Leaders in PNG’s shipping sector tell Business Advantage PNG that demand is holding firm. But they acknowledge that high global freight rates and the delay to Papua LNG could get in the way of growth.
ICTSI sees big increase in efficiency at Papua New Guinea’s international ports
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Investments in equipment and processes at Papua New Guinea’s Lae and Motukea international container terminals have delivered results. Robert Maxwell, Chief Executive Officer, ICTSI South Pacific, tells Business Advantage PNG about the changes.
Papua New Guinea’s ports anticipate lift in freight volumes
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After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
More capacity, more efficiency: Papua New Guinea’s ports get a makeover
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Freight volumes into PNG’s two major international ports, Motukea and Lae, were up substantially in 2022. New resources projects and transformative investments look set to drive further expansion.
In brief: K92 gets lease extension for Kainantu mine and other business stories
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Canadian company K92 Mining gets lease extension, PNG DataCo announces cables damaged after the September earthquake have been repaired and Kina Bank changes plans because of the raise in corporate tax. Your business news, curated and summarised.
The shipping forecast: the vision for expanding Papua New Guinea’s ports
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This week saw the announcement of AUD$580 million (K1.45 billion) in financing support from Australia for Papua New Guinea’s ports. PNG Ports’ Managing Director Fego Ota Kiniafa outlines how the money will be spent and how the state-owned entity has managed the challenges of the past year.
Papua New Guinea’s Lae set to become Pacific hub
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Port operator International Container Terminals Services is looking to improve efficiency at Papua New Guinea’s ports, and opening the way for new business opportunities.
People moves: Asian Development Bank, PNG FM, Lockton, Microsoft, ICTSI, OTML
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A new DG at the Asian Development Bank’s Pacific Department, PNG FM names General Manager, Lockton announces Head of Client Solutions Asia Pacific, new comms manager to Ok Tedi Mining and change of leadership at ICTSI South Pacific.
Technology the key to Papua New Guinea ports’ improved efficiency
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Papua New Guinea’s major ports of Port Moresby and Lae have achieved significant efficiencies. In this exclusive interview with Business Advantage PNG, ICTSI Chief Executive Officer Anil Singh outlines the opportunities to grow both ports.
People moves: ICTSI South Pacific, Eastern Highlands
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Departure at ICTSI South Pacific, Eastern Highlands appointment
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