PNG Ports Corporation Limited (PNGPCL) was launched on November 13, 2006 and has had a few name changes over the years since being established in essence and by virtue of the Harbours Board Act of 1963. It was established as the regulator and licensing authority of general port services at all maritime ports within PNG.
PNGPCL serves the nation’s needs for the transportation of goods and people and acts as Papua New Guinea’s gateway to the world as the primary national port facilities provider.
It is one of the oldest state owned entities in Papua New Guinea. It is the sole authority over all declared ports in the country and manages 15 of the 23 declared ports in PNG.
Traditionally the core business of PNG Ports was to act as a land lord authority where berthing, pilotage and wharfage services are provided for shipping companies and storage provided for container and generalised cargo transiting through its ports. These ports handle in excess of over 5.8 million tonnes of cargo annually.
In its remodernisation effort the company has begun investing in terminal infrastructures, facilities and people and has undertaken customer care approach to establish relationships and work closely with customers and business partners and key stakeholders to provide quality services.
With the completion of the Lae Tidal Basin Project in 2014 and the initial implementation of the Port Moresby Port relocation, various Public-Private Partnerships are being investigated. Included in the modelling is the potential separation of Lae and POM Ports into two separate subsidiaries. This exercise will enable IPBC to determine the most suitable modality for the port operations to enhance operational efficiency and deliver the services required.
Learn More: http://www.pngports.com.pg/
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