HANSA 04-2018
Aktien & Börsen | Marktkompass Offshore | Wasserbau & Planungsrecht | Datenbrillen im Schiffbau | COMPIT 2018 | Fährschifffahrt | Arktische Schifffahrt | Hafnia
Aktien & Börsen | Marktkompass Offshore | Wasserbau & Planungsrecht | Datenbrillen im Schiffbau | COMPIT 2018 | Fährschifffahrt | Arktische Schifffahrt | Hafnia
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Schiffstechnik | Ship Technology<br />
Opening up airtime<br />
Marlink has been busy in 2017 with mergers and acquisitions that are set to make them a main<br />
contender in the maritime communications market for the future, writes Samantha Fisk<br />
One of the modern aspects that are becoming<br />
a »norm« for the shipping<br />
industry is the use of internet onboard<br />
vessels. With new technologies being developed<br />
that are reliant on the internet<br />
for transfer of data from ship-to-shore<br />
and the use of internet by crew personnel<br />
onboard, the market for communications<br />
is opening up with new demands<br />
on the horizon.<br />
Catering for the demand of internet<br />
access, whilst still facing financial pressure<br />
from the downturn in other markets<br />
has opened up companies to consolidation.<br />
Erik Ceuppens, CEO of Marlink, explains<br />
about the fragmented market that:<br />
»Yes the market is fragmented, but in maritime<br />
this has always been the case. In<br />
future we will see more consolidation.«<br />
2017 was a »very strong year« for Marlink,<br />
with six companies being brought<br />
onboard the flagship communications<br />
company, doubling its turnover over the<br />
last two years.<br />
Marlink says that with these recent<br />
acquisitions it will help them grow and<br />
develop its product portfolio for future<br />
market demands. Ceuppens explains<br />
that: »Our strategy is not just to expand<br />
the reach of our customer base, but it is<br />
to position Marlink as the leading player<br />
in the different maritime areas.«<br />
Ceuppens also explains that with the<br />
recent M&A developments the company<br />
is looking to strengthen the group with<br />
further acquisitions in the future. However,<br />
he adds that the acquisitions over<br />
the past year and in the future will be<br />
»select decisions«, looking at companies<br />
that will add to the portfolio. The six acquisitions<br />
in 2017 saw company names<br />
such as Telemar, Radio Holland and TNL<br />
brought in to Marlink. Telemar will be<br />
operating under the Marlink name in<br />
<strong>2018</strong>, but will still sell bridge and systems<br />
under the Telemar name as well.<br />
Radio Holland will enhance Marlink’s<br />
airtime activity by taking over the Radio<br />
Holland VSAT MIS customer base. Radio<br />
Holland will still trade under its name as<br />
well as through the Marlink brand. Marlink<br />
is working on a joint venture with<br />
Erik Ceuppens,<br />
CEO of Marlink<br />
TNL, which aims at addressing the needs<br />
of the local market in Greece and Cyprus.<br />
Cyber solutions and new markets<br />
The acquisition of Palantir will bring<br />
Marlink the specialism in digitalisation<br />
and will allow the company to broaden its<br />
portfolio of digital solutions for the market.<br />
»Palantir has been set up as a product<br />
house,« explains Ceuppens. Marlink<br />
has also said that with Palantir<br />
it will also be looking<br />
to develop better cyber<br />
solutions for the<br />
market.<br />
December saw two acquisitions that<br />
of OmniAccess, which looks to have the<br />
deal completed by March, and Livewire<br />
that has been acquired to build upon the<br />
company’s mega yacht portfolio. Marlink<br />
says that a new market segment is<br />
starting to open up for communications<br />
in the mega yacht market, which<br />
is going to be one of its main focus<br />
points. Due, also, to further development<br />
of satellite technology with more<br />
LEO (Low Earth Orbit) systems being<br />
constructed that will also open up airtime<br />
for many customers.<br />
As part of its further growth Marlink is<br />
going to be a launch partner with the Iridium<br />
Certus programme. President Tore<br />
Morten Olsen says that: »We believe that<br />
modern routes are going to be important.<br />
We believe that a system that has multiple<br />
satellites covering the same geographical<br />
area is important and it brings diversity<br />
to the geostationary VSAT system.«<br />
With further demand for digital compatibility<br />
coming in to the maritime industry<br />
from the leisure market and also<br />
business sectors, Marlink believes that<br />
with the foreseen availability of bandwidth<br />
coming in the future there are<br />
further opportunities for the company<br />
to develop in these areas. M<br />
Fotos: Marlink<br />
72 <strong>HANSA</strong> International Maritime Journal – 155. Jahrgang – <strong>2018</strong> – Nr. 4