Keppel Acquires Subsea Firm Global Marine Group
Submarine Telecom Forum | March 10, 2025
Keppel Infrastructure fund (KIF) has acquired a 100 percent stake in the cable laying and repair company, Global Marine, from J.F Lehman & Company.
Global Marine operates a fleet of six vessels, which provide maintenance and installation services for subsea fiber optic cable networks.
The company has a “strong record” of contract renewals with telcos, hyperscalers, and global equipment suppliers.
Last year, Keppel was reportedly discussing plans for new subsea cables between Vietnam and Singapore.Keppel Data Centres operates around 23 data centers across 13 markets.