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.
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
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
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
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
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
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
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.
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
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
China and Japan have agreed to launch a maritime and aerial crisis management mechanism as soon as possible. The Chinese Defense Ministry announced that some progress was made in the 4th round of expert group discussion on maritime liaison mechanism held by both countries.
An independent consultancy and software development company will launch a new web and PC based navigational charting app at Ocean Business 2015. Norcom Technology Limited said its eChart software combines up to date information from different sources including wreck, cable
Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff. The Spirit of Canterbury would provide greater capacity for customers including reefer cargo and replace the
On Tuesday, January 27, LEEVAC Shipyards Jennings, LLC launched hull 367, a platform supply vessel (PSV) designed by LEEVAC Design Services, LLC (300 DE-52 HAB PSV). Hull 367, the first of a two-vessel newbuild program for Tidewater Marine, is LEEVAC’s first launch in 2015
Towage and salvage operator Multraship has taken delivery of the first of two customized Damen Stan Launch 804s vessels for its line handling and boatmen service companies in Terneuzen, the Netherlands. Verenigde Bootlieden B.V. and Montis Mooring & Boatservice B.V
AAL has announced the launch of a new operation in Japan AAL said the move aims to provide services and on-ground operational support directly to customers in the country, building on AAL’s presence in Asia and driving its continued international development as a global carrier.
The Nigerian Shippers Council (NSC) has urged ports service providers to stop the collection of any illegal charges not statutorily approved, says a Council press statement. The council will continue to protect the interest of the Nigerian shippers by making the operating environment
ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and sensitive cargo stowed in reefer containers. The service allows customers to closely monitor their cargo's status
The Korean Register (KR) has launched an in-house developed software program to assist vessels with fuel oil change over when complying with the new low sulphur regulations. From January 1, MARPOL Annex VI Reg 14 requires vessels sailing within an emission control area (ECA) to burn
Inmarsat, the leading provider of global mobile satellite communications services, will complete another significant milestone in the delivery of its transformational global mobile satellite communications (GX) service with the scheduled launch of Inmarsat-5 F2 (I-5 F2) from the Baikonur
The Navy's third Mobile User Objective System (MUOS) satellite was launched today at 8:04 p.m. EST from Space Launch Complex 41. This communications satellite will significantly improve capability for Navy and Department of Defense tactical operators.
The CMA CGM Group announced the opening of the CMA CGM Academy, its new in-house university, located in its Marseilles (France) headquarters. The first in-house university was launched years ago to make the group’s collaborators’ training a priority
Eyeing strong growth in China-Myanmar trade, State-owned China Shipping Container Lines (CSCL) and MCC Transport, a subsidiary of AP Moeller-Maersk Group, plan to launch services direct services from Shanghai to Yangon on January 25. CSCL and MCC Transport will deploy smaller vessels without
Huntington Ingalls Industries' (HII) Ingalls Shipbuilding division has officially started fabrication on the U.S. Coast Guard's seventh National Security Cutter (NSC), Kimball (WMSL 756). "We continue to increase our learning on this shipbuilding program
Shippers will soon have new direct weekly options to Europe from the Port of New Orleans. CMA CGM, the world’s third-largest container carrier, will add the Port of New Orleans to its Victory Bridge Service. The service is scheduled to launch February 2 with the arrival of the CMA