Sale of Hawaiki Submarine Cable to BW Group
In July 2021, Hawaiki Submarine Cable Limited Partnership and International Connectivity Services Limited (“Hawaiki”) entered into a sale agreement with BW Digital Pte Ltd, an affiliate of BW Group Limited, for an undisclosed price.
Hawaiki is a network of submarine cable systems linking Australia, New Zealand, American Samoa, Hawaii and Oregon, on the U.S. West Coast. Being carrier-neutral and independently owned, it offers many service and cost benefits for content and cloud service providers, Telcos, ISPs, and others.
BW Group is a leading global maritime company involved in shipping, maritime infrastructure, and new sustainable technologies. Founded in 1955, BW controls a fleet of over 400 vessels and other floating assets, including oil production, gas import terminals, wind-farm installation, and sustainability-linked investments in solar, batteries, biofuels and water treatment.