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
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
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
North Korea recently conducted a third test of a new submarine-launched ballistic missile (SLBM) that is part of Pyongyang’s expanding nuclear arsenal, according to US defense officials cited by the Washington Free Beacon.
The first two-deck boat ever built by Blyth Workcats has recently been delivered to a customer in Belgium. The 18-meter Aqualink is the first Blyth Workcat to feature a high bridge and it has now entered service with Ostend Marine Services for which it has been designed to undertake a wide range
Bouchard Transportation Co., announced the launch of Barge B. No. 270, the first of two Articulated Tug Barge (ATB) units constructed by VT Halter Marine, Inc., a company of Vision Technologies Systems, Inc. The barge was launched at the Pascagoula Shipyard Operations in Pascagoula
The CMA CGM Group has announced that the CMA CGM KERGUELEN, the group’s largest vessel, crossed the Suez Canal for the first time on May 2, 2015. On this occasion, the Suez Canal Authority Chairman, the Admiral Mohab Mameesh, boarded the CMA CGM KERGUELEN and completed a section of the Canal
Software developer Helm Operations has signed on offshore rig moving and ocean towing services company Louisiana International Marine (LIM) to its Helm CONNECT Preventive Maintenance software. Louisiana International Marine operates six tugs that are ABS classed hull and machinery, A1 towing
Technology Associates, Inc. (TAI) of New Orleans, La., announced that another derivative of a vessel built from TAI’s EnviroMax designs was launched. Thoma-Sea Marine Constructors, LLC has launched a 6,300 DWT Technology EnviroMax 310 OSV from its Lockport, La. shipyard on April 28
Thuraya Telecommunications Company today launched the industry's most advanced satellite phone, the Thuraya XT-PRO. Targeted at professional users across a range of market sectors including government, energy, media and NGOs, the Thuraya XT-PRO is the only satellite phone to feature
BP Shipping celebrated its 100-year anniversary yesterday, making it the longest continually operating company in the group. Formed on April 30, 1915 as the British Tanker Company, the business has contributed to two world wars, the Great Depression, the closures of the Suez Canal
Canada launches new Commercial Fishing Safety component of Boating Safety Contribution Program Canada’s Minister of Transport Lisa Raitt, joined by Members of Parliament from Atlantic Canada, announced a new Commercial Fishing Safety component of the Government of Canada's Boating
International Container Terminal Services, Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened a one stop shop (OSS) to fast track
American corporation XPO Logistics, led by multi-millionaire Bradley Jacobs, agreed to acquire French transport services and global logistics solutions provider Norbert Dentressangle, led by multi-millionaire Norbert Dentressangle, for US$3.53 billion including debt, according to Bloomberg.
Lawmakers in the House of Representatives who are trying to end the decades-old ban on U.S. crude oil exports said on Thursday they were gaining support after a Democrat joined the Republican-led effort. Representative Henry Cuellar became the first Democrat to sign on to a bill launched
Intertek said it is launching a new set of oil and gas decommissioning services to help manage costs and asset inventory. The company showcased the new services, which focus on the circular economy approach, at Decom North Sea’s lunch and learn yesterday.
Scandlines reports good financial results in 2014 as the company strengthened its competitive position through significant investments in new ferries as well as the completion of a number of important strategic objectives concerning customer service and environmental initiatives
The EU has approved a Danish-led, maritime innovation project with a budget of DKK 85 million, intended to enhance safety of navigation and increase efficiency at sea. 13 Danish partners will become frontrunners of the project, which is launched on 1 May.