3682 results found for 'cgx'

3682 results found for 'cgx'
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  • Gas Natural Fenosa to buy CGE, eyes LNG expansion

    13 October 2014
    Project & Tenders

    LNG player Gas Natural Fenosa of Spain said it has signed a deal to acquire Chile’s Compañia General de Electricidad (CGE) for EUR 2.6 billion. Gas Natural Fenosa plans to buy 100 percent of CGE’s stock, taking a minimum initial stake of 54,19 percent, according to a statement by GNF. CGE, an electricity distribution company and a natural […]

  • CMA CGM Books USD 100 Mn Loss in Q1

    23 May 2016
    Business & Finance

    French container shipping company CMA CGM reported a net loss of USD 100 million in the first quarter of 2016 in an environment characterized by strong pressure on freight rates, with average revenue per TEU fall of 17.6%. This is a substantial drop from USD 406 million profit posted in the corresponding quarter in 2015. CMA CGM’s revenue came in […]

  • NPD, Diskos Award Databases Software and Operation Contracts to CGG

    15 November 2013
    Business & Finance, Project & Tenders

    The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is a result of a comprehensive public procurement process, in which companies from the entire EEA were […]

  • CMA CGM’s 1st LNG-powered 15,000 TEU boxship named in China

    28 September 2021
    Business Developments & Projects, Environment, Infrastructure, Outlook & Strategy, Transition, Vessels

    CMA CGM Patagonia, the first 15,000 TEU dual-fuel vessel in a series ordered by French container shipping major CMA CGM, has been named in China.

  • CMA CGM takes over one of the largest US port terminals

    5 January 2022
    Business & Finance, Business Developments & Projects, Ports & Logistics

    French shipping giant CMA CGM has completed the acquisition of 90% of Fenix Marine Services (FMS) terminal, one of the largest terminals in the Port of Los Angeles that provides container handling services to shipping lines.

  • 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.

  • Shearwater expands seismic fleet. Enters streamer tech pact with CGG

    4 June 2019

    Following this transaction Shearwater will have a fleet of 23 vessels

  • Hapag-Lloyd, CMA CGM to Upgrade North Europe-Central America Service

    29 November 2016
    Business & Finance

    Europe-based container shipping majors Hapag-Lloyd and CMA CGM plan to enhance their joint service linking North Europe and Central America, starting from January 2017.  The companies intend to add a call at London Gateway in the United Kingdom and to replace the current call at Cartagena, Columbia by calling Caucedo in the Dominican Republic. The […]

  • CMA CGM Sells 90 Pct Stake in Global Gateway South Terminal

    4 December 2017
    Business & Finance

    French shipping major CMA CGM completed the sale of a 90 percent equity interest in Global Gateway South terminal (GGS) in Los Angeles on December 1. The stake was purchased by EQT Infrastructure III and its partner P5 Infrastructure (P5), for an enterprise value of USD 875 million. CMA CGM received a cash consideration of about […]

  • US to Host Its Biggest Boxship Yet, CMA CGM Benjamin Franklin

    15 December 2015
    Business & Finance

    The US Port of Los Angeles will welcome the 18,000 TEU CMA CGM Benjamin Franklin on December 26, the largest container ship of this capacity ever to call at any port in the US. After it concludes its maiden call at APM Terminals-Pier 400 at the Port of Los Angeles, the vessel, owned by the French container transportation […]

  • CMA CGM trials a windshield on board its boxship to cut emissions

    20 February 2023
    Equipment, Green Marine, Innovation, Outlook & Strategy, Transition, Vessels

    French container shipping major CMA CGM has equipped its ultra-large containership CMA CGM Marco Polo with a new windshield prototype.  The device improves a vessel’s aerodynamics resulting in lower fuel consumption and thus contributing to a lower carbon footprint of the vessel, the shipowner said. The company revealed that the installation process on board the […]

  • Leading Boxship Operators Welcome Expanded Suez Canal

    7 August 2015
    Business & Finance

    Danish container shipping giant Maersk Line and French carrier CMA CGM have welcomed yesterday’s official inauguration of the expanded Suez Canal. The Suez Canal accounts for roughly 7.5% of world sea trade and container vessels account for over 50% of the canal’s tonnage passage, according to Maersk Line. The world’s largest container line says that […]

  • Leading Boxship Operators Welcome Expanded Suez Canal

    7 August 2015
    Business & Finance

    Danish container shipping giant Maersk Line and French carrier CMA CGM have welcomed yesterday’s official inauguration of the expanded Suez Canal. The Suez Canal accounts for roughly 7.5% of world sea trade and container vessels account for over 50% of the canal’s tonnage passage, according to Maersk Line. The world’s largest container line says that […]

  • Spotted: CMA CGM Otello Becomes Largest Boxship to Call Indonesia

    26 April 2017
    Business & Finance

    In today’s spotted, we bring you images of CMA CGM Otello which arrived at the Jakarta International Container Terminal in Indonesia earlier this week as the largest container vessel to call this country.  During the ship’s visit, its upcoming maiden voyage for “the industry’s first direct service” from Indonesia to the United States was celebrated […]

  • CMA CGM, Shell wrap up 1st BioLNG bunkering trial

    1 December 2021
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    French shipping and logistics company CMA CGM and Anglo-Dutch oil and gas company Shell have performed the first liquefied biomethane (BioLNG) bunkering trial in Rotterdam.

  • 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 […]

  • GCGG’s ‘Duke’ to Shoot Rocket Seismic Phase 1

    23 January 2015
    Operations & Maintenance, Project & Tenders

    Gardline CGG Pte Ltd, a Joint Venture between Gardline Geosurvey and CGG, has been awarded the Rocket 2D Phase 1 multi-client marine broadband seismic survey by Spectrum. The survey has been awarded under a master service agreement signed in October 2014 between the two companies. M/V Duke will start acquisition next week on completion of […]

  • Danish Ship Finance Global Shipbuilding Market Forecast

    23 March 2012

    Shipyards’ order cover continues to decline as more tonnage is being delivered than contracted. 28 million cgt was contracted during 2011 while 50 million cgt left the shipyards. 74 million cgt was scheduled for delivery in 2011 but, according to Danish Ship Finance estimates, global yard capacity was not able to build more than 63 million […]

  • UK Ship Register Welcomes World’s Biggest Container Ship

    11 December 2012

    At 175,343 GT, the CMA CGM MARCO POLO, owned by CMA CGM Group, is the world’s biggest container ship. It’s the first in a series of three new 16,000 TEU container ships, for the CMA CGM group on the Asia-Europe lines. Built by Daewoo Shipbuilding & Marine Engineering Co Ltd, it is almost a quarter […]

  • CGG, TAQA to Bring High-End Seismic Solutions Throughout Middle-East

    21 February 2014
    Business & Finance

    CGG and Industrialization & Energy Services Company (TAQA) have signed a Framework Agreement which strengthens and extends historical and long-term partnership in the Middle-East. The new agreement provides a simplified, more focused structure to better address the growing industry demand for high-end seismic solutions throughout the region. CGG and TAQA are currently shareholders of two […]

  • CMIT Receives first Ultra Large Container Ship to Call in Vietnam

    19 December 2011
    Business & Finance

    On 19th December 2011, Cai Mep International Terminal (CMIT) welcomed the CMA CGM LAPEROUSE to the Cai Mep – Thi Vai Port Complex in Ba Ria – Vung Tau Province. Belonging to CMA CGM, the world’s third largest container shipping company, and with a nominal capacity of 13,830 TEU and DWT of 157,092, CMA CGM […]

  • Image of the Day: Head-Spinning View from CMA CGM Containership

    5 August 2014
    Business & Finance

    The giants of the seas, as new-age containerships are often referred to, definitely inspire feelings of awe.   The fleet of French container shipping company CMA CGM falls just within this sea giants category. It takes just a look at the bow, like this one, from CMA CGM  Amerigo Vespucci to get an idea of […]

  • Port of Hamburg: 1.5 tonnes of cocaine found on CMA CGM boxship

    11 August 2020
    Authorities & Government

    Germany’s customs and police officers have seized around 1.5 tonnes of cocaine discovered on board a container vessel at the Port of Hamburg, a spokesperson for the Customs Office in Hamburg confirmed to Offshore Energy.

  • CMA CGM to Set Up Its Own Start-Up Incubator

    12 October 2017
    Business & Finance

    French container shipping company CMA CGM is planning to create its own start-up incubator in Marseilles, and to attract start-ups from around the world, Rodolphe Saadé, CEO of CMA CGM, announced at the Salon des Entrepreneurs trade fair in Marseilles. “With this project, CMA CGM wishes to play a leading role not only in the economic development […]

  • CMA CGM: Six LNG-powered 15,000 TEU containerships to serve US market

    26 February 2021
    Infrastructure, Outlook & Strategy, Vessels

    French container shipping major CMA CGM plans to dedicate six new 15,000 TEU liquefied natural gas (LNG) powered containerships to the U.S. market as part of the group’s ongoing efforts to improve air quality and drive forward the energy transition of the shipping industry.