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Over the last two months, the maritime and offshore satellite connectivity market has been sparked with a bout of merger and acquisition activities, writes Joshua Flood, senior research consultant at Valour Consultancy.

Inmarsat has announced that Rajeev Suri, former Nokia CEO, will join the business and assume the role of CEO and become a director of Connect Bidco, the holding company for Inmarsat, from 1 March 2021. Rupert Pearce will step down as CEO from 28 February 2021.

METIS Cyberspace Technology has refined its cloud-based data acquisition and ship performance reporting solution to offer shipping’s first tool to predict the trade-off between emissions reduction and debt servicing for ships financed under the Poseidon Principles.

Manchester-based tech firm SRO Solutions has signed an agreement with Belfast Harbour to provide IBM’s Maximo asset management software licences, as it looks to increase digitalisation across its operations.

KVH Industries has announced that remote vessel and voyage management platform Smart Ship Hub is now a KVH Watch Solution Partner.

In order to maintain safety in the complex port environment, the Port of Antwerp is deploying an autonomous drone for the first time.

Motion Ventures, the consortium-driven investment fund powered by Rainmaking, has launched today with a S$30M target. Wilhelmsen and HHLA have been confirmed as anchor investors to accelerate start-ups solving maritime value chain hurdles with strategic capital and support.

At the end of last year, the Eastern Pacific Accelerator powered by Techstars announced the nine start-ups joining round two of its technology accelerator programme. As the start-ups prepare to demonstrate their innovations on February 25, 2021, Eastern Pacific Shipping’s (EPS’) special advisor for innovation, Gil Ofer, and managing director of Eastern Pacific Accelerator powered by Techstars, Dhritiman Hui weigh in on how year 2 of the programme is cultivating the next generation of maritime technology entrepreneurs.

Marlink subsidiary Telemar has signed a service maintenance deal with Fairplay Towage to deliver bridge maintenance services across 50 of the company’s vessels.

Wärtsilä Voyage and Ocean Technologies Group (OTG) have agreed to share their expertise and resources via a strategic partnership that will significantly enhance safety and efficiency in the maritime sector.

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Digital Ship magazine provides the latest information about maritime satellite communications technology, software systems, navigation technology, computer networks, data management and TMSA. It is published ten times a year.

 

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