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
Shipbuilder Ulstein Verft has launched its first vessel within the renewable energy segment, and also the first with the newly-developed X-STERN hull line design. The service operation vessel (SOV) for the offshore wind industry is one of two being constructed for Bernhard Schulte Offshore
The U.S. Coast Guard medically evacuated a man off of a dredging barge in Lake Erie near Sandusky, Ohio, Wednesday evening. At approximately 5:45 p.m., a good Samaritan called Coast Guard Station Marblehead, Ohio, to report two men on a dredging barge who needed help due to injuries.
MSC Lana Voy-JA618R made its inaugural call at Karachi International Container Terminal (KICT), marking the launch of a new Middle East Loop 1 (MEL 1) Service. To mark the event, KICT held a maiden voyage ceremony, attended by Mr Keith Lau
Cyberhawk Innovations, the world leader in aerial inspection and survey using Unmanned Aerial Vehicles (UAV), is set to boost its international credentials with the launch of a Houston office in the USA. The new office comes as a result of increasing demand from existing oil and gas
Thordon Bearings Launches Oil Savings Calculator Thordon Bearings has developed a bespoke modeling tool capable of calculating the amount of operational oil prevented from leaking into the world’s oceans with each installation of a seawater-lubricated propeller shaft bearing.
Eastern Shipbuilding Group, Inc. delivers the escort tug Neptune to Suderman & Young Towing Company and launches the Escort Tug David B to Bay-Houston Towing Co. Eastern Shipbuilding Group, Inc. has delivered the escort tug Neptune (Hull# 237) on March 28, 2016
Norwegian ferry Bastø Fosen I is the first vessel commissioned with a globally certified International Maritime Organization (IMO) Tier III compliant marine engine that does not need urea based after treatment. The completely refurbished and repowered Bastø Fosen I has been
CMA CGM Group has decided to postpone its project to deploy 18,000 TEU-capacity vessels on Transpacific market trade. The much-anticipated launch of a weekly service with six mega-ships which was planned for the end of May has been delayed in order to optimise the use of its
Krishnapatnam Port inaugurated yesterday the maiden call of “M V Maersk Bentonville” as part of the direct weekly service from Krishpatnam to Salalah (Oman). The first voyage of Maersk Bentonville discharged 551 TEU’s and loaded 770 TEU’s of exports.
Inmarsat (LSE:ISAT.L), and Cobham SATCOM today announced that their partner Beijing Marine Communication & Navigation Company Ltd. (MCN) has won the largest Inmarsat Fleet Xpress installation project to date, with Nanjing Tanker Corporation of China
Iran all set launch a shipping line to Europe, North and South American countries, as sanctions against Iran’s shipping industry has been recently lifted. The Islamic Republic of Iran Shipping Lines (IRISL) has resumed its routes to various destinations across Europe
KVH Industries, Inc., (Nasdaq: KVHI), announced that as of the end of 2015, it had shipped more than 6,000 TracPhone® satellite communications antenna systems for the mini-VSAT Broadbandsm network. This milestone reaffirms the company’s top market share position in the maritime VSAT
Container shipper Maersk Line has introduced its first direct service from Northern Europe to Cuba, beginning on Friday April 22 with the arrival of the 2,556 TEU containership E.R. Cape Town in the Port of Mariel, located 50 kilometers from Havana.
Incat Crowther has been awarded a contract with shipbuilder Astinave EP of Guayaquil, Ecuador for the supply of vessel design services and aluminum component kits for a pair of 22.5m monohull crewboats currently under construction for an undisclosed client
Satlink Satellite Communications Ltd, a satellite communication and technical services provider, announced that it has become an Inmarsat Partner for Fleet Xpress and FleetBroadband. As part of the partnership Satlink’s solutions will be integrated with Inmarsat’s Fleet Xpress service