3673 results found for 'cgx'

3673 results found for 'cgx'
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  • Drewry: New Asia-West Africa Services Result in Weak Rates

    6 September 2017
    Business & Finance

    A demand growth recovery in the Asia-West Africa container shipping trade inspired two new fortnightly services, but freight rates have responded poorly, shipping consultancy Drewry informed. Carriers have reacted to the upturn in demand by introducing two fortnightly services. The first, the joint WAX2/FEW5 from Maersk Line and CMA CGM was resurrected after being suspended […]

  • Spotted: Marion Dufresne II Sails to Port of La Réunion

    3 August 2015

    The renowned French research vessel, Marion Dufresne II, left Damen Shiprepair Dunkerque in northern France on 28 July having recently undergone sea trials and a complete renovation. The oceanographic research vessel set sail for the Port of La Réunion where she will resume her logistic and scientific journey to the French Southern and Antarctic Lands. […]

  • Top News of the Week 16th – 20th of June

    22 June 2014
    Business & Finance

    China Rejects P3 Network, Plan Abandoned The Ministry of Commerce (MOFCOM) of the People’s Republic of China denied support to the P3 Network, proposed by Mærsk A/S (Maersk Line)  together with MSC Mediterranean Shipping Company S.A. and CMA CGM S.A. The MOFCOM’s decision follows a review under China’s merger control rules.   Rising Concern over […]

  • Incat Crowther Launches First of Three New Coastal Survey Catamarans

    13 September 2011
    Business & Finance

      Incat Crowther announces the launch and delivery of Humber Guardian, the first of three new coastal survey catamarans. UK’s Mustang Marine delivered Humber Guardian to Briggs Marine in August. The vessel will be deployed by Briggs Marine to support coastal survey operations for the Environment Agency of England and Wales. Incat Crowther worked with […]

  • Dolphin Geophysical Signs Contract with GXT for 2D Seismic Acquisition Survey in Eastern Greenland

    10 June 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Dolphin Geophysical has signed a contract with ION’s GX Technology group (GXT) for a three month 2D SPANS seismic acquisition survey in Eastern Greenland. The project will be acquired by Polar Explorer, the Company’s first 2D vessel, with acquisition commencing mid-July 2011. The vessel will transit directly from its current project in Nigeria to […]

  • Dalian cuts steel for MSC’s LNG-powered 16,000 TEU boxship

    22 May 2023
    Business Developments & Projects, Green Marine, Vessels

    Dalian Shipbuilding (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has kicked off construction of another LNG-powered 16,000 TEU containership for Swiss shipping giant Mediterranean Shipping Company (MSC). The construction of the ship began on 15 May with the steel-cutting ceremony at DSIC’s Tianjin Base. The ship has a total length of about 366 metres, […]

  • BEST sets sights on becoming greenest container terminal in Mediterranean

    16 December 2021
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Hutchison Ports BEST, a semi-automated terminal, aims to become the greenest container terminal in the Mediterranean with 100% electricity coming from renewable sources starting from 2022.

  • Searcher Seismic Gears for PNG Survey

    30 October 2017
    Business & Finance, Equipment, Operations & Maintenance

    Searcher Seismic started preparations for regional multi-client airborne gravity, gravity-gradiometry and magnetics survey over the near-shore areas, Gulf of Papua. The Roho Airborne Gravity, Gravity-Gradiometry and Magnetics Survey covers approximately 60,700 square kilometres (~51,000 line km equivalent) along the southern coast of PNG. The survey follows several marine seismic and geochemical projects recently completed by […]

  • Port Everglades Posts Record December Box Throughput

    7 February 2017

    Following the introduction of new container shipping services at Florida’s Port Everglades, the port had a record-setting month in December 2016.  With 104,590 TEUs moved through Port Everglades, this was the highest producing month in the port’s nearly 90-year history and a 15 percent rise over December 2015, according to the port. Much of the increase can be […]

  • HMM Joins NYSHEX

    24 July 2018
    Business & Finance

    Hyundai Merchant Marine has become the newest carrier member of NYSHEX.

  • First Vessel Over 13,000 TEUs Calls at Port of NY & NJ

    18 July 2017

    On July 17, Hong Kong-based container carrier Orient Overseas Container Line (OOCL) and Salt Lake City, Utah, sailed the largest containership to date into the Port of New York and New Jersey. The 13,208 TEU OOCL Berlin measures longer than 1,200 feet – or the equivalent of 4 football fields – and is the largest vessel […]

  • World Dream Delivered to Genting Hong Kong

    27 October 2017
    Business & Finance

    German shipbuilder Meyer Werft has handed over the new cruise vessel World Dream to the Asian shipping company Dream Cruises, a subsidiary of Genting Hong Kong. The new ship can accommodate 3,376 passengers and is 335 meters long, 39.7 meters wide and can reach a speed of more than 23 knots. This cruise ship also […]

  • Alphaliner: No Room for Overcapacity Fears from New ULCVs

    12 September 2017

    The fresh overcapacity fears in Asia-North Europe trade, sparked by the rumored new orders for Ultra Large Container Vessels (ULCV) of 22,000 TEU, seem to be unfounded. Namely, according to Alphaliner’s estimates, the newbuildings of 14,000-22,000 TEU that are to be introduced will only increase Asia-North Europe capacity by some 7% in 2018, with 2019 growth expected […]

  • GSF Blames Legal Uncertainties for P3 Downfall

    20 June 2014
    Business & Finance

    Pulling the plug on the plans to set up an operational alliance between the world’s three biggest container shipping groups (Maersk, Mediterranean Shipping Company and CMA-CGM), the so called P3 Network,  by Chinese regulators was caused by legal uncertainties, the Global Shippers’ Forum (GSF) claims. The group had hoped to form the so-called P3 Alliance […]

  • Singapore-based Container Carrier APL Wins Second Major Award

    14 October 2011
    Business & Finance

      International maritime experts yesterday again named APL the world’s best shipping line, and honoured it for outstanding innovation. The Singapore-based container carrier received the Global Ocean Carrier of the Year award as well as the Innovation IT of the Year award here at the Containerisation International awards. An eight-strong judging panel selected APL from […]

  • France: Sercel Introduces Multi-Sensor Sentinel Solid Streamer

    11 June 2013
    Business & Finance, Equipment, Research & Development

    Sercel announces the launch of Sentinel® MS, its new multi-sensor solid streamer to address the needs of the E&P Industry for ever more detailed and accurate images of the subsurface. Sentinel MS builds on the success of the Sentinel solid streamer. In addition to the high-quality pressure measurement provided by its hydrophone sensor the new […]

  • Norway: STX Secures Contract for PSV Vessel of Own Design

    16 February 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 of own design for an undisclosed international customer. The vessel is scheduled for delivery from STX OSV […]

  • HPH Trust Issuing Notes

    18 March 2015
    Business & Finance

    Singapore-listed container port business trust Hutchison Port Holdings Trust (HPH Trust) is raising funds through issuance of notes seeking to refinance its subsidiaries’debts. HPH Trust has through its subsidiary HPHT Finance issued the USD 500,000,000 guaranteed notes due 2018 and USD 500,000,000 guaranteed notes due 2020. The notes due 2018 are issued at an issue […]

  • France: Elengy Terminals Blocked amid Strike

    24 May 2016
    Business & Finance

    Loading and unloading operations at Elengy terminals in France have been suspended due to a workers’ strike. The strike was launched on Tuesday and is expected to last for 24 hours. However, the terminal operator company warned of a possibility that due to the impact of the strike there would be no send-out and no unloading […]

  • Alphaliner: Battle Lines on East-West Routes Being Drawn

    9 November 2016
    Business & Finance

    Although the new carrier alliances will only start operating from April 2017, battle lines on the main east-west routes are already being drawn, after the OCEAN Alliance and THE Alliance unveiled the respective service networks, according to Alphaliner. The OCEAN Alliance will start with an initial deployment of 331 ships with an aggregate capacity of […]

  • OOCL Owners Waiting For the Offer They Can’t Refuse

    18 January 2017
    Business & Finance

    The share price of Orient Overseas (International) Limited (OOIL), parent company of the container carrier Orient Overseas Container Line (OOCL), continues to trade at a significant discount to book value despite a recent price surge that came amidst speculation that OOIL’s container shipping business unit could be up for sale, according to Alphaliner. While several […]

  • Swissco selling anchor handler to reduce debt. Seeks to avoid shareholder vote

    13 April 2017

    Singapore’s debt-laden offshore vessel owner Swissco is set to sell its anchor handling vessel the Coral Knight. The company, currently managed by Interim Judicial Managers, said on Thursday it had agreed to sell the vessel to Australian Maritime Systems Asset holdings. The vessel, built in 2014, is already on a bareboat charter with the buyer. The […]

  • Grandweld Delivers Seismic Support Vessel to Bourbon

    4 December 2013

    Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City.   The 54metre length, 50 tons bollard pull vessel will […]

  • ECIU: Four Offshore Wind Farms Could Replace Hinkley C at Lower Cost

    26 August 2016
    Authorities & Government, Business & Finance, Environment, Research & Development

    The UK can meet its energy and climate change targets even if the proposed Hinkley Point C nuclear power station is not built, and alternatives, including the construction of additional offshore wind farms, work out cheaper, according to a report by the Energy and Climate Intelligence Unit (ECIU). Replacing all electricity generated by the proposed Hinkley Point […]

  • UK: Incat Crowther Launches New Coastal Survey Catamaran Humber Guardian

    13 September 2011

    Incat Crowther is pleased to announce the launch and delivery of Humber Guardian, the first of three new coastal survey catamarans. UK’s Mustang Marine delivered Humber Guardian to Briggs Marine in August. The vessel will be deployed by Briggs Marine to support coastal survey operations for the Environment Agency of England and Wales. Incat Crowther […]