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
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.
Danelec Launches ECDIS Computer-based Training Danelec Marine has launched a new computer-based training (CBT) program for its second-generation DM800 ECDIS G2 products. The convenient and user-friendly CBT courseware allows students to download the training
Turkish Navy’s third Milgem class corvette, the F-513 TCG Burgazada, created as part of the MILGEM project, was launched with a ceremony attended by Turkish President Recep Tayyip Erdoğan and Prime Minister Binali Yıldırım.
The Dennis & Phyllis Washington Foundation, in conjunction with Seaspan, announced today a multi-year, multimillion dollar investment in the future of British Columbia’s marine industrial sector. The commitment totals $2.9 million and includes a three-year, $900
Risk Intelligence launches new service providing overview of operational and regulatory risks of privately contracted maritime security in West Africa Maritime operations in West Africa are affected by threats from piracy and other maritime crime
Bollinger Shipyards has delivered the 18th Fast Response Cutter (FRC), USCGC Joseph Tezanos, to the United States Coast Guard on June 22, 2016 in Key West, Fla. The vessel is scheduled to be commissioned in Puerto Rico during August 2016.
Taiwan’s shipping company Wan Hai Lines has placed an order for eight 1,900 teu box ships worth a total of $212 million - $236 million. Wan Hai said that the vessels will be built by shipbuilder Naikai Zosen Corp.
China’s state-owned COSCO Shipping Corp plans to launch cruise services in the South China Sea in July, reports Reuters. The first route is expected to travel from Sanya to the Yongle Island, part of the Xisha Islands in Hainan province.
Austal Australia has launched Hull 392, a 70-meter offshore crew transfer vessel for Caspian Marine Services Limited (CMS) of Azerbaijan, at the company’s Henderson shipyard in Western Australia. Following the contract award in June 2015, construction commenced in October 2015
The Lord Mayor of the City of London, Lord Mountevans, lent his weight to the launch of a new three-year project designed to inspire and engage young people across the U.K. in thinking about a future in marine engineering. It is being led by maritime charity Seafarers UK
APM Terminals Inland Services, South Asia has signed an exclusive agreement with Gothenburg, Sweden-based Volvo Cars to provide a dedicated, specialized warehouse facility in Chennai. The customized warehouse will provide an integrated Inland Services solution for the Volvo Completely Built Up
MSC has recently launched a new customer portal called ‘myMSC’ which allows you to submit your VGM instructions online and much more. The launch of this portal has been advanced in anticipation of the new SOLAS regulation which comes into effect on the 1st July 2016.
The U.S. Navy recently launched USS Zumwalt (DDG-1000), lead ship of the all-new Zumwalt-class of stealth destroyers. Named for Admiral Elmo R. “Bud” Zumwalt, this new vessel was developed under the US Navy’s DD-21 “21st Century Destroyer” program.
During a ceremony to honor women who served in the U.S. Navy and Marine Corps, Secretary of the Navy Ray Mabus announced an Arleigh-Burke class destroyer, DDG 123, will be named Lenah H. Sutcliffe Higbee. Higbee, the future ship's namesake, was a pioneering United States Navy chief nurse
London International Shipping Week (LISW) is proud to announce Inmarsat Global Ltd as Lead Diamond Sponsor for LISW 2017. Inmarsat is a British satellite telecommunications company which provides mobile communication services to the maritime industry worldwide
THE Incheon Port Authority said a regular container service connecting the port directly to the Middle East has been launched for the first time, backed by the Islamic Republic of Iran Shipping Lines (IRISL). According to MANA,The Iranian state-run IRISL will deploy its 5