Brent Bruun, executive vice president of mobile broadband for KVH
Industries, Inc., (Nasdaq:KVHI) and Mike Mitsock, the company’s
vice president of marketing, told an audience of invited guests at
the Posidonia maritime conference in Athens, Greece, yesterday that
the market needs to face up to the realities of how 24/7
connectivity between ship and shore is a real business necessity,
and is no longer a “nice to have,” especially with the intense
competition in today’s shipping economy.
Mr. Bruun outlined how satellite communications can
provide real value to ship operations in one of the most
challenging periods in maritime history. “The KVH ‘Power of One™’
approach holds tremendous value and promise for the maritime
world,” Mr. Bruun noted. “While satellite communications tend to
account for less than one percent of ship operating costs, they are
the lynchpin of optimizing the remainder of the operating cost
equation.” KVH operates the mini-VSAT Broadbandsm network, which
provides global connectivity to thousands of vessels worldwide.
Mr. Mitsock cataloged the major areas for potential operating
cost savings and the role of KVH and its partners in focusing on
big data to address each area. “The optimization of significant
operational costs, such as fuel, through such measures as route
planning and engine maintenance, can lead to sustainably lower
overall costs,” said Mr. Mitsock.
Citing an example from MISC Berhad, a leading Malaysian ship
operator, Mr. Mitsock described further evidence of operational
cost reductions. The ship operator recently credited improvements
in maritime training supplied by Videotel™, part of KVH Industries,
with contributing to a 10% saving in dry-docking costs and a 9%
reduction in MISC Berhad’s vessel operating costs.
Connectivity is also a significant factor in crew retention, Mr.
Mitsock said, using evidence from a Crew Connectivity 2015 Survey
report by Futurenautics, which stated that “73% of respondents said
that the level of crew communications services provided onboard did
influence their decisions about which shipping company they worked
for.”
According to Mr. Bruun, shipowners and shipmanagers are
realizing that transferring volumes of shore-to-ship data or
multimedia content on a daily basis is made practical and
cost-effective by using KVH’s efficient multicasting service,
IP-MobileCast™. The content delivery service allows mini-VSAT
Broadband customers who subscribe to receive news, sports, and
entertainment content with no data transmission costs.
“KVH is the one company delivering a total solution for maximum
business performance and flexibility,” said Mr. Bruun. “Our
solution gives users global onboard connectivity, licensed content,
affordable content delivery, communications hardware, and network
management, all backed up with a comprehensive global service and
support program.”
Note to Editors: For a copy of the KVH Posidonia presentation,
please contact Jill Connors or Phil Page. For more information
about IP-MobileCast and KVH’s complete maritime solution, please
visit the IP-MobileCast website, www.ipmobilecast.com, and the
mini-VSAT Broadband website, www.kvh.com/one. For a KVH company
overview, please view the movie “KVH – Innovation that Enables a
Mobile World” at https://youtu.be/m9Aq8sakzes. High-resolution
images of KVH products are available at the KVH Press Room Image
Library, www.kvh.com/press-room/image-library.
About KVH Industries, Inc.
KVH Industries, Inc., is a leading provider of in-motion
satellite TV and communications systems, having designed,
manufactured, and sold more than 200,000 mobile satellite antennas
for applications on vessels, vehicles, and aircraft. KVH is also a
leading news, music, and entertainment content provider to many
industries including maritime, retail, and leisure. Videotel, a KVH
company, is a market-leading provider of training films,
computer-based training and e-Learning. KVH is based in Middletown,
RI, with research, development, and manufacturing operations in
Middletown, RI, and Tinley Park, IL. The company’s global presence
includes offices in Belgium, Brazil, Cyprus, Denmark, Hong Kong,
Japan, the Netherlands, Norway, Singapore, and the United
Kingdom.
KVH, Power of One, Videotel, and IP-MobileCast are trademarks of
KVH Industries, Inc. mini-VSAT Broadband is a service mark of KVH
Industries, Inc.
For further information, please contact:
Jill Connors, Media Relations & Industry Analyst Manager
KVH Industries, Inc.
Tel: +1 401-851-3824
jconnors@kvh.com
or
Phil Page, Elaborate Communications
Tel: +44 (0) 1296 682104
ppage@elabor8.co.uk
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