By Dale Wainwright, Singapore

Singapore’s BW Group has expanded into the fibre-optic cable market with the acquisition of a New Zealand-based company specialising in the sector.

The Andreas Sohmen-Pao-led shipowner has bought Hawaiki Submarine Cable Ltd Partnership and International Connectivity Services Ltd for an undisclosed fee.

Headquartered in Auckland, Hawaiki operates a network of submarine cable systems linking nations in the Pacific Ocean.