Satellite communications provider Navarino Group acquires Castor Marine B.V.

United Kingdom
16th January 2025

Satellite communications provider Navarino Group acquires Castor Marine B.V.

Navarino has acquired 100% of the shares of Castor Marine B.V., the Dutch shipping and yachting internet connectivity and IT solutions provider, bringing an expanded service portfolio, enhanced global presence and accelerated innovation, driving forward the digital transformation of the maritime industry.

The UK-based Navarino Group offers complete hardware, software and connectivity solutions for the maritime industry, including cyber security, IT managed platforms, bridge and navigation systems. Communications used include Fleet Xpress, Prodigy Air and Ku Band. With a client base of more than 600 shipping companies worldwide, it serves more than 12,000 vessels.

Dimitris Tsikopoulos, CEO of Navarino, said:

Castor Marine, with its HQ in Utrecht, provides reliable satellite communications options for the maritime industry. It offers a comprehensive range of internet and IT services including installation, integration, and real-time monitoring of internet traffic. Connectivity solutions provided include Starlink, OneWeb, Maritime VSAT, Iridium Certus, and Inmarsat Fleetbroadband, to help improve communications and operations onboard, resulting in cost savings, faster results and improved safety. To ensure global coverage, the company owns and operates a global VSAT network with hub equipment in multiple teleports around the globe.

Ivo Veldkamp, CEO of Castor Marine, commented:

The company will continue to operate independently within the Navarino Group, leveraging additional resources to expand its capabilities. Customers can expect uninterrupted service as well as access to an expanded portfolio of solutions.

About Castor Marine About Navarino Group

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