3682 results found for 'cgx'

3682 results found for 'cgx'
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  • 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) […]

  • 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 […]

  • 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.

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Cox Marine joins SHAPE UK to demonstrate world’s 1st diesel-hydrogen fuelled outboard

    6 December 2021
    Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    British diesel technology innovator, Cox Marine, has joined SHAPE UK, a consortium looking to transition Portsmouth International Port into the UK’s first zero-emissions maritime hub.

  • 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.

  • CGN’s new hybrid ships to feature Leclanché battery storage systems

    7 October 2020
    Equipment, Infrastructure, Storage, Vessels

    Switzerland-based energy storage company Leclanché has won a contract to provide battery energy storage systems for two hybrid ships ordered by compatriot Compagnie Générale de Navigation sur le Léman (CGN SA).

  • CGG Q3 2021 numbers up as reservoir optimisation activities increase

    5 November 2021
    Business & Finance, Business Developments & Projects

    France-based geophysical services company CGG has reported a segment revenue of $270 million for the third quarter of 2021, up 35% year-on-year and 71% sequentially.

  • Magseis Fairfield and CGG secure additional pre-funding for Cornerstone survey

    29 July 2020
    Project & Tenders

    Magseis Fairfield has together with its partner, CGG, secured pre-funding from an oil major for the extension of the ocean bottom node (OBN) Cornerstone multi-client survey in the North Sea. This both confirms the industry interest in the area and reduces Magseis Fairfield’s relative exposure in the project. “Together with CGG we are bringing together […]

  • 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 […]

  • CGG done with Gabon seismic shoot ahead of September offshore round

    10 April 2019

    French marine seismic acquisition company CGG has completed its 9,800 km long-offset broadband 2D multi-client seismic survey in the Gabon South Basin.

  • CGG reaches agreement on restructuring plan while seeking to cut debt

    2 June 2017
    Business & Finance

    French geophysical services company CGG has reached an agreement in principle with its main creditors on a financial restructuring plan. CGG entered into a financial restructuring process with the aim of significantly reducing debt levels at the beginning of March and has since then been negotiating the terms. By mid-May, the positions of the various stakeholders did […]

  • Denmark: Maersk Line Announces Re-introduction of CRX Liner Service

    13 December 2011
    Business & Finance

    Maersk Line announces the re-introduction of the CRX as per January 2012, the weekly liner service connecting Mexico and Costa Rica directly with UK, Netherlands and Germany. The CRX and the Ecubex services have been merged into one service since mid 2011. However, Maersk Line is now separating the two services and confirming the CRX […]

  • Konecranes to provide 7 hybrid RTGs to CMA CGM Kaohsiung Terminal

    9 August 2023
    Business & Finance, Business Developments & Projects, Equipment, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Transition

    Finnish crane manufacturer Konecranes has won an order from CMA CGM Kaohsiung Terminal Co. Limited to supply 7 hybrid Konecranes Noell Rubber-Tired Gantry (RTG) cranes to their container handling terminal at the main port in Taiwan. The order is part of CMA CGM Group’s efforts to streamline their operations at the container terminal at the […]

  • CMA CGM’s 13K TEU LNG-powered containership hits the water

    22 September 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    A colossal containership sporting a green livery and a prominent LNG-powered designation on its hull has hit the waters at Chinese shipbuilding major Hudong Zhonghua. The LNG dual-fuel 13,000TEU container ship (H1841A), named CMA CGM Paraty, was built for the French CMA CGM Group. The ceremony was held on September 20, marking the launching of the […]

  • Maersk, CMA CGM exploring green methanol bunkering potential in Australia

    26 April 2023
    Business Developments & Projects, Infrastructure, Ports & Logistics

    Danish shipping giant A.P. Moller Maersk and ANL, a subsidiary of French shipping major CMA CGM have signed a Memorandum of Understanding (MoU) to explore the commercial feasibility of establishing a green methanol bunkering hub at the Port of Melbourne.

  • CMA CGM, Shell join forces for LNG supply, maritime decarbonisation

    28 June 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy

    French shipping giant CMA CGM Group and oil and gas company Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed include a multi-year deal for the supply of liquefied natural gas (LNG) to CMA CGM’s 13,000 TEU vessels in the Port of Singapore, starting […]

  • Maersk, CMA CGM to help Electrolux decarbonize its sea transport

    23 March 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    Swedish home appliance manufacturer Electrolux has partnered with container shipping companies Maersk and CMA CGM to use biofuel based on waste oils and liquefied natural gas (LNG) to cut its sea transport emissions.

  • French court fixes date to render judgement on CGG’s restructuring plan

    21 November 2017
    Business & Finance

    A court in Paris has set a date for stating its decision regarding a draft safeguard plan forged by the French geophysical company, CGG. 

  • CGG wraps up seismic survey over FAR’s Australian permit

    24 January 2019

    CGG has completed the seismic acquisition across FAR Limited’s permit WA-458-P located offshore Australia.