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.
Swire Shipping
Despite global headwinds, Swire Shipping CEO Jeremy Sutton says its investments in ships and people have put the regional shipping powerhouse in a strong position to capitalise on long-term growth in Papua New Guinea’s economy.
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.
Randy Selvaratnam became Chief Commercial Officer for Singapore-based regional logistics provider, Swire Shipping, in June 2024. In this interview, he speaks about the prospects for growth in shipping volumes in and out of PNG, rising freight costs and the move to sustainable biofuels.
There was a change of leadership at Steamships Trading Company on July 1, with Chris Daniells replacing Rupert Bray as managing director. In an exclusive interview, the two share how Steamships is pursuing its long-term growth plans amid a challenging economic environment.
Despite initial concerns about the impact of COVID-19, Swire Shipping’s data shows only a marginal reduction in freight volumes. Alistair Skingley, the company’s Country Manager for Papua New Guinea and the Solomon Islands, tells Business Advantage PNG that the company is upgrading its offerings in the expectation of solid growth in 2021.
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.
Review of Mining Act next year, acting Tax Commissioner warns of criminal action against companies not forwarding taxes to government and wholesale internet prices may drop by two-thirds. Your weekly digest of business news.
Pacific Towing is mirroring its business model in Papua New Guinea and the Solomon Islands in Fiji. The company expects to continue its expansion in the Pacific region and is betting in developing local talent to provide solutions for the industry. Sarah Byrne explores.
Digitisation and automation of the shipping sector will have a big impact on bringing industry in Papua New Guinea into the 21st century, Swire Shipping Country Manager Alistair Skingley tells Business Advantage PNG.
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