Latest Kvh Industries (KVHI) Headlines
KVH Industries' CEO & CFO to Speak at Raymond James Investor Conference
GlobeNewswire - Tue Mar 04, 6:11AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 35 Annual Institutional Investors Conference in Orlando, Florida, on Wednesday, March 5, 2014. The presentation, which is scheduled for 12:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
Crewtoo Social Media Site for Seafarers Exceeds 100,000 Members
GlobeNewswire - Thu Feb 27, 8:53AM CST
Crewtoo, the world's largest online network dedicated to seafarers, has surpassed 100,000 members just 16 months after it was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI). The online network gives seafarers a way to post comments and photographs from their vessels, chat with colleagues on other ships, take part in seafarer-related polls and votes, and keep up with maritime news.
KVH Industries 2013 revenue up 18%
M2 - Mon Feb 24, 8:06AM CST
KVH Industries, Inc. (NASDAQ: KVHI) said its revenue for the fourth quarter of 2013 was USD38.9m, down two percent from the quarter ended December 31, 2012.
KVH Industries Reports Fourth Quarter and Full Year 2013 Results
GlobeNewswire - Thu Feb 20, 6:00AM CST
-- Record full year 2013 revenues; $162.3 million
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
KVH Supports U.S. Customs and Border Protection Programs With SATCOM Order From Global Technical Systems
GlobeNewswire - Tue Feb 18, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has received an order from Virginia-based Global Technical Systems (GTS) to support a 10-year indefinite-delivery/indefinite-quantity (IDIQ) contract for ULAD platforms that will be used in U.S. Customs and Border Protection programs. KVH will provide communications for the platforms via its TracPhone V7-IP satellite communications systems and mini-VSAT Broadband service. KVH has already begun to fulfill the order by delivering the initial shipment of TracPhone V7-IP systems to GTS; there is potential for KVH to supply 144 systems to GTS over a five-year ordering period of a 10-year IDIQ contract.
KVH Industries to Host Fourth Quarter/Year-end Conference Call on February 20, 2014
GlobeNewswire - Thu Feb 13, 8:07AM CST
KVH Industries, Inc., (Nasdaq:KVHI) will announce its financial results for the fourth quarter and fiscal year that ended December 31, 2013, on Thursday, February 20, 2014. In conjunction with the release, the company will conduct its investor conference call at 10:30 a.m. ET, hosted by Mr. Martin Kits van Heyningen, chief executive officer, and Mr. Peter Rendall, chief financial officer.
Encana Delivers on Its Targets in a Year of Change, Well Positioned for 2014
Marketwire Canada - Thu Feb 13, 5:00AM CST
Encana Corporation (TSX:ECA)(NYSE:ECA) concluded 2013 by meeting or exceeding guidance on all of its key operating and financial metrics during a year in which it announced a new President & CEO and launched a bold change in its strategy. Solid results have already been achieved on primary themes of the strategy announced by the company in the fourth quarter, including significant year-over-year increases in liquids production and ending the year with strong cash flow and a strong balance sheet.
KVH Ships 4,000th TracPhone System for Mini-VSAT Broadband Network
GlobeNewswire - Wed Feb 05, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) recently shipped its 4,000 TracPhone terminal for the mini-VSAT Broadband network, adding more than 1,000 units in the past year, and extending the company's market share lead in maritime VSAT service. KVH's mini-VSAT Broadband service has steadily grown in both geographic coverage and network capacity to become the world's largest Ku-band maritime VSAT network. In 2013, the network delivered 370 terabytes of data and 23 million voice minutes to an extensive array of vessels, such as tankers and containerships traveling the world's major shipping routes, fleets in remote fishing grounds, offshore supply vessels in major oil and gas regions, Coast Guard cutters patrolling the U.S. coastline, and luxury yachts on coastal and offshore voyages.
Global Maritime VSAT Market Report, 2016
M2 - Tue Jan 28, 11:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/tr78ws/global_maritime) has announced the addition of the "Global Maritime VSAT Market Report, 2016" report to their offering. One of the main drivers in this market is the need to reduce operational cost. VSAT services help operators in the Shipping industry to reduce their operational costs. Previously, an L-band dial-up connection was the only technology available to provide broadband services to crew members. However, the main drawback of L-band systems is the high cost of data transfer. This resulted in high overall operational cost because vessel operators used high bandwidth applications such as ERP software to transfer large data files. In recent years, the expansion of terrestrial networks, cellular networks, and microwave and satellite coverage in several continents has increased significantly. Although maritime communication has improved over the years, it still lags behind the advanced communication technology used on land. The convergence of voice, video, and data to all-IP networks has simultaneously simplified the users' requirement. However, the users now know that it is possible to connect every device and data source on a ship to a single network, and they expect that solutions should be as simple as their home enterprise solutions. However, the IP revolution has also driven an explosion of new products and services. In recent years, the demand for broadband services in the Maritime industry is increasing rapidly due to the growing adoption of IP-based applications for a seamless connection with the land-based operations. In addition, commercial vessels require high-speed connections to run on-board business, maintain vessel management, and maintenance applications. Further, for retaining crew members, several vessel owners are providing on-board broadband internet connection and VoIP connectivity. Further, the report states that one of the major challenges in this market is the presence of on-board technical issues. For instance, the interruption of VSAT services due to rain fade is one of the major issues faced by maritime VSAT vendors. Rain fade refers to the absorption of microwave radio frequency signals by rain drops, which causes a disruption of network connectivity. The key vendors dominating this market space are: - Comtech Telecommunications Corp. - Hughes Satellite Systems Corp. - STM Networks Inc. - ViaSat Inc. - VT iDirect Inc. - Harris CapRock Communications Inc. - Inmarsat Plc. - KVH Industries Inc. - MTN Satellite Communications Inc. - RigNet Inc. - Vizada Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Technical Specifications 07. Market Landscape 08. Maritime VSAT Market Segmentation 09. Maritime VSAT Service Market Segmentation by Technology 10. Global Maritime VSAT Terminals 11. Maritime VSAT Terminals Segmentation by Technology 12. Geographical Segmentation 13. Buying Criteria 14. Market Growth Drivers 15. Drivers and their Impact 16. Market Challenges 17. Impact of Drivers and Challenges 18. Market Trends 19. Trends and their Impact 20. Vendor Landscape by Maritime VSAT Platform 21. Key Vendor Analysis - Maritime VSAT Platform 22. Vendor Landscape - Maritime VSAT Operators 23. Key Vendor Analysis - Maritime VSAT Platform For more information visit http://www.researchandmarkets.com/research/tr...l_maritime
BMO Harris Bank Study: Majority of Indiana Business Owners Stay Positive About 2014
Marketwire - Wed Jan 15, 8:00AM CST
BMO Harris Bank released a study today that found that business owners in Indiana are optimistic for the prospects for success of their own businesses for the coming year. Ninety-seven percent of Hoosier business owners surveyed feel that their business will either grow or stay at the same level in 2014. Their outlook on the state economy as a whole is also positive, but their outlook on the U.S. economy is mixed.
KVH Doubles Capacity of Global C-band Beams for Maritime VSAT Network
GlobeNewswire - Wed Jan 15, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) is doubling the capacity for two of the three global C-band beams of its mini-VSAT Broadband network, further enhancing the world's most extensive C/Ku-band maritime VSAT network. The increased C-band capacity, which will take effect next month, enhances the mini-VSAT Broadband network's multimegabit service covering all major shipping routes, offshore oil fields, and commercial fishing grounds and serving marine operations and vessels around the globe. KVH plans to continue to grow the C-band capacity as needed to meet demand from its growing customer base and maritime operations applications that are increasingly reliant on broadband connectivity.
KVH Industries' CEO & CFO to Speak at 16th Annual Needham Growth Conference
GlobeNewswire - Mon Jan 13, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 16 Annual Needham Growth Conference in New York City on Tuesday, January 14, 2014. The presentation, which is scheduled for 4:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, http://investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
KVH mini-VSAT broadband systems installed on more than 100 US Coast Guard vessels
M2 - Fri Jan 10, 10:32AM CST
KVH Industries, Inc., (NASDAQ: KVHI) said it has surpassed the 100-vessel mark in its ten-year contract to supply the next-generation satellite communications solution for the US Coast Guard's fleet of small cutters.
KVH mini-VSAT Broadband Systems Installed as Connectivity Solution on More Than 100 U.S. Coast Guard Vessels
GlobeNewswire - Thu Jan 09, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has surpassed the 100-vessel mark in its 10-year contract to supply the next-generation satellite communications solution for the U.S. Coast Guard's fleet of small cutters. To date, KVH's TracPhone V7 systems have been deployed on 105 USCG vessels across eight different classes of cutters, and KVH's mini-VSAT Broadband service has provided 29.2 terabytes of data and more than 835,000 Voice over Internet Protocol (VoIP) minutes. The contract for hardware, airtime, and support was first announced in September 2010.
Global Satellite Communication Market in the Oil and Gas Industry 2014-2018: The Number of UDW Rigs are Expected to Reach 220-230 Units By 2018
M2 - Fri Dec 13, 6:12AM CST
Research and Markets (http://www.researchandmarkets.com/research/h6xltv/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. The analysts forecast the Global Satellite Communication market in the Oil and Gas industry to grow at a CAGR of 5.74 percent over the period 2013-2018. One of the key factors contributing to this market growth is the challenging environment of oil and gas rigs. The Global Satellite Communication market in the Oil and Gas industry has also been witnessing the use of satellite communication for the ultra-deep water exploration. However, the increasing adoption of fiber optics connectivity could pose a challenge to the growth of this market. The key vendors dominating this market space are Harris CapRock Communications Inc., Inmarsat plc., KVH Industries Inc., RigNet Inc., and Vizada Inc. Other vendors mentioned in the report are APT Satellite Company Ltd., C-Com Satellite Systems Inc., DTS Inc., Hermes Datacommunications International Ltd., Hughes Satellite Systems Corp., ITC Global, Inc., Orange Business Services, Singapore Telecommunications Ltd., STM Group, Inc., and Telespazio SpA. Commenting on the report, an analyst from the team said: Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. For more information visit http://www.researchandmarkets.com/research/h6..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
BW Selects KVH mini-VSAT Broadband for LNG and LPG Fleet
GlobeNewswire - Wed Dec 11, 8:09AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has been chosen by BW, a worldwide leader in maritime energy transportation, as the satellite communications solution for its Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) fleet.
KVH Expands Capacity of mini-VSAT Broadband Network in Key Asia-Pacific Region
GlobeNewswire - Tue Dec 03, 7:58AM CST
To serve its growing commercial maritime customer base in the Asia-Pacific region, KVH Industries, Inc., (Nasdaq:KVHI) has doubled the service delivered by the JCSAT-1B satellite, which is part of KVH's mini-VSAT Broadband network. This additional capacity, available as of last month, will support mariners in the Asia-Pacific region, which includes some of the world's busiest shipping routes, and is one of the fastest-growing areas in the world for maritime broadband demand.
KVH Sponsors Unique London Event Highlighting Seafarer Welfare Concerns
GlobeNewswire - Wed Nov 20, 9:10AM CST
KVH Industries, Inc., (Nasdaq:KVHI), a leading provider of maritime satellite television and communications systems, is delighted to support the International Seafarers' Welfare and Assistance Network (ISWAN) as sponsor of a London event this Thursday evening: "Michael Grey, MBE, in Conversation with Rose George". George is the author of the acclaimed book, "Deep Sea and Foreign Going: Inside Shipping, the Invisible Industry that Brings You 90% of Everything", published in September 2013. Grey is a lecturer and former ship master who received the MBE in 2000 for services to maritime safety.
KVH Provides Free Satellite Calls to Philippines for Maritime Customers
GlobeNewswire - Wed Nov 13, 10:58AM CST
The devastation of Typhoon Haiyan has left many Filipino seafarers on vessels around the world desperate for news from home. To help these mariners, KVH Industries, Inc., (Nasdaq:KVHI) has announced that effective immediately all phone calls to the Philippines from vessels using its mini-VSAT Broadband service will be free during this emergency.
KVH Industries' CEO & CFO to Speak at Raymond James Investor Conference
GlobeNewswire - Tue Mar 04, 6:11AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 35 Annual Institutional Investors Conference in Orlando, Florida, on Wednesday, March 5, 2014. The presentation, which is scheduled for 12:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
Crewtoo Social Media Site for Seafarers Exceeds 100,000 Members
GlobeNewswire - Thu Feb 27, 8:53AM CST
Crewtoo, the world's largest online network dedicated to seafarers, has surpassed 100,000 members just 16 months after it was founded by KVH Media Group, part of KVH Industries, Inc., (Nasdaq:KVHI). The online network gives seafarers a way to post comments and photographs from their vessels, chat with colleagues on other ships, take part in seafarer-related polls and votes, and keep up with maritime news.
KVH Industries 2013 revenue up 18%
M2 - Mon Feb 24, 8:06AM CST
KVH Industries, Inc. (NASDAQ: KVHI) said its revenue for the fourth quarter of 2013 was USD38.9m, down two percent from the quarter ended December 31, 2012.
KVH Industries Reports Fourth Quarter and Full Year 2013 Results
GlobeNewswire - Thu Feb 20, 6:00AM CST
-- Record full year 2013 revenues; $162.3 million
Global Satellite Communication in the Oil and Gas Industry 2014-2018: Harris CapRock, Inmarsat, KVH, Rignet & Vizada Dominate the Industry
M2 - Wed Feb 19, 9:48AM CST
Research and Markets (http://www.researchandmarkets.com/research/65mqlk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico. The key vendors dominating this market space are: - Harris CapRock Communications Inc. - Inmarsat plc. - KVH Industries Inc. - RigNet Inc. - Vizada Inc. Other vendors mentioned in the report are: - APT Satellite Company Ltd. - C-Com Satellite Systems Inc. - DTS Inc. - Hermes Datacommunications International Ltd. - Hughes Satellite Systems Corp. - ITC Global, Inc. - Orange Business Services - Singapore Telecommunications Ltd. - STM Group, Inc. - Telespazio SpA. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Scope of the Report 04. Market Research Methodology 05. Introduction 06. Market Landscape 07. Revenue Segmentation 08. In-Service Unit Segmentation 09. Bandwidth Segmentation 10. Geographical Segmentation 11. Buying Criteria 12. Market Growth Drivers 13. Drivers and their Impact 14. Market Challenges 15. Impact of Drivers and Challenges 16. Market Trends 17. Trends and their Impact 18. Vendor Landscape 19. Key Vendor Analysis For more information visit http://www.researchandmarkets.com/research/65..._satellite
KVH Supports U.S. Customs and Border Protection Programs With SATCOM Order From Global Technical Systems
GlobeNewswire - Tue Feb 18, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has received an order from Virginia-based Global Technical Systems (GTS) to support a 10-year indefinite-delivery/indefinite-quantity (IDIQ) contract for ULAD platforms that will be used in U.S. Customs and Border Protection programs. KVH will provide communications for the platforms via its TracPhone V7-IP satellite communications systems and mini-VSAT Broadband service. KVH has already begun to fulfill the order by delivering the initial shipment of TracPhone V7-IP systems to GTS; there is potential for KVH to supply 144 systems to GTS over a five-year ordering period of a 10-year IDIQ contract.
KVH Industries to Host Fourth Quarter/Year-end Conference Call on February 20, 2014
GlobeNewswire - Thu Feb 13, 8:07AM CST
KVH Industries, Inc., (Nasdaq:KVHI) will announce its financial results for the fourth quarter and fiscal year that ended December 31, 2013, on Thursday, February 20, 2014. In conjunction with the release, the company will conduct its investor conference call at 10:30 a.m. ET, hosted by Mr. Martin Kits van Heyningen, chief executive officer, and Mr. Peter Rendall, chief financial officer.
Encana Delivers on Its Targets in a Year of Change, Well Positioned for 2014
Marketwire Canada - Thu Feb 13, 5:00AM CST
Encana Corporation (TSX:ECA)(NYSE:ECA) concluded 2013 by meeting or exceeding guidance on all of its key operating and financial metrics during a year in which it announced a new President & CEO and launched a bold change in its strategy. Solid results have already been achieved on primary themes of the strategy announced by the company in the fourth quarter, including significant year-over-year increases in liquids production and ending the year with strong cash flow and a strong balance sheet.
KVH Ships 4,000th TracPhone System for Mini-VSAT Broadband Network
GlobeNewswire - Wed Feb 05, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) recently shipped its 4,000 TracPhone terminal for the mini-VSAT Broadband network, adding more than 1,000 units in the past year, and extending the company's market share lead in maritime VSAT service. KVH's mini-VSAT Broadband service has steadily grown in both geographic coverage and network capacity to become the world's largest Ku-band maritime VSAT network. In 2013, the network delivered 370 terabytes of data and 23 million voice minutes to an extensive array of vessels, such as tankers and containerships traveling the world's major shipping routes, fleets in remote fishing grounds, offshore supply vessels in major oil and gas regions, Coast Guard cutters patrolling the U.S. coastline, and luxury yachts on coastal and offshore voyages.
Global Maritime VSAT Market Report, 2016
M2 - Tue Jan 28, 11:36AM CST
Research and Markets (http://www.researchandmarkets.com/research/tr78ws/global_maritime) has announced the addition of the "Global Maritime VSAT Market Report, 2016" report to their offering. One of the main drivers in this market is the need to reduce operational cost. VSAT services help operators in the Shipping industry to reduce their operational costs. Previously, an L-band dial-up connection was the only technology available to provide broadband services to crew members. However, the main drawback of L-band systems is the high cost of data transfer. This resulted in high overall operational cost because vessel operators used high bandwidth applications such as ERP software to transfer large data files. In recent years, the expansion of terrestrial networks, cellular networks, and microwave and satellite coverage in several continents has increased significantly. Although maritime communication has improved over the years, it still lags behind the advanced communication technology used on land. The convergence of voice, video, and data to all-IP networks has simultaneously simplified the users' requirement. However, the users now know that it is possible to connect every device and data source on a ship to a single network, and they expect that solutions should be as simple as their home enterprise solutions. However, the IP revolution has also driven an explosion of new products and services. In recent years, the demand for broadband services in the Maritime industry is increasing rapidly due to the growing adoption of IP-based applications for a seamless connection with the land-based operations. In addition, commercial vessels require high-speed connections to run on-board business, maintain vessel management, and maintenance applications. Further, for retaining crew members, several vessel owners are providing on-board broadband internet connection and VoIP connectivity. Further, the report states that one of the major challenges in this market is the presence of on-board technical issues. For instance, the interruption of VSAT services due to rain fade is one of the major issues faced by maritime VSAT vendors. Rain fade refers to the absorption of microwave radio frequency signals by rain drops, which causes a disruption of network connectivity. The key vendors dominating this market space are: - Comtech Telecommunications Corp. - Hughes Satellite Systems Corp. - STM Networks Inc. - ViaSat Inc. - VT iDirect Inc. - Harris CapRock Communications Inc. - Inmarsat Plc. - KVH Industries Inc. - MTN Satellite Communications Inc. - RigNet Inc. - Vizada Inc. Key Topics Covered: 01. Executive Summary 02. Scope of the Report 03. Market Research Methodology 04. List of Abbreviations 05. Introduction 06. Technical Specifications 07. Market Landscape 08. Maritime VSAT Market Segmentation 09. Maritime VSAT Service Market Segmentation by Technology 10. Global Maritime VSAT Terminals 11. Maritime VSAT Terminals Segmentation by Technology 12. Geographical Segmentation 13. Buying Criteria 14. Market Growth Drivers 15. Drivers and their Impact 16. Market Challenges 17. Impact of Drivers and Challenges 18. Market Trends 19. Trends and their Impact 20. Vendor Landscape by Maritime VSAT Platform 21. Key Vendor Analysis - Maritime VSAT Platform 22. Vendor Landscape - Maritime VSAT Operators 23. Key Vendor Analysis - Maritime VSAT Platform For more information visit http://www.researchandmarkets.com/research/tr...l_maritime
BMO Harris Bank Study: Majority of Indiana Business Owners Stay Positive About 2014
Marketwire - Wed Jan 15, 8:00AM CST
BMO Harris Bank released a study today that found that business owners in Indiana are optimistic for the prospects for success of their own businesses for the coming year. Ninety-seven percent of Hoosier business owners surveyed feel that their business will either grow or stay at the same level in 2014. Their outlook on the state economy as a whole is also positive, but their outlook on the U.S. economy is mixed.
KVH Doubles Capacity of Global C-band Beams for Maritime VSAT Network
GlobeNewswire - Wed Jan 15, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) is doubling the capacity for two of the three global C-band beams of its mini-VSAT Broadband network, further enhancing the world's most extensive C/Ku-band maritime VSAT network. The increased C-band capacity, which will take effect next month, enhances the mini-VSAT Broadband network's multimegabit service covering all major shipping routes, offshore oil fields, and commercial fishing grounds and serving marine operations and vessels around the globe. KVH plans to continue to grow the C-band capacity as needed to meet demand from its growing customer base and maritime operations applications that are increasingly reliant on broadband connectivity.
KVH Industries' CEO & CFO to Speak at 16th Annual Needham Growth Conference
GlobeNewswire - Mon Jan 13, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) chief executive officer, Martin Kits van Heyningen, and chief financial officer, Peter Rendall, will be speaking at the 16 Annual Needham Growth Conference in New York City on Tuesday, January 14, 2014. The presentation, which is scheduled for 4:10 p.m., will be simulcast on the Internet and can be accessed via KVH Industries' investor website, http://investors.kvh.com. An audio archive of the presentation will also be available for replay later in the day at the same website address.
KVH mini-VSAT broadband systems installed on more than 100 US Coast Guard vessels
M2 - Fri Jan 10, 10:32AM CST
KVH Industries, Inc., (NASDAQ: KVHI) said it has surpassed the 100-vessel mark in its ten-year contract to supply the next-generation satellite communications solution for the US Coast Guard's fleet of small cutters.
KVH mini-VSAT Broadband Systems Installed as Connectivity Solution on More Than 100 U.S. Coast Guard Vessels
GlobeNewswire - Thu Jan 09, 6:00AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has surpassed the 100-vessel mark in its 10-year contract to supply the next-generation satellite communications solution for the U.S. Coast Guard's fleet of small cutters. To date, KVH's TracPhone V7 systems have been deployed on 105 USCG vessels across eight different classes of cutters, and KVH's mini-VSAT Broadband service has provided 29.2 terabytes of data and more than 835,000 Voice over Internet Protocol (VoIP) minutes. The contract for hardware, airtime, and support was first announced in September 2010.
Global Satellite Communication Market in the Oil and Gas Industry 2014-2018: The Number of UDW Rigs are Expected to Reach 220-230 Units By 2018
M2 - Fri Dec 13, 6:12AM CST
Research and Markets (http://www.researchandmarkets.com/research/h6xltv/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering. The analysts forecast the Global Satellite Communication market in the Oil and Gas industry to grow at a CAGR of 5.74 percent over the period 2013-2018. One of the key factors contributing to this market growth is the challenging environment of oil and gas rigs. The Global Satellite Communication market in the Oil and Gas industry has also been witnessing the use of satellite communication for the ultra-deep water exploration. However, the increasing adoption of fiber optics connectivity could pose a challenge to the growth of this market. The key vendors dominating this market space are Harris CapRock Communications Inc., Inmarsat plc., KVH Industries Inc., RigNet Inc., and Vizada Inc. Other vendors mentioned in the report are APT Satellite Company Ltd., C-Com Satellite Systems Inc., DTS Inc., Hermes Datacommunications International Ltd., Hughes Satellite Systems Corp., ITC Global, Inc., Orange Business Services, Singapore Telecommunications Ltd., STM Group, Inc., and Telespazio SpA. Commenting on the report, an analyst from the team said: Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market. According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment. For more information visit http://www.researchandmarkets.com/research/h6..._satellite About Research and Markets Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
BW Selects KVH mini-VSAT Broadband for LNG and LPG Fleet
GlobeNewswire - Wed Dec 11, 8:09AM CST
KVH Industries, Inc., (Nasdaq:KVHI) has been chosen by BW, a worldwide leader in maritime energy transportation, as the satellite communications solution for its Liquefied Natural Gas (LNG) and Liquefied Petroleum Gas (LPG) fleet.
KVH Expands Capacity of mini-VSAT Broadband Network in Key Asia-Pacific Region
GlobeNewswire - Tue Dec 03, 7:58AM CST
To serve its growing commercial maritime customer base in the Asia-Pacific region, KVH Industries, Inc., (Nasdaq:KVHI) has doubled the service delivered by the JCSAT-1B satellite, which is part of KVH's mini-VSAT Broadband network. This additional capacity, available as of last month, will support mariners in the Asia-Pacific region, which includes some of the world's busiest shipping routes, and is one of the fastest-growing areas in the world for maritime broadband demand.
KVH Sponsors Unique London Event Highlighting Seafarer Welfare Concerns
GlobeNewswire - Wed Nov 20, 9:10AM CST
KVH Industries, Inc., (Nasdaq:KVHI), a leading provider of maritime satellite television and communications systems, is delighted to support the International Seafarers' Welfare and Assistance Network (ISWAN) as sponsor of a London event this Thursday evening: "Michael Grey, MBE, in Conversation with Rose George". George is the author of the acclaimed book, "Deep Sea and Foreign Going: Inside Shipping, the Invisible Industry that Brings You 90% of Everything", published in September 2013. Grey is a lecturer and former ship master who received the MBE in 2000 for services to maritime safety.
KVH Provides Free Satellite Calls to Philippines for Maritime Customers
GlobeNewswire - Wed Nov 13, 10:58AM CST
The devastation of Typhoon Haiyan has left many Filipino seafarers on vessels around the world desperate for news from home. To help these mariners, KVH Industries, Inc., (Nasdaq:KVHI) has announced that effective immediately all phone calls to the Philippines from vessels using its mini-VSAT Broadband service will be free during this emergency.
