In brief: Ok Tedi Mining suspends operations and other business stories

Welcome,

COVID-19 forces Papua New Guinea’s Ok Tedi Mining to shut operations, PNG Biomass Project decision due in later this year and Mendi Airport completion expected in October. Your business news summarised.

People moves: Oil Search, Steamships, Nambawan Super, Abt Associates

Welcome,

Oil Search CFO designate departs, new legal counsel at Steamships, new CFO at Nambawan Super, new Deputy Director at Abt Associates.

Beyond the pandemic: new Steamships MD sees growth in Papua New Guinea

Welcome,

The new Managing Director of Steamships Trading Company, Rupert Bray, says the company has ‘performed admirably’ during the COVID-19 crisis.

People moves: Papua New Guinea Parliament, Steamships, JJS Holdings

Welcome,

The Papua New Guinea Parliament announces a new Deputy Speaker, JJS Holdings welcomes a General Manager and Steamships to get a new Managing Director.

Women in Maritime cadetship program leads the way in training and diversity

Welcome,

Pacific Towing is a leader in training and diversity. Neil Papenfus, General Manager of Pacific Towing, talks about the company’s cadetship program for women.

In brief: Parliament passes 10 Papua LNG Project Amendment Bills and other business stories

Welcome,

Parliament passes Papua LNG Project Amendments Bills, the Minister for Petroleum announces that the P’nyang gas field project will be a standalone project, and Twinza Oil says it expects the first production of liquids from the Pasca A condensate gas field by 2022. Your weekly digest of business news.

People moves: Cabinet mini-reshuffle, Kina Bank, Steamships, Newcrest, Singapore Government, Port Moresby General Hospital, Bougainville Copper

Welcome,

Papua New Guinea Government names new Ministers, Kina and Newcrest get new COOs, Steamships appoints a director, new Singapore Honorary Consul-General, new head at Port Moresby General Hospital, and an addition to Bougainville Copper board.

People moves: City Pharmacy Limited, MiBank, Steamships

Welcome,

City Pharmacy Limited names new National General Manager and MiBank announces an addition to the MiBank Board.

Steamships managing director looks to growth opportunities

Welcome,

One of Papua New Guinea’s oldest and largest companies is focusing on expanding its hotel and property interests, according to Managing Director, Michael Scantlebury. He tells Business Advantage PNG an uplift in PNG’s economic outlook is providing fresh investment impetus.

People moves: Steamships

Welcome,

Board resignation The Board of Directors of Steamships Trading Company Limited (Steamships) has announced that Peter Aitsi has resigned from the Steamships Board,  effective October 10, 2018. He had served on the board since November 2014. ***