Inmarsat and Fameline Holding Group sign new cooperation MoU

A new Memorandum of Understanding (MoU) has been signed between Inmarsat and Fameline Holding Group (FHG), extending an existing strategic collaboration agreement between the firms with the goal of exploring joint initiatives across the maritime and energy sectors.

“The memorandum of understanding establishes a basis for discussions that we hope will expand what is already a strong relationship between Inmarsat and the Fameline group of companies,” said Damien Staples, Vice President, Wholesale, Inmarsat Maritime.

“We are pleased to see Fameline investing to expand and endorse the group’s strategy for growth, which aligns strongly with Inmarsat’s maritime and energy sector ambitions for always-on connectivity and digitalisation. We look forward to exploring new opportunities under this highly promising MoU framework.”

Headquartered in Limassol, Cyprus, FHG is a network of organisations representing industries including maritime, satellite communications and energy, including satcom service provider One Net. The MoU aims to identify “mutually beneficial areas of cooperation”, bilateral trade opportunities and deeper strategic collaboration between the parties and key shipowners.

“Reaching the agreement with Inmarsat verifies the strong relationship our group companies, especially One Net, have had for more than 20 years. Moreover, it signals the beginning of an effort to intensify collaboration with Inmarsat in new fields throughout the FHG structure,” said Adamos Seraphides, CEO, Fameline Holding Group.

“We aspire to add more value to each other and develop and deliver innovative solutions for the maritime and energy sectors. We are very pleased that our relationship with a market leader such as Inmarsat is entering a new era.”