3671 results found for 'cgx'

3671 results found for 'cgx'
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  • CGG Reduces Rates for Two More Vessels

    23 January 2017

    French seismic survey specialist, CGG has reduced day rates for two more seismic vessels following the reduction for an Eidesvik-owned ‘Viking Vanquish’ vessel. The reduction of the day rate for the Viking Vanquish seismic vessel is effective from January 2017. Reflecting CGG’s commitment to focus on strict cost and cash management, CGG and its Norwegian subsidiary Exploration […]

  • Eidesvik lands source vessel work with CGG

    13 November 2018
    Business & Finance

    A company in the Eidesvik Offshore ASA group has entered into an agreement with a CGG subsidiary for a new contract for the source vessel Veritas Viking.

  • 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.

  • 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 […]

  • 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 […]

  • CGG to Close Acquisition of Fugro’s Airborne Activities

    3 September 2013
    Business & Finance

    CGG announced that the main administrative authorizations have now been received allowing CGG to close its acquisition of Fugro’s Airborne activities. Certain administrative actions are still to be completed, but these do not impact business continuity and are expected to be finalized shortly. The Airborne acquisition concretizes the final stage in CGG’s successful acquisition and […]

  • Petronas Not Eyeing OGX Offshore Blocks in Brazil

    18 April 2013

    Malaysia’s state controlled oil and gas company Petronas yesteday issued a statement in response to media writings on the company’s possible acquisition of OGX ’s interest in the Tubarao Martelo oil block in Brazil’s Campos Basin. Petronas denied the media speculation saying: “Petronas has not entered into any agreement with OGX or any other party with […]

  • Brazil: OGX Finds Hydrocarbons in Campos Basin

    27 April 2012
    Business & Finance

    OGX Petróleo e Gás Participações S.A., the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in carbonate reservoirs in the Albian section of well 1-OGX-79-RJS, in block BM-C-39, in shallow waters of the Campos Basin. OGX holds 100% interest […]

  • Technip backs out of CGG takeover talks

    15 December 2014
    Business & Finance

    French oilfield services provider Technip has pulled out of CGG takeover talks. Technip approached its compatriot CGG, a seismic acquisition specialist, with a view to making an offer on November 10, 2014 and announced its intents to the press on November 20. At the time, the plan was for the proposed transaction to take the […]

  • French creditors approve CGG’s safeguard plan

    31 July 2017
    Business & Finance

    French geophysical services player CGG has received an approval of its draft safeguard plan by creditors’ committees in France as the company is working to cut about $2 billion off of its debt.  The company’s restructuring plan entails full conversion of unsecured debt into equity and raising up to $500 million of new money through a $125 million rights […]

  • CGG: Davros survey takes off (Australia)

    2 March 2015
    Equipment

    CGG has started acquiring the Davros 3D BroadSeis™and BroadSource™ multi-client survey in the Northern Carnarvon Basin on the North West Shelf of Western Australia. Covering in excess of 11,000 km2, Davros is the largest seismic survey ever to be acquired by CGG in the Asia-Pacific region, CGG said in the press release. The Davros survey […]

  • 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 Christens World’s Biggest Boxship

    31 May 2013

    The CMA CGM Group today, in Hamburg, held the christening ceremony of the 16 000 TEU vessel CMA CGM ALEXANDER VON HUMBOLD. Built by DSME (Daewoo Shipbuilding and Marine Engineering) in South Korea, the vessel, owned by CMA CGM, displays exceptional dimensions: 396 meters long, 54 meters wide, with a draft of 16 meters and sails under the UK […]

  • 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. […]

  • EU Approves CMA CGM’s Acquisition of NOL

    29 April 2016
    Business & Finance

    French container shipping major CMA CGM announced today that it has received approval from the European Commission for its pending USD 2.4 billion acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company. CMA CGM said that the proposed transaction was notified to the European Commission on March 8, 2016 and was cleared […]

  • 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 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • CGG and Kent partner up for hydrogen and CCUS

    5 April 2022
    Business Developments & Projects, Carbon Capture Usage & Storage, Infrastructure, Project & Tenders

    French geophysical services firm CGG and Dubai-based energy engineering company Kent will work together on CCUS development and hydrogen production and supply.

  • Energy XXI, Cox merger nearly done

    18 October 2018

    After a recent delay, Energy XXI Gulf Coast (EGC) and Cox Oil (Cox) are on Thursday expected to complete the previously announced merger deal.

  • Cox Oil-Energy XXI merger postponed

    11 October 2018
    Business & Finance

    Energy XXI Gulf Coast (EGC) and Cox Oil LLC have agreed to postpone the closing date of the merger between the two companies by one week.

  • CGN orders Wärtsilä engines for hybrid ferries

    19 November 2020
    Infrastructure, Vessels

    The Finnish technology group Wärtsilä has been selected to supply the engines and related emissions control after-treatment systems for two CGN hybrid ferries.