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
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
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
MTN Communications (MTN) has announced another maritime industry first with the launch of its high-definition live television service at sea, MTN Worldwide TV HD (MTN-TV HD). “MTN-TV HD delivers an amazing viewing experience onboard,” said Graham Douglas, media and communications manager, P&O Cruises and Cunard. “We can now experience TV at sea like we can at home. As we transformed the technology and ambience in our common areas, theaters and cabins
A new intermodal service for the Tri-State area offers a transportation alternative linking New York City, New Jersey and Connecticut with Long Island. The new service, launched in partnership between Seastreak, the Bridgeport–Port Jefferson Ferry and Hampton Jitney, uses a combination of ferries and busses to transport passengers from New York City, New Jersey and Connecticut to Long Island. Beginning May 22, 2015
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
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
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
Wärtsilä, a global leader in complete lifecycle solutions for the marine and energy markets, launches a new service portfolio, Wärtsilä Genius services to help Wärtsilä's customers seize the opportunities from digitalisation.
Eastern Shipbuilding Group, Inc. announced the launch of the Escort Tug H. DOUGLAS M (Hull 236) for Bay-Houston Towing Company on November 17, 2015. This series of Robert Allan, LTD. (RAL) designed Z-Tech 2400 Class Terminal & Escort Tugs is currently under construction at Eastern’s
Despite challenging market environment with freight rates reaching historic lows in several key trades, ZIM Integrated Shipping Services continues to outperform the average adjusted EBIT margins in the Industry. ZIM Integrated Shipping
North Korea apparently failed to launch a ballistic missile from a submarine in a sign that Pyongyang has yet to master the technology, Yonhap news agency quoted a government official as saying. According to a source from the South Korean government
Clean Energy Fuels Corp. participated in a little history last month when it supported General Dynamics (GD) NASSCO’s launch of the Isla Bella container ship, the first of its kind to operate on LNG fuel. Clean Energy provided bunkering services and fuel from its Boron
Shipbuilder VT Halter Marine, Inc. and Bouchard Transportation Co. Inc. announced the launch of M/V Morton S. Bouchard Jr., a 6,000hp Twin Screw Articulated Tug Barge (ATB) tug, on October 29, 2015. The M/V Morton S. Bouchard Jr. is part of a two-vessel contract awarded to the shipyard
Australia’s largest stevedore DP World Australia today confirmed that it had entered into an exclusive agreement with the Tasmanian Ports Corporation, Tasports, under which the two parties will work together to provide an international container terminal at the Port of Burnie in
Coast Guard search-and-rescue crews are searching for a man in the water 80 nautical miles northeast of Mayaguana, Bahamas, Friday. At approximately 1 a.m., the Royal Caribbean Oasis of the Seas cruise ship reported a missing 35-year-old male after he fell into the water during a cruise
The Liberian Registry has launched a new service enabling shipowners and managers to apply online for certification under the major international liability conventions. Earlier this year, Liberia launched an online certification facility on its secure eMaritime website to expedite
The heavy marine transportation provider BigRoll Shipping announced its first of four MC Class vessels under construction, BigRoll Barentsz, was launched on October 27, 2015 at Cosco Dalian Shipyard. The vessel construction and commissioning remains on schedule for delivery in March 2016.
GAC Training and Service Solutions (GTSS), the specialist provider of world-class training for maritime personnel, has announced an agreement with ATPI Griffinstone, part of the ATPI Group, one of the leaders in travel solutions for the shipping and energy industries
JRC and Alphatron Marine have launched a new digital AlphaChartTable comprising of a dramatically increased 46-inch touch display where routes can be planned on a “paper chart” scale. By use of the digital chart table, navigators are now given an intuitive and user friendly
Offshore energy support vessel operator Seacat Services has placed an order for up to four new vessels with local boat builder South Boats IoW. The DNV-GL class-certified next generation 23- and 27-meter catamarans have been specifically designed to cater for the changing needs of European
Eastern Shipbuilding Group launched M/V Harvey Sub-Sea (Hull 249) for Harvey Gulf International Marine, Inc. M/V Harvey Sub-Sea is a first of two (2) 340 ft. Class Multi-Purpose Service Vessels (MPSV), designed by VARD Marine. M/V Harvey Sub-Sea will feature a 250MT AHC Knuckle Boom Offshore Crane
Maritime and logistics service provider Inchcape Shipping Services (ISS) has expanded its launch fleet with two more fast crewboats, bringing its total fleet size to 18 vessels. The two newbuild 42-meter vessels have been added in response to a growing demand in the oil and gas sector for