Latest news with #Inmarsat
Yahoo
23-05-2025
- Business
- Yahoo
MOL chooses Inmarsat NexusWave to support digital transformation
Inmarsat Maritime has entered an agreement with Mitsui OSK Lines (MOL) to facilitate the transition of MOL's fleet from the Fleet Xpress (FX) service to Inmarsat's NexusWave. This upgrade aims to enhance the digitalisation efforts of the Japanese shipping company by providing a fully managed bonded connectivity service across its vessels. The implementation and support for this transition will be managed by local Inmarsat partner JSAT MOBILE Communications, which will oversee a diverse fleet that includes liquefied natural gas (LNG) carriers, oil tankers, and car carriers. MOL is adapting to changing operational requirements and crew connectivity demands by seeking comprehensive satellite communication solutions. The NexusWave service combines multiple network underlays into a single bonded connection, offering high speeds, reliability, unlimited data, and global coverage. It includes enterprise-grade cybersecurity, continuous technical support, and transparent pricing structures. MOL chief digital and information officer Junichi Yoshiyama said: 'Our digitalised and connected ships are becoming floating operations centres and homes for our crew, and Inmarsat's NexusWave will help keep them connected to high-speed internet and support our onboard digitalisation strategy.' Recent tests of the NexusWave service have demonstrated download speeds reaching 330-340Mbps and upload speeds between 70-80Mbps, with network availability reported at over 99.9%. Inmarsat is committed to enhancing its services, with plans to integrate the next-generation ultra-high capacity, high-speed ViaSat-3 Ka-band network, which is expected to further boost connectivity speeds for NexusWave. Inmarsat Maritime president Ben Palmer said: 'We are proud to continue our partnership with MOL and to deliver NexusWave as an accelerator of maritime digitalisation and, by extension, an enabler of the floating office and floating home. 'Forward-thinking operators like MOL are drawn to the solution for its performance, robust capabilities, and the confidence that comes from working with a reliable maritime connectivity partner.' In February this year, Maersk partnered with Inmarsat Maritime to improve satellite communications for its fleet, enhancing connectivity for around 340 container ships globally between 2025 and 2026. "MOL chooses Inmarsat NexusWave to support digital transformation" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-05-2025
- Business
- Yahoo
VSAT, MOL Ink Deal to Upgrade Fleet Connectivity With NexusWave
Inmarsat Maritime, a subsidiary of Viasat, Inc. VSAT, recently announced that it has inked an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade the Japanese shipping company's fleet from the current Fleet Xpress service to the next-generation NexusWave solution. This transition marks a strategic step in MOL's effort to build a more resilient and high-performance communication system, capable of enhancing operational efficiency and crew connectivity across its global upgrade to NexusWave brings a fully managed bonded connectivity service that integrates Inmarsat's Global Xpress Ka-band, low-Earth orbit satellite services, coastal Long-Term Evolution networks, and an L-band layer for added resilience. This unified architecture ensures seamless, high-speed, and highly reliable Internet access anywhere in the world, effectively removing the dependency on multiple, fragmented communication solutions traditionally used in complex maritime operations. As maritime workforces become increasingly digitally connected, the need for fast and stable Internet is critical not only for operations but also for crew welfare. With NexusWave, MOL is focusing on equipping its vessels to serve as both operational command centers and living spaces for crew members. The system's multi-layered approach supports this evolution by offering consistent speeds, unlimited data usage, and global coverage, all protected by enterprise-grade cybersecurity and backed by round-the-clock technical support. The integration of multiple network underlays into a single bonded service will not only simplify connectivity but also eliminate the inefficiencies of managing multiple disjointed systems. This aligns closely with MOL's vision of transforming its fleet into digitally connected, efficient, and crew-friendly floating workplaces and homes. Inmarsat is a global leader in delivering innovative and reliable mobile communication services worldwide. The buyout of the company in 2023 has immensely strengthened Viasat's portfolio, diversifying its service offerings and accelerating global expansion. One of the key features of NexusWave is its future-proof design. In recent real-world trials, it delivered download speeds of 330–340 Mbps and upload speeds of 70–80 Mbps, with average network availability exceeding 99.9%. NexusWave is also set to incorporate the next-generation ViaSat-3 Ka-band service, an ultra-high-capacity, high-speed network expected to launch in 2025. This integration will further enhance its capacity and speed, enabling it to keep pace with the evolving demands of maritime operators. This collaboration with MOL highlights the increasing demand for more advanced, bonded connectivity systems. The service will not only offer unmatched speed and reliability but also simplify fleet management by providing a single, trusted service tailored specifically for maritime environments. These advancements bode well for Viasat's long-term growth. Shares of Viasat have plunged 31.9% over the past year against the industry's growth of 41.1%. Image Source: Zacks Investment Research Viasat currently carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader industry have been discussed Networks, Inc. JNPR sports a Zacks Rank of 1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. In the last reported quarter, it delivered an earnings surprise of 4.88%. Juniper is leveraging the 400-gig cycle to capture hyperscale switching opportunities within the data center. The company is set to capitalize on the increasing demand for data center virtualization, cloud computing and mobile traffic packet/optical convergence. Juniper also introduced new features within its AI-driven enterprise portfolio, enabling customers to simplify the rollout of their campus wired and wireless networks while providing greater insight to network IDCC carries a Zacks Rank #2 (Buy) at present. In the trailing four quarters, InterDigital delivered an earnings surprise of 160.15%. The company is a pioneer in advanced mobile technologies that enable wireless communications and designs and develops a wide range of advanced technology solutions used in digital cellular, wireless 3G, 4G and IEEE 802-related products and Networks, Inc. ANET, carrying a Zacks Rank of 2 at present, supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service delivered a trailing four-quarter average earnings surprise of 11.82% and has a long-term growth expectation of 14.81%. Arista currently serves five verticals, namely cloud titans (customers that deploy more than one million servers), cloud specialty providers, service providers, financial services and the rest of the enterprise. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Juniper Networks, Inc. (JNPR) : Free Stock Analysis Report InterDigital, Inc. (IDCC) : Free Stock Analysis Report Viasat Inc. (VSAT) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Inmarsat Provides NexusWave to Mitsui O.S.K. Lines to Help Accelerate Onboard Digitalisation Strategy
Inmarsat's fully managed bonded connectivity service will support transformation of MOL vessels into floating offices and homes to meet evolving operational and crew connectivity needs CARLSBAD, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Inmarsat Maritime, a Viasat company, has signed an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade their fleet from Fleet Xpress (FX) service to Inmarsat's NexusWave. This fleet-wide transition to NexusWave will allow MOL to benefit from Inmarsat's fully managed bonded connectivity service and accelerate the digitalisation strategy of the leading Japanese shipping company. Local Inmarsat partner JSAT MOBILE Communications will be responsible for implementing and supporting the upgrades on board, covering a fleet that includes liquefied natural gas (LNG) carriers, oil tankers, and car carriers. In response to evolving operational and crew connectivity needs, MOL is seeking multi-layered satellite communications services that support the transformation of its vessels into floating offices and homes. By combining multiple network underlays in one bonded connection, Inmarsat NexusWave delivers the speeds, reliability, unlimited data, and global coverage to support this objective, with enterprise-grade cyber-security, round-the-clock technical support, and fully transparent costs ensuring complete peace of mind. Junichi Yoshiyama, Chief Digital & Information Officer, Mitsui O.S.K. Lines, Ltd., said: 'Our digitalised and connected ships are becoming floating operations centres and homes for our crew, and Inmarsat's NexusWave will help keep them connected to high-speed internet and support our onboard digitalisation strategy.' Ben Palmer, President, Inmarsat Maritime, said: 'We are proud to continue our partnership with MOL and to deliver NexusWave as an accelerator of maritime digitalisation and, by extension, an enabler of the floating office and floating home. Forward-thinking operators like MOL are drawn to the solution for its performance, robust capabilities, and the confidence that comes from working with a reliable maritime connectivity partner.' Katsuaki Koike, CEO of JSAT MOBILE Communications, added: 'MOL, JSAT, and Inmarsat have been long-term partners, and this collaboration further underscores our commitment to providing cutting-edge connectivity solutions. We are dedicated to supporting MOL's digital transformation journey and look forward ensuring seamless and reliable installations across MOL vessels.' In recent real-world tests, NexusWave achieved download speeds of up to 330–340 Mbps, upload speeds of up to 70–80 Mbps, with average network availability exceeding 99.9%. As part of Inmarsat's commitment to continuous improvement, the forthcoming integration of the next-generation ultra-high capacity, high-speed ViaSat-3 Ka-band network promises to increase NexusWave's aggregated connectivity speeds even further. Contact for media: PR@ About Inmarsat MaritimeInmarsat is a Viasat company and continues to power the digitalisation of the maritime industry. With over 40 years of experience, Inmarsat Maritime offers reliable and innovative solutions that enable ship owners and operators to stay connected, navigate safely, enhance operational efficiency, and ensure crew welfare. Viasat is a global communications company that believes everyone and everything in the world can be connected. With offices in 24 countries around the world, our mission shapes how consumers, businesses, governments and militaries around the world communicate and connect. Viasat is developing the ultimate global communications network to power high-quality, reliable, secure, affordable, fast connections to positively impact people's lives anywhere they are - on the ground, in the air or at sea, while building a sustainable future in space. In May 2023, Viasat completed its acquisition of Inmarsat, combining the teams, technologies and resources of the two companies to create a new global communications partner. Learn more at the Viasat News Room or follow us on LinkedIn, X, Instagram, Facebook, Bluesky, Threads and YouTube. Inmarsat Maritime is based in Viasat's international business headquarters in London, United Kingdom. For further information about Inmarsat Maritime, visit and follow us on LinkedIn. About Mitsui O.S.K. Lines, Ltd. (MOL)Mitsui O.S.K. Lines, Ltd. (MOL), headquartered in Tokyo, Japan, with a history of more than 140 years, is one of the world's largest and most diversified shipping companies. With a fleet of over 900 vessels, MOL offers comprehensive maritime transportation services, including dry bulk carriers, tankers, LNG carriers, car carriers, and container ships. In addition to the marine transportation businesses, MOL group is developing social infrastructure businesses such as wind power generation, logistics, real estate, and BtoC business such as cruise and ferry services. MOL group will meet the evolving social needs including environmental conservation, with innovative technology and services and aims to be a strong and resilient corporate group that provides new value to all stakeholders and grows globally. About JSAT MOBILE CommunicationsJSAT MOBILE Communications Inc., a joint venture company with Inmarsat Maritime and SKY Perfect JSAT, that provides maritime satellite communication services to commercial shipping, fishing vessels, and other offshore platforms. Leveraging advanced satellite technologies and reliable service infrastructure, the company supports safe and efficient maritime operations. JSAT MOBILE is committed to connecting vessels around the world and contributing to the digital transformation of the maritime industry. While the information in this document has been prepared in good faith, no representation, warranty, assurance or undertaking (express or implied) is or will be made, and no responsibility or liability (howsoever arising) is or will be accepted by the Inmarsat group or any of its officers, employees or agents in relation to the adequacy, accuracy, completeness, reasonableness or fitness for purpose of the information in this document. All and any such responsibility and liability is expressly disclaimed and excluded to the maximum extent permitted by applicable law. Coverage as shown on maps is subject to change at any time. Inmarsat is a trademark owned by the International Mobile Satellite Organization, licensed to Inmarsat Global Limited. The Inmarsat logo and all other Inmarsat trademarks in this document are owned by Inmarsat/Viasat group. © Inmarsat Global Limited. All rights reserved.
Al Jazeera
20-03-2025
- Business
- Al Jazeera
Malaysia greenlights new search for missing flight MH370
The Malaysian government has given final approval for a marine robotics company to renew the search for Malaysia Airlines flight MH370, which vanished more than a decade ago. The missing aircraft, with 227 passengers and 12 crew members on board, is believed to have crashed in the southern Indian Ocean. It remains one of the biggest mysteries of modern-day aviation. On Wednesday, Malaysia's Transport Minister Anthony Loke said the cabinet agreed on the terms and conditions of an agreement with Ocean Infinity, a marine robotics company based in the United States which also conducted two previous searches for the Boeing 777, of which the most recent attempt concluded in 2018. 'The government is committed to continuing the search operation and providing closure for the families of the MH370 passengers,' Loke said, announcing the agreement's progress, which he had previously said would span 18 months. Although the finalised deal authorised a payout of $70m to Ocean Infinity, it is on a 'no find, no fee' policy, meaning the company only gets paid upon successfully locating the wreckage. A private search in 2018 by Ocean Infinity found nothing. According to Minister Loke, the new search is estimated to cover 15,000sq km (5,790sq miles) at a new location in the southern Indian Ocean. This follows a previous search conducted by Malaysia, Australia and China, covering 120,000sq km (46,332sq miles) of the southern Indian Ocean. Efforts at the time were based on automatic connection data between an Inmarsat satellite and the plane. The final approval for a new search came three months after Malaysia gave the nod in principle to plans for a new search. After MH370 went missing, investigators found that the aircraft's communication systems were switched off less than an hour into the overnight flight. However, military radars picked up signals indicating the plane turned back across Malaysia, skirted the island of Penang and set course towards northern Sumatra. All 26 countries that joined forces in the search and rescue mission for the missing aircraft produced no results. After weeks of unsuccessful search efforts, the Malaysian government announced that the plane had flown until its fuel tanks were emptied before crashing into the depths of the southern Indian Ocean. Since then, debris believed to be from the doomed flight was discovered washed up along the coast of Africa and some islands in the Indian Ocean. As the search is set to resume after a hiatus of more than five years, grieving loved ones of the passengers of the missing flight had previously demanded compensation from Malaysian Airlines, Boeing, the aircraft's engine maker Rolls-Royce and the Allianz insurance group, among others.
Arab News
19-03-2025
- Business
- Arab News
Malaysia agrees on terms for restarting MH370 wreckage search
KUALA LUMPUR: Malaysia has agreed to terms and conditions of an agreement with exploration firm Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight MH370, its transport minister said on Wednesday. Flight MH370, a Boeing 777, was carrying 227 passengers and 12 crew when it vanished en route from Kuala Lumpur to Beijing in 2014 in one of the world's greatest aviation mysteries. The decision will enable commencement of seabed search operations in a new location estimated to cover 15,000 sq km (5,790 sq miles) in the southern Indian Ocean, based on a 'no find, no fee' principle, Minister Loke Siew Fook said. Ocean Infinity will receive $70 million if the wreckage is successfully located, he said. 'The government is committed to continuing the search operation and providing closure for the families of the MH370 passengers,' Loke said in a statement. The government in December said it had agreed in principle with Ocean Infinity's proposal to resume the hunt for MH370. The firm had conducted the last search for the plane that ended in 2018 but failed on two attempts. Those followed an underwater search by Malaysia, Australia and China in a 120,000 sq km (46,332 sq mile) area of the southern Indian Ocean, based on data of automatic connections between an Inmarsat satellite and the plane. A ship that will look for the missing plane was deployed to its Indian Ocean search zone late last month, ship tracking data showed, even though a deal had yet to be signed with the government. It was not immediately clear how long the search contract with Ocean Infinity would be. Loke had previously said it would cover an 18-month period.
