Nor-Shipping finally returned this month, as 18,000 visitors (reported by organisers) gathered in Oslo almost three years since the last edition in 2019. Delayed multiple times. June 2021, to January 2022 and finally April 2022.
The show brings together top industry leaders to celebrates successes, outlines challenges and helps steer a course for the development of the maritime industry. In his latest vlog, Valour’s senior maritime analyst Joshua Flood offers his take on this key event in the industry calendar.
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Written Summary
I was informed event was rather quiet on the Monday, however, Tuesday and Wednesday morning it was back to its bustling best and the organisers reported 18,000 visitors over the 2 and half days and nearly 600 companies exhibiting at the show.
From a maritime connectivity standpoint, the usually suspects were there. Inmarsat, Marlink, NSSLGlobal, Speedcast, Intellian, Eutelsat, Cobham, Danelec were all in attendance. I also had meetings with a number of satellite operators, SPs and hardware companies with no stands at the show.
My three major takeaways were:
- Continued interest in the strategies of LEO satellite operators, how they will go to market, how they will distinguish their offerings from each other, and their flavor offerings via their partner ecosystem.
- Increasingly bigger bandwidth requirements from passenger vessels. The cruise market is coming back strong.
- Overview of the strong performance from Marlink, Inmarsat and some of the others service providers in 2021. We will be releasing our preliminary maritime connectivity market share data for 2021 shortly.