Introduction If you look up the term “smart” in the Oxford Dictionary, it is a word with various meanings. Smart can mean intelligence, whether this be emotional, academic, and worldly intelligence. It can also mean clean, tidy, well-dressed, or a sharp stinging pain. Then, what is maritime smart shipping? In many ways, smart shipping means…
Nor-Shipping 2023 was back in full swing, and Valour Consultancy was quick to join in the fun. Our analysts, Alishia Sims and Josh Flood, flew out to Oslo on Monday and returned later Thursday afternoon. It was Alishia first’s maritime conference and maybe Josh should not have told her there was a potential to meet…
Mitsui O.S.K. Lines Extends New Deal for Starlink Maritime Introduction News of Starlink Maritime deals and installations are coming thick and fast within the world of maritime satellite connectivity. Recently, the Japanese-based shipping company Mitsui O.S.K. Lines (MOL) announced a new deal to use Starlink Maritime via Navarino. This follows on from another deal when…
An Introduction to Starlink Starlink have been making a splash in the world of maritime and the industry has observed with keen interest the growth and deployment of the LEO service. What Does Starlink Mean for the Maritime Industry? Connectivity is becoming more crucial and digitalisation tools have become almost standard protocol. With IT management…
Introduction The fact that there is wave-like mechanism, in shipping rates is undeniable. This has led many thinkers to attempt an analysis to see if some method could lead to either ameliorating downturns or allowing investors and shipping companies and hence shipbuilders to schedule their work appropriately. Given that shipping rates are a symptom of…
We recently released our maritime tracker update and included some new segmentations and features. One of the key additions of the new update includes utilising the Clarkson’s World Fleet Register which enabled us to reduce the double counting of vessels between ship owner, ship operator and ship management companies in the sample. This had two profound…
Valour Consultancy, a provider of high-quality market intelligence and consultancy services, is delighted to announce that it has today been honoured with the first ever King’s Award for Enterprise in the category of International Trade. Having also won a Queen’s Award for Enterprise in 2020, we are one of just 148 organisations nationally to be…
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…
This article addresses the issues facing LEO constellations. These are both technical and financial. While the concept of bringing connection to the unconnected might be regarded as the finances associated with trying to achieve income from less developed and sparsely populated areas is a conundrum that is yet to be resolved. Introduction The technical problems…
The American satellite operator announced net income of $8.7 million for 2022, compared to a net loss of $9.3 million in 2021. Iridium’s total revenue of $721 million; $534.7 million of service revenue, and $182.3 million of revenue related to equipment sales and engineering and support projects. Iridium’s revenues increased 24% in 2022 versus 2021,…
IFC reaches major milestone for the industry – Valour Consultancy is excited to announce that, for the first time, our longstanding quarterly in-flight connectivity (IFC) tracker service recorded more than 10,000 commercial aircraft equipped with IFC. The landmark figure was reached in Q4 2022 and serves as proof of the market’s resilient growth in the…
This quarter (Q1 2023), Valour Consultancy will be launching a new smart airports passenger touchpoint tracker service providing unrivalled data, insight and intelligence to our clients in the airports and borders space. Smart Airports Passenger Touchpoint Tracker The smart airports passenger touchpoint tracker service is designed to complement our existing services, including the well-received study…