3673 results found for 'cgx'

3673 results found for 'cgx'
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  • ITF, ETF Stand Firm behind Rotterdam Dockworkers’ Strike

    8 January 2016

    The International Transport Workers’ Federation (ITF) and European Transport Workers’ Federation (ETF) voiced their support to the affiliated Dutch dockers’ union FNV Havens as they began industrial action on Thursday 7 January at the Port of Rotterdam. Union members walked out of work and onto the picket line at 3.15pm local time after employers failed to […]

  • APM Terminals Itajaí Raises Productivity Bar

    7 May 2015
    Business & Finance

    APM Terminals Itajaí, Brazil set a new productivity record by completing 125 Berth Moves per Hour (BMPH) on April 26th while working the 8,600 TEU capacity Maersk Lamanai, the terminal operator said. The vessel, part of the weekly Europe/East Coast of South America Samba Service, docked at 2:00 PM, with the terminal performing 1,106 container […]

  • Manila Port Utilization Improving, Congestion Impact Lingers

    24 February 2015
    Business & Finance

    Utilization level at Manila South Harbor (MSH) and the Manila International Container Terminal (MICT) are coming back to normal levels, the Philippine Ports Authority claims. As of Friday, February 20th the utilization is at 76.5% or approximately 62,300 twenty-foot equivalent units at the MSH and the MICT. The level is 3.5 percentage points lower than […]

  • Stronger Dollar Mixed Blessing for Transatlantic Volumes

    23 February 2015

    A strengthening dollar versus the Euro in the latter months of 2014 splintered the growth directions for the west and eastbound Transatlantic trades, according to Drewry. Westbound Transatlantic container traffic grew by 8.4% in 2014, according to Drewry’s preliminary estimate. The trade was given a massive end-of-year boost as volumes barely dipped from the 3Q-peak season […]

  • Momentous Year for Westports

    13 February 2015
    Business & Finance

    Malaysian port operator Westports Holdings Berhad achieved record operational revenue of RM 1.50 billion and profit after tax of RM 512 million (USD 141.2 million) in 2014. The record level of operational revenue in 2014, increased by 11.5%, has been supported by the expansion of container terminal (CT 7), enabling  Westports to raise its performance to record level of […]

  • Norway: STX OSV Bags USD 86.8 Mln Contract for Construction of One Subsea Support Vessel

    19 March 2012

    STX OSV Holdings Limited (STX OSV), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract for the construction of one advanced subsea support vessel for Island Offshore. The value of the contract amounts to more than NOK 500 million(approx USD 86.8 million). The vessel will be […]

  • Palmer Petroleum Strikes Gas Offshore PNG

    23 August 2013

    The chairman of Palmer Petroleum Clive Palmer today announced 3D seismic surveys have identified a potential $US35 billion gas region off the coast of Papua New Guinea to rival Western Australia’s North West Shelf. Mr Palmer said what could be one of the world’s largest offshore gas fields had been confirmed following extensive exploration by […]

  • Market monitor 2013: Overcapacity in the world fleet

    6 February 2013

    The maritime sector has been hit hard in recent years. Increasing costs and decreasing earnings have squeezed cash flows, and continue to do so. Since 2008, the world fleet has grown by 37%, whilst world demand volumes increased only 9%. As a result, the already existing overcapacity in the shipping market has been growing, instead […]

  • RoRo Passenger Dies after Evacuation off Philippines

    16 July 2019

    A passenger of a roll-on/roll-off vessel died after being medevaced off Cebu, Philippines, on July 10.

  • Deutsche Bucht Jacket Load-Out in Vlissingen

    22 February 2019
    Operations & Maintenance

    The load-out of the jacket for the Northland Power’s Deutsche Bucht offshore wind farm offshore substation took place in Vlissingen, the Netherlands on Tuesday. The jacket, weighing more than 1,700 tons shall be shipped to the German North Sea at the beginning of March, the company said. The substation topside, which was assembled at the […]

  • Port of Esbjerg Takes Over Newly Expanded Area

    24 October 2017
    Business & Finance, Ports & Logistics

    Following the completion of the works on the expansion at the Port of Esbjerg, the port took over the new harbour area in mid-October. 

  • Matson completes third LNG dual-fuel boxship retrofit

    13 December 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    U.S. shipowner Matson has wrapped up the conversion of its third containership to run on liquefied natural gas (LNG) as part of the long-term strategy to reduce greenhouse gas (GHG) emissions.

  • New assessment tool targets maritime industry’s ESG goals

    31 December 2024
    IT & Software

    The Integrated Transport Centre (Abu Dhabi Mobility), part of the Department of Municipalities and Transport, and Abu Dhabi Maritime, part of AD Ports Group, have unveiled a new tool that aims to support maritime sector stakeholders in achieving their environmental, social, and governance (ESG) goals. Developed by Maqta Technologies Group, the tool, dubbed MARSDNA (an […]

  • USA: Peterbilt LNG Truck Earns SmartWay Designation

    19 September 2011

    Peterbilt Motors Co. announced that it has received accreditation for developing the industry’s first U.S. Environmental Protection Agency SmartWay-designated alternative fuel vehicle. The SmartWay Program has recognized Peterbilt’s Model 386 liquefied natural gas (LNG) truck as meeting the established fuel-saving low-emission sequipment requirements set for Class 8 trucks. The Model 386 LNG will join Peterbilt’s […]

  • Baker Hughes takes on multi-year gig for Petrobras’ fields offshore Brazil

    10 June 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Baker Hughes has been hired on a long-term workover and plug and abandonment (P&A) services assignment by Petrobras.

  • Port of Le Havre deploys ShoreTension system across all terminals

    11 April 2023
    Green Marine, Infrastructure, Innovation, Ports & Logistics, Technology, Vessels

    The Port of Le Havre has announced the deployment of the ShoreTension mooring reinforcement system on all its terminals after several months of successful testing. The ShoreTension system, developed by KRVE, uses advanced software and sensors to monitor the mooring tension and adjust it in real-time. The solution consists of special mooring ropes in Dyneema®, […]

  • Wärtsilä secures Stage V certification for marine engine

    1 October 2021
    Business Developments & Projects, Certification & Classification, Environment, Equipment, Infrastructure, Regulation & Policy, Technology, Transition

    Finnish technology group Wärtsilä has received marine sector commercial certification for compliance with the EU’s Stage V standards.

  • Major global liners under FMC investigation over congestion surcharges

    5 August 2021
    Rules & Regulation

    The U.S. Federal Maritime Commission has sent inquiries to eight major global ocean carriers to provide details about congestion and related surcharges they have implemented or announced.

  • Baltimore Harbor Maintenance Dredging About to Begin

    2 February 2017
    Business & Finance, Project & Tenders

    Great Lakes Dredge and Dock (GLDD) is about to begin a $14.1 million worth Baltimore Harbor dredging project. Dredging in the harbor and channels is expected to begin in the coming days and is primarily being performed to ensure continued safe navigation for vessels going in and out of the Port of Baltimore, reported the U.S. Army […]

  • Ezra’s FPSO Lewek Arunothai Chartered Out to Hess E&P Malaysia

    14 November 2012
    Business & Finance

    The production division of Ezra Holdings Limited, EOC Limited (EOC), has secured via EOC’s Malaysian agent, Larizz Petroleum Services Sdn Bhd, its first award from Hess Exploration and Production Malaysia B.V. for the charter of the Group’s Floating, Production, Storage and Offloading (FPSO) vessel, the Lewek Arunothai. EOC is the 45.7% owned associate company and […]

  • Germany: Wilhelmshaven Welcomes First Container Vessel

    21 September 2012
    Business & Finance

    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 […]

  • Rotterdam Port to Optimise Its Services with New Standards

    21 September 2017
    Business & Finance

    The establishment of international standards for nautical port information could witness the introduction of new services, according to the Port of Rotterdam Authority. “With these standards as a base, we can not only optimise the services to our clients…but also develop new services that make the logistics chain more efficient,” Allard Castelein, President of the Port […]

  • Maersk CEO: Five or Six Container Carriers to Survive Consolidation

    14 August 2017
    Business & Finance

    Further consolidation in the container shipping market seems to be imminent and is likely to result in the survival of five or six top carriers, according to the Chief Executive Officer of AP Møller Mærsk A/S, Søren Skou. In an interview with the Financial Times, Skou is cited as saying that “the consolidation trend in the past 24 […]

  • Viking Invests in Second Rig

    12 March 2014
    Business & Finance

    Viking Offshore & Marine Limited (Viking) said that the company would participate in the ownership of a second cantilever drilling jack-up rig, further strengthening its partnership with Singapore rig veteran, Mr Chan Kwan Bian as it accelerates its entry into mainstream offshore rig chartering. Mr Chan has a contract with a yard to build the […]

  • UASC: Shipping Alliances Will Stifle Smaller Operators

    1 October 2014
    Business & Finance

    John Hinge, President and CEO of United Arab Shipping Co. (UASC) believes shipping alliances will help the box markets on what he called ”a slow journey to recovery,” stabilising the freight rates along the way, the Wall Street Journal reports. UASC President has projected a bright outlook for major box shippers who have been struggling with […]