Maritime Digitalisation

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GTT completes the acquisition of Danelec and strengthens its leadership in maritime digitalisation
Globenewswire· 2025-07-31 15:45
Core Insights - GTT has completed the acquisition of Danelec, enhancing its leadership in the maritime digital market [2][3] - The acquisition is expected to have an accretive impact on GTT's earnings per share from the first year and unlock significant growth and synergy potential [3][10] - GTT's Digital division will now support over 17,000 vessels worldwide, providing a comprehensive suite of data and digital solutions [4] Company Strategy - The acquisition marks a key milestone in GTT's strategy to deliver high-value solutions to ship-owners and operators globally [3] - GTT aims to create a unified digital platform by combining Danelec with existing entities like Ascenz Marorka and Vessel Performance Solutions [6] - The Digital division will be structured into two business units: Performance & Monitoring Solutions and Safety & Equipment [6][7] Leadership Changes - Casper Jensen, the former CEO of Danelec, has been appointed as Executive Vice President Digital at GTT and will join the Executive Committee [5][8] - Anouar Kiassi will serve as Senior Vice President of the Performance & Monitoring Solutions unit, while Christian Kock will be Senior Vice President of the Safety & Equipment unit [7] Market Position - GTT positions itself as a leading player in vessel performance management, focusing on safety, efficiency, and decarbonisation solutions [8][10] - The acquisition reinforces GTT's leadership in the rapidly expanding digital maritime market [3][8]
Inmarsat Provides NexusWave to Mitsui O.S.K. Lines to Help Accelerate Onboard Digitalisation Strategy
Globenewswire· 2025-05-22 00:00
Core Points - Inmarsat Maritime has signed an agreement with Mitsui O.S.K. Lines, Ltd. (MOL) to upgrade their fleet from Fleet Xpress to Inmarsat's NexusWave, enhancing digitalisation and connectivity for MOL's vessels [1][3] - The NexusWave service provides multi-layered satellite communications, delivering high speeds, reliability, unlimited data, and global coverage, which are essential for transforming vessels into floating offices and homes [2][3] - Recent tests of NexusWave showed download speeds of 330–340 Mbps and upload speeds of 70–80 Mbps, with network availability exceeding 99.9% [3] Company Overview - Inmarsat Maritime, a Viasat company, has over 40 years of experience in providing reliable and innovative maritime solutions, enabling ship owners to enhance operational efficiency and crew welfare [4] - Mitsui O.S.K. Lines, Ltd. (MOL) is one of the world's largest shipping companies with a fleet of over 900 vessels, offering diverse maritime transportation services and developing social infrastructure businesses [7][8] - JSAT MOBILE Communications is a joint venture that provides maritime satellite communication services, supporting safe and efficient maritime operations and contributing to the digital transformation of the industry [9]