3678 results found for 'cgx'

3678 results found for 'cgx'
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  • CMA CGM Compromising to Get EU’s Nod on NOL Takeover

    11 April 2016
    Business & Finance

    French liner giant CMA CGM submitted on Thursday a filing to the European Commission that is said to contain concessions expected to ensure the antitrust approval of its USD 2.4 billion takeover of Singaporean counterpart Neptune Orient Lines, data on the European Commission website shows. Under the proposal, the French company is expected to withdraw NOL’s APL from competing shipping alliances, Reuters […]

  • CMA CGM Posts 67 Percent Quarterly Profit Growth

    31 August 2015
    Business & Finance

    French container line CMA CGM Group recorded USD 156 million net profit for the quarter ended June 30, up 66.7% compared to USD 94m net profit in the second quarter of 2014, with greater volumes carried and a dip in unit costs helping offset a sharp fall in freight rates and industry overcapacity.  Volumes carried during the second […]

  • CMA CGM Posts 67 Percent Quarterly Profit Growth

    31 August 2015
    Business & Finance

    French container line CMA CGM Group recorded USD 156 million net profit for the quarter ended June 30, up 66.7% compared to USD 94m net profit in the second quarter of 2014, with greater volumes carried and a dip in unit costs helping offset a sharp fall in freight rates and industry overcapacity.  Volumes carried during the second […]

  • CMA CGM Inks Deal with IRISL to Increase Presence in Iran

    29 January 2016
    Business & Finance

    French container shipping company CMA CGM has signed a preliminary agreement with the Islamic Republic of Iran Shipping Lines (IRISL) which aims at increasing the company’s footprint in Iran, the French government said. Signed during a visit to Paris by the Iranian President Hassan Rouhani yesterday, the agreement will cover sharing capacity between CMA CGM and […]

  • CMA CGM Group, LPLE Sign Lekki Port Deal

    16 April 2018
    Business & Finance

    The CMA CGM Group and Lekki Port LFTZ Enterprise (LPLE), the promoters of Lekki Deep Sea Port, have signed a Memorandum of Agreement to operate Lekki Port’s future container terminal. Located in Nigeria, Africa’s largest economy, the future Lekki Deep Sea Port will be developed, built and operated by LPLE, a joint venture enterprise led […]

  • Energinet.dk Calls for Bids for Kriegers Flak CGS Cable Job

    6 November 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    The Danish grid operator, Energinet.dk, has invited contractors to apply for design, production, delivery, execution and completion of 2 x 25 km 3 core 150 kV subsea cable, intended for Kriegers Flak Combined Grid Solution (KF CGS). The work scope also includes transport and laying of the 150 kV submarine cables, pull-in onto Kriegers Flak […]

  • Ethics vs. sustainability – Where will Cuba accusations lead CMA CGM business?

    11 August 2021
    Authorities & Government, Business Developments & Projects, Infrastructure, Ports & Logistics, Regulation & Policy, Rules & Regulation, Vessels

    French container shipping major CMA CGM is facing formal accusations in the USA for what was described as “illegal” dealings with Cuba.

  • CMA CGM secures Brazilian gateway with terminal operator transaction

    25 April 2025
    Business & Finance, Business Developments & Projects

    Following regulatory approvals from relevant authorities, Marseille-based logistics and shipping giant CMA CGM has closed the acquisition of Santos Brasil Participações, a major Brazilian multi-terminal operator. As divulged, the company has wrapped up the purchase of 47.9% of the terminal operator. This, added to the 3.1% shares acquired by an affiliate of CMA CGM back […]

  • CMA CGM Buys 10 Pct Share in CSP Zeebrugge Terminal

    23 July 2018
    Business & Finance

    CMA CGM has agreed to buy a 10% equity interest in CSP Zeebrugge Terminal from CHINA SHIPPING Ports.

  • CMA CGM settles Clean Water Act violations with EPA

    7 August 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Green Marine, Regulation & Policy, Rules & Regulation, Vessels

    The U.S. Environmental Protection Agency (EPA) has settled with French container shipping major CMA CGM over claims of violations of EPA’s vessel general permit issued under the Clean Water Act. Under the terms of the settlements, CMA CGM will pay $165,000 in penalties for claims of violations by four of the company’s ships involving ballast […]

  • France Based CMA CGM Announces New Cooperation with MSC and CSAV

    27 March 2012
    Business & Finance

    CMA CGM announced a new cooperation with MSC and CSAV, replacing existing cooperation with Hamburg Sud and Hapag Lloyd. As from the 11th April 2012, at Rotterdam, CMA CGM will start a new cooperation with MSC and CSAV, on the North Europe East Coast – South America trade. This new cooperation will allow CMA CGM […]

  • LNG dual-fuel 13,000 TEU CMA CGM Sao Paulo wraps up sea trials

    10 May 2024
    Vessels

    Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has revealed that CMA CGM Sao Paulo, a 13,000 TEU dual-fuel containership owned by French shipping major CMA CGM, has completed its sea trails.

  • Methanol-fueled CMA CGM Argon joins French liner’s expanding 13,000 TEU fleet

    19 May 2025
    Vessels

    French shipping heavyweight CMA CGM has taken delivery of the future-proof CMA CGM Argon, the following unit in a 13,000 TEU container vessel series the company booked at South Korean shipbuilding major HD Hyundai. As disclosed, the Malta-flagged newbuilding, which was constructed by HD Hyundai Samho, was handed over to its owner on May 15 […]

  • CMA CGM Launches First 23,000 TEU LNG-Powered Giant

    25 September 2019
    Business & Finance

    The first of the nine newbuildings is named after CMA CGM founder Jacques Saade.

  • LNG-powered CMA CGM Indianapolis makes maiden call to Bremerhaven

    20 February 2024
    Infrastructure, Ports & Logistics, Vessels

    CMA CGM Indianapolis, the first new 7,000CEU LNG dual-fuel car carrier in CMA CGM’s fleet, has made its maiden call at BLG AutoTerminal Bremerhaven, Germany.

  • OSX Brasil Receives Order for Three New FPSO Units from OGX

    14 April 2011

      OSX Brasil S.A., a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, announces to its shareholders and the market in general that: OSX has received from […]

  • CMA CGM to call for decarbonization projects in early 2023 bankrolled by €200 mln budget

    28 November 2022
    Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition, Vessels

    French container shipping CMA CGM is getting ready to launch a call for projects in early 2023 intended to support the decarbonization of the French shipping and port industry. The company has already committed a €200 million budget for the projects from its five-year $1.5 billion budget, which was launched in September 2022 to accelerate […]

  • Drewry: Carriers Cut Asia-WCNA Services ahead of Q3 Peak Season

    4 July 2016
    Business & Finance

    Depressed rates and slowing demand during much of the second quarter have now forced the carriers to withdraw services in their Asia-West Coast North America loops – action which is quite unprecedented just ahead of the third quarter peak season, according to shipping consultancy Drewry. Cosco terminated its America-Asia Container (AAC) loop which connected North and […]

  • CGG pens ‘largest ever’ deal for OBN seismic data processing

    18 June 2019
    Business & Finance

    The contract has been awarded by ADNOC in Abu Dhabi

  • Yangzijiang First to Launch Dual Currency Trading

    25 July 2013

    Yangzijiang Shipbuilding (Holdings) Ltd (Yangzijiang) one of PRC’s leading and most enterprising shipbuilders listed on the SGX Main Board, informed that with effect from 9.00 a.m. on 5th August 2013, Yangzijiang’s shares will commence trading on Singapore Exchange (SGX) in Renminbi (RMB). Yangzijiang is set to be the first to launch dual currency trading in […]

  • Axpo marks Spain’s ‘inaugural’ bio-LNG bunkering for large container vessels as done

    7 August 2025
    Business Developments & Projects, Collaboration, Ports & Logistics, Vessels

    Switzerland-headquartered renewable energy producer Axpo has wrapped up what it described as Spain’s first bio-LNG ship-to-ship (STS) bunkering operation within the large container shipping segment. As disclosed, the supply of biological liquefied natural gas was conducted on August 7 at the Port of Algeciras. The initiative reportedly involved an STS transfer of over 4,000 cubic […]

  • Jacobs to Deliver CGG Concept Development Study to Santos, Australia

    14 January 2013

    Jacobs Engineering Group said it has been awarded a contract from Santos, one of Australia’s largest domestic gas producers, to deliver the concept development study for its Cooper Gas Growth (CGG) satellite developments in South Australia. Officials did not disclose the contract value. The satellite developments are an integral component of Santos’ CGG program, which […]

  • CMA CGM signs its first port investment in China

    26 November 2007

    A ‘strategic cooperation agreement for the development of the port of Haicang at Xiamen’ was signed today by CMA CGM Group, the Municipality of Xiamen (province of Fujian) and New World Services Holding Ltd (NWS), at the Great Hall of the People in Beijing, in presence of the French and Chinese presidents, Mr Nicolas SARKOZY […]

  • CMA CGM partners with MPA to speed up maritime decarbonisation

    24 June 2022
    Business Developments & Projects, Collaboration

    French shipping giant CMA CGM Group and Maritime and Port Authority of Singapore (MPA) have signed a memorandum of understanding (MoU) to collaborate on the development of capabilities and solutions across maritime decarbonisation, digitalisation and innovation. 

  • CGG’s Revenue 24 Pct Up in Second Quarter 2013

    2 August 2013
    Business & Finance, Operations & Maintenance

    CGG announced its non-audited second quarter 2013 consolidated results. All comparisons are made on a year-onyear basis with CGG 2012 results before the Fugro Geoscience acquisition. – Very strong quarter with Revenue up 24% and an EBIT at $117 million corresponding to an EBIT at $128 million not-including a $11 million* negative non-recurring impact – […]