Inmarsat Activates 5,000th FB Terminal
Inmarsat (LSE: ISAT) announced that it has activated the 5,000th FleetBroadband terminal. This figure represents commercially active SIM cards passing operational traffic. The 5,000 FleetBroadband terminals activated through Inmarsat’s global partner network make it the fastest adopted maritime service in the company’s 30-year history. The latest member of the FleetBroadband family, FB150, launched just 22 weeks ago, already has 500 terminals activated – a rate of adoption which is twice that of FB500 and FB250 at a similar period after launch. The 5,000th terminal was activated on Happy Rover, a 1997-build owned by Dutch company BigLift Shipping B.V., a member of the Spliethoff Group.
L&T in Talks for Shipbuilding Contract
India’s biggest engineering and construction firm, Larsen and Toubro Ltd, is in talks with a Dutch shipowner for a new building contract valued at more than $100 million according to the Wall Street Journal. New orders: Larsen and Toubro’s employees shift a 20-tonne ship part in the company’s shipbuilding yard in Hajira. L&T is negotiating with a Dutch shipowner for a new shipbuilding order. L&T is currently building eight ships valued at about Rs1,150 crore. These comprise six for RollDock and two from BigLift Shipping BV, also of the Netherlands. L&T launched its shipbuilding venture in May 2006 with an order for building four ships valued at Rs440 crore from the Rotterdam-based shipping firm Zadeko Ship Management CV (now known as RollDock BV).
