3673 results found for 'cgx'

3673 results found for 'cgx'
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  • Baltic Exchange Shareholders Approve Takeover by SGX

    26 September 2016
    Business & Finance

    The Baltic Exchange Limited (Baltic Exchange) shareholders approved the GBP 87 million takeover by Singapore Exchange on Monday following a period of extensive consultation with shareholders and other stakeholders. At the General Meeting held on September 26, immediately following the court meeting, the resolutions set out in the notice of the General Meeting included in the Scheme […]

  • VIDEO: CMA CGM Georg Forster Christened

    10 July 2015
    Business & Finance

    French liner company CMA CGM Group christened its largest vessel, the CMA CGM Georg Forster, on July 9th, 2015 in Hamburg, Germany. The christening took place in the presence of Jacques R. Saadé, Chairman and Chief Executive Officer of CMA CGM Group, Mrs Christine Kuehne, the vessel’s godmother, and many institutional and political representatives, partners […]

  • Interactive Image: CMA CGM Containership Dissected

    17 February 2015

    As French liner company CMA CGM welcomes newbuild vessels to its fleet, we have prepared an interactive image to present you with some of the technological solutions used onboard these giant ships. The said technological solutions are aimed at improving vessel performance by complying with ever stringent ecological requirements. To find out more check out […]

  • CMA CGM Extends Its FEMEX Service

    18 February 2014
    Business & Finance

    The CMA CGM Group has extended its FEMEX service on the North Europe – Mediterranean trade. In order to improve the coverage of the North Europe – Mediterranean trade and coinciding with a growing existing demand, the CMA CGM Group is pleased to announce the extension of its FEMEX service in the Black Sea with […]

  • CMA CGM Enters Exclusive Talks with NOL

    22 November 2015
    Business & Finance

    French container line CMA CGM initiated exclusive discussions with Singapore-based Neptune Orient Lines Limited (NOL) and its controlling shareholder Lentor Investments Pte. Ltd., with respect to a potential combination. CMA CGM said that no agreement has yet been reached and no assurance can be given that these discussions will lead to a definitive agreement. The exclusivity period […]

  • CMA CGM Continues with Bulbous Bow Retrofits

    30 October 2014

    The CMA CGM Group will retrofit 10 of its vessels’ bulbous bows in order to continue improving its fleet’s energy efficiency and reduce environmental footprint. The bulbous bows exchanges that are performed within a week in repair yards’ drydocks reduce significantly the ship’s fuel consumption and cut CO2 emissions. Bulbous bows are the underwater part of […]

  • CMA CGM JULES VERNE Readies for Inauguration

    13 May 2013
    Business & Finance

    The CMA CGM Group announced the arrival of CMA CGM JULES VERNE, the world’s largest containership, sailing under the French flag. CMA CGM JULES VERNE began its first rotation on Friday, May 3rd, in Pusan, South Korea. Operated on the emblematic line of the Group, the « French Asia Line » (FAL 1), the CMA […]

  • CMA CGM Linked to Boxship Order at Yangzijiang

    15 December 2017
    Business & Finance

    CMA CGM tied to an order for three 2,200 TEU containerships at Chinese Yangzijiang Shipbuilding Holdings.

  • CMA CGM Ganges Grounds off Guayaquil

    27 September 2017

    The 9,962 TEU CMA CGM Ganges briefly ran aground while exiting Guayaquil, Ecuador, on September 25, Oceanbulk Containers, the ship’s owner, told World Maritime News.  Due to the low tide, the Post-Panamax suffered a soft grounding in the mud. Following the grounding, class and other relevant authorities were informed immediately. “There was no pollution or […]

  • Moody’s Sets CMA CGM’s Outlook at Positive

    16 October 2017
    Business & Finance

    The corporate family rating of French shipping major CMA CGM has been affirmed at B1, the probability of default rating at B1-PD and the rating of CMA CGM’s senior unsecured notes at B3, Moody’s rating agency said. Moody’s further assigned a B3 instrument rating to the proposed EUR 300 million senior unsecured notes due 2025. […]

  • Dubois Appointed CFO of CMA CGM Group

    3 August 2010

    CMA CGM Group announced the appointment of Olivier Dubois as Group Chief Financial Officer. He will replace Jean-Yves Schapiro who has decided to take on new challenges outside the shipping industry. Olivier Dubois graduated from ESSEC Business School in 1976 and IEP Paris (Business Administration) in 1978.

  • BP hires CGG for Nile delta imaging

    5 July 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    CGG has secured a contract with oil major BP and its joint venture partner Pharaonic Petroleum for the 3D seismic imaging of the first-ever OBN survey conducted in the Nile delta covering the Atoll and Atoll North fields. CGG will apply its high-end OBS & FWI imaging technologies and specialized HPC from its UK and […]

  • Kriegers Flak CGS commissioning postponed again

    7 September 2020
    Business Developments & Projects

    The commissioning procedures for the Kriegers Flak Combined Grid Solution (CGS) have reached the final stage, according to Energinet. The system tests on the 400 MW offshore grid link are currently ongoing. Due to the solving of technical challenges that occurred in the tests, extra time is needed and commercial operation is expected for launch […]

  • Kriegers Flak CGS launch delayed again

    3 July 2020
    Business Developments & Projects

    The launch of Kriegers Flak Combined Grid Solution (CGS) has again been delayed, now until the end of September. The final steps of the commissioning procedures for the overall CGS system are confronted with ongoing movement restrictions for the Swedish team members due to the coronavirus pandemic, according to Energinet. “50Hertz and Energinet are monitoring […]

  • CMA CGM remains optimistic despite coronavirus

    8 June 2020
    Business & Finance, Business Developments & Projects

    Despite challenges caused by the coronavirus pandemic, French container shipping major CMA CGM closed the first quarter of this year with a positive net result.

  • CMA CGM Benjamin Franklin in Port of Oakland

    31 December 2015
    Business & Finance, Equipment, Technology

    The CMA CGM Benjamin Franklin, an 18,000-TEU megaship named in honor of one of America’s founding fathers, is expected to call at the Port of Oakland today, making it the largest container ship of this capacity ever to call at any port in the United States. The vessel, operated by France-based shipping line CMA CGM, […]

  • Maryland: Update on the Expansion of Cox Creek Facility

    5 April 2017
    Business & Finance

    The Maryland Department of Transportation’s Port Administration will provide an update on the expansion of the Cox Creek Dredged Material Containment Facility at the Public Information Meeting set for Thursday, April 6, 2017. Two days after the meeting, on Saturday, April 8, the department will be offering public tours of the Cox Creek facility, demolition area, […]

  • CGG Begins OBN Survey in Gulf of Mexico

    14 May 2019
    Operations & Maintenance, Project & Tenders

    CGG has started its first multi-client ocean bottom node (OBN) survey, located in the north-central region of the Gulf of Mexico. The OBN survey will provide well-sampled, full azimuthal coverage with long offsets, to deliver exceptional data for imaging the geologically complex structures in Mississippi Canyon. Acquisition services are being provided by Seabed Geosolutions and […]

  • CMA CGM obtains € 1.05 billion loan

    13 May 2020
    Business & Finance

    French container shipping major CMA CGM has secured a €1.05 billion ($1.1. billion) syndicated loan, the company announced. As disclosed, the loan will be arranged by a consortium of banks BNP Paribas, HSBC France and Société Générale and it would be 70% percent guaranteed by the French Government. It is part of France’s State-guaranteed loan scheme […]

  • SeaBird Acquires Seismic Vessel from CGG

    12 July 2018
    Project & Tenders

    SeaBird Exploration has started the acquisition process of the seismic vessel ‘Geowave Voyager’ and certain seismic equipment from Exploration Vessel Resources II, a wholly owned subsidiary of CGG for a cash consideration of USD 17 million. The acquisition also includes 40 km of Sercel Sentinel solid streamer. The Geowave Voyager was built in 2009 for an […]

  • CMA CGM Reshuffles Asia-Europe Service

    3 September 2015
    Business & Finance

    French container shipping company CMA CGM and Ocean Three partners have decided to merge their FAL2 and FAL3 loops in order to adapt to the current market situation between Asia and Europe. This is the latest reshuffle in the trade amid collapsing freight rates spurred by lower demand on the trade this year. As informed, the new […]

  • CMA CGM Bolsters Ties with DP World

    12 April 2018
    Business & Finance

    CMA CGM has extended its long-term stevedoring deal with DP World Australia.

  • CMA CGM finalises investment deal with Yildrim

    31 January 2011

    CMA CGM has finalised its deal with Yildirim Group, and its former boss has returned to the helm, as the carrier continues to seek finance to repay debts thought to amount to around US$5 billion.

  • CMA CGM Magellan Brings Art to Sea

    24 June 2014
    Business & Finance

    CMA CGM Magellan, a 365 meters long container ship, will be covered by a collage made by French artist JR on more than 150 containers as part of “Terre d’Eaux” festival, according to CMA CGM Group. For the first time, a container ship will be turned into a work of art welcoming on its front […]

  • Latest Triumphs of Full Waveform Inversion at CGG

    12 June 2013
    Business & Finance

    Full Waveform Inversion (FWI) uses every aspect of the recorded seismic wavefield to provide high-resolution earth models. CGG has demonstrated the benefits for many acquisition scenarios including ocean bottom, conventional streamer, BroadSeisTM variable-depth streamer and onshore. Algorithms such as Reverse Time Migration (RTM) can make full use of the detailed velocity models to produce clearer […]