3673 results found for 'cgx'

3673 results found for 'cgx'
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  • GALLERY: Incat Crowther-designed FSV joins Seacor Marine fleet

    23 January 2019

    Louisiana-based ship manufacturer Gulf Craft has delivered an Incat Crowther-designed fast support vessel to Seacor Marine.

  • E2open to Acquire Container Shipping Booking Platform INTTRA

    23 October 2018
    Business & Finance

    E2open announced plans to acquire container shipping booking platform INTTRA.

  • CSG Devises Response to Overcapacity in Newbuilding Market

    27 April 2015
    Business & Finance

    Responding to challenges in the newbuilding market plagued by overcapacity and decline in new orders, Chinese shipbuilding conglomerate COSCO Shipyard Group (CSG) has decided to switch focus so as to adapt to these changes. In 2014, due to the sluggish global economy, global shipbuilding orders declined 34.7% year-on-year to 39.69 million CGT. As a result, the […]

  • NGO Urges Carriers to Slow Down around Sri Lanka to Save Endangered Whales

    14 July 2015
    Business & Finance

    Friend of the Sea, an international non-governmental organisation, has pointed to the problem of the increasing number of endangered whales being killed by cargo ship strikes in Sri Lanka, urging the World Shipping Council and the leading carrier lines to prevent the deadly hits in shipping lanes along this country and worldwide. Friend of the Sea has urged […]

  • GE to Display LM2500 Turbine at World LNG Fuels 2014 (USA)

    7 January 2014

    GE Aviation will display its model LM2500 high-speed catamaran engine at the World LNG Fuels Conference in Houston, Jan. 21-23. Earlier this year, Buenos Aires-based Buquebus, a diversified transportation company, set a world speed record of 58.1 knots (107.6 kmh or 66.9 mph) by powering its new Francisco high-speed ferry with LNG and diesel-fueled LM2500 […]

  • Xeneta: What’s in the Box No Longer Important

    26 April 2016
    Business & Finance

    An oversupply in a declining container shipping market, coupled with better supply chain management and downwardly spiralling fuel costs have made the market so competitive over the last 18 months that containership carriers are no longer pricing cargo according to type, the market intelligence platform for containerized ocean freight Xeneta said. “What’s in the box” no longer plays […]

  • Hapag-Lloyd CEO Dismisses Overcapacity Fears

    22 February 2018
    Business & Finance

    Demand is still high enough to potentially improve the fundamental market balance.

  • Smooth Sailing for DSME

    14 August 2014
    Business & Finance

    South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has seen a healthy order intake in the previous month, putting DSME’s 2014 secured orders value at approximately 5.8 billion USD. DSME’s figures back the estimates that South Korean shipbuilding is entering the recovery mode after it lost its top spot to Chinese rivals. USD […]

  • TechnipFMC to Pay $300M to Close Anti-Corruption Probe

    26 June 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    TechnipFMC has agreed to resolutions with the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange Commission (SEC) staff and the Brazilian authorities to resolve anti-corruption investigations in Brazil and relating to the intermediary, Unaoil. The company has agreed to pay a total of $301.3 million to these authorities to resolve investigations into conduct […]

  • Swissco buys Scott and English Energy

    22 July 2014
    Business & Finance, Project & Tenders

    Shareholders of Swissco Holdings Limited, a marine service provider for the offshore oil and gas industry, have approved the acquisition of Scott and English Energy Pte. Ltd. for approximately $230 million (S$285 million). Scott and English Energy is in the business of owning and leasing mobile offshore drilling units and service rigs to support major oil […]

  • Popular offshore industry news in 4Q 2018

    2 January 2019

    These were the most read news on Offshore Energy Today during the fourth quarter of 2018.

  • World’s Largest Ship Arrives in Sweden

    29 August 2013
    Business & Finance

    Following a short trip across the Kattegat, the North Sea bay separating Denmark and Sweden, the world’s first 18,000 TEU capacity vessel, the Maersk Mc-Kinney Moller, arrived in Gothenburg, Sweden where APM Terminals Gothenburg achieved a productivity level of 34 moves per hour (MPH) using four cranes as 623 containers were discharged and 981 loaded. […]

  • Germany: Biggest Containership UMM SALAL Enters Port of Hamburg on Her Maiden Voyage

    10 June 2011
    Business & Finance

      On 7 June 2011 the UMM SALAL, the biggest containership to date belonging to United Arab Shipping Company (UASC), tied up in the Port of Hamburg on her maiden voyage. The giant container ship, with a capacity of 13,100 TEU (20 foot standard containers) was handled at Eurogate Container Terminal Hamburg (CTH). The UMM […]

  • Largest Vessel To-Date Transits Panama Canal’s New Locks

    3 May 2017
    Business & Finance

    The Panama Canal welcomed the 13,092 TEU Neopanamax containership COSCO Development on May 2, the largest vessel both in dimension and capacity to transit the Expanded Canal since it was inaugurated in June 2016. Measuring 366 meters in length and 48,2 meters in beam, the mammoth began its voyage in Asia, and will soon become […]

  • Offshore Wind Better Choice for UK than Hinkley Point C?

    17 August 2016
    Business & Finance

    Following UK Government’s decision to re-examine EDF’s Hinkley Point C nuclear power project, offshore wind has emerged as a potentially better solution for the country than nuclear power.  Namely, after the board of EDF approved Hinkley Point C, which would be built together with China General Nuclear (CGN), and was ready to enter into an agreement with […]

  • AMEC Aims to Increase Its Presence in Brazil with Participation at Accelerate Oil & Gas

    10 April 2013
    Business & Finance

    Since Accelerate Oil & Gas 2013 almost reached a full – house attendance, the event team recently confirmed support of AMEC, internationally recognised company with over 160 years of history, world’s leader in engineering, project management and consulting in oil & gas, mining, clean energy, environment and infrastructure markets. With acquisition of 50 per cent […]

  • Brazil government picks two more nominees for Petrobras board

    10 March 2021
    Business & Finance, Business Developments & Projects, Human Capital, Outlook & Strategy

    The Brazilian government has nominated two more board members of Petrobras, to be voted on at the upcoming extraordinary general meeting.

  • Vestas Promotes Wind Energy by Entering Volvo Ocean Race

    12 August 2014

    “Vestas Wind,” the first-ever Danish boat to compete in the Volvo Ocean Race, will showcase Vestas’ products and services, enhance customer relations and bolster Vestas’ profitable growth strategy on its race around the world. Starting in October, the Volvo Ocean Race will embark on its 12th edition, calling at 11 ports and taking sailors on […]

  • Decom North Sea to “challenge the norm” on industry event

    19 April 2017

    Decom North Sea, the representative body for the offshore decommissioning industry, has published the program for its conference and exhibition, Decom Offshore 2017. Decom North Sea said on Wednesday that the fifth annual Decom Offshore conference, principally sponsored by Bureau Veritas UK, would take place on May 24 at the Aberdeen Exhibition and Conference Center […]

  • Kosmos finds gas offshore Mauritania

    18 May 2015
    Exploration & Production

    Kosmos Energy’s Tortue-1 exploration well in Block C8 offshore Mauritania has encountered additional hydrocarbons while drilling to total depth to evaluate the deeper Albian stratigraphy. Based on the preliminary analysis of drilling results, Tortue-1 has intersected approximately 10 meters (32 feet) of net hydrocarbon pay in the lower Albian section, which is currently interpreted to […]

  • Mega Boxships and Rising Demand Fueling Port Investment Race

    24 August 2015
    Business & Finance

    Rising global container port demand and ever larger vessels are driving terminal operators to make significant investments in additional capacity, according to the Global Container Terminal Operators Annual Report 2015 published by global shipping consultancy Drewry. Drewry predicts average global container port demand growth of 4.5% per annum through to 2019. This equates to an […]

  • OPC Contract to Bring Thousands of Jobs

    13 February 2014

    Bollinger Shipyards, Inc. is one of three companies selected by the United States Coast Guard (USCG) for award of Phase I for the Offshore Patrol Cutter (OPC) program. Chris Bollinger, President of Bollinger Shipyards provided remarks today after receiving this notification. “For over three decades, Bollinger Shipyards has a legacy of producing exceptional Coast Guard […]

  • EU Commission Appoints New TEN-T Coordinators

    13 March 2014
    Business & Finance

    The European Commission yesterday appointed European coordinators for each of the nine core network corridors of the trans-European transport network (or TEN-T), as well as for the European Rail Traffic Management System (ERTMS) and for Motorways of the Sea. The core TEN-T transport network creates two North–South corridors, three East–West corridors; and four diagonal corridors. […]

  • France: CGGVeritas Enters 5-Year Charter Deal with BOURBON

    28 June 2011
    Business & Finance

      CGGVeritas announced today that it has signed a five-year marine charter agreement with BOURBON for six new support vessels to assist its seismic operations. The new vessels will be delivered starting at the end of 2012. Jean-Georges Malcor, CEO of CGGVeritas, said: “This agreement to charter vessels to support our seismic acquisition operations is […]

  • Lockheed Martin Holds Keel-Laying Ceremony for U.S. Navy’s Fifth LCS

    28 October 2011

    Lockheed Martin,led industry team, held a keel-laying ceremony at Marinette Marine’s shipyard for the future USS Milwaukee, the U.S. Navy’s fifth Littoral Combat Ship (LCS). The term, lay the keel, in shipbuilding language, means the beginning of a significant undertaking, which is the start of the module erection process that reflects the ship coming to […]