Page 34 - Islands Business September 2023
P. 34

Shipping                                                                                                                                                                                                 Shipping


                         PORT INVESTMENTS AND

                                CONTAINER SAFETY

                                             A REGIONAL WRAP


          In Papua New Guinea, Steamships recently acquired   to undertake port construction, repair and maintenance at
         Motukea North, a significant milestone in its plans to develop   Tinian Port from 2025. The project concept—which is still
         a 38-hectare site to the north-west of Motukea Wharf into   making its way through US and CNMI processes—includes two
         Portside Business Park.                             warehouse facilities; hardening and repairs to the four berths;
          “We see the Portside Business Park precinct as the future   dredging the harbor to 28 ft; removal of a finger pier and
         industrial and commercial hub for Port Moresby. Steamships   installing two mooring buoys outside the harbor. The must
         is proactively working with the respective PNG Government   substantial aspect of the project concept is the repair of the
         agencies to have Portside Business Park become a Special   entire breakwater structure to protect the port area.
         Economic Zone. This industrial park has the potential to    “A rebuilt Tinian Port is a stronger support facility
         become the catalyst for economic development in both the   consistent with the vision of our Covenant,” said Governor
         resource and non-resource sectors,” said Steamships Managing   Arnold I. Palacios.
         Director, Rupert Bray.                                Commonwealth Ports Authority Executive Director,
          The Park will have an industrial zone with a wharf and   Christopher Tenorio called the agreement monumental,
         open-yard storage; a light industrial zone with warehouses   saying: “We will have a modern, functioning Tinian Port for
         and offices; and a commercial retail and tourist zone. Total   our community and for our strategic partnership with the
         investments in the Park are projected to exceed PGK1 billion.  United States for national security.”
          Still in Papua New Guinea, PNG Ports Corporation has posted
         a K83 (US$22.63) million profit for the 2020 fiscal year, and
         paid a dividend of more than K21 (US$5.74) million to the
         government. At the cheque handover in May, Chairman Kepas   Lautoka Port in Fiji has joined the Sea Container Hygiene
         Wali said: “The profit and dividend payment is the result of   System (SCHS), which is expected to reduce delays and costs
         stringent cost-cutting measures and strategic decisions that   associated with exports from the port. Under the SCHS, sea
         management had to make.”                            containers are cleaned at recognised facilities before being
          He said while PNG Ports was hit hard after the closure   transported to the port for hygienic storage until they are
         of borders and travel restrictions related to COVID: “Cargo   loaded in compliance with the required protocols. When
         volumes are picking up but very slowly, and revenue is   working well, the system can reduce the need for external
         fluctuating but this is being managed well. We are seeing   sea container inspections upon arrival to as low as 5%, saving
         positive outcomes and hope to maintain this going forward.”  exporters money and reducing the risk of inadvertently
                                                             shipping pests such as the Giant African Snail around the
                                                             region. Suva Port is already part of the SCHS scheme, as is
                                                             Solomons Ports, PNG’s Port Moresby and Lae Ports, Apia Port
          In Guam, the Joint Region Marianas Chief-of-Staff Capt.   in Samoa and Nuku’alofa in Tonga.
         Michael Smith and other military officials broke ground at the
         site of the Mike and November wharves in August.
          It signifies the start of a US$138 million project to repair
         and modernise the 75-year-old wharves.                Marshall Islands has been one of the key proponents of a
          US Naval Base Guam (NBG) Commanding Officer Capt.   thwarted push to reduce global greenhouse gas emissions in
         Michael Luckett observed at the groundbreaking, “I’ve seen   the shipping industry to net zero by 2050.
         the growth in the mission out here and the huge demand that   And the nation took another  step forward in its own
         has been placed on port facilities and port operations here   journey to net-zero in June with the keel laying ceremony for
         to support our Navy, as well as our partners and allies in the   a supply vessel in Geoje Island, South Korea.
         region.                                               Marshall Islands aims to cut GHG emissions by 40% below
           “This project is absolutely critical to improving our   2010 levels by 2030 and achieve full decarbonisation of the
         capacity and capability to support the fleet. We are the   sector by 2050.
         busiest Navy port in the Western Pacific and the third busiest   The vessel currently under construction in Korea will
         port in the entire Navy.”                           provide a trading, research and training platform.
                                                               “The keeling would be the start of the paradigm shift from
                                                             conventional driven, solely engine propelled ships to a new
                                                             generation of vessels for our islands in the larger Pacific
          Meanwhile in CNMI, the US Department of Defense aims   Region,” Ministry of Foreign Affairs and Trade, Minister Kitlang
                                                             Kabua said at the ceremony.

        34 Islands Business, September 2023
   29   30   31   32   33   34   35   36   37   38   39