Inmarsat wins XpressLink order from Malaysian shipping firm
Satellite communications firm Inmarsat has won an order from Malaysian shipping group MISC Berhad to supply its XpressLink service to 46 of its vessels, comprised of chemical and LNG tankers.
Satellite communications firm Inmarsat has won an order from Malaysian shipping group MISC Berhad to supply its XpressLink service to 46 of its vessels, comprised of chemical and LNG tankers.
XpressLink is "designed to take the maritime customer into the future" by improving ship and shore communications, Inmarsat said. "The XpressLink solution from Inmarsat is a fully integrated and managed combination of VSAT and market-leading FleetBroadband delivering unlimited data availability across the world's oceans."
Captain S Rajalingam, the Vice President of Fleet Management System at MISC Berhad, said that the company compared XpressLink with a number of competitors and it offered the "best value proposition delivery reliable, unlimited data usage on both VSAT and FleetBroadband services."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Frank Coles, President of Inmarsat Maritime, said: "We launched Inmarsat XpressLink in response to the growing need for unlimited high speed communications in the worldwide shipping market. Crew welfare and the need for increased operational efficiency are key drivers in the market, and with XpressLink, we can provide a future-proof communications platform.
"Inmarsat already has a strong relationship with MISC Berhad, and this latest endorsement in the form of a new commitment for XpressLink is very gratifying."
The company said that the agreement has the potential for future opportunities and new deployments with the MISC Group.
By 08:45 on Wednesday, shares were trading 0.36% lower at 549.5p.
BC
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Cash ISAs: why it could be your last chance to grab 5% tax-free savings
Savers using a cash ISA could face a double-whammy of interest rate cuts and tax reforms from April. Should you act now?
By Katie Williams Published
-
Navigating the Trump tariffs
Martin Connaghan and Samantha Fitzpatrick, Co-Managers of Murray International Trust PLC, discuss Donald Trump's tariffs.
By MoneyWeek Published