3671 results found for 'cgx'

3671 results found for 'cgx'
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  • Sercel deploys new multi-sensor streamer off Ireland

    7 June 2017
    Equipment

    Designer and manufacturer of seismic equipment and reservoir monitoring instruments Sercel has commercially deployed its new multi-sensor solid streamer, the Sentinel MS, for the first time. Sercel said that new streamer was operating during CGG’s large 3D multi-client survey being conducted by the vessel Geo Coral in the Southern Porcupine Basin in Ireland. The company added […]

  • UAE: Leighton Offshore’s New Cable Lay Vessel Hits the Water

    10 November 2011
    Business & Finance

    Leighton Offshore yesterday launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah.  The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway. The MPV-1 will also […]

  • OPDR Launching New CAVA Service

    2 June 2016
    Business & Finance

    German short sea shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), a subsidiary of CMA CGM, is to start on June 7 its new CAVA service that will connect the Spanish east coast with northern European ports, including Saint Petersburg.  The new service is to link the two major Spanish ports Valencia and Cartagena to four of the main ports in northern Europe: […]

  • CentrePort Wellington Boosts Links with Americas and Europe

    13 October 2015
    Business & Finance

    CentrePort Wellington is adding a new international container shipping service in November to link New Zealand’s capital with Americas and Europe. The new ”Panama service,” operated by French container carrier CMA CGM and Marfret, will take central New Zealand goods directly to the ports in Americas and Europe.  ”The establishment of the call adds weight to […]

  • YM Express Joins Yang Ming’s Fleet

    19 May 2015
    Business & Finance

    Taiwanese shipping company Yang Ming Marine Transport Corporation has taken delivery of  YM Express, a 4,662 TEU full-container vessel built by compatriot CSBC CORP. YM Express is the fifth of five eco-friendly 4,662 TEU full-container vessels built for Yang Ming by CSBC CORP. The new ship is 259 meters long, 37.3 meters wide and has 400 […]

  • Energy Observer unveils zero-emission, LH2-powered cargo ship concept

    8 February 2022
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Innovation, Outlook & Strategy, Transition, Vessels, Vision

    French project Energy Observer is launching a design of a multipurpose cargo ship fuelled by liquid hydrogen, a technology that allows zero-emission navigation, while offering very high transport capacities and autonomy.

  • Bangladesh: Government Announces Capital Dredging Plan

    10 December 2012

    The Bangladesh government has announced the plan that will ensure smooth navigability on the important river routes in the country. This capital development plan includes the massive dredging program on 53 rivers which will cost about Tk 18.74 billion, according to thefinancialexpress-bd.com. As soon as the Bangladesh Inland Water Transport Authority (BIWTA) receives the nod […]

  • Ocean Alliance Returns to Port of Venice

    25 April 2017
    Business & Finance

    The Ocean Alliance is restarting its Med-Far East service from the Port of Venice as from May 2017, after the service was stopped last winter because of a structural drop in demand, the port informed. The direct service of the Ocean Alliance, formed by China Cosco Shipping, Evergreen Line, CMA CGM and OOCL, will start […]

  • Maersk Line to Hike Asia-Northern Europe Freight Rates

    16 March 2016
    Business & Finance

    Danish liner major Maersk Line plans to raise freight rates from Asia to Northern Europe by USD 400 per 20-foot equivalent unit (TEU) from April 1st, the company announced Tuesday. The rate increase will also be introduced on the Far East Asia to Mediterranean service worth USD 500 per TEU, excluding Japan and Syria. The increase […]

  • OPDR to Call New Hamburg Terminal

    4 October 2016
    Business & Finance

    The short sea shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR), a part of the French major CMA CGM Group, will call a new terminal in the Port of Hamburg. OPDR said that its vessel DP Legacy is scheduled to call the C. Steinweg Group’s Süd-West-Terminal (SWT) on October 11, 2016. The 925 TEU containership, which is deployed in the CISS service, will […]

  • Will Shipyards Run Out of Orders in 2013 – 2014

    16 October 2012

    Shipyards’ order cover continues to decline as more tonnage is being delivered than contracted. In 2012, the global order cover fell by 20% to 19 months. According to the Danmarks Skibskredit A/S latest market review, only 30% of global yard capacity has been in demand during 2012 as 13 million cgt was contracted. Capacity has […]

  • Matson Pleads Guilty to Honolulu Molasses Spill Charges

    22 October 2014
    Business & Finance

    Matson Inc. has agreed to pay USD 1 million in penalties for illegally discharging over 230,000 gallons of molasses into Hawaii’s Honolulu Harbor on September 9, 2013, the Pacific Business News reports. Matson Terminals Inc. pleaded guilty with the U.S. Attorney in Hawaii to violating two counts of the the Rivers and Harbors Act of 1899. Matson will pay USD 400,000 […]

  • Cargo Ship Blown Aground off Philippines

    5 February 2015
    Business & Finance

    Strong winds and currents forced the cargo ship MT King Andrew to run aground yesterday off the Philippine province of Guimaras, the Philippine Coast Guard reports. The 1970-built vessel was loaded with close to 1,500 tonnes of cane molasses, carrying 21 crewmen, when the strong gusts of wind drifted the ship off the Light Station Siete Picados in Guimaras. […]

  • Report: Engie keeping LNG business, sheds oil, coal

    21 September 2016

    Contrary to recent reports, Engie of France is not planning to sell its liquefied natural gas business, but it is looking to stop its coal and oil production activities.

  • Baltic Exchange in LNG move

    26 April 2017

    The Baltic Exchange said on Wednesday it aims to move into the LNG and container spaces as part of plans to boost its role in the maritime industry. The Baltic Exchange, along with its parent company the Singapore Exchange, plans to develop a freight LNG index to support its spot LNG pricing and Singapore’s ambitions of becoming […]

  • Itochu’s ammonia research project expands to 34 participants

    2 August 2021
    Research & Development

    Japan-based trading company Itochu Corporation has established a joint study framework aimed at discussing current issues of using ammonia as a marine fuel.

  • Ezra Investment Deal Collapses

    17 July 2018
    Business & Finance

    Offshore services player Ezra Holdings said that its restructuring proposal with Asia Fund Space (AFS) has fallen through after the financial consultancy specialist failed to meet certain conditions of the deal. In March this year, AFS agreed to acquire new shares in the capital of Ezra as well as the possible subsequent injection of new assets into […]

  • Nam Cheong Sells Three Offshore Support Vessels

    27 December 2012

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (“OSV”) builder, today announced that it has sold one Platform Supply Vessel (“PSV”) and two Anchor Handling Towing Supply (“AHTS”) vessels worth a total of US$56.4 million, bringing the total number of vessels sold this year to 21. […]

  • MSC Makes a Comeback to Iran

    4 January 2016
    Business & Finance

    Container shipping company Mediterranean Shipping Company (MSC) has returned to Iran following a 6-year suspension of services due to sanctions imposed against Iran which are now about to be lifted. Namely, MSC containership Domitille has berthed at the country’s port of Shahid Rajei, as disclosed by Ebrahim Idani, Director General of Hormozgan Province Ports and Maritime […]

  • Yang Ming Names Third CSBC Newbuilding

    7 January 2015
    Business & Finance

    YM Enlightenment, a 4,662 TEU full-container vessel built for the Taiwanese shipping company Yang Ming by CSBC Corp., Taiwan, was named at a ceremony held at CSBC Kaohsiung Shipyard on January 5, 2015. YM Enlightenment is the third of five 4,662 TEU full-container vessels built for Yang Ming by CSBC CORP. The new ship is […]

  • Biggest Engine Order for Scania in Russia

    12 April 2013

    Russian boatbuilder JSC ZNT Yard has placed an order with SPB Marine LLC for delivery of marine engines. The contract, the largest so far for Scania in Russia, underlies delivery of 32 propulsion units based on Scania DI 16M engines and Twin Disc MGX 5135 SC gearboxes for vessels of project 23040. ZNT Yard OJSC […]

  • Malaysia: Nam Cheong Clinches Deal for Three Newbuilds

    27 December 2012

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, today announced that it has sold one Platform Supply Vessel (PSV) and two Anchor Handling Towing Supply (AHTS) vessels worth a total of US$56.4 million, bringing the total number of vessels sold this year to 21. […]

  • Drewry: COSCO-OOCL Entity Would Be World’s 3rd Largest Carrier

    11 July 2017
    Business & Finance

    The latest shipping market combination between COSCO Shipping Holdings and Orient Overseas International Lines (OOIL) would become the world’s third largest container carrier if finalized, according to shipping consultancy Drewry. The entity, which would have a combined fleet of 400 vessels operated over a much expanded network, with capacity exceeding 2.9 million TEUs including orderbook, would overtake its partner in the […]

  • BAE Systems to Showcase at OTC 2012 in Houston, USA

    29 April 2012
    Business & Finance

    BAE Systems will showcase a range of shipbuilding and repair capabilities for commercial customers at the 2012 Offshore Technology Conference, April 30 – May 3 at the Reliant Center in Houston. With more than 5,000 experienced project managers and highly skilled tradespeople, BAE Systems has logged millions of man-hours with proven success in dry-dock and […]

  • Brazil: OSX Awards MODEC USD 800 Million FPSO EPCI Contract

    22 July 2011
    Business & Finance

    OSX Brasil S.A. (“OSX”) , a Brazilian publicly held corporation focused in the supply of equipment and services to the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, informed its shareholders and the market in general that:  OSX 3 Leasing […]