3682 results found for 'cgx'

3682 results found for 'cgx'
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  • CMA CGM Sails to Profitability in 2017

    16 March 2018
    Business & Finance

    CMA CGM returned to profitability with a net income of USD 701 million, against a loss of USD 452 million in 2016.

  • CMA CGM Giant on a European Tour

    16 March 2018

    CMA CGM Antoine de Saint Exupéry, one of the largest ships in the world, is in the midst of its European tour.

  • CMA CGM Splits ASEA Service

    25 November 2014
    Business & Finance

    CMA CGM Group is dividing its Asia-East Africa (ASEA) service into two distinct services starting December 2014, the world’s third largest shipping company said in a release. ASEA Kenya will provide 4-day reduction in transit times to Kenya on the following rotation: Singapore, Tanjung Pelepas, Port Kelang, Colombo, Mombasa, Colombo, Singapore; while ASEA Tanzania will provide 8-day reduction in […]

  • GCX Repairs Red Sea Links

    24 February 2020
    Business & Finance, Equipment, Operations & Maintenance

    Global Cloud Xchange (GCX) subsea cables FALCON between Muscat and Suez, and FEA between Mumbai and Suez, are back in business following cuts offshore Port Suez in the Red Sea. GCX mobilized a cable ship through its partner in the Middle East, E-Marine to support with the repairs. The repairs of FALCON started on 8 […]

  • CGG Provides Vessel Utilization Update

    14 January 2014
    Business & Finance

    CGG provides its vessel utilization and fleet allocation updates for the fourth quarter and full year of 2013. Vessel utilization for the fourth quarter of 2013: The vessel availability rate1 was 83%, in line with Company forecasts made during the recent Capital Market Day and following the delay of recently awarded large contracts. This compares […]

  • Digital twin project aimed at curbing UK shipping emissions wins over $1M in funding

    18 September 2025
    Collaboration, IT & Software, Transition

    A consortium comprising the Scottish Heriot-Watt University’s Industrial Decarbonisation Research and Innovation Centre (IDRIC), IT and business consulting firm CGI, and Maritime UK has clinched over £1 million (roughly $1.3 million) from the United Kingdom government to craft a new digital twin solution for cutting shipping emissions. The funding was awarded via UK SHORE, the […]

  • CMA CGM Benjamin Franklin in Port of Oakland

    31 December 2015
    Business & Finance, Equipment, Technology

    The CMA CGM Benjamin Franklin, an 18,000-TEU megaship named in honor of one of America’s founding fathers, is expected to call at the Port of Oakland today, making it the largest container ship of this capacity ever to call at any port in the United States. The vessel, operated by France-based shipping line CMA CGM, […]

  • Sterling: CGG Starts Ambilobe 3D Shoot

    27 April 2015
    Business & Finance, Operations & Maintenance

    Sterling has kicked off its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. The acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within 45-50 days. The Ambilobe PSC, awarded in 2004, is in Phase […]

  • CGG terminates seismic vessel contract with Eidesvik

    1 July 2019
    Business & Finance

    Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to terminate the contract for the Viking Vanquish seismic vessel.

  • Kriegers Flak CGS launch delayed again

    3 July 2020
    Business Developments & Projects

    The launch of Kriegers Flak Combined Grid Solution (CGS) has again been delayed, now until the end of September. The final steps of the commissioning procedures for the overall CGS system are confronted with ongoing movement restrictions for the Swedish team members due to the coronavirus pandemic, according to Energinet. “50Hertz and Energinet are monitoring […]

  • CGG: First Quarter 2014 in Line with Expectations

    7 May 2014
    Business & Finance, Operations & Maintenance

    CGG, a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry, announced its non-audited 2014 first quarter results.   First quarter results reflecting execution of contracts secured end-2013 in low market conditions: – Revenue at $806m, – Operating income […]

  • BP, CGG in Marine Seismic Source Project

    28 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    CGG and BP have today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on successful prototype trials. Seismic surveys have for decades been the exploration […]

  • CGG in Seismic Survey Extension Offshore Colombia

    3 February 2016
    Operations & Maintenance

    CGG has been awarded an extension of 3D seismic survey on the Caribbean coast offshore Colombia. The new survey follows on from the original over 16,000 km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which, according to the company, was the largest survey ever recorded offshore Colombia. The extension is expected to start […]

  • CGG’s 3Q net income at $41 million

    6 November 2019
    Business & Finance

    French marine seismic company CGG reported Group net income of $41 million for the first quarter of 2019, compared to the previous year’s 3Q loss of $1.5 million. Group revenue was $323.4 million down $387.7 million in the third quarter of 2018. Operating income was higher in this year’s 3Q coming in at 98 million, […]

  • CMA CGM Puts Newbuild Duo to Work

    17 February 2015
    Business & Finance

    The French container carrier CMA CGM took delivery of the CMA CGM Loire and the CMA CGM Ural, the fifth and the sixth in a newbuild series of twenty-eight vessels of the 9,400 TEUs to 10,900 TEUs capacity. The Danube, Elbe, Litani and Tigris are the first in this series of container ships named after famous rivers of the world. […]

  • CMA CGM Reshuffles Asia-Europe Service

    3 September 2015
    Business & Finance

    French container shipping company CMA CGM and Ocean Three partners have decided to merge their FAL2 and FAL3 loops in order to adapt to the current market situation between Asia and Europe. This is the latest reshuffle in the trade amid collapsing freight rates spurred by lower demand on the trade this year. As informed, the new […]

  • Another Behemoth Joins CMA CGM’s Fleet

    28 July 2015
    Business & Finance

    French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State Shipbuilding Corporation. This 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest containership of the CMA CGM Group. It will sail under the UK flag. Calling 11 different countries, the […]

  • CMA CGM Gets First Guyanamax Ship

    23 July 2015

    CMA CGM Group’s first vessel of the Guyanamax series, CMA CGM Cayenne, was delivered in South Korea on July 21st. This vessel is 190 meters long and 30 meters wide, and has 2,100 TEU containers capacity. It was built by the Korean shipyard Hyundai Mipo Dockyard and will be sailing under the UK flag. CMA […]

  • Latest Triumphs of Full Waveform Inversion at CGG

    12 June 2013
    Business & Finance

    Full Waveform Inversion (FWI) uses every aspect of the recorded seismic wavefield to provide high-resolution earth models. CGG has demonstrated the benefits for many acquisition scenarios including ocean bottom, conventional streamer, BroadSeisTM variable-depth streamer and onshore. Algorithms such as Reverse Time Migration (RTM) can make full use of the detailed velocity models to produce clearer […]

  • CGG Begins OBN Survey in Gulf of Mexico

    14 May 2019
    Operations & Maintenance, Project & Tenders

    CGG has started its first multi-client ocean bottom node (OBN) survey, located in the north-central region of the Gulf of Mexico. The OBN survey will provide well-sampled, full azimuthal coverage with long offsets, to deliver exceptional data for imaging the geologically complex structures in Mississippi Canyon. Acquisition services are being provided by Seabed Geosolutions and […]

  • CGG cans seismic vessel deal with Eidesvik

    13 October 2016

    Norwegian offshore vessel provider Eidesvik Offshore and French geophysical company CGG have agreed to terminate with immediate effect the contract for the seismic vessel Viking Vision.   According to Eidesvik’s statement on Thursday, the contract was due to expire at the end of July 2017. The shipping company said that payment of the charter rate […]

  • CGG starts Saturno survey offshore Brazil

    5 October 2016

    CGG on Wednesday announced the start of a large broadband 3D multi-client survey in the pre-salt area of the deepwater Santos Basin, offshore Brazil.  Santos VII (Saturno) is the third phase in CGG’s pre-salt project known as the Santos Basin Trilogy. The project is designed to make ultramodern seismic datasets available as quickly as possible […]

  • Kriegers Flak CGS commissioning postponed again

    7 September 2020
    Business Developments & Projects

    The commissioning procedures for the Kriegers Flak Combined Grid Solution (CGS) have reached the final stage, according to Energinet. The system tests on the 400 MW offshore grid link are currently ongoing. Due to the solving of technical challenges that occurred in the tests, extra time is needed and commercial operation is expected for launch […]

  • CMA CGM remains optimistic despite coronavirus

    8 June 2020
    Business & Finance, Business Developments & Projects

    Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result.

  • CMA CGM obtains € 1.05 billion loan

    13 May 2020
    Business & Finance

    French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government. It is part of France’s State-guaranteed loan scheme […]