3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Court gives nod to CGG’s safeguard plan

    4 December 2017
    Business & Finance

    A court in Paris, France has approved the safeguard plan of CGG, a marine seismic acquisition and processing company. The French company on Friday said that the Commercial Court of Paris had approved the plan, after finding the claims filed by certain holders of CGG’s convertible bonds against this draft plan inadmissible. Following shareholders’ approval of all […]

  • CMA CGM adds new call at Rotterdam

    2 November 2010

    With the arrival of 13,800TEU vessels in its fleet, CMA CGM has announced a new addition to its FAL5 (French-Asia Line) service. This new service launched last July extended CMA CGM’s offer on the Asia-Europe trade. It deploys an homogeneous fleet of ten ships of 13,800TEU, including ‘Christophe Colomb’, ‘Magellan’, ‘Laperouse’, ‘Corte Real’ and ‘Amerigo […]

  • CMA CGM Improves US-Caribbean Links

    13 April 2015
    Business & Finance

    French container line CMA CGM is upgrading its Gulfbridge and Hispanola feeder services to improve the coverage of the Gulf of Mexico, Caribbean, East, West and North South American coasts markets. The company decided to improve its Gulfbridge service by decreasing its transit times to Colombia. The first rotation will start on April 29 in New […]

  • CMA CGM to Order 3 Giant Boxships

    30 March 2015
    Business & Finance

    After ending 2014 with an 8.1% growth in volumes carried, the world’s third largest container shipping company CMA CGM announced further expansion of its fleet, including three 20,600 TEU boxships to be delivered in 2017. The French container carrier transported 12.1 million TEUs in 2014, compared to 11.3 million carried in 2013. The increase in volumes was […]

  • CMA CGM Quadruples Quarterly Net Profit

    18 May 2015
    Business & Finance

    French CMA CGM, the world’s third largest container line, recorded a 419 percent increase in net profit and a 10.5 percent increase in volumes handled in the first quarter of 2015. The line ended the first quarter of 2015 with USD 406 million of consolidated net profit, a sharp increase compared to a USD 97 million net profit recorded […]

  • Rodolphe Saadé Takes Chairmanship at CMA CGM

    27 November 2017
    Business & Finance

    French shipping major CMA CGM has made a new step in group governance as it appointed Rodolphe Saadé to the position of Chairman of the Board and Chief Executive Officer of the company. CMA CGM’s Board of Directors met on November 24 to decide the change in governance of the group. In accordance with the […]

  • CGG: Important Safety Milestones in Arabian Gulf

    11 April 2013

    CGG announced today that three acquisition crews operating in Saudi Arabia on behalf of Saudi Aramco have achieved impressive safety records. Two OBC crews have completed six million and five million man-hours of continuous operations without a Lost Time Incident (LTI) respectively while a third vibroseis crew has crossed the milestone of seven million man-hours […]

  • Shell to Supply Biofuel for CMA CGM Vessels

    16 December 2019
    Business & Finance

    CMA CGM has selected Shell to supply tens of thousands of tons of marine biofuel to its fleet.

  • CMA CGM Confirms Partnership with PSA Singapore

    15 June 2016
    Business & Finance

    French container shipping company CMA CGM and PSA Singapore Terminals (PSA) have confirmed that they will establish form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths in Singapore. CPLT, which will use berths at the latest expansion of Pasir Panjang Terminal Phases 3 and 4, will start operations from […]

  • CMA CGM Moves Ahead with NOL Offer

    6 June 2016
    Business & Finance

    French container shipping major CMA CGM S.A. today launched an all-cash voluntary conditional general offer for all outstanding shares of Neptune Orient Lines Limited (NOL), NOL said in an update. As disclosed, CMA CGM currently owns 10.5% of all NOL shares, and intends to delist and privatise NOL through the offer. In acceptance of the offer, NOL’s […]

  • CMA CGM, Panalpina Ink Sustainability Pact

    18 October 2018
    Business & Finance

    CMA CGM and Panalpina have signed a sustainability agreement aimed at reducing their respective carbon emissions by 2025.

  • CMA CGM to Strengthen Presence in South America

    25 August 2017
    Business & Finance

    In addition to the Mercosul buyout project, French container shipping company CMA CGM plans to reshuffle its two services, pursuing its development strategy in South America. The services in question, linking South America and Europe, are Safran for Northern Europe and Sirius for the Mediterranean. Scheduled to start in Rotterdam on September 27, 2017, the […]

  • CMA CGM Hires Diana Containerships’ Panamax

    18 August 2017
    Business & Finance

    French shipping company CMA CGM has entered into an agreement to charter one of Athens-based Diana Containerships’ Panamax vessels. Under the contract, the 3,739 TEU container vessel Domingo would start working for the French conglomerate from September 15, 2017. The 2001-built Panamax was hired for a gross charter rate of USD 8,500 per day, minus a 3.5% commission […]

  • 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 […]

  • Vessel Sharing Agreement for NileDutch and CMA CGM

    15 May 2014
    Business & Finance

    Two leading container shipping lines, NileDutch and CMA CGM, have concluded a vessel sharing agreement (VSA) for services from South America to West Africa. This agreement will take effect in late May, and will enable both companies to offer their customers a better and more efficient service. Initially the service will operate using 2,500 TEU […]

  • CGG Becomes Hydrocarbons Reserves Auditor for Mexico

    17 May 2016
    Research & Development

    Mexico’s National Hydrocarbons Commission (CNH) has registered CGG’s Mexican entity as an independent third party qualified to audit and certify Mexico’s reserves, either for oil and gas operators or directly for the CNH.  Registration of CGG’s auditing and reporting skills will apply to all of Mexico’s oil and natural gas resources from conventional to unconventional in both offshore […]

  • Eidesvik and CGG Scrap Viking Vision Contract

    13 October 2016

    Norwegian vessel owner Eidesvik and French seismic player CGG have agreed to terminate the contract for Viking Vision seismic vessel. The contract termination has an immediate effect despite its due term at end July 2017. Nevertheless, the Oslo-listed Eidesvik confirmed that payment of the charter rate will continue until July 2017, as in the current contract. The […]

  • Michael Daly Becomes Member of CGG Board

    7 October 2015
    Business & Finance

    CGG announced that upon a proposal of the Appointments and Remuneration Committee, the Board of Directors has coopted Michael Daly as an independent Member of the Board of Directors of CGG. Michael Daly will replace Terry Young who stepped down from the Board of Directors on July 31 2015. The Board of Directors has also […]

  • CGG Achieves Safety Milestones in Saudi Arabia

    12 April 2013
    Business & Finance, Operations & Maintenance

    CGG announced that three acquisition crews operating in Saudi Arabia on behalf of Saudi Aramco have achieved impressive safety records. Two OBC crews have completed six million and five million man-hours of continuous operations without a Lost Time Incident (LTI) respectively while a third vibroseis crew has crossed the milestone of seven million man-hours of […]

  • Brazil: Wellstream Awarded Major Contract by OGX

    2 July 2010
    Business & Finance, Equipment

    Wellstream, a leading manufacturer and supplier of flexible pipe systems and solutions to the offshore oil and gas industry announces the award from OGX Petroleo e Gas of a contract to supply flexible risers and flowlines mid-water arches, umbilicals and other associated equipment and services. The contract will be executed by Wellstream’s Brazil operations and […]

  • OGX Names New Exploration Officer (Brazil)

    30 October 2013
    Business & Finance

    OGX Petróleo e Gás Participações S.A. (“OGX”), announces that the Company´s Board of Directors has nominated Gilberto Carvalho Lima as Exploration Officer of OGX. Gilberto Carvalho Lima has more than 35 years of experience in the oil industry having held several management positions in Petrobras Exploration department, where he led the evaluation of strategic exploration […]

  • SGX sets up LNG price index

    12 June 2015

    In an attempt to accomplish greater transparency in physical LNG spot trading in Asia, Singapore Exchange has revealed its price index.

  • Gallery: CMA CGM Kerguelen Christened at Haropa

    12 May 2015

    CMA CGM’s biggest container ship, CMA CGM Kerguelen, was officially christened at Haropa – Port of Le Havre, today, May 12th. The ceremony was attended by Jacques R. Saadé, incorporator and CEO of the CMA CGM Group, Agnès Canayer, Senator and deputy Mayor of Le Havre, and Hervé Martel, Executive Director of the Port of […]

  • Freeport-McMoRan sells GoM interests to Cox

    4 August 2017

    Independent oil and gas company Cox Oil Offshore, has bought certain interests in the U.S. Gulf of Mexico from Freeport-McMoRan. The transaction includes Freeport’s interests in the Flatrock and Hurricane areas of the OCS-310 “Tiger Shoal” lease. In addition to normal pressured wells, Cox said it looked forward to further exploit high pressure, high temperature […]

  • Gardline CGG wraps up Gippsland survey

    24 April 2015

    Gardline CGG Pte Ltd has completed the Gippsland 2D Infill survey for Geoscience Australia on Friday, April 24, 2015. Gardline CGG was selected to acquire the Gippsland 2D Infill marine seismic survey in March 2015. The company used its exploration, survey vessel M/V Duke. According to Gardline CGG, the project was completed on time, within budget […]