Speedcast Secures Deal With Amptc For Fleet Of Energy Carriers And Tankers
SpeedCast International Limited (SpeedCast), a leading global satellite communications service provider, today announced that it has been awarded a multi-year contract from Arab Maritime Petroleum Transport Company (AMPTC), a leading provider of maritime transport services of hydrocarbon substances in the Middle East region.
- (1888PressRelease) November 14, 2014 - Dubai, U.A.E. - SpeedCast will provide each AMPTC vessel with end-to-end VSAT services that enable corporate networking, Internet access, voice communications, and crew welfare services. The turnkey solution includes network design, equipment, installation, service and 24/7 support from SpeedCast's four global customer support centers. SpeedCast designed the solution from the ground-up, leveraging SpeedCast's global Ku-band network, to meet the specific requirements of AMPTC. SpeedCast will provide satellite network connectivity for AMPTC's entire fleet of vessels
AMPTC specialized in providing maritime transport services for hydrocarbon substances. The company owns and operates a fleet of LPG carriers, crude oil tankers, and product carriers. It was originally established in 1973 by member countries of the Organization of Arab Petroleum Exporting Countries (O.A.P.E.C.). AMPTC operates a total of 10 vessels, with a global range, from its center of operations located in Egypt.
"AMPTC plays a key role in the safe delivery of energy products via its fleet of LPG, oil, and product carriers. We are pleased that they have chosen to partner with SpeedCast for their communication services onboard their fleet," said PJ Beylier, CEO of SpeedCast. "This agreement extends our presence in the energy sector, in the Egypt market, as well as in the larger Middle East/Africa region."
The contract is for an initial three-year period, with the option to extend as and when required for an additional 3 years.
SpeedCast is committed to support the energy sector with its extensive services portfolio and support presence in key energy markets. This deal follows closely after SpeedCast's recent announcement of a new Energy Division and a new Houston Office, headed by industry veteran Keith Johnson, Senior Vice President / GM Energy Division, SpeedCast.
About SpeedCast International Limited
SpeedCast is a leading global network and satellite communications service provider offering high-quality managed networks services in over 60 countries; and a global maritime network serving customers worldwide. Headquartered in Hong Kong, with 14 international sales & support offices and 26 teleport operations, SpeedCast has a unique infrastructure to serve the requirements of customers globally. With over 4,000 links on land and at sea supporting mission critical applications, SpeedCast has distinguished itself with a strong operational expertise and a highly efficient support organization, which are the foundation of SpeedCast's success. SpeedCast is publicly listed on the Australian Stock Exchange under the ticker SDA (ASX:SDA). For more information, visit www.speedcast.com.
About AMPTC
AMPTC was established in 1973 by member countries of the ORGANIZATION OF ARAB PETROLEUM EXPORTING COUNTRIES (O.A.P.E.C.), in accordance with a decree of the Council of Oil of its Member States. AMPTC's mission is to provide maritime transport services of hydrocarbon substances for the benefit of O.A.P.E.C. and its members, as well as, to trade independently in the international market. Operations office is in Egypt.
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