3671 results found for 'cgx'

3671 results found for 'cgx'
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  • 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.

  • 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 […]

  • 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.

  • 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 […]

  • China’s integrated solar power, hydrogen and energy storage project connects to grid

    7 January 2025
    Business Developments & Projects, Project & Tenders, Technology

    “China’s largest” integrated offshore photovoltaic (PV) demonstration project, combining solar power, hydrogen production and refueling, and energy storage, has been connected to the grid for power generation. Hengtong Group announced today, on January 7, 2025, that this development marks the launch of “China’s first” PV project aimed at ecological remediation of tidal flats. The project […]

  • Liners Turn to Surcharges as Reefers Get Diverted amid Plug Shortage at Chinese Ports

    18 February 2020
    Business & Finance

    Reefer shipments being diverted and relocated amid a shortage of reefer plugs at Chinese ports.

  • Sercel pursues ION Geophysical’s software business

    4 July 2022
    Business & Finance, Business Developments & Projects, IT & Software

    Sercel, CGG’s Sensing & Monitoring division, has been selected as the successful bidder for the acquisition of ION Geophysical’s software business. Sercel said it plans to keep all employees associated with the business. According to the company, the acquisition is in connection with ION’s recently announced U.S. chapter 11 bankruptcy process.   The closing of […]

  • Seismic Vessel to Become Hotel for OWF Staff

    25 November 2015
    Business & Finance, Project & Tenders

    Dutch ship owner C-Bed has contracted Wärtsilä Ship Design to supply the design for rebuilding its Seismic Survey Vessel, the ‘Viking II’, for use as a hotel vessel. According to Wärtsilä, the rebuilt ship will be used to accommodate and transfer service personnel working on offshore wind farms. The rebuild project is being carried out […]

  • Norway: Seismic Expert Joins Seismic Specialist

    9 January 2012
    Business & Finance

    Dolphin Geophysical has appointed Paul Tollefson as Manager, Marketing and Business Development, Multi-Client and Processing. Reporting to Ian T. Edwards, Vice President of Global Multi-Client, Paul will be responsible for the development and marketing of new Multi-Client surveys and promoting Dolphin’s processing capabilities. Since joining the seismic industry in 1975 with SSL, Paul has worked […]

  • Alphaliner: Top Carriers’ Combined Capacity Hits New Record

    3 January 2018
    Business & Finance

    Top 10 carriers’ combined capacity share reached a record high of 77%, according to Alphaliner.

  • Seabed Geosolutions to Deliver Manta Seabed System

    1 November 2016
    Equipment

    Seabed Geosolutions has announced the availability of its four-component (4-C) Manta ocean bottom node crew in early Q2 2017. Manta was developed in co-operation with Fugro and combines technologies to provide a cost-effective alternative to high-end streamer data acquisition. The system leverages proprietary node technology, fully automated handling systems and deployment methods, resulting in operations […]

  • PetroVietnam hires Ocean Quest drilling rig

    24 April 2014
    Business & Finance

    Diamond Offshore, a U.S.-based offshore drilling contractor, has secured a contract for one of its rigs in Vietnam. The Ocean Quest semi-submersible drilling rig will begin its contract with Vietnamese oil and gas company PetroVietnam (PVEP) at the end of April. The contract is for ten wells at a $198.900 day rate. PetroVietnam will have an […]

  • Malaysia: Nam Cheong Achieves Net Profit of USD 30.8 Mill in FY2011

    27 February 2012
    Business & Finance

    Nam Cheong Limited, SGX Main Board-listed Malaysian-based leading global Offshore Support Vessel (“OSV”) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, reported that it has achieved a net profit of RM93.2 million on revenue of RM606.2 million for the financial year ended December 31, 2011 (“FY2011”), in tandem with […]

  • Seabed Geosolutions in New GoM OBN Seismic Surveys

    28 June 2018
    Operations & Maintenance, Project & Tenders

    Seabed Geosolutions has been awarded a series of 4D ocean bottom node (OBN) seismic monitoring surveys over multiple oil and gas fields in the U.S. Gulf of Mexico. The surveys, with a duration of around two months, subject to final scope of work, will start in the third quarter of 2018. Stephan Midenet, CEO of […]

  • 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.

  • MEO Australia Provides Update on Bathurst and Heron Seismic Surveys

    22 December 2011
    Business & Finance, Operations & Maintenance

    MEO Australia Limited provides the following update with respect to activities being carried out by the permit operator, Eni Australia Ltd (Eni), in NT/P68. Bathurst 3D Seismic Survey The CGG Veritas seismic vessel, M/V Veritas Viking II commenced acquisition of the 698 km2 Bathurst 3D Seismic Survey on 3rd December 2011. The survey, over the […]

  • Spotted: COSCO Shipping Panama Makes Koper Debut

    28 November 2016

    Slovenia’s Port of Koper has welcomed for the first time COSCO Shipping Panama, one of the largest container vessels to moor in Koper. Arriving from the Chinese Port Kelang, COSCO Shipping Panama will call afterward at Trieste, Italy, and then sail to Turkey. According to the port, about 3,000 TEUs will be loaded and unloaded from the […]

  • 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 […]

  • Export Cable Hooked to Daishan 4 Substation

    11 December 2019
    Storage

    The 12-kilometer export cable delivered by Orient Cable has been connected to the offshore substation at the Daishan 4 offshore wind project in China. According to Orient Cable, 12km of the 220kV export cable was connected to the substation on 9 December. Furthermore, 35kV IAC will be laid in the first quarter of 2020. To […]

  • EOC to acquire EMAS Marine from Ezra

    10 July 2014
    Business & Finance

    EOC Limited today entered into an agreement with its largest shareholder, Ezra Holdings Limited to consolidate EMAS Marine, the offshore support services division of Ezra. The enlarged EOC Group will leverage EMAS Marine’s extensive execution capabilities and established track record in asset management and strengthen its position as a leading offshore solution provider, offering a suite of offshore support services, […]

  • Kanfer Shipping orders two LNG bunker vessels from Taizhou Yard

    27 May 2021
    Business & Finance, Environment, Market Outlooks, Transition, Vessels

    Norwegian shipping company Kanfer Shipping AS has signed a contract with China-based Taizhou Wuzhou Shipbuilding Industry for the construction of its first two small-scale LNG bunker and distribution ships. The order for the 6,000 cbm LNG bunkering pair comes on the back of a Letter of Intent (LoI) from January this year. The vessels are […]

  • Stamp of approval for Equinor to use Floatel’s unit in North Sea

    25 January 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Safety, Vessels

    Norway’s PSA has given Equinor consent to use one of Floatel’s semi-subs as a mobile accommodation facility at a North Sea field off Norway.

  • Australian regulator assessing Vermilion’s Wandoo well construction plans

    5 February 2020

    Australia’s National Offshore Petroleum Safety and Environmental Management Authority is assessing Vermilion Energy’s well construction plan for the Wandoo field located offshore Australia.