Home Strategy Speedcast expands maritime deal with Inmarsat

Speedcast expands maritime deal with Inmarsat

Maritime broadband connectivity provider Speedcast has added more than 350 ships to the rollout of Inmarsat’s Global Xpress satellite communications services.

The ASX-listed Speedcast (ASX:SDA) has added to its initial commitment to deploy Fleet Xpress onboard approximately 2000 vessels over five years, and says the additional provision has been agreed to satisfy “healthy demand” from its more bandwidth-hungry vessels, which could also use a stand-alone Global Xpress service to satisfy bandwidth demand.  

Under the deal, Inmarsat is also broadening its commercial partnership with Speedcast in the Greek maritime market, further to the strategic alliance formed last summer.

“This is a very important strategic move for Inmarsat,” says Ronald Spithout, president – Inmarsat Maritime.

“Speedcast is one of the leading players in the maritime, land and energy industries and, after the recent acquisition of Harris CapRock, has a huge presence in the Offshore and Cruise markets. This underlines our increased commitment to Speedcast’s markets by providing high-bandwidth services either via Fleet Xpress with its  L-band back-up or directly through a stand-alone Global Xpress service.”

Speedcast provides complete managed communications and IT solutions in the cargo, offshore, cruise and fishing vessel sectors, and recently became the first Inmarsat partner to integrate the digital base platform (formerly known as SoftNSD) into its service offering.

The integration allows Speedcast to offer value-added solutions and applications over its own SIGMA Gateway, encouraging third-party application providers to develop innovative, content-rich applications over Fleet Xpress.

Athina Vezyri, executive vice-president, Maritime, of Speedcast said adding over 350 vessels to the arrangement with Inmarsat across Global Xpress-delivered services “demonstrates Speedcast’s confidence in the service”.

“There is a clear willingness from ship owners and operators from multiple segments to make reliable, high-speed connectivity a priority for safe and efficient vessel operation. Inmarsat services, together with the SIGMA Gateway platform that enables innovative new applications, will be one of the key components of our product portfolio.”

Inmarsat says Fleet Xpress has already secured commitments covering more than 10,000 ships within 12 months of launch, “reflecting a strong level of confidence” in the new service.

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).