3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Hapag-Lloyd Sinks into Red

    27 March 2015
    Business & Finance

    German shipping company Hapag-Lloyd posted a net loss for 2014 of EUR 603.7 million, a considerable dip from 97.4 million loss in 2013. The company said that its result was heavily influenced by one-off effects, primarily the costs of acquiring and integrating CSAV’s container liner shipping activities and an impairment recognized for a portfolio of old ships. The plummeting price […]

  • QGEP Delighted With Atlanta Well Results. Prepares FPSO Tender

    6 February 2014

    QGEP Participacoes S.A. today announced the conclusion of the drilling and testing of the first horizontal well (7-ATL-2HP-RJS) of the Early Production System (EPS) of the Atlanta Field, offshore Brazil. Located in Block BS-4, Atlanta is a post-salt oil field 185 km off the coast of the city of Rio de Janeiro in the Santos […]

  • Nam Cheong Floats Out Malaysia’s First Diesel Electric MPSV

    10 December 2012

    Nam Cheong Limited (Nam Cheong), SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, launched the first diesel electric multi-purpose platform support vessel (MPSV) ever built in Malaysia, the NC800, commissioned by Bumi Armada in a ceremony at the Group’s dockyard in Kuala Baram, Miri on December 8th […]

  • Keel laid for Neoline’s first sailing cargo ship

    15 February 2024
    Vessels

    Neoline Armateur, together with RMK Marine and partners, has held a keel-laying ceremony for the first sailing roll-on/roll-off (RoRo) vessel NEOLINER ORIGIN.

  • DCSA rolls out Just-in-Time Port Call programme

    20 October 2020
    Collaboration, Infrastructure, Innovation, IT & Software, Rules & Regulation, Vessels

    Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, in conjunction with its nine member carriers, has published standard data definitions for the port call process.

  • Papua LNG gas agreement signed

    9 April 2019

    Total, operator of the Papua LNG project, ExxonMobil and Oil Search have signed a gas agreement with the government of Papua New Guinea, defining the fiscal framework for the Papua LNG project.

  • Nam Cheong sells four vessels for $90 M

    19 August 2014
    Business & Finance

    Nam Cheong Limited, Malaysia’s Offshore Support Vessel builder, has announced that it has sold four vessels worth approximately US$90 million (approximately S$112.1 million). Leong Seng Keat, Nam Cheong’s Chief Executive Officer said: “We are pleased to see that the strong momentum has continued, with these wins closely following the sale of six vessels in June and July. This […]

  • EU, China and Russia to Keep Trade Relations with Iran

    26 September 2018
    Rules & Regulation

    A a Special Purpose Vehicle to be established to facilitate payments related to Iran’s exports and imports.

  • KS Drilling scraps ZPMC offshore rig order

    20 June 2019
    Exploration & Production

    Singapore’s KS Energy, via subsidiary KS Drilling, has reached an agreement with ZPMC to cancel a jack-up rig construction order signed in 2014.

  • TAQA submits plan for removal of Cormorant Alpha derrick

    10 March 2020

    TAQA Bratani, a UK subsidiary of the Abu Dhabi National Energy Company, has submitted a draft for the derrick structure removal and modular drill rig installation on the Cormorant Alpha platform under consideration.

  • Teekay’s Petrojarl I FPSO for Atlanta field (Brazil)

    18 December 2014
    Business & Finance

    Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field located in the Santos Basin offshore Brazil. Queiroz Galvao Exploracao e Producao S.A. is the operator of the Block with […]

  • Norway: Hapag-Lloyd Chooses BASS’ Fleet Management Systems

    9 December 2011
    Business & Finance

    BASS Software Ltd, a leading provider of maritime software solutions, has added a top ranking customer to its expanding customer base with the German shipping giant Hapag-Lloyd AG choosing its fleet management systems. Hapag-Lloyd, which operates a fleet of more than 145 container ships, selected the BASSnet™ Fleet Management Systems to be installed initially on […]

  • Clarksons: Shipyards Struggling to Remain Active

    16 September 2016
    Business & Finance

    The number of ‘active’ shipyards globally has more than halved since the start of 2009, falling to around 400 shipyards at the start of September 2016, with rapid growth in the total followed by steep decline all within the last decade, according to Clarkson Research. Global contracting surged by 78% from 2002 to peak in 2007, […]

  • Third Alliance Members Revealed

    13 May 2016
    Business & Finance

    Global carriers Hanjin, Hapag-Lloyd, “K”Line, Mitsui O.S.K. Lines, Nippon Yusen Kaisha and Yang Ming have agreed to create a new alliance, the companies announced today, confirming market rumors. As disclosed, the alliance will be covering all East-West trade lanes namely, Asia-Europe/ Mediterranean, Asia-North America West Coast, Asia-North America East Coast, Transatlantic and Asia-Middle East / Persian […]

  • Europort Captures Global Industry Mood

    23 October 2013

    Two weeks before the doors open at Europort, Rotterdam, organiser Ahoy is finalising arrangements for the event that promises to provide a benchmark for the ‘state of the global maritime and offshore industry’ in late 2013. Alongside attendees at its Advanced Technology Conferences industry seminars and networking opportunities, over 1,000 exhibitors will be present at […]

  • Aker Pens the Largest Jones Act Boxships Ever, USA

    7 November 2013

    Aker Philadelphia Shipyard ASA, its wholly-owned U.S. subsidiary, Aker Philadelphia Shipyard, Inc. (APSI), has been selected by Matson Navigation Company (Matson) to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 and will […]

  • Bureau Veritas to Class Largest Container Ships Built in China

    10 October 2013
    Business & Finance

    Leading international classification society Bureau Veritas is to class three Ultra-Large Container Ships (ULCSs) to be built for China State Shipbuilding Corporation (CSSC) and chartered to French operator CMA CGM. The ships are due for delivery in 2015. The 16,000 teu vessels will be the largest container ships built in China to date. One will […]

  • France: Damen Shiprepair Brest Receives Third LNG Carrier

    8 February 2013
    Business & Finance

    With the arrival of the LNG carrier ARCTIC SPIRIT Damen Shiprepair Brest continues to recover market share in the LNG repair business, following Damen’s acquisition of French shipyard Sobrena just under a year ago. The repair yard was and is particularly well respected for its LNG expertise and the ARCTIC SPIRIT contract provides yet another […]

  • France: Damen Shiprepair Brest Welcomes Third LNG Carrier

    8 February 2013

    With the arrival of the LNG carrier ARCTIC SPIRIT Damen Shiprepair Brest continues to recover market share in the LNG repair business, following Damen’s acquisition of French shipyard Sobrena just under a year ago. The repair yard was and is particularly well respected for its LNG expertise and the ARCTIC SPIRIT contract provides yet another […]

  • DELO Group to Double Capacity at Its Black Sea Container Terminal

    30 June 2014
    Business & Finance

    Over the past three years, DELO Group, one of Russia’s major private transport companies, has implemented a major investment programme. The programme saw investment in rail and other adjacent port infrastructure, construction of stevedoring and inland storage terminals for oil products, construction of the KSK grain terminal, acquisition of 50% of the NUTEP container terminal […]

  • Drewry: Hybrid Global Terminal Operators on the Rise

    29 August 2017
    Business & Finance

    More international terminal portfolios are likely to move into the hybrid category in the coming years, as pure carrier terminal portfolios diminish over time, shipping consultancy Drewry said. Therefore, the majority of global/international terminal operator portfolios should end up being run more as profit centres than cost centres. Drewry’s latest report on global/international terminal operators […]

  • Matson Inks Deals for 6 New, Upgraded Cranes for Honolulu Terminal

    24 August 2017
    Business & Finance

    US-based shipping company Matson informed that a subsidiary of Matson Navigation Company has signed contracts with Paceco Corporation for the purchase of three new 65 long-ton capacity cranes and modifications to upgrade three existing cranes at its Sand Island Terminal in Honolulu Harbor. As explained, the investments are part of a broader USD 60 million […]

  • Fitch Ratings: Lack of Capacity Discipline Jeopardizing Container Shipping’s Recovery

    2 March 2018

    Sustaining last year’s improved profitability in 2018 may prove challenging for container shipping companies.

  • OWI-Lab Large Climatic Chamber Carries Out First Tests

    1 March 2013
    Research & Development, Technology

    The first climatic tests (extreme temperature tests) have been carried out this week in the Port of Antwerp of a new generation of transformers for large offshore wind turbines. The Offshore Wind Infrastructure Application Lab (OWI-Lab for short) was built by the Sirris technology research centre and will be used to simulate a range of […]

  • Austria: OWI-Lab Makes Report on EWEA 2013

    26 February 2013

    The OWI-Lab team attended the EWEA 2013 event in Vienna this month, the largest wind energy conference in Europe. More than 8000 participants and nearly 400 companies attended the conference and exhibition this year. Although 11.000 MW of wind energy capacity was installed last year, the wind industry is in fact facing tough times just […]