3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Offshore energy: Short-term dip, long-term rise (Interview)

    14 April 2015

    Dutch bank Rabobank in March issued a report titled: “Offshore energy: Short-term dip, long-term rise” in which they provide an insight in the current market conditions and a forecast of what the future may hold for the global offshore oil and gas industry. Offshore Energy Today interviewed Richard Brakenhoff, who has worked as an industry analyst at Rabobank […]

  • Smulders to Produce Its 1000th Transition Piece

    2 September 2014

    In August 2013 Smulders Projects, subsidiary of Smulders Group, secured together with Sif Group an order from Van Oord Offshore Wind Projects b.v. for the delivery of 150 Transition Pieces for the Gemini Windfarm. Sif Group will supply the primary steel tubulars, Smulders Projects will supply and install all secondary steel and will perform surface […]

  • Has the time come for ‘demolition flurry’ everyone was talking about to boost liner profits?

    10 August 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    The container shipping industry is grappling with a complex challenge – an overcapacity crisis. The surge in new containerships ordered during the pandemic, coupled with supply chain normalization at major ports and inland regions, has led to a flood of capacity that is profoundly disrupting the equilibrium between supply and demand. Concurrently, the scrapping activity […]

  • Shipping Lines Honored for Green Leadership (USA)

    31 May 2013
    Business & Finance

    Twenty shipping lines were honored today by the Port of Long Beach for efforts to improve air quality locally by slowing down or deploying cleaner vessels – or both – at the annual Green Flag and Green Ship awards. The Port’s Green Flag Program was created in 2005 and participation today is nearly universal. In […]

  • OOIL Chair: 2017 a Year of Considerable Growth

    12 March 2018
    Business & Finance

    OOIL rebounds from USD 219.2 million loss to a profit attributable to equity holders of USD 137.7 million.

  • Drewry: Ocean carriers close 2021 with $190 billion profit

    23 February 2022
    Business & Finance, Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy

    Ocean carriers have generated about $190 billion of annual profits and about $130 billion of fresh cash in 2021, obtained mainly by charging higher prices, maritime research consultancy Drewry said.

  • California governor plans to invest $2.3 bln in state ports

    12 January 2022
    Business & Finance, Business Developments & Projects, Ports & Logistics

    On 10 January, California Governor Gavin Newsom presented a 2022-23 state budget proposal that includes a planned $2.3 billion investment for Californian ports to reduce congestion.

  • Five Petrobras board members to step down with CEO

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

    Five board members of Brazilian state-owned company Petrobras have decided to step down as a reaction to moves made by Brazil President Jair Bolsonaro to replace current CEO Roberto Castello Branco.

  • Seismic Surveys in Atlantic to Move Forward

    11 May 2017

    The Trump administration informed on Wednesday that it is moving forward with seismic surveys in the Atlantic Ocean. In accordance with the decision, the Department of the Interior will resume its evaluation of applications from six companies seeking permits to conduct geological and geophysical (G&G) activities in the Atlantic Ocean. “Seismic surveying helps a variety […]

  • Capital Product Partners boosts fleet with 3 energy-efficient LNG carriers

    1 September 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Vessels

    Greece-based shipowner Capital Product Partners L.P. (CPLP) has agreed to acquire three 174,000 cbm latest generation X-DF LNG carriers from CGC Operating Corp.

  • Maritime industry accelerates shift toward digital trade

    16 June 2025
    Business Developments & Projects, Collaboration, IT & Software

    IQAX, a digital trade solutions provider operating under Orient Overseas (International) Limited (OOIL), parent company of OOCL, has become ‘the first in the world’ to implement the latest Digital Container Shipping Association (DCSA) electronic bill of lading (eBL) 3.0 API standard. As disclosed, the achievement, which went live June 11 following months of cooperation, was […]

  • OSX Brasil Reveals New Business Plan

    19 May 2013

    OSX Brasil S/A, a Brazilian publicly held corporation with activities in the sector of supplying equipment and services to the offshore oil and natural gas industry, with integrated operations in shipbuilding, chartering of exploration and production units (E&P) and operation and maintenance services (O&M), hereby informs to its shareholders and the market that: The Board […]

  • In focus: Bridging the gaps in hydrogen technologies

    9 July 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Infrastructure, Ports & Logistics, Research & Development, Storage, Technology, Transition, Vessels

    A collection of energy transition-related updates across the industry was heavily focused on hydrogen and its role in reaching net-zero goals.

  • J-ENG initiaties ammonia co-firing operation of first full-scale engine bound for gas carrier

    22 April 2025
    Business Developments & Projects, Green Marine, Infrastructure, Research & Development, Technology

    The first Japanese-developed and manufactured commercial full-scale, low-speed, ammonia-fueled two-stroke engine has started co-firing operation with ammonia ahead of installation on an actual vessel, Japan Engine Corporation (J-ENG) revealed.

  • ‘Material’ portfolio expansion on Seascape’s 2025 agenda after Malaysian block farmout

    18 March 2025
    Business Developments & Projects

    Seascape Energy, an E&P company focused on Southeast Asia, has completed the sale of its participating interest in a production sharing contract (PSC) offshore Malaysia to Japan’s Inpex Corporation.

  • Hamburg, Busan and Ulsan ports team up on clean fuels on path to greener maritime future

    26 September 2024
    Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    Germany’s Hamburg Port Authority (HPA) has signed a joint declaration of intent with the South Korean Busan Port Authority (BPA) and Ulsan Port Authority (UPA) to collaborate on the decarbonization of maritime transport in the future.

  • Malaysia: Nam Cheong Announces Sale of Four AHTS Vessels

    12 November 2012
    Business & Finance

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold four Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$45.13 million, bringing the total number of vessels sold this year to 18, an all-time record high for annual […]

  • Drewry: Southern Africa Imports from Asia on Recovery Path

    6 March 2017

    Ailing South Africa imports from Asia could see a small recovery in 2017, as improving demand and capacity management helps to lift southbound spot rates to a 26-month peak, according to shipping consultancy Drewry.  Containerized imports from Asia to Southern Africa slumped by 7.8% in 2016 to their lowest volume since 2012. Figures from the Container […]

  • DCSA: New standards enable just-in-time arrivals

    16 November 2021
    Automation, Business Developments & Projects, Certification & Classification, Collaboration, Infrastructure, IT & Software, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Safety, Vessels

    Digital Container Shipping Association (DCSA), a non-profit group established to further digitalisation of container shipping technology standards, has published interface standards and messaging application programming interface (API) specifications for all 50 event timestamps.

  • Danaos recoats seven containerships

    4 August 2020
    Vessels

    Athens-based containership owner and operator Danaos has recoated seven of its managed containerships, with the last two vessels in the series, the 8,463 TEU Phoebe and the 6,500 TEU CMA CGM Moliere, leaving drydock in June. The first vessel in the series, the 13,100 TEU Hyundai Honour, left drydock in January, followed in May by sisters Hyundai Respect, Hyundai […]

  • Malaysia: Nam Cheong Splashes First Ever Indigeneously Built Diesel Electric MPSV

    10 December 2012
    Business & Finance

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder,  launched on December 8 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. The NC800 […]

  • Oil at two-month high on China demand hopes, easing supply glut

    1 March 2016

    By Karolin Schaps LONDON (Reuters) – Oil prices rose on Tuesday after China’s surprise monetary policy easing stoked expectations for higher oil demand from the world’s largest commodities consumer and signs emerged that a global supply glut was starting to deflate. Benchmark Brent crude futures <LCOc1> were up 44 cents at $37.01 a barrel at […]

  • DCSA’s members commit to 100 pct adoption of electronic bill of lading by 2030

    15 February 2023
    Automation, Business Developments & Projects, Collaboration, Green Marine, IT & Software, Outlook & Strategy, Regulation & Policy, Technology

    Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of title, receipt for shipped goods […]

  • OOCL gives biofuel a whirl

    28 September 2022
    Business Developments & Projects, Collaboration, Green Marine, Transition, Vessels

    Hong Kong-based container shipping company Orient Overseas Container Line (OOCL) has completed a trial use of marine biofuel for the first time in its fleet. The trial was carried out on OOCL Yokohama, a 4578-TEU container vessel. The containership was fueled with 1999.3 metric tons of B22 marine biofuel provided by Chevron Singapore from the […]

  • China shipping giants set sights on methanol

    5 September 2022
    Collaboration, Green Marine, Research & Development

    Chinese shipping heavyweights China Merchants Energy Shipping and COSCO Shipping Bulk have voiced their plans to focus on methanol marine fuel as their primary area of research in the future. The move was announced by CMES chairman Xie Chunlin and Gu Jinsong, Chairman of COSCO Shipping Bulk in a meeting held in late August, during […]