Tag Archives: MAR

PR Newswire

Seadronix Disrupts Maritime Technology with Groundbreaking AI Model

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SEOUL, South Korea, July 30, 2024 /PRNewswire/ — Seadronix, a leader in AI-enabled autonomous ship navigation solutions, has announced the release of a groundbreaking white paper on artificial intelligence (AI) for marine object recognition. This innovative research introduces the VaDA (Vertical and Detail Attention) model, an advanced AI technology designed to recognize objects in challenging marine conditions, such as light reflections, interference, and adverse weather.

Example of benchmark dataset introduced in the white paper. Using the VaDA AI model, detailed segmentation of objects allows for accurate recognition of ships, terrain, and the sea surface.
Example of benchmark dataset introduced in the white paper. Using the VaDA AI model, detailed segmentation of objects allows for accurate recognition of ships, terrain, and the sea surface.

The VaDA model represents a significant technological breakthrough for Seadronix, the result of years of diligent work by researchers collecting and analyzing real operational data from the maritime industry, where data acquisition is notoriously difficult. VaDA’s development involved an unprecedented amount of real-maritime data, achieving state-of-the-art performance in terms of both accuracy and cost-effectiveness.

In a landmark move for the marine AI industry, Seadronix has also introduced the OASIs (Ocean AI Segmentation Initiatives) dataset, the first benchmark dataset of its kind. This initiative is set to transform the industry by providing a new standard for comparing AI technologies in object recognition, addressing a critical gap in maritime AI development.

Seadronix plans to showcase its key technologies, including the VaDA model and sensor fusion, at two prestigious international conferences: the IEEE/RSJ International Conference on Intelligent Robots and Systems (IROS) and the International Conference on Maritime Autonomous Surface Ships. By presenting at these events, Seadronix aims to cement its position as a global leader in maritime AI.

“The release of the OASIs benchmark dataset marks a significant milestone in the advancement of AI technology,” said Hankeun Kim, Chief Technology Officer of Seadronix. “We are committed to continuously driving innovation and development in the maritime AI sector.”

The introduction of object recognition AI technology is crucial for enhancing navigation assistance, safety, and ship automation. This technology is essential for autonomous navigation research, as it can detect and classify all objects at sea, from small buoys to large vessels and geographical features. Seadronix’s AI capabilities set a high standard in the industry.

Seadronix’s specialization in developing AI technology for marine environments, previously deemed impossible, positions the company as a leader in the digital transformation of the global shipping and port sectors. This innovation is poised to revolutionize autonomous navigation and serve as a game-changer in the industry.

PR Newswire

Ampotech joins Coastal Sustainability Alliance to Support Decarbonization of Maritime Sector

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SINGAPORE, April 25, 2023 /PRNewswire/ — Singapore-based energy technology startup Ampotech is bringing its internet of things enabled energy management technology to the maritime sector. On 25 April 2023, Ampotech was one of 11 new members signing a Memorandum of Understanding to join the Coastal Sustainability Alliance (CSA).

Coastal Sustainability Alliance
Coastal Sustainability Alliance

CSA, launched in 2022 and helmed by Kuok Maritime, is an alliance dedicated to decarbonizing Singapore’s marine industry by developing electric vessels, charging infrastructure and power management systems, as well as coastal logistics optimization solutions. The 18 member CSA expects to invest over S$20 million into various sustainability efforts over the next ten years with the aim of a 50% reduction in vessel carbon emissions and 20% in marine traffic by 2030.

“The Coastal Sustainability Alliance’s efforts to build the next generation coastal logistics ecosystem has progressed to plans. The alliance is excited to contribute in incubating our local start-ups. Ampotech’s research initiatives will reinforce the efficiency and reliability of our PXO vessels. We will provide them with our full support to achieve our common goals.” Victor Yeap, Senior General Manager, PaxOcean.

As one of the new technology providers in CSA, Ampotech expects to work closely with fellow members PaxOcean, M1, GenPlus, and ST Engineering to track and optimize the energy use of the battery-powered PXO e-tug and e-supply vessels, which will be the first and largest locally designed, built, and deployed boats to be in operation in Singapore.

“Our energy management technology is proven for on-shore applications in commercial and industrial buildings, and we are excited to have the opportunity to bring those capabilities into the maritime sector with CSA to have a larger impact” said Ampotech CEO William Temple.

About Ampotech

Ampotech Pte Ltd is an energy technology company based in Singapore that develops internet of things (IoT) hardware and AI-enabled software to help businesses collect, analyse, and integrate building and machine electricity usage data for sustainability reporting, benchmarking, automation, and facilities management. Ampotech’s products and software are trusted by industry leaders in the energy and real estate sectors, with thousands of devices deployed in commercial, residential, and industrial buildings. Ampotech has been recognized as one of the top climate tech companies in Southeast Asia, and has won awards for its technology and impact in the built environment sector. For more information, please visit www.ampotech.com.

PR Newswire

New market update: February 2023

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Concordia Maritime has published a new market update

GOTHENBURG, Sweden, Feb. 3, 2023 /PRNewswire/ — The report is available at www.concordiamaritime.com. In addition to commentary from CEO Erik Lewenhaput, it also contains data and statistics regarding both tanker rates, ship values and the development of the global product tanker fleet, as well as data about the demand for oil and development of inventory levels.

For more information, please contact:
Erik Lewenhaupt 
CEO, Concordia Maritime AB  
0704-855 188 
erik.lewenhaupt@concordiamaritime.com

The following files are available for download:

PR Newswire

CGTN: Vitality under COVID-19: China’s smart ports aid increased throughput

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BEIJING, Dec. 29, 2022 /PRNewswire/ — China’s Qingdao Port, a subsidiary of Shandong Port Group and the second-largest foreign trade port in east China’s Shandong Province, has seen an increase in anchorage rotations of very large container ships, according to China Media Group.

The port has handled ultra-large container ships more than 300 times. Ultra-large container ships are usually 400 meters long and have a capacity of over 20,000 twenty-foot equivalent units (TEU).

The port has also handled 200-meter-long container ships more than 3,900 times, a 7-percent increase year on year, CMG said.

Handling that much freight under the impact of COVID-19 is challenging, particularly with reduced labor. However, the unloading rate at the Qingdao Port increased by 16 percent from January to November, thanks to the port’s record-setting intelligent system.

The COVID-19 pandemic has greatly impacted the global port and water transportation industry. However, China’s major ports have seen an increase in throughput and made significant progress in digital and intelligent construction, thereby playing a leading role in the intelligent development of ports globally.

Qingdao Port is the world’s first to have an air-track intelligent transporting system capable of handling 1.5 million TEUs annually. The system set a new world record in June for managing as many as 67.76 TEUs in an hour, with an average of 60.18 TEUs per hour, a 14.2-percent jump from its previous record.

China now leads the world in the number of automated terminals, both built and under construction, according to the Ministry of Transport. All the major ports in Shanghai and Tianjin are equipped with automated bridge cranes or tracks.

Coupled with the continuous investment in domestic ports and a large number of high-tech enterprises, the concept and practice of smart port construction have been innovative, Mi Weijian, a professor at Shanghai Maritime University, told Xinhua.

For large corporate ports, such as the Shandong Port Science and Technology Group, in-house cooperation is the key to upgrading existing facilities into a fully automated waterfront container terminal, which helps reduce the overall costs by 70 percent compared with newly built terminals, according to Xinhua.

“Now we have traditional terminals, semi-automatic terminals and fully automatic terminals,” said Wang Yusheng, deputy general manager of the group. “The loading and unloading of a ship can be done in three different kinds of terminals, which maximizes the integration of terminal resources.

Link: https://news.cgtn.com/news/2022-12-28/Vitality-under-COVID-19-China-s-smart-ports-aid-increased-throughput-1g7OLnTDJtK/index.html

PR Newswire

Global Maritime SATCOM Services Growth to be Boosted by Smart Shipping

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Rising demand for broadband connectivity among customers and crew members drives several segments of the maritime industry to adopt SATCOM services

SAN ANTONIO, Oct. 31, 2022 /PRNewswire/ — Customers’ and crew members’ rising demand for broadband connectivity drives many segments of the maritime industry to adopt SATCOM services, according to Frost & Sullivan’s recent analysis, Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services. Vessel and ship digitalization, automation, and smart shipping trends further fuel the need for increased connectivity at sea. Due to this, the SATCOM market is expected to reach $2.84 billion by 2030 from $2.44 billion in 2021, an uptick at a compound annual growth rate (CAGR) of 1.7%.

Frost_Sullivan_SATCOM_Maritime_Services
Frost_Sullivan_SATCOM_Maritime_Services

For further information on this analysis, please click here.

“The construction of NGSO (non-geostationary orbit) satellite constellations by market participants to offer services to the maritime industry is changing the dynamics of the maritime SATCOM sector,” said Ehrar Ahamed Shariff, Aerospace & Defense Research Analyst at Frost & Sullivan. “This trend will benefit maritime customers during the next three to five years by providing greater bandwidth, low-latency connectivity, and more SATCOM options.”

Shariff added: “Digitalization is essential for crew connectivity, safety, performance monitoring, and operational efficiency for connected ships and vessels. Further, advancement in maritime SATCOM will enable fifth-generation (5G) coverage at sea, providing ubiquity, lowering the cost of maritime SATCOM service, and improving the value proposition of very-small-aperture terminal (VSAT) services in the maritime sector.”

To reap the benefits of the expanding maritime SATCOM industry, market participants should:

  • Investigate the connectivity needs and spending capabilities of fleet operators, cruise charters, and ship owners to provide tailored SATCOM services that meet their needs while staying within budget.
  • Develop terminals and custom solutions for the marine industry by leveraging their partnership with NGSO and network operators.
  • Consider strategic partnerships and acquire ICT companies that can analyze marine data and cybersecurity companies that can help secure their services.

Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion

Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services

PD6C

Contact:

María Celeste Bailo

Corporate Communications

E: celeste.bailo@frost.com

https://www.frost.com/

PR Newswire

IQAX launches IGP&I approved eBL, COSCO SHIPPING Lines and OOCL already onboard

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IQAX is proud to announce COSCO SHIPPING Lines and Orient Overseas Container Line (“OOCL”) as early adopters of IQAX eBL, which has been given the seal of approval by the International Group of Protection & Indemnity Clubs (“IGP&I”). 

HONG KONG, June 23, 2022 /PRNewswire/ — As a leading innovator of digital solutions for the logistics industry, IQAX Limited has launched IQAX eBL, a blockchain-based, contactless document management digital solution.

IQAX eBL has been approved by IGP&I.

Prior to February 2010, the rules of all Clubs of the IGP&I preferred paper documentation and excluded liabilities for cargo carried under electronic documentation. However, since 20 February 2010 liabilities arising in respect of the carriage of cargo under such paperless trading systems were covered, provided that the system had first been approved by the Group. In the 12 years since this date, only 7 other solutions have been approved by the IGP&I for use by its members. The addition of IQAX Limited to the list of approved solution providers is a significant milestone as IQAX joins an exclusive list of electronic bill of lading solutions.

As the latest addition to the list of approved electronic bill of lading solution providers, IQAX leverages GSBN’s independent blockchain technology platform to bring an enhanced level of security, assurance and transparency to IQAX eBL users.

The innovative IQAX eBL offers cargo owners, cargo forwarders, ocean carriers, finance providers and other trade participants a paperless solution to manage original bill of lading digitally with one-click title transfers, surrender for delivery, status updates and history reviews.

The IQAX eBL provides a single source of truth for document authenticity, security and traceability. It allows all parties involved in a shipment to manage their bills of lading entirely online, streamlining operations, cutting costs and increasing efficiency. The IQAX eBL runs on GSBN’s blockchain technology platform, which renders ease of adoption and sets it apart from legacy systems. IQAX eBL enables the issuance, transfer, surrender and visibility of original bill of lading and provides access to real time trade status of electronic bill of lading and cargo transportation. (Further details can be found on the company’s website at: https://www.iqax.com/en/solutions/ebl/ .)

IQAX eBL is the first electronic bill of lading solution built on GSBN’s blockchain network. This ensures the authenticity of the bill of lading and ensures data privacy and security. IQAX eBL empowers the industry to create opportunities with trade finance, strengthens risk management and improves cost-effectiveness as well as enhancing overall customer experience.

Romney Wong, IQAX’s CEO mentioned that: “IQAX eBL leverages GSBN blockchain technology platform to provide a completely secure digital environment to further facilitate digitalization of documentation processes. With the layers of protection for data privacy and security, IQAX eBL promotes greater connectivity in global trade and of financial institutions, which significantly improves operational efficiency and revolutionising document management not just for carriers, but for the entire shipping ecosystem.”

Despite challenges faced during the Covid-19 pandemic, IQAX eBL has already been successfully adopted by major carriers – COSCO SHIPPING Lines and OOCL. Both COSCO SHIPPING Lines and OOCL validated the solution with their key clients.

“We empowered our clients to process bill of lading online and efficiently worldwide via IQAX eBL, implementing bill of lading management digitally and offering contactless services. We are able to achieve full visibility as all parties can track detailed logistics information, records of bill of lading transfer and bank processing status. This is crucial during the pandemic. The IQAX solution enables seamless integration across the shipping ecosystem and facilitates the efficient operation of global trade.” said Andy Deng, Global Sales Division General Manager at COSCO SHIPPING Lines.

“We received positive feedback from our customers after OOCL adopted IQAX eBL. There are significant improvements on cost saving and operational efficiency. We look forward to continuing the cooperation with IQAX so more customers can enjoy the convenience and security brought by paperless bill of lading while we jointly promote the transition of the whole industry towards paperless operation.” said Michael Xu, Director of Trades at OOCL.

Bills of lading are critical for the efficient operation of global trade – but the traditional paper-based approach can be cumbersome. The adoption of electronic bill of lading solution can bring sustainable benefits for users and the industry as a whole.

ABOUT IQAX

IQAX is a global information technology company that provides intelligent digital transformation solutions using blockchain for enterprises in the logistics ecosystem. Backed by a strong heritage in container shipping, IQAX strives to foster a harmonized and connected global trade environment. As an industry leader, IQAX connects with shippers, freight forwarders, carriers, terminals and financial institutions and empowers them with digitized solutions to meet emerging business challenges throughout the supply chain.

IQAX is an independent technology company wholly owned by Orient Overseas (International) Ltd. (HKEX:0316), one of the largest integrated international transport and logistics companies in the world. 

PR Newswire

ECA Group and iXblue enter exclusive negotiations period to create new European high-tech champion.

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SAINT-GERMAIN-EN-LAYE, France and TOULON, France, March 15, 2022 — ECA Group and iXblue have entered an exclusive negotiations period to bring the two French companies together. Carried out by Group Gorgé, this operation will lead to the rise of a European high-tech industrial champion in the fields of maritime, inertial navigation, space and photonics.

iXblue DriX Uncrewed Surface Vehicle
iXblue DriX Uncrewed Surface Vehicle

Long-standing partners, ECA Group and iXblue benefit from strong technological and commercial synergies. Bringing those two companies together will create a world-class player in the civil and defense sectors. With a unique offer ranging from components to complex systems, the group will provide high performance solutions for critical missions in harsh environments.

"Our two companies share the same culture of innovation, agility and entrepreneurship that are at the heart of each of our DNAs and for which we are both recognized and valued," explains Fabien Napolitano, President & CEO of iXblue. "The new synergies created will not only ensure we keep this DNA but will also strengthen our capacity for innovation by leveraging our complementary expertise. This will allow us to continue to push the technological frontiers and support our customers in their most demanding challenges."

"The joining of our two companies, which will employ over 1,500 people, offers great growth opportunities," rejoices Dominique Giannoni, CEO of ECA Group. "Once combined, our various technological expertise will greatly help strengthen our leadership positions in our markets, while our complementary geographical footprint will enable us to better serve our customers by being closer to them."

About ECA Group

ECA Group is a subsidiary of Groupe Gorgé since 1992, owned at 100%. The company is one of the world leaders in the field of autonomous robotics and integrated systems, particularly in the naval sector. The company provides its customers with the most efficient and technologically advanced solutions in the field of naval, land and air drones. ECA Group also offers innovative technological solutions for the Aeronautics and Space sectors.

About iXblue

iXblue is a global high-tech company recognized worldwide for delivering advanced navigation, photonics and maritime autonomy solutions. From components to systems and comprehensive solutions, iXblue critical technologies are at work in both the civil and defense markets. They meet customers demanding requirements for successful missions in the most challenging environments, from the deep sea to outer space.

iXblue
Marion Seyve
Global Marketing & Communication Manager
marion.seyve@ixblue.com  

ECA Group
Heli Reinikainen
Marketing Manager
reinikainen.h@ecagroup.com

ECA Group A18D Autonomous Underwater Vehicle
ECA Group A18D Autonomous Underwater Vehicle

 

 

 

PR Newswire

OCEANCO LAUNCHES INTO A NEW REALM WITH SUPERYACHT NFTs

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The non-fungible tokens will put enjoyment and experience at the heart of digital ownership

ALBLASSERDAM, Netherlands, March 10 2022 — Oceanco will be reinforcing its reputation as a pioneer in the yachting industry by becoming the first superyacht builder to launch a series of non-fungible tokens, branded Superyacht NFTs. The collection is being created with the philosophy that yachting is about fun and experiences, not just the status that ownership might convey.

 

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"At Oceanco, it is important to push the industry’s boundaries and challenge ourselves to continuously grow," comments Dr Mohammed Barwani, Chairman of Oceanco.

"Entering the world of NFTs felt like a natural progression for Oceanco and we wanted to make sure we offered something unique and exciting. Which is why we are putting fun and engagement at the heart of Superyacht NFTs. We are making the exclusive more inclusive," added Paris Baloumis, Group Marketing Director.

Anchored on the Ethereum blockchain, Superyacht NFTs will grant holders special access to ongoing benefits that are experienced both virtually and in the real world, working alongside likeminded partner brands to bring engaging rewards and activations to its holder community. Pre-registration is currently live for those interested in receiving access to the first drop of NFTs.

The collection of Superyacht NFTs is being designed by Timur Bozca of Bozca Design. The NFTs’ design is based on Esquel, the 105m / 345ft explorer that the two brands previously collaborated on. Each NFT will display a unique combination of design elements, themes and settings, including some rare features to make them even more desirable.

Over time, Superyacht NFT holders will be given the opportunity to boost their tokens through airdrops of collectible add-ons including supertoys and accessories. These will convey additional "money-can’t-buy" benefits to the NFT holders.

A percentage of the revenues from Superyacht NFTs will be donated to charities that align with Oceanco’s drive to protect the oceans.

For more information: www.superyacht-nfts.com.

Contact:
instagram.com/superyachtnfts/

SuperyachtNFTs toy garage
SuperyachtNFTs toy garage

 

 

https://mma.prnasia.com/media2/1763306/Oceanco_Superyacht_NFTs.mp4?_=1
PR Newswire

HHI Group and ABS to collaborate on real-life trials of autonomous ship technologies

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LAS VEGAS, Jan. 9, 2022 — Avikus, Hyundai Heavy Industries (HHI) Group’s subsidiary specializing in autonomous navigation technologies for ships, partners with the American Bureau of Shipping (ABS) to collaborate on real-life trials of autonomous ship technologies.

Avikus, HHI Group’s subsidiary specializing in autonomous navigation technologies for ships, signed an MOU with ABS in Las Vegas to obtain the Approval in Principle (AIP) for the implementation of autonomous ship technologies and collaborate on real-life trials of autonomous ship technologies. (From left: WonHo Joo, CTO of HHI; Kisun Chung, CEO of HHI Holdings; Sungjoon Kim, Head of KSOE's Advanced Research Center; Patrick Ryan, CTO of ABS; John McDonald, Executive Vice President of ABS; and Do-hyeong Lim, CEO of Avikus)
Avikus, HHI Group’s subsidiary specializing in autonomous navigation technologies for ships, signed an MOU with ABS in Las Vegas to obtain the Approval in Principle (AIP) for the implementation of autonomous ship technologies and collaborate on real-life trials of autonomous ship technologies. (From left: WonHo Joo, CTO of HHI; Kisun Chung, CEO of HHI Holdings; Sungjoon Kim, Head of KSOE’s Advanced Research Center; Patrick Ryan, CTO of ABS; John McDonald, Executive Vice President of ABS; and Do-hyeong Lim, CEO of Avikus)

Avikus announced on January 9, 2022, in Las Vegas, where the world’s biggest tech show CES 2022 is taking place that it signed a memorandum of understanding (MOU) with ABS to obtain the Approval in Principle (AIP) for the implementation of autonomous ship technologies.

Kisun Chung, President and CEO of Hyundai Heavy Industries Holdings and Korea Shipbuilding & Offshore Engineering (KSOE), Do-hyeong Lim, CEO of Avikus, and John McDonald is Executive Vice President and Chief Operating Officer (COO) of ABS, attended the signing ceremony.

As a member of the International Association of Classification Societies (IACS), ABS is a maritime classification society that identifies technological suitability and selects the relevant criteria for cutting-edge maritime technology and offshore structures while promoting stable maritime industry development.

With the MOU signed, Avikus starts stage-by-stage demonstration tests for its various solutions including Hyundai Intelligent Navigation Assistant System (HiNAS): Hyundai Intelligence Berthing Assistance System (HiBAS): and Hyundai Intelligent Navigation Assistant System 2.0 (HiNAS2.0), in compliance with the ABS Guide for Autonomous and Remote Control Functions published in July 2021.

Through the tests, Avikus will be capable of obtaining each certificates by stage for its autonomous vessel technologies, while ABS will review the design, regulate testing procedures and verify the implementation for each stage based on the actual operation data of Avikus. From trials of the autonomous technologies in real-life conditions, the joint efforts from the two companies will be an important step in making maritime autonomous operations a practical reality. Lessons learnt from this collaboration will also contribute to the development and improvement of standards and regulations for autonomous technology and operations.

After the successful demonstration of the full autonomous cruising as the first in Korea in June 2021, Avikus plans to jointly demonstrate the autonomous shipping technology with ABS for a transoceanic voyage of a large-scale commercial vessel which is currently under development.

According to Acute Market Reports, a global market research firm, the autonomous vessel and related material and equipment markets are expected to grow by 12.6% annually and reach USD 235.7 billion in its market size by 2028.

"The agreement with ABS holds a great significance as it promotes the technology standardization through the stage-by-stage certification of Avikus’ proprietary technologies. With these commitments, we will contribute to expanding the autonomous vessel market and proactively preoccupy the related markets," Avikus CEO Lim said.

"Autonomous vessels will have a significant role to play in the future of maritime transportation but they will need to be at least as safe as existing vessels. It will take extensive research and development activity, teamwork and sharing of expertise among the leading maritime players to get us there. That’s why this agreement is a game changer, as it unites ABS’ insight with HHI’s expertise to develop practical applications of the technology,"said John McDonald, ABS Executive Vice President and Chief Operating Officer.

Avikus introduced a leisure boat equipped with the full autonomous navigation technology at CES 2022 and presented a future vision of the maritime mobility sector centering on autonomous vessel technology through simulated navigation applying the virtual reality technology.

PR Newswire

KT SAT unveils its new brand of maritime satellite communication targeting South East Asia market

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SEOUL, South Korea, Jan. 5, 2022 — KT SAT(www.ktsat.com), the leading provider of satellite communication service in South Korea unveils its new maritime brand "XWAVE" that stands for the company’s vision of expanding the global market to South East Asia. The brand "XWAVE" reflects the meaning of ‘Express’ and ‘Wave’ having been developed under the willingness of KT SAT that it will provide outstanding maritime communication with the most reliable service quality.

KT SAT launches its new maritime communication brand "XWAVE" with expanded Regional MVSAT coverage from the Bay of Bengal, Indonesia, and the West Sea of Australia to the Indian Ocean
KT SAT launches its new maritime communication brand "XWAVE" with expanded Regional MVSAT coverage from the Bay of Bengal, Indonesia, and the West Sea of Australia to the Indian Ocean

Maritime VSAT is the end-to-end maritime connectivity service with an unlimited high-speed network. Especially Regional MVSAT has been beloved by many customers with its high quality and stable connectivity by using a dedicated Ku-band communication network from the KOREASAT fleet. Based on its extensive experience in the satellite business, KT SAT will keep expanding its market to South East Asia by maintaining the top position in the domestic market at the same time.

KT SAT has prepared the service quality in order to provide more stable and faster connectivity to customers with a deep understanding of their needs for adopting smart ships. This launch of the new maritime brand also reflects the mission of KT SAT to meet customers’ need for extensive service coverage and unlimited data communication in the mobility era.

Due to the launch of its maritime brand, KT SAT managed to expand and strengthen the coverage of R-MVSAT. With this improvement in service coverage, KT SAT now can embrace a total of 40 percent of the growing demand in global maritime data communication from the Bay of Bengal, Indonesia, and the West Sea of Australia to the Indian Ocean. KT SAT also accomplished to distinguished advance in service quality by migrating traditional L-band MSS (Mobile Satellite Services) which is a pay-as-you-go service to the unlimited high-speed network (2Mpbs+). KT SAT CEO, Kyung min Song said "South East Asia is a new market for KT SAT which has a great potential to grow 27.5% annually. We will keep developing incomparable value-added services which could support work efficiency as well as secure operation in vessels using our innovative ICT technology".

Both Vessellink and Live TV are the most representative services of KT SAT. Vessellink supports not only efficiency in operation but also intelligent monitoring of vessels through automatic vessel data analysis. Live TV, the world’s first real-time broadcasting service launched in July, 2021 is also expected to give a lot of joy to crews by providing various cultural content like Korean dramas and K-Pop programs.