX – Southbound” service operated by Maersk Line, which connects Cork in Ireland with […]

  • KPCL Adds New Maersk Salalah Service

    25 April 2016
    Business & Finance

    Danish container shipping major Maersk Line has launched a direct, weekly service from India’s deep water Krishnapatnam Port to Salalah in Oman by inaugurating the maiden call of M/V Maersk Bentonville. Featuring a gross tonnage of 4,504 t, the 53,201 dwt boxship was built in 2006. The weekly service is to serve to exporters and importers of Andhra Pradesh, Telangana, […]

  • Long Beach Delegation to Discuss Congestion Issues with European Liners

    12 March 2015
    Business & Finance

    Long Beach Mayor Robert Garcia is leading a Port of Long Beach delegation on a weeklong business development trip this week to meet with executives at the European home offices of the world’s three largest shipping lines. The shipping lines that the delegation will visit are Copenhagen-based A.P. Moller-Maersk Group, Mediterranean Shipping Company in Geneva, Switzerland […]

  • Carnival Corporation Expands Presence in China

    27 January 2015
    Business & Finance

    Miami-based cruise operator Carnival Corporation signed a memorandum of understanding (MOU) with China Merchants Group (CMG) to explore the possibility of setting up a first domestic Chinese cruise line, as well as developing cruise ship destinations around the country. Through one possible joint venture Carnival and CGM would create the first-ever domestic Chinese cruise line specifically […]

  • Littoral Combat Ship – USS Fort Worth Enters Navy Fleet

    24 September 2012

    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 […]

  • Bowleven Successfully Tests IM-5 Off Cameroon

    19 April 2013
    Business & Finance, Equipment

    Bowleven, the Africa focused oil and gas exploration group traded on AIM, announced the results of the second test at the IM – 5 appraisal/development well drilling offshore Cameroon. A drill stem test (DST) has now been performed on the Intra Isongo reservoir interval and this following the Middle Isongo DST announced on 2 April 2013 completes the successful drilling and testing programme at IM – 5.

  • Germany: AWT Announces Its Fleet Decision Support System at SMM

    4 September 2012

    Applied Weather Technology, Inc. (AWT), announced today at SMM Hamburg its Fleet Decision Support System (FleetDSS). The new fleet management system is completely customizable, designed to improve efficiency and fleet safety while facilitating reductions in total voyage costs. “The shipping industry is in constant change and the needs of fleet managers change with it. To […]

  • AWT Announces Its Fleet Decision Support System at SMM Hamburg, Germany

    4 September 2012
    Business & Finance

    Applied Weather Technology, Inc. (AWT), announced today at SMM Hamburg its Fleet Decision Support System (FleetDSS). The new fleet management system is completely customizable, designed to improve efficiency and fleet safety while facilitating reductions in total voyage costs. “The shipping industry is in constant change and the needs of fleet managers change with it. To […]

  • Drewry: No Improvements to Asia-Med Rates Until June

    6 April 2015
    Business & Finance

    Even though the container carriers called for a rate increase (USD 800-USD 1,000 per teu) on April 1 in an attempt to get prices back well over the USD 2,000 threshold on the Asia-Mediterranean routes, any increase secured from this may only be cosmetic, and headhaul spot rates will remain fragile until peak season volumes arrive in mid […]

  • Minister: Singapore LNG Terminal Broadened Access to Worldwide Gas Sources

    28 October 2013

    Singapore consumers could soon enjoy cheaper and more stable electricity prices even as they help generate system-wide savings, S Iswaran, Minister in Prime Minister’s Office told delegates at the Singapore Energy Summit (SES) today. The win-win scenario could emerge once an electricity demand response programme is implemented in 2015. In an opening speech at the […]

  • Goodfuels makes it easy to go green

    13 June 2020
    Innovation

    A drop-in fuel solution for the maritime industry The transportation sector needs to reduce its emissions of CO2, SOx and NOx. This is a challenge, especially for the shipping industry. The lifetime of a vessel is 25 to 30 years, making the transition to newer, cleaner technologies a slow process. Modifications and conversions for existing […]

  • New ammonia terminal operations to be developed in Europe and America

    14 May 2024
    Business Developments & Projects, Collaboration, Operations & Maintenance, Outlook & Strategy, Project & Tenders, Research & Development

    Proton Ventures and LBC Tank Terminals have established a strategic joint venture aimed at developing ammonia terminal operations across Northwestern Europe and North America.

  • Shearwater returns to Edvard Grieg, divests four seismic vessels

    2 March 2022
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vessels

    Shearwater GeoServices has won a contract with Lundin Energy Norway to deliver a 4D ocean bottom seismic (OBS) survey at the Edvard Grieg field. The SW Cook and SW Tasman will conduct the one-and-a-half-month project (3 vessel months) in the North Sea during the 2022 summer season using its Qseabed crews. The contract marks Shearwater’s […]

  • POSH not receiving payments from Mexico

    22 May 2014

    PACC Offshore Services Holdings Ltd. (POSH), a Singapore-based supplier of offshore support vessels to the international oil & gas industry, is having problems with collecting cash in Mexico.

  • Blenheim Opts for BSG Ecology

    4 March 2020
    Business & Finance

    Blenheim Estate has enlisted the expertise of Oxfordshire based BSG Ecology to ensure the huge civil engineering program will cause minimum disruption to their fauna and flora. Wildlife surveys carried out by BSG Ecology ahead of the dredging has revealed the estate is home to a huge variety of wildlife including more than 50% of […]