ICTSI South Pacific operates the international shipping terminals at Lae and Port Moresby (Motukea). In this interview with Nadav Shemer Shlezinger, CEO Robert Maxwell shares how it is investing for PNG’s resources pipeline and anticipated economic growth.
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.
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.
After a challenging 2023, Papua New Guinea’s port and road transport operators are preparing for a significant recovery in demand this year.
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.
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.
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.
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.
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.
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.
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