SatCom Useage Savings Vaunted by Inmarsat Boss

MarineLink.com
Friday, September 13, 2013

Maritime industry leaders attending the current London International Shipping Week heard how ship owners and managers can achieve 10 per cent operational savings if they focus on the value of satellite communications rather than on cost.

In a keynote speech at the event, Frank Coles, President of Inmarsat Maritime, urged delegates to weigh up the cost of investing in improved satellite communications against the substantial benefits.

“The problem is people haven’t always moved with the times and so may not know what’s possible,” he said. “So, they’ll look at their current cost, which is an average of US$25 per day, and seek a reduction. “In reality, though, that’s just 0.3 per cent of a ship’s running costs. It’s literally a drop in the ocean. “However, if they were to increase that to just US$100 a day to take advantage of unlimited email and data, our figures show they could actually reduce the cost of running a ship by 10 per cent.”

In monetary terms a vessel using satcoms to their full potential could cut running costs by nearly US$200,000 a year, Frank Coles claimed.

The potential savings presented to delegates come from a variety of sources, including:
 • Fuel savings
• Performance improvements
• Lower port charges
• Insurance premium reductions
• Better crew morale and retention, and
• Lowering the cost of remote IT repairs and support.

He urged ship owners and managers to draw a comparison between how they hasten to equip their teenage children with a mobile phone, so they are safe and contactable, with their reluctance to invest in satcoms to keep in contact with a ship worth US$50 million or more.

Frank Coles was speaking at London International Shipping Week as part of Inmarsat’s Platinum sponsorship of this year’s inaugural event.
 


 

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

VT Halter Begins Building LNG-powered ConRo Ships for Crowley

VT Halter Marine, Inc., a subsidiary of Vision Technologies Systems, Inc. (VT Systems), has commenced construction on the first of two liquefied natural gas (LNG)-powered,

NYK Line Joins PNW West Coast Metro Pool

Effective October 20, 2014, NYK Line has become a member of the PNW West Coast Metro Pool (WCMP) operated by Trac Intermodal. The WCMP operates chassis at all major marine terminals,

Technology

Virtual AIS Beacons Employed in MH370 Search

Vesper Marine, a manufacturer of marine safety products and virtual Aids to Navigation (ATON), announced that its Virtual AIS Beacons are employed in the search

Alu Design to Create Next Generation of Marine Chairs

There’s a new designer in the driving seat at Alu Design. Per Ivar Selvaag, the former Lead Designer at BMW Group and Chief Designer of Peugeot’s concept car division,

New Dual Use Piracy Barrier Launched

Guardian Maritime launched Guardian Greenwater, a new product that was developed to deal with the issue of greenwater on-board deck following turbulent weather conditions,

Marine Electronics

Virtual AIS Beacons Employed in MH370 Search

Vesper Marine, a manufacturer of marine safety products and virtual Aids to Navigation (ATON), announced that its Virtual AIS Beacons are employed in the search

GOST Security System thwarts Break-in

GOST (Global Ocean Security Technologies), announced that its GOST Insight HD GPS Security System was instrumental in foiling the theft of electronics onboard a powerboat in Aventura, Florida.

NMEA Awards Top Electronic Makers

Marine electronics experts named 11 products in nine categories as winners of the 2014 NMEA Product Awards. Once again, Furuno USA was named Manufacturer of the Year--Support.

Finance

PDVSA Charters Another Algerian Crude Cargo

Venezuela's state-run oil company PDVSA has hired a supertanker to load a second 2 million-barrel cargo of Algerian crude, according to preliminary tanker fixture data.

Gulf Craft to Invest $100m in Dubai Shipyard

Company plans to invest $100 million over the next five years in the development of a new shipyard in Dubai Maritime City to build a global luxury yachts manufacturing

Pentair Reports 3Q 2014 Sales of $1.8 bi

Pentair plc today announced third quarter 2014 sales of $1.8 billion. Sales were up 3 percent compared to sales for the same period last year. Third quarter 2014

SatCom

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Ship Electronics Ship Repair Ship Simulators 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: 0.1543 sec (6 req/sec)