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Castor Marine acquires satellite internet provider SeaVsat

Castor Marine, a leading Global VSAT Network Operator, announced its acquisition of the activities of SeaVsat, a maritime satellite internet provider based in Lelystad, the Netherlands.

Michele Labrut, Americas Correspondent

December 1, 2020

1 Min Read
castor marine (002)
Photo: Castor Marine

SeaVsat provided satellite Internet access to offshore vessels and rigs. Castor Marine is part of Castor Networks, privately owned and has offices in the Netherlands (HQ), Norway and France.

SeaVsat was declared bankrupt on 23 November leaving customers at sea in uncertainty about their Internet connection. With this acquisition Castor Marine ensures continuity of the Internet services ensuring business continuity and taking care of the welfare of people at sea that are affected by this bankruptcy.

The Castor Marine team is currently working 24/7 to migrate the vessels involved to its own VSAT network infrastructure and all SeaVsat Airtime/Connectivity contracts can now be supported by the Castor Marine.

"I am pleased that with this acquisition of contracts we now ensure all SeaVsat customers continuity of the services. The key benefit for the SeaVsat customers is that they now deal directly with a VSAT network operator instead of a reseller of VSAT services. This acquisition strengthens our position in the global maritime connectivity market and at the same time we ensure the welfare of people at sea,” said Ivo Veldkamp, ceo of Castor Marine

“I am pleased to be able to announce that we have reached an agreement with Castor Marine B.V. For many customers, their satellite connection at sea is crucial for their business,” said Elsa Bruggink, SeaVsat Administrator.

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About the Author

Michele Labrut

Americas Correspondent

Michèle Labrut is a long-time Panama resident, a journalist and correspondent, and has continuously covered the maritime sector of Central & Latin America.

Michèle first came to Panama as a press attaché to the French Embassy and then returned to the isthmus as a foreign correspondent in the 1980s.

Author of Seatrade Maritime's annual Panama Maritime Review magazine and of several books, Michèle also wrote for Time magazine, The Miami Herald, NBC News and the Economist Intelligence Unit. She has also collaborated in making several documentaries for the BBC and European and U.S. television networks.

Michèle's profession necessitates a profound knowledge of the country, but her acumen is not from necessity alone, but a genuine passion for Panama.

In 2012 she was awarded the Order of Merit (Knight grade) by the French Government for her services to international journalism and in 2021 the upgrade to Chevalier grade.

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