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Applied Satellite Technology Becomes First Authorized Iridium® GMDSS Service Provider for Liberian Flagged Vessels

Applied Satellite Technology Becomes First Authorized Iridium® GMDSS Service Provider for Liberian Flagged Vessels Iridium Communications Inc. is proud to announce that partner Applied Satellite Technology (AST), a leading provider of maritime satellite communications solutions, has become the first authorized Iridium Global Maritime Distress and Safety System (GMDSS) service provider for Liberian flagged vessels. The Liberian Flag recently approved Iridium GMDSS to be used in all of Sea Area A4 for Liberian vessels, ensuring safety at sea where the alternative satellite GMDSS system does not work. The Liberian Registry has earned international respect for its dedication to flagging the world’s safest and most secure vessels. The Registry has experienced significant growth throughout its history and is recognized as the world’s fastest growing major open registry, with 12% of the world’s ocean-going fleet and over 4,500 vessels, making it the second largest Flag. With the ad

IEC Telecom has become an official Iridium® GMDSS provider | Hellenic Shipping News Worldwide

IEC Telecom has become an official Iridium® GMDSS provider IEC Telecom has signed a partnership agreement with Iridium to become one of the official Iridium GMDSS service providers. For a long time, the GMDSS market was limited to only one satellite technology provider. This has changed with the introduction of the Iridium GMDSS service in December 2020. Offering truly global coverage, Iridium has become the only operator providing this type of service for vessels navigating in sea area A4, which includes the polar regions. “Signing this partnership agreement with Iridium synchronises with our strategic vision to provide our customers with a reliable service where and when they need it the most, including the Northern Shipping Routes. The latter have a great potential to become a competitive trade channel in the near future. Cargo traffic in that area has been increasing for the past five years and this trend is here to stay,” says Dominique Audion, Group Chief Strategy Offic

Investegate |Aluminium Bahrain Announcements | Aluminium Bahrain: Annual Financial Report

  Q4 2020 and Full-Year 2020 Financial Performance Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), the world s largest aluminium smelter w/o China, has reported a Profit of BD32 million (US$85.1 million) for the fourth quarter of 2020, up by 132% Year-over-Year (YoY) versus a Profit of BD13.8 million (US$36.7 million) for the same period in 2019. The Company reported Basic and Diluted Earnings per Share of fils 23 for Q4 2020 versus Basic and Diluted Earnings per Share of fils 10 for the same period in 2019. The Total Comprehensive Income for Q4 2020 stood at BD32.9 million (US$87.7 million) versus Total Comprehensive Income for the fourth quarter of 2019 of BD13.8 million (US$36.7 million) - up by 138% YoY. Gross Profit for the fourth quarter of 2020 was BD60.1 million (US$159.9 million) versus BD44.8 million (US$119.1 million) in Q4 2019 - up by 34% YoY.

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