3673 results found for 'cgx'

3673 results found for 'cgx'
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  • Giant Boxships Good News for Rotterdam Port

    17 April 2015
    Business & Finance

    The Dutch Port of Rotterdam sees the increase in orders for giant container ships as a competitive advantage over rival ports. In recent months container shipping continued to increase in scale. In the last quarter the record for the largest container vessel in the world was broken twice, and it has now been announced that MOL (four 20,150 […]

  • DW: New oil & gas opportunities to emerge in Brazil despite challenges?

    4 July 2016

    Laden by corruption scandals and falling oil prices, Petrobras is struggling to repay $130 billion (bn) worth of debt – nearly $24bn will mature by 2017, Douglas-Westwood said in its DW Monday report.  Efforts to sell non-core assets (pipelines, powerplants, bonds etc.) have been slow going and any attempt to divest upstream operations impeded by red […]

  • European Shipowners Call for Free Market Access in China

    31 October 2014

    The European shipowners have called for removal of market barriers for international shipping in China’s ports at the 11th Implementation Meeting of the China-EU Maritime Transport Agreement. The meeting, hosted by the Water Transport Bureau of the Chinese Ministry of Transport, was held in Haikou from 20 to 22 October. The agenda featured an exchange of […]

  • Matson Overhauling Its Alaska Operations

    29 July 2015
    Business & Finance

    U. S. carrier Matson, Inc. is pushing ahead with its plans to fund improvements in its new Alaska operations following its acquisition of Horizon Lines’ Alaska services. Matson has earmarked more than USD 30 million to invest in new equipment planned by Horizon prior to its acquisition. Equipment upgrades to be made over the next three months […]

  • Conversion to methanol: The engine is the easy part

    8 March 2023
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Technology, Transition, Vessels

    Methanol is the fastest-growing alternative fuel option being adopted by shipowners today next to LNG. The rise in popularity, especially over the past year, has been boosted by a massive vote of confidence by one of the world’s largest container shipping companies, Maersk, the example of which has been followed by many of its peers, […]

  • 3D Oil awarded offshore permit close to ‘largest oil field ever discovered in Australia’

    29 July 2019

    Australia’s National Offshore Petroleum Title Administrator has awarded 3D Oil Limited the VIC/P74 permit in the offshore Gippsland Basin. 

  • IOG appoints new finances head

    13 September 2017
    Business & Finance

    Independent Oil and Gas (IOG), a development and production focused oil and gas company, has elected a new chief financial officer (CFO), effective immediately. IOG said on Wednesday that the company’s newly elected CFO was James Chance. He joined IOG in July 2015 and was most recently the company’s commercial director working extensively on IOG’s […]

  • SBI Offshore to design jack-up rig for Middle East-Chinese players

    19 August 2014
    Business & Finance, Equipment

    SBI Offshore Limited has secured a US$24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters. SGX Catalist-listed SBI Offshore said its wholly owned subsidiary, SBI O&M Pte. Ltd., signed the contract with a Middle East-Chinese Consortium which comprises six parties that have varied […]

  • Drewry: Europe-ECSA Box Volumes Break Three-Year Losing Streak

    19 March 2018
    Business & Finance

    Container volumes from Europe to ECSA broke a three-year losing streak with first annual growth since 2013.

  • Matson Overhauling Its Alaska Operations

    29 July 2015
    Business & Finance

    U. S. carrier Matson, Inc. is pushing ahead with its plans to fund improvements in its new Alaska operations following its acquisition of Horizon Lines’ Alaska services. Matson has earmarked more than USD 30 million to invest in new equipment planned by Horizon prior to its acquisition. Equipment upgrades to be made over the next three months […]

  • Pre-Qualification Open for Corozal Port Development

    27 November 2015
    Business & Finance

    The Panama Canal Authority (ACP) issued on Wednesday a Request for Qualifications (RFQ) for companies interested in competing to design, develop, finance, construct, operate and maintain the Corozal Container Terminal on Wednesday. The Corozal Container Terminal will be located at the Pacific entrance of the waterway, and is intended to be a common user container […]

  • Alphaliner: Container Carrier Giants End 2016 in Red

    12 April 2017
    Business & Finance

    Despite the freight rate improvements that followed the collapse of Hanjin Shipping in late August, the average operating margins of 13 main container carriers remained negative in the second half of 2016, according to Alphaliner. Due to the tough operating environment, only three carriers recorded positive operating results for the full year 2016, while the […]

  • Clarksons: China to Shorten White List to 59 Yards

    4 November 2016
    Business & Finance

    At the start of October 2016, a set of revised criteria was introduced for China’s White List of domestic shipyards, marking a further indication that the industry in China is likely to continue to downsize, according to Clarksons Research. Under the new criteria, builders can be dropped from the list if they suspend production or declare bankruptcy, merge […]

  • Port of New Orleans Breaks All-Time Container Record

    28 January 2019

    The Port of New Orleans (NOLA) set a new container volume record in 2018.

  • Fitch Ratings: Container Shipping Is Poised for Further Consolidation

    31 March 2014

    Consolidation in the container shipping segment via alliances or mergers is likely to accelerate due to persistent overcapacity and freight rates pressure, Fitch Ratings said. Recent developments, including the proposed merger of Hapag-Lloyd and CSAV, US regulatory approval of the P3 Network, and the expansion of the CKYH alliance to include Evergreen will all add […]

  • Lockheed Martin Team Lays Keel for US Navy’s Eleventh LCS

    20 February 2014
    Business & Finance

    The Lockheed Martin-led industry team officially laid the keel for the U.S. Navy’s eleventh Littoral Combat Ship (LCS), the future USS Sioux City, in a ceremony held at Marinette Marine Corporation. The industry team is building Freedom-class LCSs for the U.S. Navy, and has delivered two ships with five others under construction and one soon […]

  • Maersk Line Cuts Capacity on Asia – Europe Trade

    17 February 2012
    Business & Finance

    Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low levels. In order to rationalise its service, Maersk Line is removing 9% of its vessel capacity currently operating on the Asia – Europe trade. “With this adjustment we are able to reduce our […]

  • South Korea: Bureau Veritas Approves DSME’s New 14.000 TEU Container Ship

    19 January 2012

    Leading international classification society Bureau Veritas​ has given approval in principle for the basic design of a 14,000 teu containership to be powered by LNG. The design was developed in a joint industry project between Korea’s Daewoo Shipbuilding & Marine Engineering, liner major CMA-CGM and Bureau Veritas. Jean-Francois Segretain, deputy technical director, Bureau Veritas, says: […]

  • Naming Ceremony for UASC’s New Containership in Hamburg, Germany

    25 May 2012
    Business & Finance

    The AIN SNAN was delivered after a nine-month building phase in January of this year. The UMM SALAL, the first of nine UASC new builds in this size class already went into service in June 2011. During the course of the first five months of this year all nine vessels have been delivered from the […]

  • In focus: Is natural gas crucial element of energy transition?

    6 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels, Vision

    With the world adapting to emerging sources of supply and decarbonization technologies, the discussion about which fuel is the top contender for the successful energy transition continues. Despite the growing opposition to fossil fuels, some consider natural gas, primarily LNG, as the leading transition fuel, which will bridge the gap and pave the way towards […]

  • UK: Caledonian Geotech Appoints New General Manager

    4 September 2012

    Dundee-based Caledonian Geotech (CG), a provider of near shore hyrdographic, geophysical and geotechnical services in the oil and gas, civil engineering and ports industries, has announced the appointment of a new general manager. James Hailstones, , takes up the role at the company, which is a subsidiary of Aberdeen-based Specialist Subsea Services (S³), bringing with […]

  • Peterbilt Receives Vedder Transport Order for 50 LNG Trucks (USA)

    26 January 2011
    Project & Tenders

    Peterbilt Motors Company announces the purchase of 50 Model 386 liquefied natural gas (LNG) trucks by Vedder Transport Ltd. of Abbotsford, British Columbia, expanding Peterbilt’s leadship in alternative fuel truck manufacturing. “Peterbilt is dedicated to engineering environmentally friendly solutions that meet customers’ reliability and durability expectations,” said Bill Jackson, Peterbilt general manager and PACCAR vice […]

  • Photo of the Day: Thialf Installs Hohe See OSS Jacket

    7 June 2018

    Heerema’s vessel Thialf has installed the jacket foundation for the EnBW Hohe See offshore substation (OSS) at the project site in the German North Sea.

  • China: Graig and Cheng Xi Shipyard Hold Naming Ceremony for Shang Dian Xiang An 6

    28 July 2011

    The delivery of Shang Dian Xiang An 5 and naming ceremony of Hull No CX 0406, the first and second 45,000 dwt bulk-carrier vessels for Shanghai Xiang An Electric Power Shipping Co Ltd, was successfully carried out at Cheng Xi Shipyard, Jiang Yin on 26th July 2011. The second vessel has been named as ‘Shang […]

  • ZIM, Alibaba seal strategic cooperation deal

    19 October 2020
    Collaboration, Ports & Logistics

    Container shipping company ZIM Integrated Shipping Services and e-commerce and technology group Alibaba have entered into a broad strategic cooperation agreement for the direct purchase of sea freight.