3673 results found for 'cgx'

3673 results found for 'cgx'
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  • Indian Oil Firms Buy Interest in Offshore Mozambique Block for $2.47 Bln

    25 June 2013
    Business & Finance

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have signed definitive agreements in Singapore on 25th June 2013 with Videocon Mauritius Energy Limited to acquire 100% of shares in Videocon Mozambique Rovuma 1 Limited, the company holding a 10% participating interest in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US$ […]

  • AAPA: Cargo Volumes at U.S. Ports Expected to Drop by 20 Pct Due to Coronavirus

    4 March 2020

    Cargo volumes at many U.S. ports are expected to go down by 20 percent.

  • Singapore: Dyna-Mac Signs LoI with Three Leading FPSO Operators

    21 December 2011
    Business & Finance

    SGX Mainboard-listed Dyna-Mac Holdings Ltd., a multi-disciplinary specialist provider of detailed engineering, procurement and construction services (“EPC”) to the offshore oil and gas, marine construction and other industries, has secured orders worth a provisional sum of S$115 million, boosting its order book to a provisional value of S$190 million as at to date. The Group […]

  • New Service Calls Double CMIT’s Q1 Volumes

    18 May 2016
    Business & Finance

    Cai Mep International Terminal (CMIT), a deep-water facility located in the Ba Ria‐Vung Tau Province, southeast of Ho Chi Minh City, Vietnam has recorded a container volume surge of 130% totaling in 277,303 TEUs for the first three months of 2016, as compared with the same period a year ago. The upswing in box volumes is […]

  • Spanish Dockworkers Delay Strike Plans for Another Week

    9 March 2017

    The planned strikes of Spanish dockworkers scheduled for tomorrow, March 10, March 13 and March 15 have been postponed, in yet another attempt of the country’s stevedores to reach a deal on the port reform model. The move follows the government’s announcement on delaying voting on the port reform for another week along with a meeting of […]

  • NOL Not a Good Buy for Maersk?

    13 November 2015
    Business & Finance

    The acquisition of Neptune Orient Lines (NOL), the parent company of the APL, may not be such a good idea for Danish container shipping company Maersk Line, according to the latest warnings from debt markets. “Maersk Line could possibly derive some synergies from an acquisition but Maersk Line is one of the few profitable companies […]

  • Alphaliner: 2M Suspension of Asia-Europe String Too Late

    19 August 2015
    Business & Finance

    The 2M carriers, Danish Maersk and Switzerland-based MSC, have decided to suspend regular sailings of their Asia to North Europe string ‘AE-9/Condor’ from September amid collapsing freight rates spurred by lower demand on the trade this year. Total demand on the headhaul trade dropped by 3.5 % during the first half of 2015, while average […]

  • Geo Shipyard Delivers Research Vessel to Florida State University (USA)

    4 March 2013
    Business & Finance

    Geo Shipyard Inc, New Iberia, La, recently delivered the R/V “APALACHEE”, a 64x21x9’, aluminum catamaran for Florida State University Coastal Marine Laboratory, St Teresa, Florida. Designed by Fyffe Yachts with NC lofting by Eli Ring, VP of Advance Fabricating, both of Kemah, Texas, the 48 passenger T-boat will support various research functions in the Gulf […]

  • Singapore: Sembcorp Marine’s Shipyard Wins VLCC into FPSO Conversion Contract

    4 October 2011
    Business & Finance

      Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$130 million project to convert the Very Large Crude Carrier (VLCC) tanker, the MV “TAR II” (ex STAR II), to a Floating Production Storage and Offloading (FPSO) vessel for MODEC. This conversion project involves the installation of an external turret mooring system […]

  • Bollinger Delivers Seventh FRC to US Coast Guard

    21 August 2013
    Business & Finance

    Bollinger Shipyards, Inc. has delivered the CHARLES DAVID JR, the seventh Fast Response Cutter (FRC) to the United States Coast Guard. The announcement was made by Bollinger executive vice president of new construction, Chris Bollinger, “We are very pleased to announce another successful on-time and on-budget FRC delivery to the Coast Guard. The CHARLES DAVID […]

  • Manila Port Decongestion in Overdrive

    6 October 2014
    Business & Finance

    The Cabinet Cluster on Port Congestion (CCPC) in Philippines has shifted decongestion efforts at the Port of Manila into full gear, two weeks after the City of Manila lifted its truck ban. The CCPC said port operations had significantly increased its efficiency and productivity which they had not been able to do during the implementation of the […]

  • Carriers Suspending West Coast Surcharges

    19 November 2014
    Business & Finance

    Seven carriers have decided to  suspend the announced congestion surcharges for cargo moving via U.S. West Coast ports, that was supposed to enter into effect on November 17, 2014. MSC, US Lines, OOCL, CMA CGM, UASC, COSCO and Evergreen Line said that they will suspend the surcharges until further notice. The surcharges were intended to reach […]

  • OVL, OIL Buy Stake in Rovuma Block Off Mozambique

    25 June 2013

    ONGC Videsh Limited (OVL) and Oil India Limited (OIL) have signed definitive agreements in Singapore on Tuesday with Videocon Mauritius Energy Limited to acquire 100% of shares in Videocon Mozambique Rovuma 1 Limited, the company holding a 10% participating interest in the Rovuma Area 1 Offshore Block in Mozambique for US$ 2,475 million. The acquisition […]

  • WoodMac: Bangladesh’s LNG demand to hit 8 mtpa after 2020

    3 August 2017

    Petrobangla’s deal signed last month with Qatar’s RasGas has marked Bangladesh’s official entrance into the LNG buyers club. 

  • DCNS Energies Enters MRE Market

    6 January 2017
    Business & Finance, Research & Development, Technology

    French energy specialist DCNS and a fund managed by Bpifrance have formed DCNS Energies, a turnkey constructor of marine renewable energy (MRE) plants for the French and export markets. DCNS Energies, majority owned by DCNS and 36% by the SPI fund (“Société de Projets Industriels” / Industrial Projects Company) of Bpifrance, will devote its activity to […]

  • EnBW Looking to Set Up Hohe See Marine Coordination Office

    9 December 2016
    Project & Tenders

    EnBW has invited tenders for planning, construction and operation of a marine coordination office which will support the construction phase of the Hohe See offshore wind farm and potentially the Albatros offshore wind farm. The set-up and operation is to be carried out in accordance with the legal requirements, including the Implementation Guideline Seaview Observation, […]

  • Swissco to buy rig leasing business from Double Dragon

    3 March 2014
    Business & Finance

    Swissco Holdings Limited a Singapore-based marine service provider for the offshore oil and gas industry, announced the proposed acquisition of Scott and English Energy Pte. Ltd. (“Scott and English”) for approximately S$285.0 million yesterday.   The Swissco has entered into a legally binding heads of agreement (“HOA”) with Double Dragon Energy Holdings Limited, which will form […]

  • GoodFuels to offer marine biofuel in Asia-Pacific

    24 February 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    Dutch marine biofuels supplier GoodFuels has opened its office in Singapore to serve demand for sustainable marine biofuel in the Asia-Pacific region.

  • Geo Shipyard Delivers Research Vessel to Florida State University, USA

    4 March 2013
    Business & Finance

    Geo Shipyard Inc, New Iberia, La, recently delivered the R/V APALACHEE, a 64 x 21 x 9’, aluminum catamaran for Florida State University Coastal Marine Laboratory, St Teresa, Florida. Designed by Fyffe Yachts with NC lofting by Eli Ring, VP of Advance Fabricating, both of Kemah, Texas, the 48 passenger T-boat will support various research functions […]

  • Kosmos Energy hits more gas off Senegal

    8 May 2017

    Kosmos Energy said it has made a major gas discovery at the Yakaar-1 well offshore Senegal.

  • UAE: Dutch Queen Visits Jebel Ali Port

    10 January 2012
    Business & Finance

      Her Majesty Queen Beatrix Wilhemina Armgard of the Netherlands accompanied by HE Sultan Ahmed Bin Sulayem, Chairman, DP World, visited yesterday (January 9), the flagship Jebel Ali Port in Dubai, as part of her state visit to the UAE. They discussed the expanding investment and trade relations binding the UAE and the Netherlands, where […]

  • OTC 2014: Raytheon, Petrofac launch Tropical Helicopter Underwater Escape Training

    5 May 2014
    Equipment

    Raytheon Professional Services LLC, (RPS), a subsidiary of Raytheon Company (NYSE: RTN), and Petrofac Training Services announced a first-of-its-kind offering under their jointly owned Hi-Con Training program. The new Tropical Helicopter Underwater Escape Training (THUET) course is being launched at the Offshore Technology Conference (OTC) in Houston, May 5-8, 2014. Approved by OPITO, an accreditation […]

  • Engie’s Cygnus offshore field starts production (UK)

    15 December 2016
    Project & Tenders

    The Engie-operated Cygnus gas field offshore UK has started production. Engie said on Thursday that Cygnus, located in licence areas P1055 & P1731, is expected to contribute 5% of UK gas production – supplying sufficient gas to heat the equivalent of 1.5 million UK homes.   Ruud Zoon, Managing Director of ENGIE E&P UK Limited […]

  • 300cubits: Blockchain Project in Container Shipping Fails due to Lack of Interest

    1 October 2019
    Business & Finance

    Hong Kong-based 300cubits suspends the operation of its Booking Deposit Module.

  • MDS: Top Ten Carriers Control Almost 90 Pct of Deep Sea Market

    20 February 2018
    Business & Finance

    More than 87 pct of the global fleet capacity is controlled by only ten out of 67 shipping lines.