Inmarsat to Purchase Additional Satellite from Boeing

MarineLink.com
Monday, October 07, 2013

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 first three Inmarsat-5 satellites. As a result, Inmarsat will be able to achieve global service launch for Global Xpress (GX) more rapidly than if a replacement satellite were only commissioned following a launch failure. Where customer commitments and demand for GX requires a global network to be in place, the fourth satellite will therefore insure the global network delivery date and this measure of redundancy is expected to encourage further commitments to GX.

In the event the satellite is not required as a launch spare, Inmarsat is developing an incremental business case to support the launch of the fourth satellite to increase capacity and strategically enhance network coverage.

Rupert Pearce, Inmarsat’s Chief Executive Officer, said, “We have signed multiple presale agreements and received significant expressions of interest, some of which are tied to the completion of global coverage with three satellites. This has encouraged us to not only move to a strategy to physically insure our global service date with a fourth satellite, but also to consider incremental opportunities that have emerged and could drive enhanced returns via the launch of a fourth satellite.

He added, “Our decision announced today reflects the fact that we are already close to incremental opportunities that could justify a fourth satellite, but our highest priority is our coming launch campaign, and we will take time to develop these plans in the coming year.”

Boeing will immediately begin construction of the fourth Inmarsat-5 satellite. The total cost of the option and certain related expenditure will be between $220-250 million. In the event the fourth satellite is required as a spare, the impact on total capital expenditure over the period to 2016 will be broadly neutral as the insurance proceeds from any loss would be expected to cover the construction, launch and insurance costs for the fourth satellite.

Inmarsat said GX will be the first globally available high-speed broadband network. It will offer the unique combination of global coverage from a single operator, consistent higher performance of up to 50Mbps. Based on Ka-band technology, GX will consistently deliver higher performance through more compact terminals at a lower cost than existing VSAT services, making it accessible to many more users.

inmarsat.com
 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shipping Confidence Hits 2.5 Year Low

Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence

U.S. DoI Upholds 2008 Shell Arctic Lease

The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas

All American Marine Delivers Ferry to Seattle

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated

Marine Electronics

Maersk to Install Transas ECDIS on 100 Vessels

Maersk Line, the world's largest container company, has selected Transas Marine for ECDIS implementation on more than 100 vessels, Transas announced today. The

KVH Outlines Ship-to-Shore Connectivity

The next generation of connectivity between ship and shore will be dominated by the development of applications to help ship owners and managers reduce costs by enhancing operational efficiency,

MARIN, Cruden, Tree C Technology Forge Small Ship Simulator

Severe vibrations and shocks of up to 9G over an average of 1000 hours per year. That’s what instructors of fast small ships such as the Fast Raiding, Interception

News

U.S. DoI Upholds 2008 Shell Arctic Lease

The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas

All American Marine Delivers Ferry to Seattle

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated

HEADHUNTER Marine Sewage Treatment Systems

Headhunter’s team of engineers, fabricators, and wastewater specialists work together to provide innovative and efficient sewage treatment solutions.   Offering systems in three categories; STP,

Electronics

KVH Outlines Ship-to-Shore Connectivity

The next generation of connectivity between ship and shore will be dominated by the development of applications to help ship owners and managers reduce costs by enhancing operational efficiency,

US Navy to Roll out Underwater Spy Satellites

The robotic series that remade crusade in skies will shortly extend to a low sea, with underwater view “satellites,” drone-launching pods on a sea building and unmanned ships sport submarines,

Washington State Ferry Tacoma Returns to Service

Washington State Ferry M/V Tacoma will return to work on the Seattle/Bainbridge Island route starting March 28 after suffering electrical damage last summer.   The

Communication

KVH Outlines Ship-to-Shore Connectivity

The next generation of connectivity between ship and shore will be dominated by the development of applications to help ship owners and managers reduce costs by enhancing operational efficiency,

Greece Will Sell Piraeus Port Stake in Weeks

The Greek government will sell its majority stake in the port of Piraeus within weeks, the country's deputy prime minister told China's official Xinhua news agency,

Garamendi Introduces Bipartisan GPS Backup Bill

Congressman John Garamendi (D-Fairfield, CA), the Ranking Member of the House Transportation and Infrastructure Subcommittee on the Coast Guard and Maritime Transportation,

SatCom

KVH Outlines Ship-to-Shore Connectivity

The next generation of connectivity between ship and shore will be dominated by the development of applications to help ship owners and managers reduce costs by enhancing operational efficiency,

Affordable SATCOM for Workboat Applications

SATCOM edges closer to providing standardized services to the workboat sector. It’s affordable now and someday soon, you won’t be able to afford to be without it.

Broadband Bandwidth Battles

As Satellite providers battle for market share, the onboard struggle to efficiently maximize bandwidth allocation is also being solved.   The requirement to monitoring

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1658 sec (6 req/sec)