3679 results found for 'cgx'

3679 results found for 'cgx'
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  • Is There Room for Consolidation in the Dry Bulk Industry?

    26 January 2018
    Business & Finance

    There are opposite opinions when it comes to consolidation in the dry bulk shipping industry.

  • Norway: STX OSV Secures Contract for Construction of Two PSV for Island Offshore

    9 June 2011

    STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, is pleased to announce that it has secured new contracts for the construction of two Platform Supply Vessels (PSV) for Island Offshore. The total value of the contracts amounts to approximately NOK 750 million(139.1 million USD). The vessels […]

  • Dual-Fueled Fracking Unit Part of Cummins COE Tour at World LNG Fuels 2014

    12 January 2014

    World LNG Fuels 2014 will feature two high-impact tours: Cummins’ Center of Excellence and INOXCVA’s LNG Tank and Railcar manufacturing facility. As part of the Cummins’ Center of Excellence tour the morning of Jan. 21 participants will be able examine a dual-fueled high-pressure pumping unit, commonly called a fracking rig. “Technicians at Cummins’ Center of […]

  • USA: Manatee County Port Authority Approves Container Yard Construction

    20 April 2012
    Business & Finance

    The Manatee County Port Authority yesterday approved a $13 million contract with American Bridge Company for a 584-foot extension of Berth 12 and a 10-acre container yard, finishing a port expansion project originating in 1997. The project is expected to be complete by mid-2013, well in advance of the on-going expansion of the Panama Canal […]

  • Damen to supply emission-reduction technologies for bulker retrofit project

    5 June 2024
    Business Developments & Projects, Project & Tenders, Technology, Vessels

    Dutch shipbuilder Damen Shipyards has received a contract to provide fuel-saving and emission-reduction technologies for bulker retrofit project.

  • Jamaica: Dredging to Bring Benefits to KCT

    18 February 2014
    Business & Finance, Equipment, Technology

    Dredging of the Kingston Harbour, as part of the Government’s Global Logistics Hub development, is awaiting selection of an approved bidder, who will manage operations at the Kingston Container Terminal (KCT). This was stated by Chairman and Chief Executive Officer of the Port Authority of Jamaica (PAJ), Professor Gordon Shirley, at the opening of a […]

  • Matson unveils new environmental sustainability goals

    4 November 2021
    Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    US-based transportation and logistics company Matson has committed to reducing fleet greenhouse gas (GHG) emissions by 40 percent by 2030 and achieving net-zero fleet GHG emissions by 2050.

  • BIMCO: 45 ULCVs ordered in March

    8 April 2021
    Business & Finance, Vessels

    A total of 45 ultra large containerships were ordered in March 2021, marking a major turnaround in the container shipping sector, data from BIMCO shows. Adding to this, 27 orders for ‘smaller’ sized ships were placed in the same month, bringing the total order capacity to 866,060 TEU. The ordering spree has been assigned to […]

  • WHL Prepares ‘La Bella’ Seismic Survey

    9 October 2013

    Australian energy company WHL Energy Limited has signed a contract with CGG Services SA for the acquisition of the La Bella 3D seismic survey. The survey will utilise CGGs’ Viking II vessel to acquire data with state-of-the-art Broadseis™ broad band seismic acquisition technology. The survey will start in mid-November and take approximately one month. An […]

  • Spanish Dockworkers Cancel Strikes to Resume Talks

    3 March 2017

    Spanish dockworkers unions have decided to call off the strikes scheduled for March 6 and 8 as a new window of opportunity opens for continuation of negotiations on the port reform model. Namely, the opposition parties have denied their support to the royal decree on port reform the Spanish Council of Ministers approved on February 24, thus […]

  • France: CGGVeritas Provides Vessel Utilization Update for 3rd Q 2010

    8 October 2010
    Business & Finance, Project & Tenders

    CGGVeritas  provides its vessel utilization and its fleet allocation updates for the third quarter of 2010. Vessel utilization for the third quarter 2010: * The vessel availability rate1 was 87%. This compares to a 92% availability rate in the second quarter of 2010 and a 90% rate in the third quarter of 2009. * The […]

  • Crane Falls at Jebel Ali Port after Boxship Collision, No Fatalities

    8 May 2017
    Business & Finance

    A CMA CGM container vessel collided with the harbour wall while berthing at Jebel Ali Port, Terminal 1 on May 4 striking the leg of a quay crane causing it to fall, Dubai-based terminal operator DP World confirmed. A second crane was also shifted off its rails during the incident but remained upright and stable. […]

  • Mainstream, DNV GL Validate Floating LiDAR

    18 September 2014
    Research & Development, Technology

    On behalf of Mainstream Renewable Power, DNV GL has successfully completed an independent validation assessment of the FLiDAR offshore wind measurement device. Based on the results, FLiDAR’s floating LIDAR (Light Detection and Ranging) device has now formally reached Stage 2 on the Carbon Trust Offshore Wind Accelerator Roadmap for commercial acceptance. Floating LiDAR technology uses […]

  • Slashing Capacity the Only Way to Go for Shipping

    6 January 2016

    The shipping industry is to remain volatile and indispensable in 2016, international accountant and shipping adviser Moore Stephens says. According to Moore Stephens shipping partner Richard Greiner, the dry bulk sector will probably have to reduce the newbuilding orderbook and increase ship recycling in 2016 in order to restore the balance, instead of blaming China’s insufficient […]

  • USA: Port of Oakland Appoints New Executive Director

    24 May 2013
    Business & Finance

    The Port of Oakland Board of Commissioners announced the appointment of maritime shipping industry veteran Chris Lytle as the new Executive Director of the Port of Oakland. This announcement comes after a four-month global search to find a world-class, transformative business leader who could quickly address the Port’s opportunities and challenges. “The Port Commission set […]

  • Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room

    28 October 2015
    Business & Finance

    GTT, CMA CGM (and its subsidiary CMA Ships) and DNV GL released a technical and feasibility study for a new mega box ship today – the Piston Engine Room Free Efficient Containership PERFECt. The concept vessel is LNG-fuelled, powered by a combined gas and steam turbine, and is electrically driven. Exploring this novel configuration resulted […]

  • CSET sets up new entity focused on LPG shipping and hydrogen

    11 December 2024
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy

    China’s tanker major COSCO Shipping Energy Transportation (CSET) has established a new subsidiary centered around LPG fleet development and hydrogen-based new energy business.

  • COSCO Gets Nod for OOCL Takeover in the Nick of Time

    2 July 2018
    Business & Finance

    COSCO Shipping Holdings gets the ‘all clear’ from the Chinese anti-trust body for its takeover of OOCL.

  • Chinese Banks- New Source of Capital for Shipping?

    21 September 2017
    Business & Finance

    Chinese banks seem to be the emerging power when it comes to securing capital for the shipping industry. The market has been dominated by European lenders which are starting to turn to a more localized strategy as they work to trim down their exposure to bad shipping loans. This is in particular seen in Germany, […]

  • SASAC Gives Green Light to COSCO-OOCL Deal

    8 September 2017
    Business & Finance

    China’s State‑owned Assets Supervision and Administration Commission (SASAC) has approved the bid from COSCO Shipping Holdings Co to take over Orient Overseas (International) Limited. Under the offer launched in July, COSCO Shipping Holdings and Shanghai International Port Group (SIPG) seek to acquire all issued OOIL shares at an offer price of HKD 78.67 (USD 10.07) in cash, totaling in […]

  • Nam Cheong on Track to Set New Record FY2013

    13 August 2013

    Nam Cheong Limited (Nam Cheong), a leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, reported strong results performance with a 83 % surge in net profit to RM 41.1 million for the three months ended June 30, 2013 (2Q 2013), from RM 22.5 million in the corresponding period last year […]

  • EUROGATE: Container Volumes Up by 7% Europe-Wide

    7 February 2014
    Business & Finance

    For the first time since 2008, the EUROGATE Group last year surpassed the 14 million TEUs mark with 14.2 million standard containers (TEU) handled Europe-wide. This is an increase of 7.3 per cent over the previous year. The growth drivers of the EUROGATE Group in 2013 were the Italian Mediterranean terminals with over 11 per […]

  • Germany: EUROGATE Welcomes First Container Vessel

    21 September 2012

    Yesterday evening at around 10 p.m. the MV “Maersk Laguna” was the first container vessel to tie up at the quayside of the EUROGATE Container Terminal Wilhelmshaven, Germany’s only deep-water container terminal. The mooring of the Maersk container ship is a milestone and marks the official start of operations of the container terminal, which is […]

  • Singapore: Miclyn Express Offshore Appoints New CFO

    8 April 2011
    Business & Finance

    Miclyn Express Offshore  announces the appointment of Mr. Derek Koh to the post of Chief Financial Officer (CFO). Mr. Koh is a UK Chartered Accountant with over 22 years of broad experience in professional practice and industry. He most recently held the position of CFO for an SGX-listed, Asian oil & gas multi-national. Prior to […]

  • Kreuz’s Revenues Increase in 3Q 2012 (Singapore)

    12 November 2012
    Business & Finance

    Kreuz Holdings Limited, an integrated subsea service provider for the oil and gas industry, today reported that the Group’s revenue increased 33.6% to US$45.5 million for the three months ended September 30, 2012 as compared to US$34.1 million in the previous corresponding period. Net profit was US$10.4 million for 3Q2012 compared to net profit of […]