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
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
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
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
The company that launched the world's first MES is now actively developing an Alternative Escape System (AES) for large passenger ships. Survitec Group wants to combine the benefits of chute evacuation with the advantage of propulsion
VT Halter Marine launched ATB tug Kim M. Bouchard for Bouchard Transportation at Moss Point Marine facility on February 26, 2015. Measuring 150 feet long, the 10,000hp twin screw ATB tug is classed by ABS as A1 Towing Vessel, Dual Mode ATB, USCG Subchapter M
E-marine, a provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent region, has unveiled plans to expand its fleet of cable ships in 2015, with the first ship, the CS Maram, beginning dock trials ahead of its maiden voyage this year.
UAE-based yacht and boat builder, Gulf Craft has made three global launches of latest super yacht - the Majesty 122, the Nomad 65 and 75 from the new collection of yachts designed for the passionate seafarer. Three new luxury yachts worth a total of Dh53 million were unveiled
The Missile Defense Agency (MDA) and sailors aboard the USS Carney, USS Gonzalez, and USS Barry successfully completed a flight test involving the Aegis Ballistic Missile Defense (BMD) weapon system. At approximately 2:30 a.m. EST today
Governor Bobby Jindal and Viking Cruises Chairman Torstein Hagen announced the selection of New Orleans as the homeport for Viking River Cruises’ first North American river cruise itineraries. The Mississippi River cruises will operate from docking facilities near the French Quarter
Australia's Darwin liquefied natural gas (LNG) export plant, operated by Conoco Phillips, has launched a tender to sell one cargo loading April 6-7, according to traders familiar with the matter. The 3.5-million-tonne-per-annum facility has asked sellers to arrange their own shipping
Cochin Shipyard Ltd (CSL) has launched the 14th of the series of 20 Fast Patrol Vessels (FPV) being built for the Indian Coast Guard. With this, CSL said, it has accomplished a rare feat of achieving three ship building milestones viz, keel laying
Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek. Arklow Breeze is the sixth and last vessel of a series to be delivered to a client from the city of Arklow, Ireland. The design is a bulk oriented general cargo ship that will be mainly employed
The first lifejacket custom-designed specifically for offshore personnel carrying out rope access or work at height has been developed by Survitec Group, the leading provider of survival and safety equipment to the offshore industry.
A record 9.8 million passengers are using the River Thames, two years on from the launch of the Mayor's River Action Plan, it was announced today. The River Action Plan, launched in February 2013, details a host of measures designed to increase the number of river passengers to 12
Mitsui O.S.K. Lines, Ltd. has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries. MOL also concluded an MOU for long-term chartering of two 20,000 TEU containerships with Shoei Kisen Kaisha, Ltd
An ailing mariner was medevaced from a fishing vessel in Beaver Inlet, approximately 13 miles southeast of Dutch Harbor, Sunday, the U.S. Coast Guard reported. The Coast Guard Air Station MH-65 Dolphin helicopter crew, deployed with the Munro on a Bering Sea patrol, departed Dutch Harbor
The Rotterdam (Netherlands)-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL service from Rotterdam to St Petersburg (Russia) and vice versa for general groupage cargo. The service provides an alternative to the traditional routing via Vilnius
VesselVanguard announced today a new partnership with Hatteras Yachts to provide a five-year subscription for its award-winning maintenance management solution to every buyer of a new Hatteras convertible or motor yacht. Hatteras owners will be among the first to have access to two