3676 results found for 'cgx'

3676 results found for 'cgx'
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  • 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 […]

  • 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 […]

  • 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.

  • Wärtsilä plans to reduce 25% of direct suppliers’ GHG emissions by 2030

    19 February 2025
    Business Developments & Projects, Outlook & Strategy

    Wärtsilä has reinforced its ‘Set for 30’ decarbonization targets by committing to a new goal of reducing 25% of direct suppliers’ GHG emissions by 2030.

  • Milaha Joins Forces with Oracle Cloud to Transform Its Business

    22 October 2018
    Business & Finance

    Milaha has teamed up with Oracle Cloud Applications on digital transformation of its core business operations.

  • 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, […]

  • 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 […]

  • Marine Renewables Canada Makes New Board Appointments

    10 January 2020
    Authorities & Government, Research & Development, Technology

    Marine Renewables Canada has appointed four new members to its board of directors.  “Producing clean energy from tides, waves, rivers and offshore wind across the country and internationally poses significant opportunities for Canada,” said Marine Renewables Canada executive director Elisa Obermann. “We have a goal to help build and support this new industry and to […]

  • Europort Captures Global Industry Mood (The Netherlands)

    23 October 2013
    Business & Finance

    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 […]

  • Ulsan wants to become a methanol bunkering hub

    22 November 2022
    Business & Finance, Business Developments & Projects, Certification & Classification, Collaboration, Environment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition

    Ulsan Port Authority (UPA) has signed a Memorandum of Understanding (MOU) with the international classification society Korean Register (KR) to support methanol-fueled ships and establish the South Korean port as a low-carbon energy hub. “UPA is actively working to make eco-friendly, and low-carbon fuels become more of a universal feature in shipping and port markets. […]

  • USA: Fifth Graders Learn Economic Value of Savannah Deepening

    6 September 2013
    Business & Finance

    To a room full of fifth graders, a one dollar bill gets attention. But the idea of turning that $1 into $5.50 thrills them! That’s the benefit-to-cost ratio for the U.S. Army Corps of Engineers’ Savannah Harbor Expansion Project (SHEP)—a plan to deepen the Savannah River shipping channel from 42 feet to 47 feet to […]

  • Part of Dawlish Warren Scheme Completed Ahead of Schedule

    3 July 2017
    Business & Finance, Project & Tenders

    The £14 million beach management scheme moves a step closer to completion in Devon, the Environment Agency reported a few minutes ago. According to the EA, around the clock dredging and recharge works at Dawlish Warren has paid off, with the completion of the recharge of the western end of the beach a month ahead of […]

  • VIDEO: Scripps Scientists Find ‘Lubricant’ for Earth’s Tectonic Plates (USA)

    21 March 2013
    Business & Finance, Research & Development

    Scientists at Scripps Institution of Oceanography at UC San Diego have found a layer of liquefied molten rock in Earth’s mantle that may be acting as a lubricant for the sliding motions of the planet’s massive tectonic plates. The discovery may carry far-reaching implications, from solving basic geological functions of the planet to a better […]

  • Brazil: GE Invests USD 300 Million in Batista’s EBX

    24 May 2012
    Business & Finance

    GE  and Eike Batista, the founder of the EBX Group (“EBX”) of Brazil, announced that they have signed a strategic investment agreement. Under the terms of the agreement, GE will make a US$300 million primary investment in exchange for a 0.8% preferred equity interest in Centennial Asset Brazilian Equity LLC and other offshore holding companies […]