3677 results found for 'cgx'

3677 results found for 'cgx'
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  • Top News – January 27 to February 2, 2014

    2 February 2014
    Business & Finance, Equipment, Technology

    Australia: Walker Shoal Dredging Completed, INPEX Says The most technically challenging phase of the Darwin Harbour dredging program is wrapped up, INPEX announced.   CHEC Nabs Ras Al-Khair Port Dredging Contract (Saudi Arabia) On January 15, CHEC won the bid for Phase 4 of extension of Ras Al-Khair Port in Saudi Arabia, with a construction […]

  • Malaysia: Nam Cheong Signs USD 130 Mln Contract with Bumi Armada

    28 February 2013
    Business & Finance

    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). […]

  • COSCO Shipping Holdings Books USD 1.4 Bn Loss

    30 March 2017
    Business & Finance

    Shanghai-listed COSCO Shipping Holdings Co, a unit of China Cosco Shipping Corporation Limited (Cosco Shipping), has reported a loss of CNY 9.9 billion (USD 1.4 billion) in its annual report for 2016. As a result the company proposed that no dividend is distributed this year. The loss was mainly attributed to the challenges posed by the complexity of […]

  • OGpar resumes production at Tubarao Martelo field

    4 July 2016
    Equipment

    OGpar, a Brazilian oil and gas company formerly known under the name of OGX, has informed that it has resumed production from its Tubarao Martelo oil field, offshore Brazil. The company, which filed for bankruptcy protection in 2013, said that on July 1, 2016, it received a letter issued by Agência Nacional de Petróleo, Gás Natural […]

  • Technip wraps up diving assets sale

    16 December 2014
    Business & Finance, Project & Tenders

    French oilfield services provider Technip has completed the previously announced sale of its Diving Assets in the US Gulf of Mexico to Ranger Offshore Inc. According to the company, this sale reinforces Technip’s strategy to focus on its core North America subsea business lines of high technology and ultra-deep water products and services, which, together […]

  • Technip Enters Frame Agreement with Statoil for Engineering Studies in Brazil

    12 May 2011
    Business & Finance

      After a competitive tender process, Technip has been awarded by Statoil Brasil Óleo & Gàs Ltda. a frame agreement for engineering studies. The scope of this 3-year contract covers feasibility, concept and front-end engineering design studies for Statoil’s existing offshore production fields and future developments in Brazil. All work will be performed by Technip’s […]

  • Singapore: Ezra Sells Ezion Stake. Prepares for Subsea Sector Growth

    1 March 2012
    Business & Finance

    Ezra Holdings Limited , an offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has sold 60 million shares in SGX-listed Ezion Holdings Limited  (Ezion) as part of its capital allocation strategy. This divestment will strengthen Ezra’s cash position and reduce its stake in Ezion to approximately 5.6%. Mr […]

  • Alphaliner: Was Box Shipping’s Digital Fanfare in Vain?

    18 October 2017
    Business & Finance

    Although various carriers are intensifying their efforts to digitise some of the transactional parts of their business, it is still unclear if technology will finally transform the container shipping industry, according to Alphaliner. About half of all bookings for container shipments continue to be made manually, while up to a third of shipping invoices are […]

  • Boxship Majors Form New Asia-ECSA Loops

    23 June 2015

    Six major container lines are teaming up on new Asia – East Coast South America weekly services starting on July 11, when the first container ship in one of the services is scheduled to leave South Korea’s port of Pusan. NYK Line, CMA-CGM, Hamburg Süd, Hapag-Lloyd, China Shipping Container Lines, and United Arab Shipping Company will deploy a total […]

  • Wärtsilä to Turn 3 Boxship Newbuildings Green

    18 June 2015
    Business & Finance

    Finnish engineering company Wärtsilä has received an order for three of its Hybrid Scrubber Systems to be installed on 2,500 TEU container vessels currently under construction at the Jinhai Heavy Industry Co., Ltd in China. Wärtsilä says the installation was ordered by ”a major European owner and operator,” possibly by the French container line CMA CGM, which placed an […]

  • Alphaliner: 13,000 TEU Boxships to Find New Homes amid US Demand Slump

    22 June 2016
    Business & Finance

    Weak US demand is forcing container shipping companies to search for new homes for their 13,000 TEU vessels, according to Alphaliner. Displaced by even larger tonnage on their current services, many such ships were originally earmarked for re-deployment to transpacific Asia – US routes. Meanwhile however, several carriers have decided to downscale their transpacific capacity provision in […]

  • ESC: Shipping Alliances Lead to Market Convergence

    17 February 2015
    Business & Finance

    The increased collaboration between the French container ship operator CMA CGM and Germany’s Hamburg Süd will bring the container liner market one step closer to total convergence, the European Shippers’ Council warns. This will reinforce the risk of reducing service quality and sailing frequency as well as free choice for manufacturers and retailers, as well as enhancing […]

  • Summit LNG Terminal in Bangladesh facing constraints on pipeline delays

    15 January 2019

    Summits LNG Terminal, a Summit Corporation unit, is set to start up in March as planned despite potential pipeline construction delays. 

  • Wood to pay $177M to settle US, UK, Brazilian bribery charges

    29 June 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Energy services company John Wood Group has resolved bribery and corruption investigations into the past use of third parties in the legacy Amec Foster Wheeler business.

  • GDF Suez of France Makes New Appointments

    21 February 2013

    LNG player GDF Suez of France has announced several new appointments. Henri Ducré (56) has been appointed Executive Vice President of GDF SUEZ in charge of Human Resources. He will also oversee the Information Systems Division and the Health, Safety and Management Systems Division. Given these different roles, Henri Ducré became a member of GDF […]

  • New Times Shipbuilding launches LNG dual-fuel bulker for EPS

    21 May 2024
    Vessels

    Chinese shipbuilder New Times Shipbuilding has launched the liquefied natural gas (LNG) dual-fuel bulker for Singapore-based shipowner Eastern Pacific Shipping (EPS).

  • Seabed Geosolutions Wraps Up Largest OBN Survey Off Brazil

    6 November 2019
    Business & Finance, Equipment, Operations & Maintenance

    Seabed Geosolutions, a joint venture between Fugro and CGG, has completed the world’s largest deepwater proprietary 3D ocean bottom node (OBN) survey in the Santos Basin, offshore Brazil. This is the fourth OBN survey completed by Seabed Geosolutions in Brazil. The survey, started in late 2018, covered the Buzios field, lying in around 2000 meters […]

  • Bandy Creek Dredging Completed

    10 November 2015
    Business & Finance

    Larger commercial fishing, charter industry and recreational vessels now have safe access to Bandy Creek Boat Harbor after the success of an innovative dredging method trialed at the Department of Transport (DoT) facility. DoT Coastal Infrastructure General Manager, Steve Jenkins, said that the recent routine maintenance dredging operation, costing $1.1 million and undertaken every two […]

  • DOF Subsea Secures W. Africa Gig from Saipem

    4 September 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    DOF Subsea UK Limited has been awarded and started work on a multi-million dollar contract with Saipem S.A. The scope sees the provision of DOF Subsea’s DSV Skandi Singapore and project crew, to complete two key construction projects offshore West Africa. As well as supplying the Skandi Singapore, DOF Subsea will provide Project Management and Technical […]

  • Bourbon’s 3rd Seismic Support Vessel Delivered

    4 December 2013

    Grandweld Shipyards has completed the delivery of ‘Bourbon Gannet’, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City. The 54m long, and with a bollard pull of 50 […]

  • Grandweld Hands Over Hybrid Seismic Support Vessels to Bourbon

    4 December 2013
    Business & Finance

    Grandweld Shipyards has completed the delivery of Bourbon Gannet, the third Hybrid Seismic Support Vessel in a series of six for Bourbon Offshore. The vessel was handed over in a delivery ceremony held on Saturday November 23, 2013 at Grandweld facilities at Dubai Maritime City. The 54metre length, 50 Tons bollard pull vessel will be […]

  • India: Delays at Port Nehru Container Terminal

    2 August 2012

    India’s largest container handling facility is experiencing major setbacks in container operation due to the recent collapse of a container crane at Jawaharlal Nehru Container Terminal at Nhava Sheva Port, Port Technology news site reported citing a senior official from Orient Overseas Container Line (OOCL) India. According to the same source, the terminal is running […]

  • LNG-fueled boxship study revealed

    28 October 2015
    Vessels

    GTT of France, shipping company CMA CGM and the classification society DNV GL released a technical and feasibility study for a new box ship named PERFECt.

  • WinGD hits X-DF milestone with GasLog order

    5 July 2018

    Winterthur Gas & Diesel (WinGD) said it has hit a milestone with the 100th order for its X-DF engine placed by the Monaco-based shipper GasLog.  

  • 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.