According to the OECD(Organisation for Economic Co-operation and Development), global trade is dominated by marine shipping, with around 90% of all goods transported by sea, where cellular connectivity is non-existent, making satellite connectivity the ideal solution for the implementation of IoT technologies in the maritime industry.
Vessels in maritime traffic relied on the actual satellite connectivity provided by the geostationary satellites, however as they cover only the fixed areas of the planet, so the actual satellite coverage is not 100% global.
Moreover, their far placement makes the vessel monitoring less efficient than Low Earth Orbit satellites, which come into play to fix this problem. Because without NB-IoT coverage at high sea, trackers and sensors can only record the information, uploading it once the vessels are near shore, when it is already too late to do anything with damaged cargo.
Furthermore, legacy satellite transmission costs for every container are a high addition to a vessel’s already expensive bills, particularly when considering tariffs and port and channel fees.
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