Introduction The above title is understood as the interaction between supply and demand in the maritime transport sector. Supply will lag behind capacity and demand and rates will rocket, then it will catch up, then it will oversupply and rates will fall. This happens fairly regularly except for those spanners thrown in the works (mostly…
Over the last few months, the topic of smart shipping and the various purposes of maritime IoT has been receiving increased media attention. A key point to remember is these terms mean different things to different people within the shipping ecosystem. I will attempt to shed some light upon these….The uses of smart shipping technology…
One thing is certain within the maritime industry, smart shipping has arrived. However, what most people will think is “What is Smart Shipping?” We look at the latest trend in ship digitlisation. After speaking to range of different players in the ecosystem; I will endeavor to try and provide some understanding of this. Smart shipping,…
Acquisitions in Maritime Connectivity Over the last two months, the maritime and offshore satellite connectivity market has been sparked with a bout of merger and acquisition activities. Interested in other maritime acquisition news? Visit our blog homepage for more articles. Maritime Connectivity Acquisition 1: ViaSat to acquire Rignet In late December 2020, ViaSat announced an…
The past year will be known as a year of strife and great difficulty for the maritime satellite communications market, as a number of key applications have been greatly affected by the restrictions of the COVID-19 pandemic. In Valour Consultancy’s 2020 Maritime Connectivity report, we highlighted how the trade sanctions between the United States and…
In Valour Consultancy’s latest report, “The Future of Maritime Connectivity – 2020 edition”, Marlink Group remained the largest retail service provider for VSAT communication services. The global service provider increased its revenue market share from 23.1 per cent in 2018, to 23.9 per cent in 2019. Marlink has a proactive approach to customer service ensuring…
When writing commercial articles about the maritime market, I found analogies for players in the shipping ecosystem most useful. After undertaking recent new research on satellite operators, service providers, shipping companies, ship owners (most of the time the former, however, not in some cases), ship managers and seafarers. I thought a simplification of their roles…
The European Space Agency (ESA) and the European Defence Agency (EDA) have funded two consecutive projects called DeSIRE, in 2013, and DeSIRE II (Demonstration of Satellites enabling the Insertion of RPAS in Europe), in 2015, to examine how drones might operate within controlled airspace when controlled by satellites for commercial and governmental applications. To undertake…
“I don’t see how he can ever finish, if he doesn’t begin.” Alice thought to herself that unmanned traffic management should be easy, so she checked several countries that are beginning and this is what she found. In the Asia/Pacific region, there is practical experimentation but a willingness to standardise, Russia is ploughing its own…
In this blog, we analyse the long-lasting impact of Covid-induced behavioural changes. What will this mean for maritime telemedicine services? New normal for consultations With the abundance of connectivity today, video consultations are becoming the norm. It’s quick, convenient and highly useful. In the UK, the NHS has been promoting an app which enables online…
With most of the cities around Europe, North America and Latin America deserted and the majority of populations locked away in their homes, the start of 2020 has not been best. The service markets, such as restaurants, gyms, co-working spaces, have come to a grinding halt and many businesses and industries will be damaged for…
Inmarsat started off in 1979 as the International Maritime Satellite Organization (INMARSAT), a non-profit intergovernmental organisation created to establish and operate a satellite communications network for maritime use. They were funded by a group of 28 mainly maritime nations. In 1999, this rose to 86 countries and at the same time the Global Maritime Distress…