3678 results found for 'cgx'

3678 results found for 'cgx'
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  • Swissco Wraps Up Scott and English Energy Takeover

    22 July 2014
    Business & Finance

    Singapore-listed Swissco Holdings Limited, a marine service provider for the offshore oil and gas industry, has approved the acquisition of Scott and English Energy Pte. Ltd., for approximately USD 230 million.   Scott and English Energy is in the business of owning and leasing mobile offshore drilling units and service rigs to support major oil […]

  • Volumes Rise at Port of Los Angeles

    17 December 2015

    Californian Port of Los Angeles recorded an increase of 7 percent in the capacity handled in November, a total of 709,968 twenty-foot equivalent units (TEUs), compared to the same period last year. “We’ve seen container volumes at and above 700,000 TEUs for the past six months, which demonstrates consistency and the strength of our supply […]

  • CSSC’s Wuhu Shipyard tapped by Kawa Shipping in $240M newbuilding order

    17 January 2025
    Ports & Logistics, Vessels

    Hong Kong-headquartered container shipping line Kawa Shipping has reportedly booked three 4,800 TEU vessels to be built at China’s Wuhu Shipyard, part of China State Shipbuilding Corporation (CSSC), in a $240 million deal. It is understood that the contract also includes an option for a fourth newbuilding. The delivery date for the ships has not […]

  • Lower Charter Rates Lead Box Ships to Net Loss

    15 December 2015
    Business & Finance

    Athens-based container shipping company Box Ships has reported a net loss during the third quarter of 2015 at USD 0.8 million, compared to a net income of USD 5.6 million during the corresponding period in 2014. The company’s results were influenced by decreased charter rates, as well as by a rise in its idle fleet. During the third quarter […]

  • New interim CEO to lead Spirit Energy through transition

    3 February 2022
    Business & Finance, Business Developments & Projects, Human Capital, Transition

    As it transitions to a new phase, Spirit Energy has made board and executive appointments, including the appointment of an interim CEO.

  • KrisEnergy launches rights issue to support CAPEX

    15 June 2015
    Business & Finance

    KrisEnergy Ltd., an independent upstream oil and gas company, has announced an underwritten renounceable rights issue to support the company’s capital expenditure including to grow oil and gas production in existing fields and near-term development projects. According to KrisEnergy, the rights issue is expected to generate net proceeds of approximately S$165.6 million ($123.1M) from issuing […]

  • Total, Pavilion Energy join forces on developing LNG as marine fuel

    26 June 2018
    Project & Tenders

    France’s Total signed a heads of agreement with Pavilion Energy to jointly develop a liquefied natural gas (LNG) bunker supply chain in the port of Singapore.

  • Bandy Creek Dredging Completed

    8 September 2017
    Business & Finance

    Maintenance dredging work at Bandy Creek has been completed, according to the WA Government latest report. The Department of Transport (DoT) reported that larger commercial fishing, charter industry and recreational vessels will now have safe access to Bandy Creek Boat Harbor, following the completion of the maintenance dredging project. DoT Coastal Infrastructure General Manager, Steve Jenkins, […]

  • Hanjin Shipping Adds Express Asia-US Shipping Service

    20 April 2016
    Business & Finance

    South Korean shipping company Hanjin Shipping will launch a new express shipping service on the Asia-US shipping route, the company said on April 18. The CAX (China America Express Service), which will link Shanghai in China to the US Port of Long Beach, is scheduled to become operational on May 24, 2016. Hanjin expects to launch five 4,000 TEU containerships […]

  • ONE, PSA Singapore Inaugurate Magenta Joint Venture Terminal

    17 May 2019

    A total of four berths will have a combined annual handling capacity of 4 million TEU.

  • Norway sells 3D seismic data from area southeast of Troll

    12 July 2016

    The Norwegian Petroleum Directorate (NPD) is selling 3D seismic data from an area southeast of Troll field, block 31/5 as well as a small part of Block 31/4, located in the North Sea.  The NPD, a  government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, acquired the seismic data in […]

  • US Port of Long Beach CEO Resigns

    12 September 2016

    US Port of Long Beach’s (POLB) CEO, Jon Slangerup, has revealed its plans to resign from this position, effective October 31, 2016.  POLB said Slangerup has accepted a position as Chairman and CEO of “a leading aviation technology company effective October 31, 2016.” Slangerup joined the port in June of 2014. “Soon after joining the […]

  • Gallery: Crane Collapses after Ship Hits Pier at Abidjan Port

    23 May 2017
    Business & Finance

    Image Courtesy: Autonomous Port of Abidjan While docking at the Port of Abidjan’s container terminal on May 18, a cargo vessel hit Pier 21 and collided with a gantry crane, causing it to collapse. The vessel in question is Da Zhi, according to Blueoceania Incorporated. The 28,000 dwt multipurpose (MPP) ship is owned by China’s COSCOCS […]

  • Indian Coast Guard Welcomes New Patrol Boat

    30 May 2014
    Business & Finance

    Cochin Shipyard Limited (CSL) delivered the sixth in the series of 20 Fast Patrol Vessels being built for the Indian Coast Guard. The Protocol of delivery and acceptance was signed by Shri Vinayakumar P, Director, on behalf of CSL, and Commanding Officer of the vessel Cmdr. Umed Singh of Indian Coast Guard. The vessel is named “CGS AGRIM” […]

  • Report: HMM Bolsters China-South Korea-Russia Coverage

    30 March 2017
    Business & Finance

    South Korean shipping company Hyundai Merchant Marine (HMM) has extended its offering on a route connecting China, South Korea and Russia in order to meet an increased shipping demand, Yonhap News Agency reports.  HMM has been offering services on the route in cooperation with Russian shipping line FESCO and French container shipping giant CMA CGM. […]

  • ROTORK to Install Subsea Safety Valves for Seth Platform, Offshore Egypt

    8 August 2011
    Business & Finance, Equipment, Operations & Maintenance

    The single acting, spring-return rack and pinion actuator, model number GSR-2-490-110F/CX, will operate a 16 inch ANSI Class 900 ball valve… (4-traders) [mappress] Source: 4-traders, August 8, 2011;

  • Xeneta: CEI improved on majority of top container trades in Q1

    14 July 2023
    Environment, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    The first quarter of 2023 saw Carbon Emissions Index (CEI) improvements on the majority of top 13 container trades, evaluated by Xeneta, an Oslo-based ocean and air freight rate benchmarking and market analytics platform. The average CO2 emitted per ton of cargo carried fell on ten of the world’s leading trades compared to Q4 2022, […]

  • Repsol picks Parisian firm for subsea job offshore Mexico

    8 February 2023
    Business & Finance, Business Developments & Projects, Equipment, Project & Tenders

    France-headquartered DORIS has secured a contract with Spanish oil company Repsol to deliver concept engineering of the subsea production system (SPS) and subsea umbilical, riser, and flowline (SURF) for a project offshore Mexico. The Parisian company signed a contract with Repsol Exploración México for the Block 29 development located in the Gulf of Mexico. Block […]

  • Seabed Geosolutions sells Ocean Bottom Cable equipment

    13 November 2019
    Equipment

    Seabed Geosolutions has sold its shallow-water ocean bottom cable (OBC) recording equipment for around US$ 10 million.

  • Sterling starts seismic shoot offshore Madagascar

    27 April 2015
    Business & Finance

    Sterling Energy Plc, the AIM listed oil & gas exploration company, has started its planned 3D seismic survey of 1,250 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. According to Sterling, the acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partners, and completion is expected within […]

  • WWII Destroyer USS Strong Wreck Found

    1 March 2019

    Wreckage of World War II destroyer USS Strong (DD 467) was recently discovered resting 300 meters below the surface of Kula Gulf, north of the island of New Georgia, in the Solomon Islands. The expedition crew of Paul G. Allen’s research vessel (R/V) Petrel reported the the discovery of Strong who sunk on July 5, 1943 […]

  • Demand for Ultra-Large Vessels Changes Course

    23 July 2014

    Demand for newbuild containerships has dwindled during the month of June, as European traffic demand began to increase, heralding a changing course in the industry.   The slowdown in growth of the orderbook, particularly amongst ultra-large vessels, marks a positive sign that improving demand could catch-up with the projected vessel supply by 2016, said Irish […]

  • Norway: HitecVision Acquires GCR’s Shares in Reef Subsea

    28 January 2014
    Business & Finance, Equipment, Technology

    HitecVision has announced the acquisition of GC Rieber Shipping ASA (GCR) shares in Reef Subsea. Through this share purchase HitecVision secures 100% of the shares in the company and enables Reef Subsea to move forward with a strategy to develop Reef along two main business areas – dredging and excavation (D&E) and integrated projects (IP). […]

  • Energinet.dk Invites Substructures Providers for Kriegers Flak

    4 March 2016
    Project & Tenders

    Denmark’s Energinet.dk is seeking a contractor to provide gravity based substructures for KFA and KFBE offshore substations for Kriegers Flak wind project in the Baltic Sea. The planned 600MW offshore wind farm will act as a ‘Supergrid’, eventually being able to transmit renewable energy through power grids to Denmark, Sweden and Germany. The substructures are […]

  • Wood Group Mustang to Design Topsides for White Rose Field Platform

    19 December 2013
    Business & Finance

    Wood Group Mustang Canada has been awarded the detailed engineering and design of an integrated topsides facility as part of the White Rose Extension Project (WREP), offshore Newfoundland & Labrador, Canada. Subject to partner, company and regulatory approvals, the facility for WREP will consist of topsides supported by a concrete gravity structure (CGS). Wood Group […]