3677 results found for 'cgx'

3677 results found for 'cgx'
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  • 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 […]

  • 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, 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.

  • World Container Shipping Industry Leaders Address Piracy Issues

    7 May 2013
    Business & Finance

    CMA CGM, MSC, Maersk Line and Hamburg Süd representing 40 percent of the world container shipping industry have met to discuss the piracy threat towards international shipping. The meeting focused on piracy in the Gulf of Aden, the Indian Ocean and West Africa. The cooperation between CMA CGM, MSC, Maersk Line and Hamburg Süd includes […]

  • CMA CGM welcomes newest energy-efficient 5,500 TEU containership

    6 December 2024
    Vessels

    French shipping major CMA CGM has taken delivery of its latest eco-friendly 5,500 TEU containership from Beihai Shipbuilding, a part of China State Shipbuilding Corporation (CSSC).

  • CGG to continue operating Brunei Shell Petroleum’s data processing center

    24 November 2022
    Business & Finance, Business Developments & Projects

    France-based geophysical services company CGG has secured a multi-year extension with Brunei Shell Petroleum (BSP) to continue operating a dedicated imaging center. The imaging center is located at BSP’s head office in Seria. CGG won the contract back in 2017 to operate the center for a period of six years, which is expiring on 31 December this […]

  • CMA CGM’s 23,000 TEU boxship bunkered with LNG at Yantian Port

    24 November 2022
    Business Developments & Projects, Green Marine, Vessels

    PetroChina, the oil and gas unit of state-owned energy company China National Petroleum Corporation (CNPC), has completed its first ship-to-ship LNG bunkering operation at Yantian Port in Shenzhen. The operation took place on 22 November when CNPC provided synchronous LNG bunkering operation services for LNG-powered containership owned by French shipping giant CMA CGM. The company said […]

  • Introducing Smart Containers

    12 February 2015
    Business & Finance

    French liner CMA CGM has increased its capital investment in the TRAXENS startup as it strives to introduce the industry’s first containers equipped with tracking sensors. In 2015, TRAXENS, developer of innovative containers monitoring systems, will equip the first CMA CGM containers with its patented technology. The technology will enable the customers to know in […]

  • CMA CGM cuts its CO2 emissions by 4% in 2020

    19 March 2021
    Business & Finance, Transition, Vessels

    French container shipping major CMA CGM reduced the overall emissions of its fleet by 4% in 2020 compared to 2019, the company said in its annual report for 2020. Since 2008, the group has reduced its CO2 emissions by 49% (TEU-km), in line with its objective of reaching -50% emissions by 2030. This reduction is aligned with […]

  • 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 launches €200 mln call for decarbonization projects

    30 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Green Marine, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vessels

    French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billion budget, which was launched in September 2022 to accelerate its energy […]

  • CMA CGM, La Poste team up on sustainable logistics

    10 February 2023
    Business Developments & Projects, Collaboration

    La Poste’s subsidiary GeoPost and a subsidiary of French shipping giant CMA CGM Group, CEVA Logistics, have inked a Memorandum of Understanding (MoU) to establish a closer business relationship and work on sustainable logistics.

  • TGS and CGG team up for survey job in North Sea

    23 December 2022
    Business & Finance, Business Developments & Projects, Operations & Maintenance

    TGS and CGG have secured a contract to carry out the acquisition and imaging of a dense ocean bottom node (OBN) multi-client seismic survey in the Sleipner area of the Norwegian Continental Shelf (NCS).

  • 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 inks long-term 4D imaging deal with Equinor

    23 May 2022
    Business & Finance, Business Developments & Projects

    CGG has secured a multi-year contract with Equinor for 4D seismic imaging of multiple towed-streamer and ocean bottom cable (OBC) datasets from the Gullfaks field area in the Norwegian North Sea.

  • CMA CGM-chartered LNG boxship completes gas trials

    13 August 2020
    Infrastructure, Vessels

    The first in a series of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping has completed gas trials in South Korea. The ship named Tenere will be chartered by CMA CGM that is also building a series of giant LNG-fueled vessels. The French firm will charter all of the six 15,000 TEU […]

  • CGG Provides Third Quarter 2013 Vessel Utilization Update

    10 October 2013
    Business & Finance

    CGG provides its vessel utilization and its fleet allocation updates for the third quarter of 2013. Vessel utilization for the third quarter of 2013: – The vessel availability rate was 89% in line with the Company’s expectations as a consequence of a higher level of planned maintenance this quarter. This compares to a 93% availability […]

  • 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 – […]

  • CGG Provides Vessel Utilization Update for Second Quarter 2013

    10 July 2013
    Business & Finance

    CGG provides its vessel utilization and its fleet allocation for the second quarter of 2013. Vessel utilization for the second quarter 2013: – The vessel availability rate was 93%. This compares to a 91% availability rate in the second quarter of 2012 and a 88% rate in the first quarter of 2013. – The vessel […]

  • GCX Plans New Subsea Cable to Link Mumbai and Singapore

    20 June 2014
    Business & Finance, Equipment, Operations & Maintenance

    Global Cloud Xchange (GCX) announced its latest investment into the Asia Pacific region.  The new ICX cable infrastructure is part of the company’s strategy to provide a direct subsea route to bridge an important gap in the emerging markets corridor, specifically delivering a direct Mumbai-Singapore route to bypass current outage prone terrestrial routes between Mumbai […]

  • CGG, Sovcomflot Form Arctic 3D Seismic Joint Venture

    19 June 2014
    Business & Finance, Operations & Maintenance, Research & Development

    CGG, world leader in Geoscience, and Sovcomflot, Russia’s largest energy shipping company, announced that they have signed an agreement to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture, to be called Arctic Geophysical Exploration (AGE), will be 51 […]

  • CGG Completes Depth Imaging of 1700 km2 of Marine Data

    2 June 2015
    Business & Finance

    CGG has completed the fast-track results for a 1,748-square-kilometer BroadSeis 3D marine acquisition and depth imaging project for the international oil company. Just 9 days after the last shotpoint, CGG delivered pre-stack depth migration (PSDM) volumes using Kirchhoff and Reverse Time Migration (RTM), the company informed. The fast-track BroadSeis volume was processed through deghosting, 3D […]

  • CGG Lays Off 930 and Reduces Fleet to 5 Vessels

    5 November 2015
    Business & Finance, Operations & Maintenance

    French seismic contractor, CGG, will be reducing its global workforce by additional 930 positions, as part of its transformation plan, the company said today during third-quarter earnings presentation. Furthermore, in the third quarter 2015, as a result of deterioration of market conditions and the reduction in its fleet, CGG booked assets impairment & write-off and non-recurring […]