Steamships Trading Company has enjoyed strong growth across its Papua New Guinea logistics operations in the past year – and is actively positioning for the next phase of the country’s development. Its new General Manager of Marine Logistics, Alistair Skingley, tells Business Advantage PNG what’s driving the momentum – and shares details on the ‘transformation program’ that’s simplifying the group’s offering to the market.
Beyond a unique set of immediate challenges, investors have a growing number of reasons to be optimistic about the outlook for Papua New Guinea.
Renovations and upgrades are well underway across Steamships Trading Company’s extensive hospitality portfolio, which includes Papua New Guinea’s largest hotel chain, Coral Sea Hotels. The new head of its hospitality division reveals the key changes and explains what’s driving the investment.
Steamships continues to invest heavily in the Portside Business Park development, while also eyeing opportunities in other areas of Papua New Guinea such as Mount Hagen and Lae, as the head of its property division, Alan Heyns, tells Business Advantage PNG.
Papua New Guinea’s two main international ports enjoyed a strong year in 2025. Capital spending programs are focused on adding capacity in order to prepare for further economic growth, sector leaders tell Business Advantage PNG.
New CEO for CPL Group, new chairman at Nasfund, new division head at Steamships Hospitality, board member retires at Santos.
Restructure at Steamships Logistics, new CEO at Air Niugini, new acting CEO at TISA Bank, new COO at NiuPay, new Executive Director Institutional at ANZ PNG, new National Operations Manager at Joint Venture Port Services and more.
The total return profile on PNGX, Papua New Guinea’s national stock exchange, remained one of the strongest in the world last year, as JMP Securities’ Lars Mortensen notes in this exclusive analysis for Business Advantage PNG.
New Bank of Papua New Guinea Chair, new Acting Commissioner General at IRC, NBC CEO stands down, new Group Legal Counsel at Steamships, new board chairman at CTSL.
While the timing of a final investment decision on Papua LNG remains uncertain, Papua New Guinean businesses are busy preparing for an announcement. Business Advantage PNG reports.