Global Marine Group
Global Marine Group News
Keppel Buys Global Marine Group
J.F. Lehman & Company (JFLCO), a middle-market private equity, has through its investment affiliates sold Global Marine Group (GMG) to Keppel Infrastructure Fund (KIF).With a legacy dating to 1850, GMG is one of the leading providers of subsea telecom maintenance and installation services, supporting mission-critical global communications infrastructure.Headquartered in the United Kingdom, the company…
Normand Clipper CSV to Stay with Global Marine Group Until May 2026
Offshore services firm Global Marine Group has extended the contract for Solstad Offshore's construction support vessel Normand Clipper.The contract extension is for three years more, with the vessel now expected to stay with Global Marine Group until May 2026. Global Marine Group will have additional extension options upon the expiration of the firm contract.Global Marine Group will continue to utilize…
CWind Sells CTV Endeavour to Wood Marine
CWind, a provider of project services and crew transfer vessels (CTV) to the offshore wind industry, reports it has completed the sale of its CTV Endeavour to Wood Marine, a port services operator based in Suffolk, U.K.According to CWind, part of the Global Marine Group (GMG), the sale the 18.5-meter catamaran with a maximum speed of 27 knots, is part of the company’s plan to remodel its CTV fleet.“We continuously review the composition of our fleet of over 20 CTVs…
Global Offshore Charters Normand Clipper
Global Offshore, a provider of cable installation, repair and trenching services to the offshore renewables, utilities and oil and gas markets and part of the Global Marine Group, is adding offshore installation and construction vessel Normand Clipper to its fleet. The vessel, on long-term charter from Solstad Offshore, will be operational within the first quarter of this year.The charter gives Global Offshore options for up to eight years.The Normand Clipper is currently being fitted with a 4…
JFLCO Acquires Global Marine Group
British-headquartered specialist provider of submarine cables Global Marine Group (GMG) has been acquired by an investment affiliate of private equity firm J.F.
