South East Asia and Indian Ocean Cable Maintenance Agreement Extended until end 2017

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Singapore, June 2012: Global Marine Systems Ltd, ASEAN Cableship Pte Ltd (ACPL) and Indian Ocean Cableship Pte Ltd (IOCPL) have renewed their submarine cable maintenance contracts in South East Asia and the Indian Ocean. Cable owners have given their approval to extend the existing service until 31st December 2017.

The South East Asia and Indian Ocean Cable Maintenance Agreement (SEAIOCMA) provides submarine cable maintenance spanning an area between Djibouti in the west, Perth in the South, Guam in the East and the northern tip of Taiwan. The agreement provides for repair and reinstatement of submarine cables that carry international telecommunications traffic in the event of cable damage by ship anchors, fishing, tsunami and earthquake. Ships based in Singapore, the Philippines and India are on standby ready to respond within 24 hours in the event of a disruption to telecommunications traffic.

This agreement was first signed in 1986, with uninterrupted service provided by Global Marine and ACPL throughout. It is testament to the respective capabilities and quality of service that the major telecom carriers have elected to extend this twenty-six year relationship for another five years. The cable ships based in Singapore and the Philippines will be upgrading their Remotely Operated Vehicles (ROV’s) in 2013 to provide three metre burial capability. In addition, the Singapore vessel will be re-flagged to address regulatory change in Indonesia.

“Global Marine is delighted to continue to provide our high services to our customers in this region, “said Ian Douglas, CEO at Global Marine. “The award of 3 long-term maintenance contracts to Global Marine in recent months is a testament to our customers’ commitment to effectively protect the submarine cable networks that are so vital to modern communications and their continued faith in Global Marines ability to deliver”.

“ASEAN Cableship is very pleased to continue this partnership with SEAIOCMA”, said Too Shiun Jye, Chief Executive Officer of ACPL. ”We are getting ready for to meet the challenges in Indonesia and are excited about the benefits that this will bring to our customers, in both cost and time to repair. We will continue to bring value to our customers.”

About Global Marine Systems Ltd
Global Marine Systems Ltd. is the largest independent provider of submarine cable installation, maintenance and related engineering services worldwide. For over 160 years Global Marine has been a market leader, operating the world's largest fleet of cable ships and related subsea vehicles, providing cable installation maintenance and related engineering services for the telecommunications industry around the world. The Global Marine Systems has main offices in both the United Kingdom and Singapore with resources throughout Europe, Asia Pacific and the Americas.

Press contacts: John Walters :
Phone: +65 65131300


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