Inmarsat Plc News

British satellite telecommunications company Inmarsat plc will extend its service portfolio for customers with the launch of Fleet LTE, following an agreement with subsea fibre and offshore LTE network operator, Tampnet.The new service which is primarily aimed at offshore support vessel (OSV) operators, but could also be used by fishing and ferry operators operating in the area,  leverages low-latency, high data speed communications available via a dedicated Access Point Name (APN) on the Tampnet North Sea LTE network and could be extended to other regions such as the Gulf of Mexico if successful.Inmarsat’s new Fleet LTE service means customers can access high speed 4G…

British satellite telecommunications company Inmarsat plc and the provider of electric, digital and connected solutions for the marine industry ABB Marine & Ports have signed a master supply agreement aimed at tackling an obstacle identified by ship owners which has stopped them using IoT (Internet of Things) technology.A recent 2018 Inmarsat survey of 125 owners found 51% identifying an inability to get data off ships in real-time as their obstacle to IoT adoption.The agreement recognises ABB as a certified application provider to work with Fleet Data, the IoT platform developed by Inmarsat and Danelec Marine which collects information from onboard sensors…

The global oilfield communication market is expected to grow with a CAGR of 8% over the forecast period 2019-2024, said a study.With the growing adoption of cloud-based services, oil companies are compelled to use oil field communication, said a report from ResearchAndMarkets. This keeps their offshore sites connected with the inshore site about production stats, which helps in better supply chain management.The smooth flow of materials is very important for oil companies as their profitability is highly dependent upon the turnover and downtime needs to be avoided.For instance, GE Oil & Gas, the service provider to oil and gas companies has shifted 350 of its applications to Amazon's cloud offering…

British satellite telecommunications company Inmarsat plc has signed a business cooperation agreement that allows Hyundai Global Service (HGS) to offer ship owners and managers a total care solution route to maritime digitalisation.South Korea's HGS was established in 2016 by parent group Hyundai Heavy Industries as a digital transformation solutions provider to optimise ship operations and performance.The ground-breaking agreement paves the way for a cooperation that will include the use of Fleet Xpress Dedicated Bandwidth Services by HGS to support its digital services for ship owners, plus recognition of HGS as an Inmarsat Certified Application Partner (CAP).The formal agreement has been announced after the completion of trials on board three ships over a three month period…

The satellite communications group Inmarsat plc cautions that with the slowdown in the global economy hitting shipping, satellite communications industry faces rough weather, according to a report in Reuters. The British company, which provides data and voice connections to shipping, warned that tough trading was set to persist in its maritime and government markets this year. "We are seeing modest growing headwinds in terms of global trade slowdown and increased scrappage and lay outs," Chief Executive Rupert Pearce said. The capital expenditure forecast is more than analysts expected, and came as Inmarsat said it had revenues of $1.27 billion in 2015, similar levels to 2014. Its revenues from maritime services were $593 million in 2015, down $2.4 million from the year before.

Global shipping and offshore oil and gas operations are increasingly dependent on integrated networks, based on various software and data transfer solutions. Systems and equipment onboard are interconnected, monitored and controlled through an onboard automation network. Onboard systems are increasingly also connected ashore to the owners’ or technology providers’ control centers. Equipment manufacturers want to remotely upgrade the software of their systems and monitor their use to be able to optimize operations and to scheduled needed maintenance service.

Inmarsat, a leading provider of global mobile satellite communications services inform that SatComms Australia, a provider of mobile and fixed satellite solutions, has been appointed as a Gold Service Provider. An Inmarsat service provider since 2005, SatComms provides services primarily to the maritime sector and, in recent years, has extended its business to Land and Aviation users as well. “We have enjoyed an excellent working relationship with SatComms Australia going back many years and are pleased to welcome them to the ranks of Gold Service Provider…

Inmarsat Government, a leading provider of secure, global, mission-critical telecommunication solutions to the U.S. public sector, announce the appointment of Susan Miller as president and chief executive officer. In this role, Miller will be responsible for the overall business strategy and direction for Inmarsat Government, a wholly-owned, independent subsidiary of Inmarsat plc, responsible for all direct U.S. government business. Miller has over 20 years of senior executive leadership experience across a wide range of technologies that serve the U.S. government and commercial sectors.

Inmarsat plc, provider of global mobile satellite communications services, & RigNet, Inc. global provider of managed remote communications solutions to the oil and gas industry, agree a wide-ranging strategic transaction involving the appointment of RigNet to distribute Inmarsat’s Global Xpress and L-band services to the energy sector & the sale of Inmarsat’s retail energy business to RigNet. Under the terms of the agreement, RigNet will become a key Global Xpress distribution partner for the global energy sector and will offer Global Xpress and L-band services to RigNet’s growing customer base. In connection with the appointment, RigNet has entered into to a significant 4-year Global Xpress capacity pre-purchase.

Stratos Government Services Inc. (SGSI) and Segovia, Inc., wholly owned subsidiaries of Inmarsat plc, today announced they have been awarded an Indefinite Delivery/Indefinite Quantity contract by the Defense Information Technology Contracting Organization (DITCO) for the U.S. Navy Military Sealift Command’s (MSC) Next Generation Wideband (NGW) commercial satellite communications (COMSATCOM) infrastructure and service. MSC operates approximately 110 noncombatant civilian-crewed ships that replenish U.S.

U.S. Coast Guard Selects Stratos Government Services to Deploy Ku-Band Communications Network. Stratos Government Services Inc. (SGSI), a wholly owned subsidiary of Inmarsat plc, today announced it was awarded a five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract by the United States Coast Guard (USCG) on June 17, 2011 to provide USCG Large Cutter Connectivity. SGSI will provide the USCG with Ku-band satellite airtime, installation support, teleport equipment and service, Network Operations Center support and training.

Ship Equip International AS and Inmarsat plc (LSE: ISAT.L) announced an agreement for Inmarsat, to acquire Ship Equip for a total consideration of $163.7m. Inmarsat is a provider of global mobile satellite communications services. Ship Equip, based in Ålesund, Norway, is a provider of VSAT maritime communications services to the shipping, offshore oil & gas and fishing markets. James Parm, President and CEO of Stratos, commented: "We are delighted to welcome Ship Equip and their management team into the Inmarsat group.

Inmarsat plc (LSE: ISAT), provider of global mobile satellite communications services, announced the launch of its new FleetBroadband 150 service. FleetBroadband 150 (FB150) was developed for the leisure, fishing, coastal merchant and small defense vessel markets. For the leisure market, FB150 offers a simple and cost-effective way to stay connected by phone, SMS or email when sailing. It offers a voice connection at landline quality, accessible simultaneously with Internet-capable IP data at 150kbps and simple-to-use SMS.

Inmarsat Holdings Limited, a wholly-owned subsidiary of Inmarsat plc (LSE: ISAT), provider of global mobile satellite communications services, reported unaudited consolidated financial results for the 3 months ended 30 September 2008. Andrew Sukawaty, Inmarsat's Chairman and Chief Executive Officer said, "Our business continues to generate strong revenue and cash flow growth across all of our market sectors. We have seen no impact of global economic weakness in the usage and take…