3679 results found for 'cgx'

3679 results found for 'cgx'
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  • 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’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 […]

  • 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, […]

  • 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 […]

  • 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.

  • AD Ports, Advario plan green energy and liquid bulk storage joint venture

    26 May 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy

    AD Ports Group has signed a head of terms agreement with Advario to explore the establishment of a joint venture focused on developing and operating green energy and liquid bulk storage projects in the UAE and globally.

  • China building 62% of new ships ordered globally in spite of looming US tariffs

    12 March 2025
    Authorities & Government, Infrastructure, Market Outlooks, Outlook & Strategy, Regulation & Policy, Vessels

    China has cemented its position as the world’s top shipbuilding nation as it secured orders for 3,454 out of a total of 5,735 vessels in the current global orderbook.

  • 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 […]

  • Peterbilt Provides Fuel Efficiency with Uncompromised Performance Through Expanded High-Performance NG Engine Offerings (USA)

    31 March 2011

      Peterbilt Motors Company announced the expansion of liquefied natural gas (LNG) platforms meeting customer requirements for lowering operating costs while maintaining excellent performance. As the leading manufacturer of alternative fuel system vehicles, Peterbilt offers the Models 367 LNG and 386 LNG with the Westport HD engine, providing equal horsepower, torque, and efficiency to a […]

  • Ocean Alliance Gets Extended until 2027

    17 January 2019

    Members of the OCEAN Alliance extend the duration of OCEAN Alliance until March 31, 2027.

  • CentrePort Wellington to Resume Regular Container Service

    30 January 2017
    Business & Finance

    New Zealand’s CentrePort revealed that regular container shipping is returning to Wellington, with weekly visits by a geared ship linking the port with Australia. Starting from February 12, 2017, a vessel operated by shipping company ANL, part of CMA CGM, will visit the port to drop off and pick up containers with its own cranes, […]

  • Report: EU Ready to Settle with Liner Giants on Price Hikes

    29 June 2016
    Business & Finance

    The European Commission is considering to accept the offer submitted by fifteen container shipping companies to change their pricing policies in an effort to avoid fines over a suspected breach of antitrust rules, Reuters reported citing sources familiar with the matter. The investigation, which was launched in November 2013, looked into claims that major global container shipping companies have been making regular […]

  • Samsung Heavy Delivers World’s Largest Containership to MSC

    8 July 2019
    Business & Finance

    MSC took delivery of the first 23,000 TEU vessel three weeks ahead of schedule.

  • Total taps Shearwater for survey over Mauritania blocks

    28 August 2020
    Business & Finance, Business Developments & Projects, Exploration & Production, Vessels

    Shearwater GeoServices has received an award for a large towed streamer 3D acquisition and fast track processing project by Total in Mauritania.

  • USA: Kenworth Expands Dual LNG Tank Line

    24 August 2012

    Kenworth is expanding its line of green products by offering factory-installed, dual liquefied natural gas fuel tanks on Kenworth T800s powered by the 15-liter Westport GX engine. “By equipping a Kenworth T800 with dual LNG fuel tanks, operators now have the option of running the truck up to 700 miles on a single fueling,” said […]

  • WHL Completes La Bella Seismic Survey (Australia)

    17 December 2013

    Australian energy company WHL Energy Limited  has informed that the La Bella 3D seismic survey in the Bass Strait, Australia, has been completed and that the specialist seismic acquisition vessel CGG Viking II is demobilising from the survey area.   The survey has been completed with no reportable incidents and within budget, despite the challenges […]

  • Malaysia: Nam Cheong Seals $130 Mln Deal for Four MPSVs

    28 February 2013

    Nam Cheong Limited, SGX Main Board-listed leading global offshore marine player and Malaysia’s largest Offshore Support Vessel (OSV) builder, today reported that it has entered into US$130 million worth of contracts with Armada Offshore MPSV Limited, a wholly-owned subsidiary of Bumi Armada Berhad (Bumi Armada) for the sale of four Multi-Purpose Platform Support Vessels (MPSVs). […]

  • China Ocean Industry, Partners to Create Shipbuilding JV

    11 July 2018
    Business & Finance

    China Ocean Industry agrees with a company listed on SGX and Wuxi Tianshi Education Goods to establish a shipbuilding JV.

  • 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 […]

  • COSCO Sets Sights on 19,000 TEU Megaships

    7 April 2015
    Business & Finance

    China Cosco Holdings Co. is gearing up to order at least ten 19,000 TEU containerships, an investment worth around USD 1.4 billion, the Wall Street Journal writes citing sources with direct knowledge of the matter. As informed, the order is expected to be placed by the end of May at a Chinese shipyard, which is […]

  • BIO-SEA Ballast Water Treatment System Gets Type-Approval (France)

    28 February 2013
    Business & Finance

    BIO-UV went well beyond the International Maritime Organization (IMO) requirements for Ballast Water Treatment (BWTS). Indeed both requirements were met: the land tests where various and numerous filtration cycles were required, as well as the on-board testing for 2 different vessels (one on board the CMA-CGM with 1000 m3/h, the other on board the Marfret […]

  • Activists chain themselves to Shell’s vessel Arctic Challenger

    25 May 2015
    Exploration & Production

    Two activists have secured themselves to the anchor chain of Shell’s support vessel Arctic Challenger docked in Bellingham Bay in Washington.  The activists chained themselves to the vessel in order to protest against Shell’s plan for Arctic drilling. The vessel is a part of Shell’s fleet bound to drill in Chukchi Sea this summer. The U. S. Coast […]

  • Dommo Energia restarts Tubarão Martelo field well

    11 January 2018
    Infrastructure, Project & Tenders

    Dommo Energia S.A. has informed that production from the 7-TBMT-8H well on the Tubarão Martelo field has been resumed.

  • B.C., Moricetown Band sign LNG benefits agreement

    26 January 2015
    Project & Tenders

    The Moricetown Band said it has reached agreements for two proposed natural gas pipeline projects to become partners in B.C.’s liquefied natural gas industry and opening the door to economic growth within its community and membership.

  • Ezra’s Executive Director resigns from Board

    28 February 2014
    Business & Finance

    Singapore’s Ezra Holdings Limited announced that its Executive Director, Tay Chin Kwang, will be stepping down on 1 March 2014. “It’s the Group’s efforts to comply with the Code of Corporate Governance of having Independent Directors make up at least half of the Board. He will continue to serve as an Advisor to the Board,” […]