Multimillion dollar contract renewal extends long-standing relationship
31 August 2016 – Teekay, one of the world’s largest marine energy transportation, storage and production companies, has signed a new $4m VSAT upgrade and contract extension with leading global satellite communications provider NSSLGlobal. The new contract enhancement will not only double the bandwidth speeds for both the onboard crew and operational network, but will also provide additional technical managed services to allow Teekay to be able to quickly and confidently roll out new fleet-wide applications. The upgrade will be rolled out in the next few months across Teekay’s fleet of conventional tankers, and LNG Carriers totalling 125 vessels.
From the outset of its long-standing relationship with Teekay, NSSLGlobal has serviced Teekay vessels on a world-wide basis. Over the last few years NSSLGlobal has been growing its sales and service offices in order to be able to support customers such as Teekay in Maritime Hubs globally.
Priya Patel, APAC Regional Sales Director, NSSLGlobal said: “This contract upgrade is in keeping with NSSLGlobal’s broad policy of fostering long-term, partnering relationships with its customers through high quality service provision and joint developments. We have been working in the maritime industry for over 40 years and in the current challenging market environment that the global shipping market is facing our customers, including Teekay, can be confident that they can continue to depend on our support for many years to come.”
Deborah Sloan, Contracts Specialist, Teekay said: “NSSLGlobal is a longstanding communications partner to Teekay. We have a great relationship and we’ve always been extremely satisfied with the service and support that we’ve received. With our contract coming up for renewal both NSSLGlobal and Teekay have worked hard to provide our vessels even greater flexibility, stability, and availability of communication services.”
NSSLGlobal’s VSAT IP@SEA service is a maritime broadband VSAT (DVBS2-RCS2) service for commercial vessels, which combines an extensive Ku- and C-Band coverage with some of the fastest speeds in the industry. Being an independent VSAT operator ensures that NSSLGlobal can offer flexible and tailored solutions around its customers. The service comprises six global teleports supporting 24 satellite beams and two Network Operation Centres to achieve ‘always-on’ connectivity. NSSLGlobal’s experience, technical knowledge with a true 24/7 technical support service, and an in-country service engineering capability, means it can provide a “one stop shop” for any company looking for the best service in the industry.
Along with this wholly owned VSAT network NSSLGlobal also brings together best-in-class satellite solutions from key market providers such as Inmarsat, Thuraya and Iridium, to offer options across C-, L-, Ka- and Ku-Band networks.
About NSSLGlobal
NSSLGlobal is an award-winning independent service provider of satellite communications and IT support, committed to delivering high-quality voice and data services to customers anywhere in the world, regardless of location or terrain.
NSSLGlobal is also committed to supporting customers locally, offering a large infrastructure of offices, service centres and local resellers across all the major continents. All backed by 24/7 Network Operation Centres, which provide nonstop technical support for every customer, whether on sea, land, or air.
In September 2015 NSSLGlobal formed AEROSATCOM, a joint venture created with aeronautical satcom specialist Eclipse, in order to service the rapidly-expanding government airborne satcom market.
In March 2016, NSSLGlobal acquired the majority shareholding in Marine Electronics Solutions Ltd (trading as UK Electronic Solutions Ltd.), a specialist in installation, maintenance, supply and development of communications and navigation products and solutions for the maritime, government, offshore renewables and oil & gas sectors.
For more information please visit www.nsslglobal.com
About Teekay
Teekay Corporation operates in the marine midstream space through its ownership of the general partners and a portion of the outstanding limited partner interests in Teekay LNG Partners L.P. (NYSE:TGP) and Teekay Offshore Partners L.P. (NYSE:TOO). The general partners own all of the outstanding incentive distribution rights of these entities.
In addition, Teekay has a controlling ownership interest in Teekay Tankers Ltd. (NYSE:TNK) and directly owns a fleet of vessels. The combined Teekay entities manage and operate consolidated assets of approximately $13 billion, comprised of approximately 210 liquefied gas, offshore, and conventional tanker assets. With offices in 15 countries and approximately 7,700 seagoing and shore-based employees, Teekay provides a comprehensive set of marine services to the world’s leading oil and gas companies.
Teekay’s common stock is listed on the New York Stock Exchange where it trades under the symbol “TK”.
