3677 results found for 'cgx'

3677 results found for 'cgx'
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  • 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 […]

  • USA: Crowley Christens Two New Petroleum Tank Barges

    10 May 2011

      Preparing to take environmental protection of Western Alaska waters to a whole new level, Crowley Maritime Corporation christened two new double-hulled petroleum tank barges, the 165-1 and 165-2, Saturday morning during a small ceremony at Dakota Creek Industries in Anacortes, Wash. The vessels, which are the first double-hulled, environmentally friendly barges of their kind […]

  • 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 […]

  • RigNet to Acquire Inmarsat’s Energy Broadband Business

    2 August 2013
    Business & Finance

    RigNet, Inc., a leading global provider of managed remote communications solutions to the oil and gas industry, yesterday announced a strategic deal with Inmarsat plc, the leading provider of global mobile satellite services (MSS), involving the sale of Inmarsat’s Energy Broadband business to RigNet and the appointment of RigNet to become a key distribution partner […]

  • Ascenz Marorka inks digital maritime services deal with Brunei Gas Carriers

    8 November 2023
    Business Developments & Projects, Equipment, Green Marine, Technology, Vessels

    Ascenz Marorka, a subsidiary of French LNG containment specialist GTT, has signed a contract with Brunei Gas Carriers to provide its Amadi vessel with a comprehensive range of digital maritime services designed for LNG carriers (LNGCs). Encompassing the full spectrum of Ascenz Marorka’s ‘Smart Shipping’ solution, the contract is said to include on-board data collection, […]

  • Drewry: Ordering Spree in Boxship Sector Unlikely

    27 October 2017
    Business & Finance

    On the heels of the two orders by containership majors CMA CGM and MSC for 22,000 TEU ships, the market fears there is a risk other carriers might follow suit further distorting demand-supply balance, which is already suffering from tonnage oversupply. To remind, Mediterranean Shipping Company has opted for Daewoo Shipbuilding and Marine Engineering (DSME) to […]

  • Noble’s Relisting Plans Face a Hurdle

    7 December 2018
    Business & Finance

    Singapore authorities will not allow Noble Group to transfer its listing status to New Noble.

  • Pacfic Rubiales Becomes Technical Operations Manager at Block Z-1 (Peru)

    3 April 2013

    BPZ Energy , an independent oil and gas exploration and production company, today provided an update on offshore Block Z-1 in Peru. Platform monitoring and control system modifications to facilitate operation of the CX-15 platform before new drilling can begin are being worked on by the Block Z-1 partners. Temporary equipment is tracking platform response […]

  • GSL Cancels USD 400 Mn Notes Offering

    10 July 2017
    Business & Finance

    UK-based containership charter owner Global Ship Lease (GSL) has decided to suspend the previously announced senior secured notes offering.  As informed, the company now intends “to continue its ongoing efforts to identify attractive opportunities to proactively refinance its 10% Senior Secured Bonds due 2019.” In late June, GSL launched the offering in an aggregate principal […]

  • Rotterdam’s PortXL and GTT join hands on maritime innovation

    4 October 2023
    Innovation

    PortXL, the Rotterdam-based accelerator for maritime, sustainable start-ups and scale-ups, has formed a strategic partnership with French containment specialist GTT to work in the field of maritime innovation.

  • AFS Emerges as Possible Lifeline for Ezra

    1 March 2018
    Business & Finance, Operations & Maintenance

    Financial consultancy specialist Asia Fund Space (AFS) has agreed to acquire new shares in the capital of Ezra as well as the possible subsequent injection of new assets into Ezra. The agreement is subject to all Ezra shareholder, creditor, court (US and Singapore) and other necessary approvals being obtained. Given the approvals required, the agreement […]

  • La Bella Seismic Survey to Start Next Week (Australia)

    6 November 2013

    Australian energy company WHL Energy Limited has informed that the seismic vessel the CGG Viking II has mobilised to the Otway Basin and is currently deploying its equipment.  The La Bella 3D Marine Seismic Survey (MSS) in offshore Otway Basin permit VIC/P67 is expected to start around 15 November, once the Viking II has completed a smaller […]

  • Denmark Nods to Interstate Offshore Wind Farm Connector

    5 February 2016
    Authorities & Government, Business & Finance, Storage

    Denmark’s Ministry for Energy, Utilities and Climate has approved Energinet.dk’s application for a EUR 320 million investment in a new 400 MW interconnection between one Danish and two German offshore wind farms in the Baltic Sea. The interconnector will link the 600 MW Danish offshore wind farm Kriegers Flak via submarine cables which run from the German side […]

  • Container shipping majors boosted by positive credit ratings

    8 October 2020
    Business & Finance, Outlook & Strategy

    Rating agency Moody’s has upgraded the outlook on the ratings of the world’s largest container shipping company Maersk from negative to positive. Concurrently, Moody’s affirmed the Baa3 long-term issuer rating of the company. “Following a very strong performance amidst the global pandemic by the container shipping industry, Maersk’s credit metrics have continued to strengthen during […]

  • Oil spills: Industry must not take its eye off the ball

    17 February 2015

    The oil and gas industry is set to discuss the importance of maintaining focus on oil spill response across all sectors at the three day Interspill conference and exhibition in Amsterdam from 24 – 26 March. Rob Cox, technical director at IPIECA and Interspill chairman, believes it is crucial that spill prevention and response remains […]

  • Matson Reports Higher Revenues, Lower Profits in Q4

    22 February 2019
    Business & Finance

    US-based container carrier Matson closed the fourth quarter of 2018 with a considerably lower net income. 

  • Hamburg first European port to offer shore power for container and cruise ships

    14 May 2024
    Business Developments & Projects, Infrastructure, Ports & Logistics

    The Port of Hamburg has become the first port in Europe to offer shore power for both container and cruise vessels.

  • Offshore oil platform catches fire in Gulf of Mexico

    25 May 2015
    Exploration & Production

    An oil platform located in the Gulf of Mexico, 32 kilometers offshore Louisiana, caught fire on Friday, May 22, 2015.  Watchstanders at Coast Guard (CG) Sector New Orleans received a report at 2:50 a.m. from the offshore supply vessel Miss Katherine reporting a fire on board an oil production platform in Breton Sound Block 21. […]

  • First Sapinhoá seismic acquisition impending

    10 June 2021
    Project & Tenders

    Seabed Geosolutions is set to begin the first of two seismic acquisitions of the Sapinhoá field monitoring project in Brazil on 13 June. The work includes 3D and 4D geophysical acquisition and processing using Ocean Bottom Nodes (OBN) at the project located in the pre-salt of the Santos Basin. Base seismic (3D), with an area […]

  • Norway: WGP Supplies Marine Gravity Equipment to TGS

    11 June 2012
    Business & Finance, Equipment, Project & Tenders

    WGP Exploration announces two contract awards with TGS-Nopec for the provision of marine gravity equipment for their on-going multi-client projects in the North Sea. The projects, which commenced in late May, have an anticipated duration of six weeks and two months respectively. Complimenting marine seismic data with magnetic and gravity acquisition is of great benefit […]

  • Eidesvik secures source vessel job in North Sea

    14 May 2019
    Business & Finance

    Norwegian shipping company Eidesvik Offshore has been awarded a contract in the North Sea for the Veritas Viking vessel. 

  • Seabed Geosolutions wins more work in Brazil

    15 October 2020
    Exploration & Production, Project & Tenders

    Seabed Geosolutions has secured a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil. The project will take place in water depths greater than 2,200 metres. The baseline survey should commence in the second quarter of 2021. According to the company, the total […]

  • Hon. José Herrera Visits Malta Freeport Terminals

    3 June 2014

    The Hon. José Herrera, Parliamntary Secretary for Competitiveness and Economic Growth, Hon. MP Silvio Schembri and Private Secretary Charlon Gouder visited Malta Freeport Terminal on Friday 30 May 2014.  The contingent was welcomed to the facilities by Mr. Alex Montebello, Director Sales, Marketing, IT and Operations; Dr. Duncan Borg Myatt, Company Secretary, Director HR, Legal & Safety and […]

  • SeaBird Wraps Up Geowave Voyager Buy

    2 August 2018

    SeaBird Exploration’s acquisition of the seismic vessel ‘Geowave Voyager’ from Exploration Vessel Resources II, a wholly owned subsidiary of CGG, has become effective and unconditional. The agreement became unconditional following the technical inspection of the vessel, the company informed. SeaBird acquired Geowave Voyager and certain seismic equipment for a cash consideration of USD 17 million and the […]