3671 results found for 'cgx'

3671 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 […]

  • 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 […]

  • 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.

  • New Initiative by Sirris Builds Strategic Bridge Between Research and Business (Belgium)

    27 January 2012

    On 24th January, Sirris launched its fourth Application Lab, the Offshore Wind Infrastructure Application Lab (OWI-Lab), in the Port of Antwerp in the presence of more than 100 wind industry representatives. This lab will make state of the art measuring and test equipment available to businesses and start innovation projects in cooperation with these companies […]

  • New Initiative by Sirris Builds Strategic Bridge Between Research and Business (Belgium)

    27 January 2012

    On 24th January, Sirris launched its fourth Application Lab, the Offshore Wind Infrastructure Application Lab (OWI-Lab), in the Port of Antwerp in the presence of more than 100 wind industry representatives. This lab will make state of the art measuring and test equipment available to businesses and start innovation projects in cooperation with these companies […]

  • 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 […]

  • TotalEnergies: LNG bunker market could reach 10 MTPA by 2025

    15 December 2021
    Market Outlooks, Outlook & Strategy, Transition

    The LNG bunker market could reach ten million tonnes a year by 2025, TotalEnergies Marine Fuels forecasts in its new white paper on marine transport energy transition.

  • 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 […]

  • 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 […]

  • 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 […]

  • USA: Lockheed Martin Lays Keel for U.S. Navy’s LCS-7

    9 November 2012
    Business & Finance

      A Lockheed Martin-led industry team officially laid the keel for the U.S. Navy’s seventh Littoral Combat Ship (LCS), the future USS Detroit. The event was part of a time-honored keel laying ceremony that took place at the Marinette Marine Corporation shipyard in Wisconsin. The Lockheed Martin LCS team is building the futuristic Freedom-variant LCS […]

  • 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 […]

  • 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 […]

  • GSF Calls on Regulators to Investigate Impact of P3 Proposal

    19 March 2014
    Business & Finance

    The Global Shippers’ Forum (GSF) has called on international regulators to fully investigate the impact on price and service of the P3, and to make appropriate changes to ease competition concerns. At its third annual meeting in Los Angeles, USA, GSF urged the US Federal Maritime Commission and the European Commission competition authorities to adopt […]

  • ION completes Barbados seismic data reprocessing

    1 May 2015

    ION Geophysical Corporation yesterday announced completion of the company’s Barbados Reprocessing project, in coordination with the recent announcement of Barbados’ 2015 Offshore Licensing Campaign. Heightened interest in oil and gas exploration throughout the Caribbean has stimulated new licensing rounds and boosted demand for superior geophysical data, ION said. ION’s Barbados Reprocessing is a multi-client two-dimensional (2D) seismic program encompassing more […]

  • Rolls-Royce to design and equip ‘Island Victory’ offshore vessel

    29 May 2014
    Business & Finance, Equipment

    Rolls-Royce has secured a contract to design and equip a large offshore support vessel for Norwegian ship owner Island Offshore.

  • Clean Oceans Initiative commits to provide €4 bln to protect oceans

    14 February 2022
    Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Regulation & Policy

    Clean Oceans Initiative decided to raise its target to provide €4 billion of financing by the end of 2025, instead of the €2 billion initially expected to be reached by 2023.

  • Germany: HHLA Reports Increase in Revenue

    30 March 2012

    Hamburger Hafen und Logistik AG (HHLA) experienced above-average growth in its core markets in the 2011 financial year, increasing both its revenue and its results considerably. Container throughput rose by 21.3 percent to 7.1 million standard containers (TEU), and container transport went up by 11.3 percent to 1.9 million TEU. Revenue grew by 14.0 percent […]

  • Intermed Defends Role of Mediterranean Ports

    22 November 2012
    Business & Finance

    Last week in the European Parliament the Intermed association, comprising the ports of Barcelona, Marseilles and Genoa, defended the excellent potential of Mediterranean ports to achieve more balanced and sustainable logistics in Europe. The president of the association and most senior representative of the port of Marseilles, Mr Jean- Claude Terrier, presented the paper “The […]

  • Maersk: We need an end date for fossil fuels in shipping

    11 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    The only way to lower greenhouse gas emissions in shipping and entice companies to set zero-emission targets in the sector is by setting an end date for fossil fuels in the shipping industry through a global regulation, Maersk’s Chief Advisor for Green Transition Concepción Boo Arias said. “It is very important to get the right […]

  • 23 Ultra Large Boxships Set for Delivery in 2020

    13 January 2020

    The 23 new behemoths will join the fleets of three major players.

  • Singapore: Keppel Secures Contract from Jasper for Building New Jackup Rig Worth USD 180 Million

    4 April 2011
    Business & Finance

      Jasper Investments Limited (Jasper) has exercised its option with Keppel FELS Limited (Keppel FELS) to build a second KFELS B Class jackup rig at US$180 million for delivery in 1H2013. The single-rig option was given to Jasper when the customer ordered its first jackup from Keppel FELS in December 2010. Mr Wong Kok Seng, […]