3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Avenir LNG sells Avenir Allegiance, the largest LNG bunkering vessel

    24 January 2022
    Infrastructure, Vessels

    UK-based small-scale LNG company Avenir LNG has sold its 20,000 cbm Avenir Allegiance LNG bunkering ship to Shanghai SIPG Energy Service (SSES).

  • France Approves Two Pilot Floaters

    25 July 2016
    Authorities & Government, Business & Finance, Research & Development, Technology

    The French Environment and Energy Management Agency (ADEME) has approved two floating wind pilot projects as part of the country’s call for tenders for the development of floating wind launched last year. The two project approved by the ministry are the 24MW project in the Gruissan area, some 15 kilometres off the Mediterranean coast, led by the Quadran […]

  • India: GAIL Gas, APGIC and APGDC Sign Deal for Gas Distribution in Andhra Pradesh

    10 September 2011

    GAIL Gas Limited, a wholly owned subsidiary of Navratna company GAIL (India) Limited, signed a Share Holders Agreement (SHA) with Andhra Pradesh Gas Infrastructure Corporation Limited (APGIC) and Andhra Pradesh Gas Distribution Corporation Limited (APGDC) Friday for restructuring of APGDC which will pursue city gas distribution opportunities in the state. The SHA was signed in […]

  • Drewry: Cosco, CSCL Merger Could Have Ripple Effect on Container Shipping

    17 August 2015
    Business & Finance

    China is said to be planning to merge is two container shipping majors China Cosco and CSCL within efforts to consolidate state owned enterprises, which is likely to cause a domino effect on existing carrier alliances and further carrier mergers in Asia, damaging industry competition, according to consultancy firm Drewry. Shares in China Cosco, China Shipping […]

  • COSCOCS to Reveal New Carrier Alliance

    20 April 2016
    Business & Finance

    The newly-created shipping major China COSCO Shipping Corporation (COSCOCS), created from a merger between China Ocean Shipping and China Shipping Group, is set to announce members of its new container shipping alliance. The announcement is expected to be made today by China Shipping Cosco Group in Shanghai, the Wall Street Journal reports citing sources close […]

  • Total wraps up France’s 1st ship-to-containership LNG bunkering

    4 May 2021
    Business Developments & Projects, Operations & Maintenance, Vessels

    French major Total has completed what is called the first ship-to-containership LNG bunkering operation in France.

  • Shell’s Malampaya offshore platform installed (The Philippines)

    2 September 2015
    Exploration & Production, Project & Tenders

    The installation of the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea off the coast of Palawan, Philippines has been completed. Following the completion of Substructure Engineering Design in early 2014, Shell Philippines Exploration B.V. (SPEX) appointed Arup to provide engineering support services for the fabrication […]

  • Seatricity to test Oceanus 2 in Ireland

    2 July 2015
    Research & Development, Technology

    Seatricity Ltd, a Cornwall-based wave energy company, will spend the week of 13th-18th July tank-testing its Oceanus 2 device in the Beaufort Wave basin at the Hydraulics and Marine Research Centre of the University College Cork, Ireland. Aims of the trial will include analysis of further optimisation options affecting predicted device outputs for use as […]

  • Ningbo Orient Delivers First Cables to Chinese Offshore Wind Project

    11 October 2019
    Storage

    Orient Cable’s Ningbo Orient has delivered the first batch of subsea cables for China General Nuclear Power Corporation’s (CGNPC) Daishan 4 offshore wind project in China. According to the Chinese company, the first batch of 35kV subsea cables, totaling 23.8 kilometers and weighing more than 1,800 tons, was delivered on 7 October. Orient Cable said it will continue providing […]

  • ZTT sends off submarine cable for Huizhou Port offshore wind farm

    21 May 2021
    Business Developments & Projects, Equipment, Infrastructure

    ZTT has sent off the submarine cable ordered by China Guangdong Nuclear Engineering (CGN) for the Huizhou Port offshore wind project in China.

  • Meeting on Lynnhaven Inlet Plan

    20 July 2015
    Business & Finance

    The U.S. Army Corps of Engineers and the city of Virginia Beach announced the initiation of the Lynnhaven Inlet Jetties Study on July 2. They are now inviting the public to attend a National Environmental Policy Act (NEPA) scoping meeting, scheduled for July 22, 6-8 p.m., at the Frank W. Cox High School auditorium lobby, […]

  • Seatricity to Test Its Wave Device in Ireland

    2 July 2015
    Research & Development, Technology

    Seatricity Ltd, a Cornwall-based wave energy company, will spend the week of 13th-18th July tank-testing its Oceanus 2 device in the Beaufort Wave basin at the Hydraulics and Marine Research Centre of the University College Cork, Ireland. Aims of the trial will include analysis of further optimisation options affecting predicted device outputs for use as […]

  • New Portugal & South Spain Liner Service Launched

    17 November 2015
    Business & Finance

    Two short sea shipping operators, UK-based MacAndrews and German Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), have launched a new weekly liner service between North Europe and the Iberian Peninsula. With the introduction of the new winter schedule, the companies decided to set up the liner service called “Portugal & South Spain” service (POSS) which sails to the ports of Tilbury, Dunkirk, Rotterdam, Leixoes, Setubal, […]

  • KSOE lands colossal order for 12 methanol-powered boxships

    1 February 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Transition, Vessels

    South Korean shipbuilding major Korea Shipbuilding & Offshore Engineering (KSOE) has won an order for the construction of twelve very large container ships from an unnamed European shipping company. The vessels will be built by KSOE’s subsidiary Hyundai Samho Heavy Industries and the contract is worth KRW 2.52 trillion ($2 billion). KSOE said that the […]

  • COSCO Shipping Captive 1st Asian marine insurer to join Poseidon Principles

    26 September 2022
    Business Developments & Projects, Certification & Classification, Collaboration, Outlook & Strategy, Regulation & Policy

    COSCO Shipping Captive Insurance, a subsidiary of COSCO Shipping Group, has become the first Asian marine insurance company to support the Poseidon Principles.

  • Suez to Lose Its Exclusivity in Large Containership Transits?

    11 August 2014
    Business & Finance

    Egypt’s announcement on expansion of the Suez Canal by adding a parallel line to the current channel of a total length of 72 kilometres (44.74 miles), has got the shipping industry players thinking about who will benefit the most from the expansion. The multi-billion-dollar plan could nearly double the canal’s capacity by 2023 thus significantly […]

  • First Container Liner Service between Hamburg and Black Sea

    24 February 2014
    Business & Finance

    The French shipping company CMA CGM is expanding its range of liner services from Hamburg and including Black Sea ports in its schedule for the first time. The CMA CGM LAVENDER sails on the extended FEMEX 1 Northern Europe-Mediterranean full container service from HHLA Container Terminal Burchardkai in Hamburg. Passing through the Bosphorus, for the […]

  • Port of Hamburg Will Not Lose Cargo due to Liner Service Changes

    24 January 2020

    The Port of Hamburg is not expecting a lower container throughput caused by liner service changes.

  • Fitch: Mergers and Acquisitions Trump Alliances

    29 April 2016
    Business & Finance

    Mergers and acquisitions (M&A), rather than more popular alliances, are inevitable to address overcapacity and drive further cost savings in container shipping, rating agency Fitch Ratings says, adding that the last week’s merger talks between Hapag-Loyd and United Arab Shipping Company (UASC) show that M&A are gaining momentum. Fitch claims that container capacity remains fragmented, […]

  • Bunker Fuel Prices Affect Matson’s Earnings

    22 February 2017
    Business & Finance

    US-based container carrier Matson reported a net income of USD 19.4 million in the fourth quarter of 2016, down from USD 26.6 million seen a year earlier, negatively impacted by a surge in bunker fuel prices and timing of fuel surcharge collections. The company’s revenue for the three-month period ended December 31, 2016 was USD 519.3 million […]

  • Molasses Spill and Horizon Buy Take a Chunk of Matson’s Profit

    5 August 2015
    Business & Finance

    Honolulu-headquartered carrier Matson, Inc., reported net income of USD 9.9 million for the quarter ended June 30, 2015, a 45% drop compared to USD 18.1 million net profit recorded in 2QFY14. Matson says its second quarter results were negatively impacted by USD 13.5 million of additional selling, general and administrative expenses related to the acquisition of Horizon Lines, and […]

  • Eidesvik sells seismic vessel

    20 August 2015

    Norway’s shipowner Eidesvik Offshore has signed a memorandum of agreement to sell a seismic vessel. The vessel, Viking II, owned by the company’s subsidiary Eidesvik Shipping, will be sold to an unnamed buyer for an undisclosed fee. Eidesvik said in a statement on Thursday that a deposit had been lodged and the delivery would take […]

  • ESPS Meteoro, EUCAP Nestor Conduct Diving Exercise with Djiboutian Navy and CG

    9 October 2013
    Business & Finance, Operations & Maintenance

    On Friday 4 October, during their recent visit to the Port of Djibouti, EU Naval Force warship ESPS Meteoro conducted a diving exercise with the Djiboutian Navy and Coastguard, organised in cooperation with EUCAP Nestor. The Djiboutian Forces and EUCAP Nestor team were welcomed on board by the Commanding Officer, Lieutenant Commander Juan Carlos Perez […]

  • Global Ship Lease Adds Maersk Line as Charterer

    21 September 2018
    Business & Finance

    Global Ship Lease signs time charter contract with Danish liner Maersk Line for a 2004-built boxship.

  • HMAS Gascoyne Constructs Route Survey of Darwin Harbour

    11 November 2013
    Business & Finance, Equipment, Operations & Maintenance

    Royal Australian Navy Minehunter Coastal (MHC), HMAS Gascoyne, has been hard at work conducting Route Survey of Darwin Harbour over the past few weeks. Route Survey is the exploration of a route to determine the nature of the seabed and the nature of any underwater objects that are detected. The data gained from such a […]