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Aquila News

21 Apr 2024

Esgian Week 16 Report: Rigs on the Move

© Alexandre / Adobe Stock

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar.TotalEnergies has exercised a three-well option for Transocean 12,000-ft drillship Deepwater Skyros offshore Angola at a rate of $400,000, keeping the rig working into December 2025.After initially beginning a short-term job in the US GOM in January 2024…

17 Mar 2024

Esgian Week 11 Report: New Discoveries in UK and Namibia

Source: COSL

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

23 Oct 2023

Arbitration Tribunal Delivers Verdict: Hanwha Triumphs in Deepwater Drillship Dispute

Credit: Northern Drilling

An arbitration tribunal has delivered a verdict in a drillship order cancellation case involving offshore drilling contractor Northern Drilling and Daweoo Shipbuilding Marine and Engineering (now known as Hanwha Ocean), ruling in favor of Hanwha.Billionaire John Fredriksen-owned offshore drilling company Northern Drilling canceled the West Aquila and West Libra drillship orders with South Korea's Daewoo Shipbuilding & Marine Engineering in 2021, citing delay of deliveries as well as a repudiatory breach of contract, and said it would seek a refund for installments paid.

18 Nov 2022

Diana Shipping Announces Two Time Charter Deals

Shipowner Diana Shipping on Friday announced it has entered into a pair of time charter contracts for two of its owned bulk carrier vesselsWestern Bulk Carriers AS will charter the DSI Aquila $13,300 per day, minus a 5% commission paid to third parties, for a period until minimum September 15, 2023 up to maximum November 15, 2023. The charter is expected to commence on November 22, 2022. The 60,309 dwt Ultramax dry bulk vessel was built in 2015.In addition, EGPN Bulk Carrier Co., Limited, will charter the Houston for $13,000 per day, minus a 5% commission paid to third parties, for a period until minimum July 1, 2024 up to maximum August 31, 2024. The charter is expected to commence on November 21, 2022.

21 Jun 2022

Tankers Divert to Trinidad, Maryland After Freeport LNG Blast

At least six tankers set to load liquefied natural gas (LNG) at Freeport LNG this month have been diverted following the June 8 blast that shut the Texas facility, Refinitiv Eikon vessel tracking data showed.A partial restart of the Quintana, Texas, plant is not expected until at least September, the company said last week, leaving about 40 cargoes to be canceled or re-scheduled. The loss has European LNG buyers and some U.S. shale producers reeling, while rivals Cheniere Energy and Sempra LNG rush to produce more LNG to offset the losses.Freeport accounts for roughly 20% of U.S. LNG processing capacity, drawing 2.1 billion cubic feet per day (bcfd) of natural gas, primarily from U.S. shale fields.

04 Mar 2022

LNG Carrier Elisa Aquila for Edison Delivered

Image courtesy NYK

On March 3, the liquefied natural gas (LNG) carrier Elisa Aquila commercially managed by France LNG Shipping and under a long-term charter contract with Edison SPA, a Milan-based energy company, was delivered.Elisa Aquila will be the second vessel to be chartered to the EDF group, a French electric power company, on a long-term basis (up to 20 years including extension options) and will be engaged in LNG transportation under the ship management of Gazocean, a French ship management company specialized in LNG…

18 Aug 2021

Northern Drilling Cancels Drillship Order with DSME. Seeks $90M+ Refund

Billionaire John Fredriksen-owned offshore drilling company Northern Drilling said Tuesday it had canceled a drillship resale contract with the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).In May 2018, Northern Drilling signed agreements with DSME to buy two newbuilding 7th generation DP3 and ultra-deepwater capable drillships DSME known as the West Aquila and the West Libra, for $296 million each with $90 million paid at contract signing and the remainder at delivery. However, Northern Ocean said  Tuesday it had canceled the contract for the West Aquila drillship due to delay of delivery as well as a repudiatory breach of contract.Northern Drilling…

23 Jan 2020

Bulk Carrier Crew Member Missing Near Alabama

U.S. Coast Guard air and boat crews are searching for one person who went missing aboard the bulk carrier Star Aquila, Thursday, approximately 12 nautical miles south of Dauphin Island, Ala.Watchstanders at Coast Guard Sector Mobile received a report at 4:07 a.m. that a crew member was missing. The 41 year old male was last seen on board the Marshall Islands-flagged vesseo on Wednesday at 5:30 p.m.Crew members conducted a search of the vessel with negative results.Star Aquila has been at anchor for eight days and will transit into Mobile, Ala. on Thursday.

24 Feb 2019

Royal Marines Light Up Arctic Circle

UK's Royal Marines lit up Arctic fjords and valleys as they laid down mortar rounds in the dark during winter training in Norway, said a press release from the Ministry of Defence.Illumination shells bathed the striking mountainscape around the small town of Bardufoss – roughly half way between Tromsø and Narvik – in an eerie light as the men of 40 Commando’s Mortar Troop conducted fire missions.The live firing is the latest chapter of the Royal Marines winter deployment inside the Arctic Circle, Exercise Aquila 19, which sees all aspects of the commando’s abilities – in the air, on the water and on the ground – tested so they remain…

07 Feb 2019

Satcom Services by Telespazio, Grimaldi

European spaceflight services company Telespazio and the shipping company Grimaldi Group have recently signed two contracts to strengthen the satellite communications capabilities of the Neapolitan shipping group on its fleet of cargo and passenger ships.Telespazio, a joint venture between Leonardo and Thales, said in a press release that the first agreement provides for managing on-board communications for RO/RO, RO/RO multi-purpose and PCTC (Pure Car & Truck Carrier) vessels in the Grimaldi Fleet that operate between Northern Europe, North and South America, West Africa, and the Mediterranean.Specifically, Telespazio will take care of the design and supply of on-board systems for satellite communications and related broadband services, including backup, on a multi-regional scale.

16 Nov 2018

ONE Delivers 14,000-TEU Containership

Photo courtesy of ONE

Ocean Network Express Pte. Ltd. (“ONE”) is has announced that ONE Columbia, with a carrying capacity of 14,000 TEU, has been successfully delivered at Kure Shipyard of Japan Marine United Corporation. The sublet owner is Nippon Yusen Kaisha. This is ONE’s 4th newly built 14,000TEU magenta containership delivered this year, after ONE Stork (delivery date on 12th June 2018), ONE Minato (26th July 2018), and ONE Aquila (7th September 2018). Currently, 3 more vessels in ONE’s order book are in the construction process and expected delivery is in 2019.ONE Columbia…

10 Sep 2018

14,000-TEU ONE Aquila Delivered

The newly built containership ONE Aquila was delivered in Hiroshima, Japan (Photo: ONE)

Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima.

30 Jun 2017

Landay Joins Gibbs & Cox Board of Directors

Naval architecture and marine engineering firm Gibbs & Cox, Inc. said that William E. "Bill" Landay III, President of W.E. LANDAY Consulting LLC, has been elected to its Board of Directors effective June 20, 2017. "[VADM Landay’s] expertise in the areas of foreign military sales, DoD acquisition, and science and technology programs will be a tremendous addition to the future growth of Gibbs & Cox," said President and Chief Executive Chris Deegan. Vice Admiral Landay retired in 2013 after more than 35 years of Naval service. His final assignment was as Director of the Defense Security Cooperation Agency (DSCA) where he was in charge of the $400 billion DoD program responsible for the sale of equipment, defense technologies, training and other services to foreign governments.

10 Jan 2017

Grand Bahama Shipyard Stayed Busy in 2016

V Ships USA LLC Boston - CSL Acadian (Photo: Grand Bahama Shipyard)

The Caribbean shipyard Grand Bahama Shipyard Limited (GBSL) worked on 49 commercial vessels and 20 cruise ships throughout 2016, with scope of works ranging from major steel fabrication and repairs, to engine and technical systems overhauls, hull treatment and tank cleanings. And looking to 2017 and beyond, the yard reports it has a healthy order book, with docking periods secured as far ahead as three years. VShips USA brought two bulk carriers, CSL Acadian and CSL Argosy, to GBSL to do tank cleaning on both vessels. CSL Acadian also received extensive pipe work.

17 Mar 2016

Glencore, Australian Partners Looking at Steep Port Costs

Two partners in port project have entered administration means that port charges are now higher for other backers. Glencore and five other miners backing the world's most expensive coal port in Australia face extra annual charges of A$150 million after the restructuring of one of their partners this month, the latest to buckle under slumping commodity prices. The additional charge will deal a blow to the remaining backers of the A$2.6 billion ($2 billion) Wiggins Island Coal Export Terminal (WICET) in east Australia at a time when they are grappling with floundering coal markets. Mining and trading giant Glencore and seven partners began negotiations to build WICET in 2008 near the height of a coal boom…

08 Mar 2016

Landay Named SAFE Boats’ Board Director

Bill Landay (Photo: SAFE Boats International)

SAFE Boats International announced that Retired Vice Admiral William E. “Bill” Landay III has been appointed as a Director of the Board at SAFE Boats International. Vice Admiral Landay retired in 2013 after more than 35 years of naval service. His final assignment was as Director of the Defense Security Cooperation Agency (DSCA) from August 2010 until September 2013. DSCA oversees the U.S. Government's Foreign Military Sales (FMS) program and is responsible for the sale of arms, defense technologies, training and other services to foreign governments.

15 Jan 2016

Seadrill Pushes Back Drillship Delivery

Seadrill Limited has reached an agreement with DSME shipyard to defer the delivery of two ultra-deepwater drillships, the West Aquila and West Libra, until the second quarter of 2018 and first quarter of 2019 respectively.   Under the terms of the original construction contracts, the units were to be delivered by the end of the second quarter of 2016, and the total final yard installment for both units of over $800 million was due at that time.   The agreement announced today improves Seadrill’s near term liquidity position by deferring these capex commitments to 2018 and 2019, with no further payments to the yard until that time.

16 Jan 2014

CMA CGM Alters Sailings for Chinese New Year

Photo: CMA CGM

The CMA CGM Group said it has decided to anticipate the reduced production during the Lunar New Year period in China starting on February 4, 2014, and to adjust its offer to meet reduced demand on its services out of China. CMA CGM PEGASUS will sail to North China and Korea with calls in Xingang, Dalian, Pusan and Qingdao with transshipment of exports on FAL1 on board CMA CGM Laperouse in Xiamen. Cargo will be charged on MEX1 with additional calls in Genoa. Cargo will be charged on MEX1 with additional calls in Genoa. •    Cancel 1 sailing on REX3 on board Sils in Port Kelang on February 27.

19 Nov 2010

Kvichak’s Dutch Pilot Boat Christening

Photo courtesy Kvichak Marine

On September 29 the owners of Kvichak Marine Industries represented their company at the christening of P/Vs Aquila, Draco and Orion. These three 72-ft pilot boats were designed by Camarc Design, Ltd., UK and built at the Kvichak yard in Seattle for the Dutch Pilotage Organization, Loodswezen. The christening gala was held at Hoek van Holland, the Netherlands . The vessels are powered by two, Tier II compliant Caterpillar ACERT C32 engines, coupled to ZF 3050 marine gears driving Hamilton 651 water jets.

02 Dec 2011

InterMoor Completes Saipem UK Contract

InterMoor Services/Image: InterMoor

InterMoor Marine Services Ltd., an Acteon company, has completed a Saipem UK Ltd. (Sonsub Division) contract to perform positioning and heading control for the hook-up operations of a new floating production, storage and offloading(FPSO) unit in a depth of 815 meters in the Aquila Field, Adriatic Sea, Italy. Initiated in August 2010, the agreement included carrying out FPSO positioning and heading control analyses; analyzing optimized anchor handling scenarios for the FPSO mooring hook-up; and producing marine and survey procedures.

19 Jan 2012

Bulk Carrier Design Delivers 14% Fuel Oil Reduction

Delivery of M.V. Aquila: Left to right: Mr. Zhuang Tian, LR Surveyor in Charge Nantong; Master - M/V Aquila; Mr. Tae-Bok Kwak, LR Project Manager; Mr. Xiaofeng Yang, LR Site Office Team Leader.

Lloyd’s Register supervised the design appraisal, build and sea trials, verifying the performance of a new, modified 57,000 dwt ship based on a SDARI design. The M.V. Aquila, first in a new series of supramax bulk carrier designs, optimised to burn less fuel oil has been delivered in China on the eve of the Lunar New Year holidays. The efficiency improvements have been achieved by carrying out a number of straightforward – but effective – changes including: de-rating the main engine, a new propeller design which has been optimised for the de-rated engine, and fitting a mewis duct.

07 Jun 2012

Saint John NB Sees Season's First Cruise Ship

'Carnival Glory': Photo credit Wiki CCL

The Carnival Glory is the first of 73 cruise ships that are expected to make a stop in Saint John this summer, informs CBC News. More than 187,000 passengers are expected to visit Saint John between now and the end of October. Clive Douthwright, a greeter in the city, said he looks forward to the stampede of passengers coming off the ships.

03 Oct 2012

Neda Maritime Achieves ISO 50001 Certification

Neda Maritime achieves ISO 50001 certification to join an elite group of tanker owners who are managing their energy use more effectively. After months of close work with Lloyd’s Register, Greek shipowner gains international standard. The Piraeus-based Neda Maritime Agency Co. Ltd has joined an elite group of ship operators who have certified their systems and processes against the ISO 50001 standard, demonstrating the employment of best practice for efficient energy use and conservation throughout their fleet.