Tankers
10/6/2012

Inmarsat Installs 30,000th FleetBroadband on Olympic Future


Inmarsat, the leading provider of global mobile satellite communications services, has announced reaching 30,000 active FleetBroadband™ terminals in service.

This milestone was reached with the installation of a FleetBroadband 500™ on Olympic Future, a Greek-flagged crude oil tanker, by Inmarsat’s distribution partner OTESAT-Maritel. Springfield Shipping, the vessel’s management company, selected FleetBroadband as part of an integrated communications solution developed by OTESAT-Maritel. “This solution is an optimal match for our ICT needs, and we are pleased with the comprehensive service offering and first-class support that we have received,” said a company spokesperson.

Frank Coles, President of Inmarsat Maritime, said, “This is a significant achievement that yet again demonstrates the high regard and continued demand for FleetBroadband in the maritime industry. We have now seen more than 4,000 terminals added to our FleetBroadband installed base since the beginning of the year. Ship owners and managers are attracted to the global reach and reliability of FleetBroadband, and they value the high quality service that they receive from Inmarsat and our partners.”

“OTESAT Maritel has been a leading distribution partner for FleetBroadband since its launch, so we are delighted to have activated the 30,000th terminal and help the service reach this major milestone,” said George Polychronopoulos, CEO of OTESAT-Maritel. “Our partnership with Inmarsat has been very successful, bringing together the technical excellence of Inmarsat services with OTESAT Maritel’s insight into the global shipping market and our high-quality customer service.”

Tankers

Charter rates for the largest oil tankers hauling Middle East crude to Asia rose the most in two weeks amid speculation demand to book vessels strengthened.
High contracting activity in the dry bulk segment continues also this week, with totally 18 ship orders. This includes the order from Eitzen Eco Bulk for up 9 handysize bulk carriers at the private owned Yangzhou shipyard in China. Also Oldendorff is taking advantage of low shipbuilding prices to build up its fleet, latest with declared options for further 2 handysize bulk carriers at Samjin.
Paragon Shipping has placed an order for two 4,800 TEU containerships with Zhejiang Ouhua, China to be delivered in 2014, according to the latest Intermodal Market Report. The price was not disclosed.
A surplus of the largest oil tankers expanded for a second week in the Persian Gulf, the world’s biggest crude-loading region, a Bloomberg News survey showed. There are 19 percent more very large crude carriers available for hire over the next 30 days than probable cargoes, according to the median in a Bloomberg survey of six shipbrokers.




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