3676 results found for 'cgx'

3676 results found for 'cgx'
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  • 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.

  • BP, CGG in Marine Seismic Source Project

    28 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    CGG and BP have today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on successful prototype trials. Seismic surveys have for decades been the exploration […]

  • Sterling: CGG Starts Ambilobe 3D Shoot

    27 April 2015
    Business & Finance, Operations & Maintenance

    Sterling has kicked off its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. The acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within 45-50 days. The Ambilobe PSC, awarded in 2004, is in Phase […]

  • 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 […]

  • CGG in Seismic Survey Extension Offshore Colombia

    3 February 2016
    Operations & Maintenance

    CGG has been awarded an extension of 3D seismic survey on the Caribbean coast offshore Colombia. The new survey follows on from the original over 16,000 km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which, according to the company, was the largest survey ever recorded offshore Colombia. The extension is expected to start […]

  • CGG: First Quarter 2014 in Line with Expectations

    7 May 2014
    Business & Finance, Operations & Maintenance

    CGG, a fully integrated Geoscience company providing leading geological, geophysical and reservoir capabilities to its broad base of customers primarily from the global oil and gas industry, announced its non-audited 2014 first quarter results.   First quarter results reflecting execution of contracts secured end-2013 in low market conditions: – Revenue at $806m, – Operating income […]

  • CGG’s 3Q net income at $41 million

    6 November 2019
    Business & Finance

    French marine seismic company CGG reported Group net income of $41 million for the first quarter of 2019, compared to the previous year’s 3Q loss of $1.5 million. Group revenue was $323.4 million down $387.7 million in the third quarter of 2018. Operating income was higher in this year’s 3Q coming in at 98 million, […]

  • CGG terminates seismic vessel contract with Eidesvik

    1 July 2019
    Business & Finance

    Norwegian shipping company Eidesvik Offshore and French geophysical services company CGG have agreed to terminate the contract for the Viking Vanquish seismic vessel.

  • SGX Wraps Up Baltic Exchange Acquisition

    8 November 2016
    Business & Finance

    Singapore Exchange Limited (SGX) has finalized the acquisition of approved of London-based Baltic Exchange Limited, bringing together complementary strengths of Singapore and London, two of the world’s most important maritime centres. The parties said that the despatch of consideration and payment of the Special Dividend to Baltic Exchange shareholders is expected to take place on […]

  • CMA CGM Puts Newbuild Duo to Work

    17 February 2015
    Business & Finance

    The French container carrier CMA CGM took delivery of the CMA CGM Loire and the CMA CGM Ural, the fifth and the sixth in a newbuild series of twenty-eight vessels of the 9,400 TEUs to 10,900 TEUs capacity. The Danube, Elbe, Litani and Tigris are the first in this series of container ships named after famous rivers of the world. […]

  • 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 […]

  • Another Behemoth Joins CMA CGM’s Fleet

    28 July 2015
    Business & Finance

    French liner company CMA CGM Group took delivery of the CMA CGM Vasco de Gama on July 27th from China State Shipbuilding Corporation. This 18,000 TEUs vessel is, with its 399 meters length and 54 meters width, the largest containership of the CMA CGM Group. It will sail under the UK flag. Calling 11 different countries, the […]

  • CMA CGM Gets First Guyanamax Ship

    23 July 2015

    CMA CGM Group’s first vessel of the Guyanamax series, CMA CGM Cayenne, was delivered in South Korea on July 21st. This vessel is 190 meters long and 30 meters wide, and has 2,100 TEU containers capacity. It was built by the Korean shipyard Hyundai Mipo Dockyard and will be sailing under the UK flag. CMA […]

  • 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 […]

  • CMA CGM reshuffles Asia-Europe trades

    19 June 2009

    French shipping line CMA CGM has announced it is restructuring its Asia-Europe services from 30 June. Nicolas Sartini, senior VP Asia Europe Lines, said: “CMA CGM group is eager to offer its customers an enhanced service quality and a unique port coverage without adding capacity to the market. “Indeed, we have entered a number of […]

  • CGN’s Rudong OWF Soon to Go Online

    9 September 2016

    China General Nuclear Power Group’s (CGN) 152MW Rudong offshore wind farm demonstration project will soon be fully operational, China Daily reports. The first of 38 Siemens 4MW wind turbines at the Rudong offshore wind farm, located around 25 kilometers offshore Shayang Yangkou Port, was installed in September 2015. In January, the offshore wind farm started producing power after the […]

  • Assodivers Win Kriegers Flak CGS Contract

    10 October 2017
    Storage

    Energinet.dk and 50Hertz have selected Greece-based Assodivers for cable burial works at the Kriegers Flak Combined Grid Solution (CGS), a project that will interconnect Danish and German grids via Kriegers Flak and Baltic 2 offshore wind farms.

  • CMA CGM in talks to acquire La Méridionale

    15 February 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Vessels

    French container shipping major CMA CGM Group has entered into exclusive discussions with STEF Group to acquire 100% of La Méridionale, a mixed freight and passenger shipping company based in Marseille. “With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean, while strengthening the position of the port of Marseille and […]

  • CMA CGM to launch startup accelerator in UK

    5 October 2023
    Automation, Business Developments & Projects, Collaboration, Equipment, Green Marine, Innovation, IT & Software, Outlook & Strategy, Research & Development, Technology, Transition, Vessels

    French shipping major CMA CGM Group plans to launch ZEBOX UK, a global startup accelerator, in Manchester this month. The Manchester-based startup accelerator is ZEBOX’s sixth innovation hub in the world, focusing on operational efficiency, decarbonization, future of work and artificial intelligence in supply chain, logistics, transport, energy and beyond. With five universities, attractive financial […]

  • PGS and CGG enter CO2 storage partnership

    22 July 2021
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration

    PGS and CGG have signed a Memorandum of Understanding (MoU) to combine their seismic multi-client products and technical capabilities applied to the carbon capture utilization and storage (CCUS) sector. The seismic players stated they want to join forces and unlock the value of existing seismic data for carbon storage evaluation. Together they intend to explore, […]

  • CMA CGM rides the trade recovery wave

    23 November 2020
    Business & Finance

    French container shipping major CMA CGM posted strong business results in the third quarter of 2020 amid a recovery in demand for transportation of goods which was hit considerably by the COVID-19 pandemic in the first half of the year. CMA CGM reported a revenue increase of 6% year-on-year, reaching $ 8.1 billion. The Q3 […]

  • CGG Begins CWAz Survey in Gulf of Mexico

    25 September 2017
    Operations & Maintenance

    CGG has started the acquisition of its first complementary wide-azimuth (CWAz) survey, known as AC CWAz, a BroadSeis 3D multi-client program in southern Alaminos Canyon, Gulf of Mexico. Extending over 130 OCS Blocks and covering Great White and the recent Whale discovery, AC CWAz is supported by industry funding and complements CGG’s existing surveys in […]

  • CGG Gets Green Light for Restructuring Plan

    13 November 2017
    Business & Finance, Operations & Maintenance

    CGG said that its shareholders have approved all the resolutions required to implement the financial restructuring plan. Jean-Georges Malcor, CEO of CGG, said: “We thank the shareholders for their decisive support for the future of the company. This favorable vote is a new key step forward in the implementation of our financial restructuring. “This financial […]

  • CGG Delivers Cairenn Survey PSDM Data

    30 October 2017
    Operations & Maintenance

    CGG has completed a Pre-Stack Depth Migration (PSDM) of its Cairenn multi-client survey in the Porcupine Basin, west of Ireland. Cairenn is the first of a series of multi-client surveys that CGG has recently been acquiring in the area. PSDM products for its Galway survey will be delivered before the end of the year. The […]