Inmarsat (LSE: ISAT), provider of global mobile satellite communications services, announced that it has agreed a contract with The Boeing Company for the delivery of three state-of-the-art 702HP Ka-band satellites. The Inmarsat-5 constellation will enable Inmarsat to provide a unique global high speed mobile broadband service offering. With operations expected to start in 2014, Inmarsat-5 will support a next generation global service, Global Xpress, which will target a $1.4b incremental market opportunity in VSAT services. Global Xpress will address the established, growing markets for VSAT services in the Maritime, Energy and Government sectors, with further growth potential in developing markets such as the Aeronautical sector. Global Xpress will deliver global coverage and unprecedented mobile broadband with speeds up to 50MB/s, to customer terminals from 20-60cm in size. Inmarsat will target $500m of annual Ka-band revenues 5 years after global service launch. Inmarsat estimates that the total cost of Inmarsat-5 and Global Xpress will be $1.2bn over 4.5 years, incorporating the fixed cost of the satellites, as well as the cost of additional ground network infrastructure, product development, launch services and insurance.
London-based law firm Lawrence Graham has launched LG Corporate Investigations - a multi-disciplinary team of experts who advise clients on the potential for corporate risk, and implement solutions to contain and minimize it, while also offering a full investigation service for those faced with possible fraud or regulatory breach. The team is also ideally positioned to advise businesses or directors who may require independent advice - both independent of the company and its existing
U.S. Customs Commissioner Robert C. Bonner announced the publication of final Customs regulations requiring sea carriers to provide cargo manifests 24 hours prior to the lading of cargo at foreign ports for shipment to the United States. This information is required in advance to enable U.S. Customs to evaluate the terrorist risk of cargo containers. "Terrorist organizations pose an immediate and substantial threat to the global trading system
The addition of substantial new vessel capacity is widening the gap between supply and demand in the transpacific container trade, according to World Liner Supply, a quarterly reporting service of the ComPairData global liner shipping database. The results of the July 2001 World Liner Supply survey show that transpacific shipping lines have expanded capacity by 9 percent between July 2000 and July 2001, despite the slowdown in trade volumes
Inmarsat, a provider of global mobile satellite communications services, said it has triggered an option to purchase a fourth Inmarsat-5 satellite under its existing contract with Boeing Satellite Systems International, Inc. The program schedule from Boeing has a satellite delivery date of mid-2016. The fourth Inmarsat-5 satellite will have a dual strategic role. Initially the satellite will serve to provide an early available spare in the unlikely event of a launch failure of any of the
E-navigation specialist Navtor has secured arguably one of its most high-profile customers to date, with the news that the entire Hurtigruten fleet has signed up to use its innovative ENC Service. The agreement has been reached ahead of the July 2014 deadline for existing passenger vessels to conform with IMO’s ECDIS Carriage Requirement (ECDIS Mandate). Hurtigruten, translating as ‘the express route,’ is one of Norway’s most iconic shipping brand
Sea Launch Commander alongside the South jetty at Esquimalt Drydock. The Commander completed routine maintenance while supporting work crews at Victoria Shipyards. Photo courtesy: Sea Launch The Sea Launch Commander & the Odyssey arrived at Victoria Shipyards Co. Ltd. (VSL) on June 14 for a ship repair project. Following a failed launch attempt in January 2007, some structures on the Odyssey platform were damaged and in need of repairs. Due to the unique facilities at the Esquimalt
Gulfstream Services International (Gulfstream), provider of cutting edge equipment to the international oil and gas industry, is launching a world-first fully-automated wireless cement head to the UK market at Offshore Europe today. Gulfstream Services International UK (Gulfstream UK) was set up in January 2010 in Aberdeen to serve the international oil and gas industry and growing demand from customers in UK, Norway, Middle East, Asia and Africa.
DP World among first global terminal operators to offer real-time access to container & vessel information In line with its commitment to constantly improve operational efficiencies for customers, global marine terminal operator DP World has introduced 3G internet service for container liner operators calling at its flagship Jebel Ali Port. Jebel Ali is among the first global ports to offer this vital communication service using the 3rd generation mobile telecommunications (3G) service
All Globalstar's launched second-generation satellites now providing commercial service. One satellite was affected by the momentum wheel issue. It was originally launched in October 2010 and removed from service in early 2011, but now all 18 of Globalstar's launched second-generation satellites are now providing commercial service. Jay Monroe, Chairman and CEO of Globalstar, Inc., added, "After more than a year of development
HS Ocean Group (HSOG ) celebrates National Apprenticeship Week by committing to long-term Apprenticeship program. The marine services specialist HSOG has launched a formal Apprenticeship training program following the successful progression of its first ever apprentices.
Reuters - The main shareholder in D'Amico International Shipping has launched a placement of up to 42.2 million shares, or about 10 percent in the Italian shipper, the company said on Thursday. In a statement, it said the shares will be sold via an accelerated bookbuilding to boost liquidity in
ASRY, a ship and rig repair yard in the Arabian Gulf, recently saw six vessels under repair simultaneously on its dual slipways in a sign that the yard’s small and medium sized vessel repair business continues to flourish since the opening of the its state-of-the-art slipways.
AL BAHAR C/D HUTA 12 named, launched at IHC Merwede IHC Merwede named and launched the 23,545 kW self-propelled cutter suction dredger ‘AL BAHAR’ C/D HUTA 12 in a ceremony on March 8, 2014 at the company’s shipyard in Kinderdijk, The Netherlands.
Seattle-based Naval Architecture and Marine Engineering company Guido Perla & Associates, Inc. (GPA) reports that the launching ceremony of the AGOR 27 R/V Neil Armstrong was held at Dakota Creek Industries (DCI) in Anacortes, Wash., on February 22, 2014.
MacGregor, part of Cargotec, says it has acquired Norwegian privately-owned Deep Water Solutions AS, a company specialising in lifting applications utilising electric multi-drive technology. "Customer requirements for environmentally friendly solutions are increasing in offshore load
Enhanced service network between Japan and South East Asia / Port rotation includes four Japanese ports / First sailing mid of March. Hapag-Lloyd is launching the new Japan-Singapore-Jakarta service (JSJ) which will commence on March 12 from Singapore
Today in U.S. Naval History - February 28 1844 - Explosion of Peacemaker, experimental 14 inch gun, on board USS Princeton. 1893 - Launching of USS Indiana (BB-1), first true battleship in U.S. Navy. 1959 - USS Strong rescues 13 Arab fishermen from Bahrain when their fishing boats
Reuters - A unit in Colombia of Toronto-based oil firm Pacific Rubiales launched a tender to sell two 1-million-barrel cargoes of heavy Castilla crude for delivery in April, according to an invitation seen by Reuters on Monday. Pacific sold to Norway's Statoil one 500
Lloyd’s Register and the UK P&I Club have updated the ILO MLC smartphone app and launched a new ISM & ISPS pocket checklist app. Both apps are free and are available for iPhone, iPad and Android devices. In a fully paperless operation
ITC Global, a leading provider of satellite communications to remote and harsh environments announce that it has launched a new corporate brand as the final step in bringing a series of recent acquisitions together as a single global company.
In what it calls a natural step in the process of expanded subsea services in the oil and gas industry, MMT has signed a two-year charter contract for M/V Stril Explorer, operated by Simon Mökster Shipping AS. MMT said it has conducted various survey assignments from this vessel during
The U.S. Coast Guard reported that it assisted one person aboard a grounded vessel north of Cat Island, Monday. The operator of the vessel contacted Coast Guard Station Gulfport watchstanders reporting their sailing vessel was aground and in need of assistance
The Liberian Registry has launched a mobile app to enable owners, managers, operators and others to communicate and interact with the registry on a round-the-clock basis. The FlagState App builds on Liberia’s commitment to provide innovative technology and services to its clients, who own
The Winter Games, code-named RigRun is a six week offshore event, which aims to improve health in the offshore industry and gather funds for charity at the same time. Seven Maersk Drilling jack-ups are currently competing against each other and 19 other rigs to claim first place.