Thursday, Compagnie GéNéRale De GéOphysique-Veritas (CGV) provided its vessel utilization and its fleet allocation updates for the third quarter of 2009.
The company said its vessel availability rate was 90%, including a 7% impact related to standby between contracts. This compares to an 89% availability rate in the second quarter 2009 and a 98% rate in the third quarter 2008, CGGVeritas added.
Secondly, the company stated that the vessel production rate was 93% and this compares to an 88% production rate in the second quarter 2009 and a 90% rate in the third quarter 2008.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.