3671 results found for 'cgx'

3671 results found for 'cgx'
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  • OOCL Restarts Wellington Calls

    22 August 2017
    Business & Finance

    Hong Kong-based container carrier Orient Overseas Container Line (OOCL) revealed plans to resume its calls to Wellington, New Zealand, starting from September. The company has decided to return to Wellington after the port underwent structural repairs following the November 2016 Kaikoura earthquake. In the earthquake of a magnitude 7.8, CentrePort Wellington sustained substantial damage to the […]

  • FMC Concludes Review of P3 Agreement (USA)

    21 March 2014
    Business & Finance

    The Federal Maritime Commission of the United States has concluded an extensive review of the proposed P3 Network Vessel Sharing Agreement, FMC Agreement No. 012230. The pending agreement between A. P. Moller-Maersk A/S, CMA CGM S.A., and MSC Mediterranean Shipping Company, S.A. would authorize the parties to share vessels and engage in related cooperative operating […]

  • Spoilbank Marina Boat Launching Facility Doubles in Size

    7 August 2019
    Business & Finance

    The Government of Western Australia today announced that the Port Hedland Spoilbank Marina design will include a four lane boat ramp, doubling the original size of the boat launching facility, following strong community feedback. “Feedback from boat users and the Port Hedland community has seen the original two-lane ramp replaced with a four-lane option which […]

  • Top news of the week Jan. 28-Feb. 2

    3 February 2019

      Qatar eyeing orders for 60 new LNG tankers South Korean shipyard are bracing for a jump in liquefied natural gas (LNG) shipbuilding contracts from Qatar. WoodMac: FLNG industry growth facing headwind Floating liquefied natural gas industry is expected to continue its growth in the future, however, it will be at a slower steadier pace of […]

  • France: GDF Suez LNG Workers Still on Strike

    20 April 2012

    As informed by Reuters, the strike staged by workers at GDF Suez LNG terminals, situated in southern and western France, continues today as well. Namely, work on all the terminals is completely suspended, resulting in delays in unloading schedule and even forcing certain tankers to divert to other terminals. This was the case with the […]

  • EMAS On Hold for U.S. IPO

    14 January 2015
    Business & Finance, Operations & Maintenance

    Singapore-listed, Ezra Holdings, has put on hold a plan to list EMAS AMC, Ezra’s subsea services division in the United States, due to unfavourable market conditions, Reuters reports. “Given where the markets are, we have effectively put that on hold,” Eugene Cheng, group chief financial officer of Ezra, told Reuters. Cheng said comparable companies were […]

  • Port of Baltimore Welcomes Back Maersk Line

    2 July 2015
    Business & Finance

    Danish liner Maersk Line is returning to the Port of Baltimore after almost twenty years, Lt. Governor of Maryland, Boyd K. Rutherford, announced on Wednesday at the port. As agreed, Maersk Line will bring three ships to the port on a weekly basis from the Far East, Northern Europe and the Mediterranean Sea. “This is […]

  • Readers’ Picks of the Week (Nov 23th – Nov 27th)

    29 November 2015
    Business & Finance

    MV Suilven Sinks off Suva, Crew Members Saved At least 30 crew members were saved after a 1974-built vehicle ferry MV Suilven sank off the coast of Suva Fiji this afternoon according to local media… Read More CMA CGM’s APL Buy Would Set a Record in Container Shipping The proposed acquisition of Singapore’s APL by […]

  • France: Viking Cancels Order for Two Luxury Cruise Vessels

    6 April 2012

    Viking River Cruise has decided to withdraw from further discussions with STX France concerning the previously announced project for two luxury cruise vessels announced on 21 December 2011. On December 21st STX France SA received an order to build two luxury cruise ships from Viking Ocean Cruises, an affiliate of Viking River Cruises. The vessels should’ve […]

  • Wet’suwet’en First Nation signs benefits agreement with B.C.

    11 December 2014
    Project & Tenders

    The Wet’suwet’en First Nation signed a benefits agreement with British Columbia tapping into the LNG opportunities in the province.

  • Port of Montreal welcomes next-gen carbon-efficient ships

    30 May 2022
    Infrastructure, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    The Port of Montreal, the second largest port in Canada, has started welcoming new, fuel-efficient vessels, in line with the port’s goal of reducing its carbon footprint.

  • Study: Renewable methane shows “vast” potential as green marine fuel

    29 October 2021
    Environment, Market Outlooks, Transition

    The renewable methane has a “vast” potential to replace fossil fuel in ships and can achieve up to 80 per cent of greenhouse gas (GHG) reduction, a new report showed.

  • OSX Brasil Moves Forward in New Business Stage

    26 August 2013
    Business & Finance, Operations & Maintenance

    OSX Brasil S.A., a Brazilian publicly held corporation which provides equipment and services to the offshore oil and natural gas industry, with integrated operations in shipbuilding, leasing of exploration and production (E&P) units and operation and maintenance services (O&M), hereby informs its shareholders and the market in general that, given continuity to the new business […]

  • Container Lines Flocking to US East Coast

    14 April 2015
    Business & Finance

    Spot rates from Asia to the US East Coast are now typically 2.1 times higher than to the US West Coast, prompting three new weekly services from Asia to USEC, according to Drewry Supply Chain Advisors. First up, the CKYHE Alliance started a new Asia-USEC via Panama service with a maiden departure by the 4,211 TEU Ever […]

  • TOYO to Install Topsides on FPSO OSX 3 (Brazil)

    26 April 2012
    Business & Finance

    MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), has been awarded a contract to install topsides units for a Floating Production, Storage and Offloading (FPSO) system by MODEC’s Singaporean subsidiary, MODEC Offshore Production Systems (Singapore) Pte. Ltd. The FPSO will  be delivOSX Brasil S.A., a privately owned Brazilian oil development company. It will be […]

  • COSCO Shipping to Launch Total Cogent Takeover

    22 January 2018
    Business & Finance

    COSCO Shipping International (Singapore) gets acceptances for over 98 percent of Cogent Holdings’ shares.

  • Larger Fleet Boosts Singapore Shipping Corp’s FY Profit

    31 May 2016
    Business & Finance

    Singapore Shipping Corporation Limited (SSC) reported a full year profit for the financial year ended March 31 worth USD 9.58 million, up by 7.8 per cent when compared to the USD 8.89 million recorded in the previous fiscal year. The group’s total revenue reached USD 44.9 million, an increase of 29.4 per cent due to strong performance from […]

  • APL Axes CO2 Emissions

    23 May 2016
    Business & Finance

    Singapore-based container shipping company APL has reduced its fleet carbon dioxide emissions by 45.5 percent in 2015, compared to its emissions level in 2009, the company said, marking its highest carbon dioxide emissions reduction in the last six years.  APL attributed its carbon emissions cuts to improvements in operational efficiency, fleet and voyage optimization, technical improvements, […]

  • APL’s Records Highest CO2 Emission Cuts in 2016

    17 July 2017
    Business & Finance

    Singapore-based container shipping company APL reached its highest recorded fleet carbon dioxide emissions reduction of 48% in 2016, compared to its base level in 2009. Verified by Lloyd’s Register Group according to the Clean Cargo Working Group (CCWG) verification protocol and ISO14064-3:2006 standard, this reduction marks APL’s seventh consecutive year of improvements. “APL is pleased to […]

  • Chile: ENAP Names Ricardo Cruzat as CEO

    9 August 2011

    The commercial engineer, Ricardo Cruzat Ochagavía, with an extensive professional career in both the private and public sectors, assumed August 1, the position of chief executive officer of ENAP, in replacement of the civil industrial engineer, Rodrigo Azócar Hidalgo. The executive is a commercial engineer with mention in economics from the Universidad de Chile, and […]

  • IRISL All Set to Sail to Europe

    29 January 2016
    Business & Finance

    The Islamic Republic of Iran Shipping Lines’ (IRISL) vessels will soon sail for Europe as they have been removed from the Office of Foreign Assets Control’s (OFAC) sanctions list, the company said in a release. IRISL, which was on OFAC’s list since September 2008, is expected to make its first visits in February, after a ban of almost […]

  • Capital Product Orders Big

    25 July 2014

    Capital Product Partners L.P. has entered into a Master Vessel Acquisition Agreement with its sponsor Capital Maritime for three newbuild Daewoo 9,160 TEU eco-flex containerships at USD 81.5m for each vessel, and two newbuild Samsung eco medium range product tankers at USD 33.5m each.   The three containerships and two product tankers are expected to be delivered to […]

  • MOL secures green loan for Total-chartered LNG bunkering newbuild

    24 December 2019

    Mitsui O.S.K. Lines, (MOL) has signed its first green loan, to partially finance the construction of the world’s largest LNG bunkering vessel, which will be chartered by France’s Total and owned and operated by MOL.

  • Containerships christens two LNG-powered vessels

    10 October 2018
    Vessels

    Finnish shipping company Containerships, that is soon to become part of French CMA CGM group, christened its third and fourth LNG-powered vessels at the Wenchong Shipyard, China. 

  • Update: Maersk extends transit pause through Red Sea/Gulf of Aden

    3 January 2024
    Business Developments & Projects, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Safety, Vessels

    In the wake of the latest incident involving Maersk’s containership Maersk Hangzhou, the global liner major has decided to halt all transits through the Red Sea and Gulf of Aden until further notice. Just days after announcing its gradual return to the Red Sea, Maersk Hangzhou was targeted by a missile and small boat swarm by Yemen’s […]