Travel & Tourism


Dedicated harbour tug ‘Koranga’ arrived in Port Moresby in June as part of Pacific Towing’s re-fleeting program. Purchased in Singapore, and then despatched to Indonesia for her first project, Koranga will be soon permanently stationed in Lae. Koranga is one of seven Azimuth Stern Drive (ASD) tugs in the fleet, together with five conventional tugs, and nine work boats. Lae Port, PNG’s busiest port, is utilised by an increasing number of larger

World Bank approves three PNG projects worth US$200 million

Three new PNG projects worth a combined US$200 million (around K722 million) have been approved by the World Bank’s Board of Executive Directors. The projects aim to improve roads and transport, child nutrition and protection, and work conditions and mobility. The Australian Government has also pledged additional support for the schemes. Stefano Mocci, Country Manager at the World Bank for Papua New Guinea, said, “Collectively, these new projects will help

Steamships Welcomes Vele Rupa as General Manager Corporate Affairs

Steamships has announced the appointment of Mr Vele Rupa as General Manager Corporate Affairs replacing Mr David Toua who moves on to be Chairman of the Central Bank of PNG and Principle Private Sector Advisor for Abt Associates. Mr Rupa joins Steamships from Mineral Resources Development Company (MRDC) where he was seconded to the State Negotiating Team working on resource projects like Papua LNG, P’nyang, Porgera, Pasca A and more

Inflation may hit seven per cent and persist into next year

According to Robert Maxwell, the chief executive officer of International Container Services Inc South Pacific, Papua New Guinea is forecast to reach 6-7% inflation this year. He said that several consulting and banking entities agreed, and the cost of living would continue to rise this year. This would mean higher costs of living for PNG citizens. Chris Anders, president of the Goroka Chamber of Commerce and Industry, has also warned

PNG Ports to rehabilitate six ports with help from local contractors

The PNG Ports Corporation Ltd (PNG Ports) recently received AU$589 million (around K1.5 billion) in funding from the Australian Infrastructure Financing Facility for the Pacific (AIFFP). The money will be used to rehabilitate six ports – Lae, Daru, Kimbe, Kavieng, Lorengau, and Oro Bay. It will also go toward developing a Highlands inland freight hub. PNG Ports already operates 15 maritime ports in the country. Fego Kiniafa, the company’s Chief

Marape says the government is boosting infrastructure spending across PNG

Prime Minister James Marape has said his government has raised vital infrastructure expenditure across Papua New Guinea. He made his comments while launching the Manus Special Economic Zone (SEZ) and opening the K101.9 million Momote International Airport. Marape said that the boost in spending would benefit all regions of the country. He added that other developments included K10 million being set aside to construct headquarters for the SEZ; the National

Manus companies receive corporate tax relief to stimulate growth

To stimulate growth for the Manus Special Economic Zone (MSEZ) project, PM James Marape has stated that companies operating in Manus don’t have to pay corporate taxes. The prime minister made his comments at the opening of the Momote Airport terminal. He added that the terminal cost K32 million and needed to generate money for the region. The total cost of the terminal’s construction and the airport development was K101.9

Lae’s Nadzab International Airport will be finished in April 2023

The Nadzab Airport Redevelopment project has been making progress with the recent completion of the 1600-metre runway. The project, funded by the Japan International Cooperation Agency (JICA), should be finished in April 2023. According to Satoru Ijiri, the Oriental Consultants Global architect, a further 800-metres of the runway will be renovated before it’s completely operational by the year’s end. Mr Ijiri added that the airport aeronautical ground lights that allow

Kumul Petroleum sponsors Tufi Tapa and Tattoo Cultural Festival with K50,000

Kumul Petroleum Holdings Ltd showed its support for the Tufi Tapa and Tattoo Cultural Festival by presenting a cheque for K50,000 to Michael Uiari, the festival chairman. The sponsorship cheque was presented by Luke Liria, Kumul Petroleum’s Corporate Services Executive General Manager. Mr Liria said the company became a bronze sponsor as part of its CSR responsibilities and to preserve culture and tourism. “Kumul’s support to the Tufi Tapa and

Radisson Hotels Coming to Papua New Guinea – Grand Papua Hotel Joins Radisson Individuals

Coral Sea Hotels has announced an exciting new partnership with Radisson Hotel Group for Grand Papua Hotel to become a member of Radisson Individuals. As a member of Radisson Individuals, Grand Papua Hotel will be integrated into Radisson Hotel Group’s extensive global sales and distribution network. Guests will also benefit from being able to join Radisson Rewards, an industry-leading hotel loyalty program that offers exclusive benefits to millions of guests