3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Now over 90% Far East services in Rotterdam

    10 July 2009

    Since October 2008 the number of services between the Far East and Northwest Europe declined with eleven. Only two of the present 25 weekly services do not call in Rotterdam: the Japan focussed Grand Alliance service (Benelux call in Amsterdam) and the Lion Service of MSC makes an iirregular Benelux call in Antwerp. The share […]

  • PIL Terminates Vessel Calls to Iran due to US Sanctions

    15 October 2018
    Business & Finance

    Pacific International Lines (PIL) has ceased acceptance of cargoes in and out of Iran.

  • Brazil: OSX Initiates Engineering of Two Wellhead Platforms

    24 February 2011
    Business & Finance

    OSX initiates engineering services for wellhead platforms – the company’s order book moves foward with WHP-1 e WHP-2. OSX Leasing, a subsidiary of OSX Brazil, an EBX Group Company, initiates the basic engineering of two Wellhead Platforms (WHP-1 and WHP-2). The service will be delivered by Techint Engenharia e Construção S/A and the unities will […]

  • Peru: Wison Group Secures CX-15 Platform Construction Contract for Corvina Field

    15 November 2011
    Business & Finance

    Shanghai-based Wison Offshore & Marine Ltd., an upstream oil and gas division of the Wison Group, has secured contracts to engineer, procure and construct the world’s first Buoyant Tower drilling and production platform. The  facility, which will be known as the CX-15 platform, will be supplied for BPZ Energy’s Corvina field located offshore Peru. Wison […]

  • Photo of the Day: Eneco Luchterduinen Substation in Antwerp

    28 November 2014
    Storage

    All construction activities on Eneco’s four-story transformer station have been completed. The Offshore High Voltage Station is sitting on large grounds of Fabricom Cofely (GDF SUEZ) in Hoboken (Antwerp) where it will be finished and tested prior to the installation scheduled for February next year. The transformer station will collect electricity generated by 43 turbines […]

  • FICG Consortium Bags EUR 150 Mln Contract from Van Oord

    26 June 2014
    Business & Finance

    Avantha Group Company CG, along with the other consortium partners Fabricom and Iemants, has been selected by Van Oord, for the offshore wind project “Gemini” in the Netherlands. As part of the scope CG, will design, deliver and install 2 high voltage (HV) offshore substations and 1 HV onshore substation. The volume of the order […]

  • US-led coalition of global powers warns Houthis to stop ‘illegal attacks’ or ‘bear the consequences’

    4 January 2024
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    The governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Singapore, and the United Kingdom issued a joint statement warning the Houthis against further attacks in the Red Sea. The statement is being issued on the heels of the latest use of anti-ship ballistic missiles against commercial vessels, […]

  • Highlights of the Week

    21 December 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (December 15 – December 21). The UK-based oil services company Subsea 7 is reported to be letting go almost 150 employees in Norway. According to the latest reports, the company revealed that its Norway headquarters in Stavanger will […]

  • Hapag-Lloyd Ships Will Not Use Arctic Sea Routes

    4 October 2019
    Business & Finance

    Hapag-Lloyd will not use the Arctic shipping passages which are now open as the sea ice is melting.

  • Clarksons: Liner Shipping among More Consolidated Sectors

    13 February 2017
    Business & Finance

    Although the container shipping sector saw a huge amount of consolidation in 2016 driven by the persistent pressure in the industry, the sector is still not that consolidated, according to Clarksons Research. On the basis of start 2017, this fairly fragmented shipping industry counted 88,892 ships in the world fleet, which were spread across 24,267 owners. That works […]

  • Poten&Partners: French Strike’s Impact on Tanker Market Limited, but Growing

    30 May 2016

    At the moment, the impact of national strike in France, where members of the trade union CGT have organized strikes at the country’s refineries and blocked oil terminals and fuel depots, on the tanker market is fairly restricted, albeit growing, according to shipbrokers Poten&Partners. Based on the latest update cited by Reuters, some 38 oil tankers […]

  • Largest shipping lines post record profit jump in Q1 2021

    16 June 2021
    Market Outlooks, Outlook & Strategy

    The combined EBIT in the first qurter of 2021 of all reporting carriers was a staggering $16.19 billion, a new report published by Sea Intelligence shows.

  • Matson Sees Lower Net Income in 3Q 2016

    8 November 2016
    Business & Finance

    US-based container carrier Matson reported a 40 percent drop in its net income for the quarter ended September 30, 2016, due to lower freight volumes. The company’s net income fell to USD 25 million in the third quarter of this year from USD 41.5 million recorded in the same quarter last year. Moreover, consolidated revenue […]

  • Contracting Activity Slashed in 2014

    29 January 2015

    Weaker ordering in the bulk carrier sector contributed to around half of the y-o-y decline in total contracting activity in 2014, according to London-based research firm Clarksons. Clarksons data shows that 677 bulkers have been ordered in 2014, cut by almost a half from very strong activity in 2013 when 1,253 bulkers were contracted. Despite […]

  • Wind up application filed against EMAS AMC, Ezra says

    15 February 2017

    Logistics provider Necotrans Singapore filed an application to wind up Ezra Holdings’ associate company EMAS AMC with the High Court of Singapore on February 6. EMAS AMC is a wholly owned unit of Ezra’s associate Emas Chiyoda Subsea, which is owned 40% by Ezra, 35% by Chiyoda and 25% by NYK. Ezra said in a Singapore stock exchange filing […]

  • Singapore: Keppel Bags USD 146 Million Contract

    4 August 2011
    Business & Finance

    Keppel Shipyard Ltd (Keppel Shipyard) has secured two contracts worth a total of S$146 million to convert a Floating Production Storage and Offloading (FPSO) unit as well as to fabricate and integrate an external turret mooring system for an existing FPSO unit. The first contract is from Single Buoy Moorings Inc (SBM) for the conversion […]

  • HMM to form joint venture with Singapore’s PSA

    18 August 2020
    Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Ports & Logistics

    South Korean shipping major HMM revealed plans to form a joint venture company with Singapore’s port operator PSA International.

  • Virginia Port Authority Appoints New Members

    21 April 2014
    Business & Finance

    Governor Terry McAuliffe has appointed five new members to the Virginia Port Authority’s Board of Commissioners and asked the incoming members to act swiftly to improve The Port of Virginia’s fiscal management and return it to profitability. “The Port of Virginia is one of the Commonwealth’s most important economic assets, and improving its performance is […]

  • Ezra’s shareholders approve EOC deal

    19 August 2014

    About 98.5% of shareholders voted in support of the resolution by a poll at today’s Extraordinary General Meeting (EGM).

  • Hamworthy to Equip FPSO OSX-1 with Its VIEC Technology (Brazil)

    21 February 2011
    Business & Finance, Equipment

    Hamworthy has signed a contract with FPSO Owner OSX 1 Leasing B.V., a subsidiary of OSX Brasil S.A., for delivery of its newest generation Vessel Internal Electrostatic Coalescer (VIEC®) technology to the FPSO OSX-1. Upon completion of customization works currently in progress in Singapore, the FPSO OSX-1 will be delivered by OSX to its customer […]

  • Highlights of the Week

    23 November 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    Subsea World News has put together a recap of the most interesting articles from the previous week (November 17 – November 23).       French oil services provider Technip has announced that, on Monday, November 10, 2014, it approached CGG to create a first tier oil and gas services provider. The proposed transaction would […]

  • HD KSOE broadens presence in Vietnam with new strategic acquisition

    25 August 2025
    Business Developments & Projects, Outlook & Strategy

    South Korean HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai’s shipbuilding division, has decided to expand its footprint in Southeast Asia by acquiring Doosan Vina, an arm of Vietnam-based Doosan Enerbility. As disclosed, HD KSOE signed a stock purchase agreement with Doosan Enerbility on August 20. The deal […]

  • Siem Offshore further extends seismic vessel charter

    4 August 2016
    Business & Finance

    Offshore and subsea shipping company Siem Offshore has agreed to extend the current charter period for the vessel Hugin Explorer. Siem said on Thursday that the extension of the charter is for an additional 15 months taking the firm period of the charter up to July 1, 2019. The financial details of the contract have remained undisclosed. […]

  • FSL Trust Finalizes USD 31.4 Mn Share Offering

    5 June 2019
    Business & Finance

    FSL Trust earlier said that the proceeds from the offering would be used to renew its ageing fleet.

  • USA: Kvichak Marine to Build a Pilot Vessel for SWAPA

    22 February 2013

    Kvichak Marine Industries, of Seattle, WA, was recently awarded a contract to build a 50’ x 15.5’ pilot vessel for the Southwest Alaska Pilots Association (SWAPA). SWAPA provides pilotage service in the coastal areas of South Central Alaska. Designed by Kvichak Marine, the all-aluminum vessel will be powered by twin CAT C18 ACERT tier II […]