Rock Dodgers In The 21st Century

Introduction  In the last article, it was suggested that some of the difficulties in setting standard rates (or, at least, rates that do not fluctuate so widely) for freight shipping might be addressed by technological and strategic advances. Logistic companies like Fedex, UPS and other small freight carriers are able to record good profitability with…

Review Of Nor-Shipping 2023

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…

How is Starlink Maritime Really Doing?

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…

Through the Looking Glass: Starlink Maritime

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…

Freight Cycling

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…

Freight rates, freight rates going so fast

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…

LEO Singin’ in the Rain

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…

Iridium’s 2022 Financial Performances

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,…