New financial year. Options for 'Bed and ISA' |
“We are in discussions with Kenya and Tanzania. We had an inquiry from Nigeria recently, because they’ve got this huge oil theft issue. Bangladesh, the other day, India this morning.” |
billbyrne - nice find |
City AM article
hxxps://www.cityam.com/meet-the-maritime-surveillance-chief-tackling-pirates-smugglers-and-red-sea-ship-attacks-from-sleepy-bath/ |
 Well I suppose you can't blame ExactEarth for using it, but it is very lazy for the fisheries people to claim that it is their estimate.
I think that SRT buys and will buy satellite data from whomever is competitive on quality and price. And ExactEarth have a good product (or had, given the rate of obsolescence and new entrants). SRT buys by geography, so all the transmissions received from a particular area. But the seller doesn't know anything about the encrypted ones, even basic information about the number of vessels transmitting. All they can decypher is a start flag, i.e. that there is an AIS transmission, but not the content. Given that Class A transponders transmit every 2-10 seconds and SRT's encrypted Class B's at whatever rate they decide works for their customer, the satellite provider simply does not know what they are selling to SRT nor what the value might be. Start flags are identical so the number of unique vessels is unknowable by the provider. They also miss many of the Class A signals but get corrupted parts of them which further confuses the picture. |
Does SRT still have any ongoing relationship with ExactEarth? |
Is this where the $23 billion originated from, or is it sheer coincidence? |
It sounds a bit hyped to me. Passenger vessels and cargo vessels will normally be transmitting, execpt maybe oil smugglers. And the different coloured triangles on the AIS identify which sort is which. No need for intelligence, artificial or otherwise.
Where SRT comes in is the provision of encrypted AIS which these systems cannot access. And they are fusing all sorts of data streams precisely to identify bad actors, fishing or otherwise.
As to regurgitating ad nauseam, this $23 billion keeps getting repeated even though the back of the envelope it was on is now lost. I don't know whether it is at all accurate and no-one seems to question it. At one point when Susi was in charge of fishing in Indonesia she was claiming that they alone were losing $23 billion - she must have got muddled, but the dammed number just keeps cropping up regardless of whether it is based on anything reasonable. |
or perhaps SRT could buy the satellite data to expand their surveillance. Low power ATONs with solar panels might enable the sound detection AI to work. No doubt SRT will be aware of opportunities. |
Looks as though new system described in BBC article could make part for the SRT offerings redundant - |
Interesting article about illegal fishing and use of AI to identify fishing activity. |
Thanks goodapple for some “news” ie new information, as opposed to regurgitation ad nausium of what we already know |
While the share price languishes awaiting news of UKEF or other positive contract developments, I offer a little shaft of sunlight from across the Pond.
I mentioned a while back that SRT's new main distributor in the USA has a website which provides daily updates of best selling brands and products.
SRT transceivers have featured fleetingly (yes, yes..) a couple of times over the last couple of months, but this week is the first time they have held on to top spot for a couple of days.
If you check it now you will see Em-trak A200 Class A in pole position.
And next on the grid is a SI-TEX model which is clearly SRT rebranded.
It's just nice to see something dynamic reported in the otherwise silent SRT world. ( Yes it's time for another Gallery photo at least )
So for those still interested - and awake, I offer:
CWRdistribution.com
>Marine Navigation & Instruments > AIS Systems
Enjoy the moment - I did. |
We live in the most dangerous of times, with maritime security being tested all over the planet.Is there a better time to flog systems?I doubt it.So why is it taking so long to monetise the enormous VSP? |
Have you got a link for that source of now worthless information telling coastguards what their boats are doing? I'd be interested to read it. |
Sadly I think the knowledge is power philosophy has been destroyed by the internet-it’s now a very flat earth |
Enforcement is not a 'big elephant in the room' - everyone's known it's an issue for a long time now, as evidenced by earlier discussions on the subject here.
I think it's worth looking at it from the other direction though: which comes first - the knowledge or the power? Ideally they both progress in parallel - knowledge without power is impuissant, while power without knowledge is futile - but as someone who clings to the tired belief that knowledge is power, I think the countries involved are wise to start by better understanding the nature of their problems - something SRT can certainly help with. |
Apart from the working capital issue of rolling out, the big elephant in the room is enforcement.Without it, there is no point.Installation has to be mandatory on all boats-something fishing boats are clearly not keen to do |
C5
I think it would be better if they didn't condense it. SRT simply does not have the balance sheet ratios to cope with that scenario. They would have to raise a colossal amount of money simply to meet those criteria without actually needing it. Furthermore, UKEF doesn't look like they are capable of condensing anything.
It would be better for the Philippines in theory to have everything in place so they could make use of it, but practically there is only one region where it is urgent. They also haven't been able to get transponders on the small number of fishing boats after four or five years, so you have to wonder about the feasibility of any potential timescale - without the transponders to identify vessels, the system is practically useless. |
My understanding is that the PCG is planning 1 billion US dollar spend on MDA. Systems over the next ten years. Just supposing that they take a leaf out of Indonesia and condense delivery over three years but pay for it over ten years, with the help of UKEF. As Lav flags up, the 60 day response requirement from BBM identifies that he is in a hurry. |
Well-spotted Piedro.
Decisions even on Easter Sunday! And 60 days to 'to formulate and issue maritime security guidelines for immediate implementation'. A sense of urgency perhaps?
I suspect that we will be seeing a raft information about what they have decided to do about PCG/AFP modernization as well as the marine domain and awareness of it. Hopefully SRT will be key to that last part. |
Says something but not much ...
Philippines Reshuffles its Maritime Security Command Structure
PUBLISHED MAR 31, 2024 10:54 PM BY THE MARITIME EXECUTIVE
Amid China’s rising aggression in the South China Sea, the Philippines is moving to boost its maritime security through the re-organization of a top coordinating body. ... |
CM reminds me of David Brent
There’s good and bad news-sadly I’m making you redundant but the good news is I’m getting a promotion! |
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