3673 results found for 'cgx'

3673 results found for 'cgx'
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  • 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 […]

  • Baltic Exchange in Sale Talks with SGX, Others

    26 February 2016
    Business & Finance

    Singapore Exchange Ltd has submitted a non-binding bid for the purchase of the Baltic Exchange, an iconic name in global shipping. Other bidders include CME Group (CME.O), ICE (ICE.N) and Platts, Reuters reports. The Baltic Exchange confirmed in a statement that it has received a number of exploratory approaches and that it is now in confidential discussions […]

  • CMA CGM Nets Financing for NOL Takeover

    3 December 2015
    Business & Finance

    Efforts of the French container shipping company CMA CGM to secure financing for the purchase of Singapore-based Neptune Orient Lines Limited (NOL) seem to have borne fruit.   Namely, the company is reported to have received “firm commitment” from lenders HSBC, BNP Paribas and JPMorgan to bankroll the deal, Reuters reports citing sources familiar with the matter. CMA […]

  • 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 […]

  • 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 Group has reached an agreement

    2 December 2007

    In a move to further its global market presence, CMA CGM Group today announced that it has reached an agreement to acquire US Lines based in Santa Ana, California (USL). US Lines is the vessel sharing partner of ANL, expert of the Australian-New Zealand market, and subsidiary of CMA CGM Group. The two carriers currently […]

  • CMA CGM’s Behemoths to Sail from Asia to US West Coast

    4 March 2016
    Business & Finance

    French liner giant CMA CGM Group said that it will deploy its flagship fleet of six 18,000 TEU vessels between Asia and the West Coast of the U.S. starting end of May. The company said that the decision to send its flagship fleet on the most active and dynamic market to date – the trans-Pacific market is in […]

  • CMA CGM Kimberley LNG-powered boxship delivered

    14 December 2021
    Infrastructure, Vessels

    French shipping major CMA CGM has taken delivery of CMA CGM Kimberley, the second in the series of five 15,000 TEU LNG-powered ships built at the Chinese Jiangnan Shipyard.

  • CMA CGM welcomes another LNG-powered newbuild

    18 November 2024
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    French shipping giant CMA CGM has taken delivery of another LNG-powered newbuild from South Korean shipbuilder Samsung Heavy Industries. The shipowner announced the delivery of CMA CGM Fort Diamant via social media on November 18, 2024. The dual-fuel LNG ship is 168 meters long and has a 7,362 TEU capacity. According to data from VesselsValue, […]

  • Baker Hughes and CGG in alliance for carbon capture and storage

    8 May 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Transition, Vision

    France-based geoscience technology services company CGG and U.S. energy technology company Baker Hughes have signed a memorandum of understanding (MoU) to jointly explore carbon capture and storage (CCS) solutions. CGG said that the collaboration and proposed commercial alliance intends to support the rapid increase of CCS projects by providing high-quality and fully integrated end-to-end solutions to screen, […]

  • CMA CGM inks methanol retrofit deal with CSSC

    31 January 2024
    Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    French container shipping heavyweight CMA CGM and China State Shipbuilding Corporation’s Qingdao Beihai Shipbuilding Co. have sealed a contract for a containership methanol dual-fuel conversion project at Beihai Shipbuilding. The deal is expected to cover 9,360 TEU vessels built around a decade ago, with the commencement of the contract set for the beginning of 2025. […]

  • CMA CGM’s LNG-powered giant calls at Dunkirk

    8 December 2020
    Infrastructure, Vessels

    CMA CGM’s second LNG-powered 23,000 TEU containership, the CMA CGM Champs Elysees has called at Terminal des Flandres at the Grand Port Maritime of Dunkirk.

  • CMA CGM to phase out plastic waste shipping

    14 February 2022
    Environment, Infrastructure, Outlook & Strategy, Transition, Vessels, Vision

    French container shipping major CMA CGM will no longer be transporting any plastic waste aboard its ships, Rodolphe Saadé, Chairman and CEO of the group announced.

  • Commercial Court of Paris Approves CGG Safeguard Plan

    4 December 2017
    Business & Finance

    CGG informed that the Commercial Court of Paris has approved the safeguard plan of CGG. The approval comes after finding the claims filed by certain holders of CGG’s convertible bonds against the safeguard draft plan inadmissible. The next procedural step of CGG’s financial restructuring is the hearing scheduled on December 21, 2017, to consider the […]

  • Eidesvik, CGG Reduce Day Rate for Viking Vanquish

    23 January 2017

    Eidesvik and CGG have agreed on changes to the bareboat contract for the seismic vessel Viking Vanquish. The contract expires in November 2020 effective from January 2017. The day rate will be reduced for the rest of the contract, Eidesvik informed. Eidesvik will receive listed senior notes maturing 2021 and other debt instruments as compensation. The […]