Fisheries

Frabelle continues expansion plans in Papua New Guinea fisheries sector

An expanded wharf, increased tuna output, boat replacements and a new blast freezer are part of tuna processor Frabelle’s development plans. But reducing costs is also important, as Frabelle’s Melinda Ragudos tells Business Advantage PNG.
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Lack of import controls harming Papua New Guinea’s fishing industry says Fishing Industry Association’s Celso

Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Managing Director of R D Tuna Canneries in Lae. He believes a lack of control over imports is harming the local industry.
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Papua New Guinea’s long-awaited Pacific Marine Industrial Zone launched

Eleven years after the Papua New Guinea government's National Executive Council approved the scheme, the Pacific Marine Industrial Zone (PMIZ) in Madang Province has finally been launched, with local business leaders saying it will reduce freight costs, speed up transport and reduce congestion at Lae’s wharves.
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In brief: Moves to reduce internet charges and other business stories

New technology may reduce internet charges, Vanuatu assesses cyclone damage and Newcrest buys Wamum gold project. Your weekly digest of the latest business news.
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In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
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Analysis: Pacific governments need to tighten regime for foreign tuna fleets

The Parties to the Nauru Agreement (PNA) agreed at its meeting in Honiara in March 2014 to set limits on tuna catches. Sean Dorney argues Pacific governments now need to address illegal fishing, an errant European Union, and the threat posed by subsidised foreign fishing fleets.
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