3678 results found for 'cgx'

3678 results found for 'cgx'
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  • EU Clears Acquisition of CEVA by CMA CGM

    8 February 2019
    Business & Finance

    The European Commission gives the green light to CMA CGM to acquire Swiss CEVA Logistics.

  • CMA CGM to Launch Total NOL Takeover

    29 June 2016
    Business & Finance

    French container shipping major CMA CGM S.A. has crossed the compulsory acquisition ownership threshold in Neptune Orient Lines Limited (NOL) and now owns 91.28% of NOL’s share capital. Following its all-cash voluntary conditional general offer for NOL, which was launched on June 6, CMA CGM now owns over 2.37 million shares in the company. The company […]

  • Fire Delays CMA CGM Rossini in Colombo

    23 June 2016
    Business & Finance

    The 5,770 TEU containership CMA CGM Rossini is wrapping up operations at the port of Colombo, Sri Lanka, and will be on its way in a few days after a fire in one of its holds kept the vessel at berth since June 15. Namely, a fire broke out in the hold number 5 on board the vessel while […]

  • CMA CGM Takes Majority Stake in NOL

    10 June 2016
    Business & Finance

    French container shipping company CMA CGM S.A. has taken the controlling stake of approximately 78.07 percent of all Neptune Orient Lines’ (NOL) shares from the company’s majority shareholders, led by Singapore’s investment fund Temasek. The company satisfied on 9 June the acceptance condition in its all-cash voluntary conditional general offer for NOL, after the company’s shareholders […]

  • CMA CGM Wraps Up Acquisition of Containerships

    31 October 2018
    Business & Finance

    CMA CGM Group completed today the acquisition of Containerships.

  • CMA CGM Takes Second Guyanamax Boxship

    5 August 2015
    Business & Finance

    French container line CMA CGM took delivery of the CMA CGM Marseille, the second container ship in its three-vessel Guyanamax series, from South Korea’s Hyundai Mipo Dockyard on July 29. This 2,100 TEU vessel is 190 meters long, 30 meters wide, and will sail under the flag of the United Kingdom. The CMA CGM Marseille will be positioned on […]

  • CMA CGM Takes Second Guyanamax Boxship

    5 August 2015
    Business & Finance

    French container line CMA CGM took delivery of the CMA CGM Marseille, the second container ship in its three-vessel Guyanamax series, from South Korea’s Hyundai Mipo Dockyard on July 29. This 2,100 TEU vessel is 190 meters long, 30 meters wide, and will sail under the flag of the United Kingdom. The CMA CGM Marseille will be positioned on […]

  • Wärtsilä Engine Chosen for CMA CGM’s Titan

    17 July 2015
    Business & Finance

    WinGD, a joint venture between Finnish marine engine builder Wärtsilä and China State Shipbuilding Corporation, has been chosen to provide the engine for the first in a series of 20,600 TEU container ships being built for the French container line CMA CGM. The mega vessel will be powered by the Wärtsilä X92, low-speed, 2-stroke engine. The Wärtsilä X92 engine chosen […]

  • 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 Gets Its Biggest Boxship

    1 April 2015
    Business & Finance

    French container carrier CMA CGM has taken delivery of a 17,722 TEU CMA CGM Kerguelen, the largest container ship in its fleet, in Busan, South Korea. The 398 meters long and 54 meters wide Kerguelen will be positioned on the company’s French Asia Line. From Le Havre, the ship will export consumer products, luxury products, as well […]

  • CMA CGM Expands West African Services

    18 March 2016
    Business & Finance

    French container shipping major CMA CGM has upgraded its services linking the West African coast to Europe, Asia, Middle East and India as a part of the company’s new strategy in the West African region.  The new MIDAS service calls at 7 West African ports from India and Middle East. An extended coverage is provided in […]

  • CMA CGM’s Profit Edges Down in 2015

    8 March 2016
    Business & Finance

    French container shipping major CMA CGM has reported a volume growth of 6.3% year-on-year in 2015, reaching 13 million TEUs, a major factor that helped curb further decline of the company’s consolidated revenue that went down 6.4% year-on-year reaching USD 15.7 billion. The group’s consolidated net profit had a pretty stable run, totaling in USD 567 million, somewhat lower […]

  • CMA CGM Invests in New Information System

    22 October 2013
    Business & Finance

    CMA CGM, a global leader in container shipping, present in 150 countries with 650 agencies and 18,000 professionals worldwide, is investing in a new Information System at the forefront of innovation. It will enable the Group to develop the first system totally dedicated to container shipping, thereby consolidating its position as the world’s third largest […]

  • CMA CGM Improves Its SAMWAF Service

    10 March 2014
    Business & Finance

    The CMA CGM Group has announced the improvement of its SAMWAF service from South America to West Africa with the addition of a new call in Tema, Ghana. This new call in Tema will allow the CMA CGM to offer a direct service to the Ghanaian market from South America East Coast as well as […]

  • CMA CGM Bolsters West Africa Links

    1 June 2015
    Business & Finance

    French container line CMA CGM Group is launching a new service dubbed WAZZAN to link Morocoo to North West Africa, and improve its Intra African coverage. CMA CGM says the new service improves transit times between Mauritania, Senegal and Morocco by 8 days by replacing the previous transshipment calls by direct ones. The WAZZAN will also add a new direct […]

  • Volumes up, Profit down at CMA CGM

    29 August 2014
    Business & Finance

    The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer, to review the financial statements for the second quarter of 2014. In the second quarter, in a market environment shaped by diverging developments in different regions: Consolidated […]

  • Myanmar: CGG Launches Subsurface Imaging Center

    2 July 2014
    Business & Finance, Equipment, Research & Development

    CGG has recently inaugurated an open subsurface imaging center in Yangon to service and support anticipated growth in Myanmar’s oil and gas exploration sector.   The new center is the first of its kind to be opened in Myanmar by a major international geoscience company. The inauguration ceremony was attended by Myanmar’s Deputy Minister for […]

  • Kriegers Flak CGS Cables Put to the Test

    13 November 2018
    Business & Finance, Equipment, Operations & Maintenance

    50Hertz and Energinet have accomplished the 24 hours tests of both of the offshore cables connecting the Danish platform of the Kriegers Flak windpark with the German platform Baltic 2. One after another, the two cables were energised and are now ready to transport the electricity. “Everyone in the team, from NKT, our colleagues from […]

  • CGG Supports SNH in Cameroon Licensing Round

    19 January 2018
    Business & Finance

    CGG has, under the agreement with Société Nationale des Hydrocarbures (SNH), started to promote multi-client E&P data packages, in support of Cameroon’s 2018 onshore & offshore licensing round. SNH, the national oil and gas company of Cameroon, opened the licensing round for eight free blocks on offer, located in sedimentary basins offshore and onshore Cameroon. The licensing round opened […]

  • Gardline CGG in Houtman 2D survey (Australia)

    5 November 2014
    Business & Finance, Equipment

    Gardline CGG Pte Ltd has been selected by Geoscience Australia to acquire the Houtman 2D broadband marine seismic survey in the Perth Basin, offshore Australia.  M/V Duke is currently transiting to Western Australia following the completion of the BRAHSS project in Queensland. The survey will cover up to 4,800 line kilometres in the Houtman sub-basin […]

  • CGG in Record Q4 Multi-Cliet Sales

    6 January 2015
    Business & Finance, Operations & Maintenance

    CGG has announced record quarterly multi-client sales and solid vessel production rate for the fourth quarter (Q4) 2014. Jean-Georges Malcor, CEO, CGG, said: “Our outstanding level of multi-client sales this quarter is clearly positive news given the unfavorable context of current oil prices. It also confirms client recognition of our excellent technology and the unique […]

  • Brazil: OGX Announces New Management Structure

    30 April 2012
    Business & Finance

    OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, in order to adapt to its new phase of operations, with the beginning of production and commercialization of oil and natural gas, announced its new corporate structure and composition of its executive management, and the creation of a Management […]

  • OGX Appoints New Team Members (Brazil)

    16 October 2013
    Business & Finance

    OGX Petróleo e Gás Participações S.A., announces that its Board of Directors deliberated for the nomination of Paulo Narcélio Simões Amaral as the new Chief Executive Officer, accumulating the role with the positions of Chief Financial Officer and Investor Relations Officer and replacing Luiz Eduardo Guimarães Carneiro. The Board of Directors also decided to retain […]

  • CMA CGM Marks Record Volume Surge

    24 November 2014
    Business & Finance

    France’s CMA CGM Group, the world’s third largest container shipping company, carried 3.2 million TEUs in the third quarter of 2014, an increase of 8.3% compared to 3Q 2013, and the highest level in the company’s history, which is contributed to the lines deployed in high-growth areas and to the strength of the services offered on the main markets. Consolidated […]

  • 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 […]