PNG looks to boost trade opportunities with EU

The first ever Papua New Guinea-European Union (PNG-EU) Business Conference is underway in PNG’s Port Moresby on Thursday, June 20, with the South Pacific nation looking to boost trade and investment opportunities between the two sides.

Organized by an EU delegation to PNG, the PNG Business Council and the PNG Investment Promotion Authority (IPA), the one-day meeting is part of PNG Investment Week, which began on Sunday.

One of the main items for Thursday’s agenda is finding new ways to boost...

https://container-news.com/png-boost-trade-opportunities-eu/

SPICT enjoys equipment surge

South Pacific International Container Terminal (SPICT) received a significant equipment-boost ahead of schedule. Three new hybrid rubber tyred gantries (RTGs) will enhance the subsidiary of ICTSI in Lae, Papua New Guinea (PNG).

According to a statement, the ICTSI Group is developing an ongoing program to strengthen and enhance overall operational efficiency at PNG’s leading container terminal. The delivery of the three new RTGs is a part of the improvement plan.

“The investment will reach PGK15.6...

https://container-news.com/spict-enjoys-equipment-surge/