3671 results found for 'cgx'

3671 results found for 'cgx'
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  • SeaBird buying Geowave Voyager seismic vessel from CGG

    12 July 2018

    Seismic vessel fleet owner SeaBird Exploration is in talks to buy the Geowave Voyager vessel and some seismic equipment from France’s CGG for $17 million. The Geowave Voyager was built in 2009 for an original construction cost of $120 million, excluding in-sea recording and source equipment, and has the capacity to tow up to 10 […]

  • CGG finalizes restructuring plan initiated over a year ago

    22 February 2018
    Business & Finance

    French geophysical services company CGG has finalized the implementation of its financial restructuring plan launched over a year ago.  Following shareholders’ approval of all resolutions required to implement CGG’s financial restructuring plan in November, CGG’s plan was approved by the Commercial Court of Paris in December 2017. Upon the finalization of the restructuring plan on Wednesday, CGG said […]

  • 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 […]

  • France: Abeille Bourbon Tows CMA CGM Marco Polo

    12 March 2013
    Business & Finance

    On March 9th, the crew on the Abeille Bourbon successfully completed towing operations on the CMA CGM Marco Polo, the jewel in CMA CGM’s crown and the largest containership in the world capable of carrying up to 16,020 TEUs, as part of an type approval testorganized by the Atlantic French Maritime Prefecture. The Abeille Bourbon […]

  • CMA CGM Alexander Von Humboldt Calls at KCT (UAE)

    26 June 2013
    Business & Finance

    Gulftainer, the world’s largest privately owned independent port management and logistics company, welcomed CMA CGM’s Alexander Von Humboldt containership on its maiden voyage and call at the Khorfakkan Container Terminal (KCT). The Alexander Von Humboldt, named after the German naturalist, geographer and explorer, is one of the three explorer class container vessels belonging to CMA […]

  • 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 […]

  • Report: CMA CGM Courting Lenders to Back NOL Buy

    1 December 2015
    Business & Finance

    French liner giant CMA CGM is reported to be in talks with lenders with regard to its potential purchase of Singapore-based Neptune Orient Lines Limited (NOL).   The lenders in question include NP Paribas SA, HSBC Holdings Plc and JPMorgan Chase & Co., Bloomberg reports citing sources close to the matter. CMA CGM initiated exclusive discussions with NOL, the […]

  • CMA CGM-chartered boxship runs aground in Mississippi River

    30 March 2020
    Infrastructure, Regulation & Policy, Safety, Vessels

    A Liberia-flagged containership ran aground in the Mississippi River on March 27.

  • CMA CGM, AD Ports open sustainable container terminal at Khalifa Port

    13 December 2024
    Infrastructure, Ports & Logistics

    A new, sustainable container terminal has been inaugurated at Abu Dhabi’s Khalifa Port. The terminal is operated under a 35-year concession by a joint venture between French shipping major CMA CGM and terminal operator AD Ports Group.

  • 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 […]

  • 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 […]

  • 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 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.

  • Shanghai International Port signs LNG bunkering deal with CMA CGM

    13 January 2022
    Business Developments & Projects, Infrastructure, Operations & Maintenance, Ports & Logistics

    Chinese terminal operator Shanghai International Port Group (SIPG) and French shipping major CMA CGM have signed an LNG bunkering service deal.

  • Image of the Day: Enjoying the Sunset

    8 October 2014
    Business & Finance

    Even the biggest ships like CMA CGM Marco Polo need some rest from a hard day’s work. The image shows CMA CGM’s giant containership enjoying the sunset view in Port Klang, Malaysia. [mappress] World Maritime News Staff, October 8, 2014; Image: CMA CGM Follow @worldmaritimene

  • 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 […]

  • CMA CGM poised to move to a larger, greener terminal at Yokohama port

    27 October 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Ports & Logistics

    French container shipping major CMA CGM is moving its operations to a larger terminal at the Port of Yokohama, set to be equipped with shore power and LNG bunkering infrastructure. The move was announced by the Yokohama Kawasaki Port Corp (YKIP) saying that CMA CGM signed a reservation deal with CMA CGM to relocate from terminal […]

  • OGX Discovers Hydrocarbon Column in Shallow Waters of Santos Basin, Brazil

    13 May 2011
    Business & Finance

      OGX Petróleo e Gás Participações S.A. (“OGX”) , the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today that it has identified the presence of hydrocarbons in the Albian section of 1-OGX-30-RJS well, in the BM-S-58 block, in the shallow waters of the Santos Basin. OGX […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • Fortune Oil Forms China Gas Group

    30 December 2011

    Fortune Oil announced that it has entered into an agreement with Mr. LIU Minghui to form a newly incorporated 50/50 joint venture company, China Gas Group Limited. LIU Minghui is presently a substantial shareholder in China Gas Holdings (CGH), with many years of experience of developing gas businesses in China. Mr.LIU will inject 200,000,000 shares […]

  • CMA CGM links up with US sportswear giant Nike to use sustainable biofuel

    5 March 2024
    Collaboration, Research & Development

    French shipping major CMA CGM has entered into an agreement with American athletic footwear and apparel corporation Nike to purchase sustainable biofuel for a part of their maritime transport.