3682 results found for 'cgx'

3682 results found for 'cgx'
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  • Singapore: Keppel Shipyard to Complete Modification and Upgrading Works on FPSO OSX-1

    15 August 2011

    Keppel Shipyard Ltd is on track to complete the modification and upgrading works on FPSO OSX-1, the first floating production storage and offloading (FPSO) unit for OSX Brasil S.A. (OSX). Chartered to OGX Petroleo e Gas Participacoes S.A. (OGX), FPSO OSX-1 will be deployed in the Waimea field, in Campos Basin, offshore Brazil. This project […]

  • Keppel on Track to Complete Works on FPSO for OSX Brasil

    15 August 2011
    Business & Finance

    Keppel Shipyard Ltd is on track to complete the modification and upgrading works on FPSO OSX-1, the first floating production storage and offloading (FPSO) unit for OSX Brasil S.A. (OSX). Chartered to OGX Petroleo e Gas Participacoes S.A. (OGX), FPSO OSX-1 will be deployed in the Waimea field, in Campos Basin, offshore Brazil. This project […]

  • Clarksons: Contracting Activity Drops to 30-Year Low

    23 January 2017
    Business & Finance

    The previous year was very weak for newbuild ordering as contracting activity fell to its lowest level in over 30 years in numerical and tonnage terms, according to Clarkson Research. Low levels of newbuild demand have continued to limit ordering across the majority of vessel sectors, and the majority of shipyards have struggled to win orders. […]

  • 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.

  • U.S. Gulf of Mexico: Cox Oil buying EGC for $322 million

    18 June 2018

    U.S. Gulf of Mexico oil company Cox Oil is set to buy all the outstanding shares of Energy XXI Gulf Coast (EGC) for $322 million. According to EGC, the agreed price is $9.10 per fully diluted share in cash, representing a 21% premium to EGC’s closing share price on June 15, 2018.

  • CGG Begins New 3D Seismic Acquisition Program in North Sea

    20 February 2013
    Business & Finance

    CGG has commenced acquisition of a new, highly pre-funded 3D multi-client program in the Central North Sea (CNS) using BroadSeisTM, its broadband marine solution, with BroadSourceTM, its broadband source option, to deliver superior imaging for enhanced interpretation. Quad 30 Phase 7 of CGG’s Cornerstone CNS dataset covers over 5,500 km² in the Q29, 30 and […]

  • Greece: Danaos Takes Delivery of 8.530 TEU CMA CGM BIANCA

    2 November 2011

    Danaos Corporation, a leading international owner of containerships, on October 26, 2011 took delivery of one more newly built containership, the CMA CGM BIANCA, expanding its operational fleet to a total of 58 containerships aggregating 282,619 TEU. The CMA CGM BIANCA, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity of 8,530 TEU, […]

  • Total, CMA CGM ink MoU for fuel supply including LNG

    1 February 2017
    Project & Tenders

    France’s Total signed a memorandum of understanding with CMA CGM to supply a range of multi-fuel solutions including LNG, in order to reduce the shipping footprint.

  • CMA CGM to take delivery of 20 LNG-powered vessels by 2022

    11 June 2019
    Vessels

    French shipping company CMA CGM has reinforced its commitment to using LNG as fuel noting that it will receive a total of 20 LNG-powered containerships by 2022. 

  • Kriegers Flak CGS Cables Now In Place, Linking Denmark and Germany

    6 July 2018
    Storage

    Both offshore cables of the Kriegers Flak Combined Grid Solution (CGS) are now in place, connecting the Danish and German transmission grids in combination with the infrastructure of offshore wind farm grid connection in the Baltic Sea.

  • EPS takes delivery of first CMA CGM-chartered LNG containership

    16 September 2020
    Infrastructure, Vessels

    South Korea’s Hyundai Samho has delivered the first of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping. The ship named Tenere goes on charter to CMA CGM such as the other 15,000 TEU vessels scheduled for delivery from Hyundai Samho by 2022. Futhermore, each of the 366 meters long vessels will feature […]

  • OGX Buys Interest in Santos Basin Offshore Block from Petrobras

    27 November 2012
    Business & Finance

    OGX Petróleo e Gás Participações S.A., Brazil’s largest private oil and natural gas exploration company, has entered into an agreement with Petrobras to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The purchase and sale is subject to National Petroleum, Natural Gas and Biofuels Agency (ANP) approval. “We are very […]

  • CMA CGM, Maersk Line, MSC to Establish Alliance for Service Improvement

    18 June 2013
    Business & Finance

    CMA CGM, Maersk Line and MSC Mediterranean Shipping Company SA have agreed to establish a long-term operational alliance on East – West trades, called the P3 Network. The aim is to improve and optimize operations and service offerings. The P3 Network will operate a capacity of 2.6 million TEU (initially 255 vessels on 29 loops) […]

  • CGG Releases 2012 Fourth Quarter and Full Year Results, France

    28 February 2013
    Business & Finance, Operations & Maintenance

    CGG announced its non-audited fourth quarter 2012 and full year consolidated results.  The fourth quarter and full year 2012 results are presented before the $(48) million impact of non-recurring items related to the acquisition of the Fugro Geoscience Division. 2012 Key Figures: – 2012 Revenue at $3.4 billion, up 7% – Operating Income increased by […]

  • CMA CGM, AD Ports to build new terminal at Khalifa Port

    9 September 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy

    French container shipping major CMA CGM and the UAE-based port operator Abu Dhabi Ports (AD Ports) have signed a 35-year concession agreement to develop a new terminal in Abu Dhabi.

  • France Based CMA CGM Group Expands its Eco-container Fleet

    4 July 2011
    Business & Finance

      A pioneer in the development and provision of eco-containers for its customers, the CMA CGM Group has just acquired another 18,000 new units, bringing its eco-container fleet to nearly 140,000 teus. Protecting the environment is one of the company’s core objectives, as evidenced by the many actions taken to minimise the impact of the […]

  • UK: Global Ship Lease Signs Two Charter Contracts with CMA CGM

    24 July 2012
    Business & Finance

      Global Ship Lease, Inc., a containership charter owner, yesterday announced it has signed new time charters with CMA CGM for two 4,113 TEU containerships, the 1996-built Ville d’Aquarius and the 1997-built Ville d’Orion. The vessels will be chartered for approximately eight months at a rate of $9,962 per vessel per day, commencing upon expiration […]

  • Singapore’s SGX urges Baltic Exchange shareholders to back bid for historic London firm

    5 August 2016

    By Jonathan Saul and Anshuman Daga LONDON/SINGAPORE (Reuters) – Singapore Exchange Ltd (SGX) plans to buy one of London’s oldest institutions, the Baltic Exchange where shipping rates are published, and urged shareholders on Thursday to support a deal. As the global shipping industry struggles with the worst market conditions for decades, SGX offered shareholders in […]

  • Maersk Line Beefs Up Eastern India Business

    10 November 2015
    Business & Finance

    Danish container shipping giant Maersk Line is expanding its Far East and South East India network of operations by adding two new services, the Chennai Express (CHX) and the Chennai Express 2 (CHX2). As announced, one service will be launched within a Vessel Sharing Agreement (VSA) on the Chennai Express (CHX) and Slot Charter Agreement on the Chennai […]

  • Gabon offers five deepwater blocks in 11th licensing round

    28 October 2015

    Gabon has launched its 11th Licensing Round offering five deepwater blocks in the South Gabon Salt Basin. The round was formally opened on October 27, 2015, by the Gabon’s Minister for Petroleum and Hydrocarbons, Etienne Dieudonné Ngoubou at the 22nd Africa Oil Week conference in Cape Town, South Africa. Minister Ngoubu said: “The Oil Ministry has very […]

  • FPSO OSX-1 Heads Towards Brazil

    24 August 2011
    Business & Finance

    FPSO OSX-1, the first floating production, storage and offloading vessel in OSX’s fleet, has concluded its conversion in Singapore and set sail for Brazil. The journey is estimated to take 40 to 50 days. The FPSO OSX-1 is commissioned to produce the first oil for our client OGX, which is expected to start oil production […]

  • LNG dual-fuel 13K TEU CMA CGM Sao Paulo delivered

    29 May 2024
    Vessels

    CMA CGM Sao Paulo, the fourth ship in the 13,000 TEU liquefied natural gas (LNG) dual-fuel containership series built by Hudong-Zhonghua for French shipping major CMA CGM Group, was named and delivered.

  • CGR Arctic Marine inks small-scale LNG vessels JV with Wuzhou Shipbuilding

    23 December 2019

    The Norwegian technology provider CGR Arctic Marine and the Chinese shipyard Wuzhou Shipbuilding have formed a JV for design and promotion of technologies for small-scale LNG carriers and LNG bunkering vessels.

  • AD Ports, CMA CGM to develop, operate multipurpose terminal in Congo

    7 February 2025
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    The UAE-based terminal operator AD Ports Group has signed a shareholders’ agreement with French shipping and logistics major CMA CGM Group, through its subsidiary CMA Terminals, to jointly develop, manage and operate the New East Mole multipurpose terminal in Pointe Noire, Congo-Brazzaville.

  • CGG Gets Final Safeguard Plan Approval from US Court

    22 December 2017
    Business & Finance

    CGG informed that the US Bankruptcy Court has recognized the ruling of the Commercial Court of Paris approving the company’s safeguard plan. The US Bankruptcy Court’s order gives full force and effect to the French Court’s approval ruling and prohibits CGG’s creditors from taking any action inconsistent with the safeguard plan in the United States, the company […]