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…
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…
On March 27th 2020, London-based satellite firm, OneWeb filed for Chapter 11 bankruptcy protection in the United States, and in doing so surprised some and merely confirmed what others had seen coming for some time. Much has been written, both pre- and post-bankruptcy, around the challenges associated with making the LEO business model work and,…
This is all in the future. But what about the future future? Almost all the projects described in the last article, bar one or two, are retrofits of existing vessels. They are the projects of specialist technologically advanced consortia. As the demand for autonomous shipping grips the maritime fleet owners, they will look to the…
For some time, the maritime and offshore industry has been dipping its toe into the potential benefit pool of remote monitoring, predictive maintenance and reliability surveillance of its remote assets. This is the result of two threads of development; one coming from deep water inshore and one going from inshore towards deep water. Almost all…
Speedcast International Ltd (ASX: SDA) share price fell 40% on 2nd July, wiping $340m off its value. The market reacted to an announcement the company made earlier on Tuesday morning, in which the firm downgraded its revenue expectations for 2019. Speedcast confirmed full year earnings were expected to be in the range of $200m to…
As shipping communication capabilities continue to improve, are we at greater risk of a maritime cyber-attack? In a recent article, Maritime Digitalization and Communications – a magazine that publishes industry-wide news concerning maritime – presented a brief outline of major technologies that would transform the industry in 2019. From significant increases in IoT technology to…