3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Shipbrokers: ONE orders 8+4 LNG-powered containerships

    28 May 2025
    Business Developments & Projects, Infrastructure, Vessels

    Singapore-based shipping company Ocean Network Express (ONE) has reportedly placed an order for eight liquefied natural gas (LNG)- powered 16,000 TEU boxships in South Korea.

  • 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 […]

  • Shipping readies for massive investments in decarbonization, IMO head says

    10 June 2025
    Market Outlooks, Outlook & Strategy, Regulation & Policy

    The global shipping industry requires significant investment in technology and alternative fuels to achieve a net-zero transformation and drive sector-wide change.

  • AD Ports, Advario plan green energy and liquid bulk storage joint venture

    26 May 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    AD Ports Group has signed a head of terms agreement with Advario to explore the establishment of a joint venture focused on developing and operating green energy and liquid bulk storage projects in the UAE and globally.

  • DP World, VIMC Lines launch shipping route in Vietnam to cut transport emissions

    2 June 2025
    Collaboration, Outlook & Strategy

    The UAE-based port and terminal operator DP World, in partnership with Vietnamese shipping company VIMC Container Lines Joint Stock Company (VIMC Lines) has launched the Mekong Express, a new domestic sea-river transport promising significant carbon emission cuts. The new service operates twice a week and connect the Can Tho (Cai Cui) and Cai Mep ports, […]

  • ‘Outstanding’ drilling results at Serica’s North Sea cluster spur hopes for late June production restart

    22 May 2025
    Business Developments & Projects, Exploration & Production

    UK-based upstream oil and gas player Serica Energy has provided an update on the activities undertaken to bring its floating production storage and offloading unit (FPSO) back online following a shutdown caused by a storm.

  • SunGas and C2X advance green methanol project to final development phase

    7 May 2025
    Business Developments & Projects, Project & Tenders

    Beaver Lake Renewable Energy, a green methanol project jointly developed by C2X and SunGas Renewables in Louisiana, is moving toward final investment decision (FID) and the beginning of construction with technology licenses and front-end engineering design (FEED) contracts in place.

  • ABB to acquire French BrightLoop to accelerate marine transport electrification

    21 May 2025
    Business Developments & Projects, Outlook & Strategy

    Swedish-Swiss technology company ABB has signed an agreement to acquire BrightLoop, a French company specializing in advanced power electronics, to accelerate its electrification strategy in industrial mobility and marine propulsion.

  • Partners stand firm in opposition to Guyana pulling the plug on offshore license

    14 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation

    Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have called on the Guyanese government to engage in talks and iron out the issues surrounding a license in the Corentyne block off the coast of Guyana.

  • CMA CGM welcomes first boxship flying Indian flag at Nhava Sheva container terminal

    28 April 2025
    Infrastructure, Vessels

    French shipping and logistics company CMA CGM Group has welcomed the arrival of CMA CGM Vitoria, the first Indian-flagged containership registered by a major foreign carrier, at Nhava Sheva Freeport Terminal (NSFT).

  • CEVA launches new low-carbon ocean freight service

    12 May 2025
    Business Developments & Projects, Green Marine, Operations & Maintenance, Outlook & Strategy

    CEVA Logistics, a part of French shipping group CMA CGM, has started a new low-carbon ocean freight service between France and Ivory Coast, leveraging marine biofuel and anticipating an 84% reduction in CO2 emissions compared to conventional ocean freight.

  • MAN ES unveils ‘next generation’ two-stroke methanol engine

    20 May 2025
    Business Developments & Projects, Innovation, Technology, Vessels

    German engine manufacturer MAN Energy Solutions (MAN ES) is set to deliver what it hails as “the world’s most powerful” two-stroke methanol engine. As disclosed, the MAN B&W 12G95ME-C10.5-LGIM (-liquid gas injection methanol) type engine is presently being built by a Chinese licensee, CSSC-MES Diesel Co., Ltd. (CMD), a joint venture between China State Shipbuilding […]

  • 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 […]

  • Matson’s LNG-ready Aloha Class boxships to feature Corvus Energy battery systems

    6 May 2025
    Business Developments & Projects, Green Marine, Infrastructure, Technology, Vessels

    Norwegian marine energy storage company Corvus Energy has secured a contract to supply its energy storage systems (ESS) for new LNG-powered Aloha Class containerships being built for U.S.-based transportation and logistics company Matson.

  • Next decade pivotal for defining role of nuclear power in maritime industry, study says

    1 May 2025
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    The next decade will be crucial for determining the role of nuclear power in the maritime industry. While holding the potential to significantly contribute to the decarbonization of shipping and port operations, nuclear power still needs a comprehensive and secure framework to be implemented, according to a new study conducted by the New Energies Coalition.

  • Double swoop: SITC taps Chinese yard for two more 1,800 TEU boxships

    29 April 2025
    Business Developments & Projects, Vessels

    SITC Shipowning, a wholly-owned subsidiary of Chinese maritime transportation player SITC International Holdings, has exercised options for the construction of two more 1,800 TEU container vessels at compatriot Huanghai Shipbuilding. As disclosed, the company has set aside HK$449.60 million (around $57.96 million) for the units. The ships will bring the total number of vessels from […]

  • CMA CGM rolls out red carpet for new LNG-fueled boxship at Chinese yard

    16 April 2025
    Vessels

    French shipping colossal CMA CGM has rung the welcome bell to the first unit in a series of four 24,000 TEUs container vessels powered by liquefied natural gas (LNG) that the company booked at China’s Hudong-Zhonghua Shipbuilding. Per France’s classification society Bureau Veritas (BV), the CMA CGM Seine was handed over to its owner on […]

  • CMA CGM to transform shipping, logistics activities through generative AI

    7 April 2025
    Collaboration, Infrastructure, IT & Software, Outlook & Strategy

    French container shipping and logistics major CMA CGM has unveiled a five-year strategic partnership with compatriot artificial intelligence startup Mistral AI.

  • Partners dive into legal avenues upon receipt of Guyana’s offshore license termination notice

    12 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Joint venture (JV) partners, Canada’s CGX Energy and Frontera Energy, have decided to put all legal options on the table to come up with the best way to assert and defend their interests in the Corentyne block off the coast of Guyana, following a license termination communication from the country’s government.

  • J-ENG initiaties ammonia co-firing operation of first full-scale engine bound for gas carrier

    22 April 2025
    Business Developments & Projects, Green Marine, Infrastructure, Research & Development, Technology

    The first Japanese-developed and manufactured commercial full-scale, low-speed, ammonia-fueled two-stroke engine has started co-firing operation with ammonia ahead of installation on an actual vessel, Japan Engine Corporation (J-ENG) revealed.

  • EPS completes 350th ship-to-ship LNG bunkering operation

    7 April 2025
    Business Developments & Projects, Vessels

    Singapore’s ship management company Eastern Pacific Shipping (EPS) has performed its 350th ship-to-ship (STS) liquefied natural gas (LNG) bunkering operation.

  • CMA CGM receives last of ten eco-friendly 5,500 TEU boxships from Qingdao Beihai

    4 April 2025
    Vessels

    Marseille-headquartered shipping colossal CMA CGM has taken delivery of the final unit in a series of ten 5,500 TEU container vessels, which the company booked at Qingdao Beihai Shipbuilding, part of China State Shipbuilding Corporation (CSSC). As disclosed by France’s classification society Bureau Veritas (BV), the newbuilding, which was christened CMA CGM Tiga, was handed […]

  • C2X nets $100 million investment to step up green methanol game

    2 April 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders

    ENEOS, Maersk, and A.P. Moller Holding will invest $100 million in green methanol project developer C2X to advance its global methanol production portfolio.

  • ZTT wins submarine cable contract for 1 GW Chinese offshore wind farm

    9 April 2025
    Business Developments & Projects, Equipment, Infrastructure, Project & Tenders

    ZTT Submarine Cable & System (ZTTSC) has been awarded an engineering, procurement, and construction (EPC) contract for the Yangjiang Fanshi II offshore wind project in China. As part of this initiative, ZTTSC will deploy a 500 kV three-core AC submarine cable system, stretching 92 kilometers to transmit 1,000 MW of renewable power from the offshore […]

  • CMA CGM and ABB partner to ‘enhance’ ship safety with new parametric roll algorithm

    28 March 2025
    Business Developments & Projects, Collaboration, IT & Software, Technology, Vessels

    Marseille-headquartered shipping giant CMA CGM and Swedish-Swiss technology company ABB have teamed up to develop a parametric roll algorithm that would improve safety on ships. As disclosed, ABB and CMA CGM are set to tailor a solution that integrates a theoretical framework made by the French sea, land, and air logistics major into the former’s […]