3673 results found for 'cgx'

3673 results found for 'cgx'
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  • 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 […]

  • 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.

  • 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 […]

  • iContainers: M&A in Container Shipping Expected to Ebb in 2018

    26 February 2018
    Business & Finance

    The consolidation drive in the container shipping sector through mergers and acquisitions to slow down in 2018.

  • Drewry: Hanjin’s Misfortune Leaves Gap at THE Alliance

    26 September 2016
    Business & Finance

    Following the bankruptcy of South Korea’s container carrier Hanjin Shipping, the proposed carrier grouping THE Alliance is left at a size disadvantage to both its future rivals, according to shipping consultancy Drewry. Even before Hanjin Shipping filed for bankruptcy protection the industry was preparing itself for big changes to the make-up of the major shipping […]

  • 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 […]

  • France: CGGVeritas Announces Third Quarter 2010 Results

    9 November 2010
    Business & Finance

    CGGVeritas  today its non-audited third quarter 2010 consolidated results. All 2009 results are reported before restructuring. * Group revenue was $656m, down 10% year-on-year and up 1% sequentially on recovering multi-client sales, including Gulf of Mexico, and continued robust Sercel activity * Group operating margin at 4% with contrasting performance: o Sercel: margin up to […]

  • USA: Diamond Offshore Reports 2Q Net Income of USD 266.6 Million

    21 July 2011
    Business & Finance

    Diamond Offshore Drilling, Inc. today reported net income for the second quarter of 2011 of $266.6 million, or $1.92 per share on a diluted basis, compared with net income of $224.4 million, or $1.61 per share on a diluted basis, in the same period a year earlier. Revenues in the second quarter of 2011 were […]

  • 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 […]

  • Coretrax Gets New Business Development Director

    9 December 2014
    Business & Finance, Equipment, Operations & Maintenance

    Coretrax, an engineered service for wellbore clean and abandonment, has appointed a global business development director to focus on the expansion of the company’s global presence. John Fraser joined Coretrax in 2010 as business development manager and has recently been promoted to the newly-created position. Fraser will be responsible for identifying and developing new business […]

  • BPZ Energy Sells Stake in Offshore Block Z-1 to Pacific Rubiales (Peru)

    28 December 2012

    BPZ Energy , an independent oil and gas exploration and production company, announced that on December 26, 2012, it closed its contractual arrangements for the sale of a 49% participating interest (“closing”) in offshore Block Z-1 to Pacific Rubiales Energy Corp. The Board of Directors of Perupetro and the Ministry of Energy and Mines have […]

  • Smooth seas ahead for Premier Alliance, FMC says

    7 February 2025
    Authorities & Government, Regulation & Policy

    The US Federal Maritime Commission (FMC) has cleared the Premier Alliance, a global shipping alliance between South Korea’s HMM, Singapore’s Ocean Network Express (ONE) and Taiwan’s Yang Ming Marine Transport Corporation, for take-off. According to the FMC, the Premier Alliance will start on February 9, 2025. It will allow HMM, ONE and Yang Ming to […]

  • MOL and Mitsui get green light for large ammonia-powered bulker

    27 January 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    Japanese shipping giant Mitsui O.S.K. Lines (MOL) and compatriot trading and investment company Mitsui & Co. have received approval in principle (AiP) from ClassNK for the design of a large ammonia-powered bulk carrier. The approval was granted for the 210,000 dwt Capesize bulker with a main engine fueled by ammonia which does not emit CO2 […]

  • Bord Gáis Energy joins ESB and dCarbonX on green hydrogen storage project

    30 October 2023
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Storage

    Bord Gáis Energy, part of Centrica plc, has joined ESB and dCarbonX on the Kestrel project which proposes the re-development of decommissioned gas reservoirs at the Kinsale Head gas field offshore Ireland for large-scale green hydrogen storage. ESB and dCarbonX, an associate company to Snam, have been working on the assessment and development of Irish […]

  • HMM readies order for methanol-powered newbuilds

    16 December 2022
    Business & Finance, Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    South Korean shipping major HMM is preparing an order for new containerships powered by alternative fuels as part of its future growth strategy. The strategy was announced in July this year with HMM assigning $11.3 billion for future investments, including expansion of its eco-friendly ships from the current 820,000 TEU to 1.2 million TEU by 2026. […]

  • Energy Observer 2 shows that zero-emission cargo ship tech is here

    11 February 2022
    Business Developments & Projects, Outlook & Strategy, Transition, Vessels

    The Ship It Zero coalition welcomed a new zero-emission cargo ship design unveiled by Energy Observer and called on big retailers to use this moment to move their business to ocean shipping carriers that can offer zero-emission shipping solutions.

  • Dutch court orders Shell to curb emissions in ‘historic ruling’

    26 May 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Outlook & Strategy, Transition

    A Dutch court has ordered Shell to deepen its carbon emissions cuts in a ruling described as the first-of-its-kind, but Shell plans to appeal

  • Port of Singapore eyes more clean fuel options

    14 January 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    In order to remain the world’s top bunkering hub, the Port of Singapore needs to look beyond liquefied natural gas (LNG), toward other zero or low carbon fuel types.

  • Singapore: Keppel to Build US$180 Million KFELS B Class Jackup for Jasper

    22 December 2010
    Business & Finance

    Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth about US$180 million from Jasper Investments Limited (Jasper), with an option for another similar unit. The rig is slated for delivery in 2H 2012. If exercised, the option for the additional rig will bring the total contract value […]

  • MOL: First concept of ammonia/liquefied CO2 carrier unveiled

    31 March 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vessels, Vision

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has completed a concept study of an ammonia/liquefied CO2 carrier to flexibly meet future transport demand.

  • South Korea’s shipbuilding orderbook surges to over $7 bln amid strong demand for high-end dual-fuel ships

    21 February 2023
    Business & Finance, Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilders are resuming their winning streak from last year as they reap fruit from the growing demand for high-end ships featuring dual-fuel propulsion and advanced technology. The country’s key ship manufacturers have secured over $7 billion in new orders since the beginning of this year. Korea Shipbuilding & Offshore Engineering (KSOE), an intermediate […]

  • GCMD, partners trial two supply chains of biofuel blends on five vessels

    21 February 2023
    Business Developments & Projects, Green Marine, Vessels

    Singapore-based Global Centre for Maritime Decarbonisation (GCMD), together with its consortium partners, has completed trialling two supply chains of biofuel blends from different origins as part of a drop-in biofuels pilot project announced in July 2022. The full pilot involves 19 industry partners, with 13 vessels spanning the container, tanker, and bulker segments bunkering in […]

  • Shipping moving closer to the ‘point of no return’, says T&E

    13 July 2023
    Environment, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Vessels

    European shipping emissions grew 3% last year as the industry edges closer to pre-pandemic levels, a new analysis by NGO Transport & Environment (T&E) shows. The analysis says that European shipping emitted over 130 million tonnes of CO2, with cruise ship emissions well up on the year before combined with a high number of vessels […]