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Marine Cargo Handling Company Investment Opportunity in Port Moresby, Papua New Guinea

Invest in a business specializing in logistical support for ships and land based provisions.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 48 thousand
Run Rate Sales USD 58 thousand
EBITDA Margin 35 %
Industries Marine Cargo Handling + 1 more
Locations  Port Moresby
Local Time 5:39 PM Pacific / Port Moresby
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.44 million for 20.0% stake (Native Currency: PGK 6,000,000)
Reason: Seeking a local or foreign partner for the expansion of the business to start passenger and cargo fe... View More
Includes physical assets worth USD 21.7 thousand
Interested to connect with advisors
Documents
Business Overview
- Our company specializes in husbandry and chandelling services, catering primarily to the logistical and provisioning needs of the US Military/Navy and other major overseas clients.
- With key international clients, we provide comprehensive support, including naval ship provisions, military logistical support, fuel supply, and tailored husbandry solutions to meet diverse operational requirements.
- We ensure compliance with the intricate rules and regulations of ports worldwide, positioning ourselves as a reliable partner.
- Our chandelling services extend to providing high-quality commodities and provisions, sourced both internationally and locally, ensuring vessels and their crews receive top-tier supplies.
- Looking ahead, next year we plan to launch a passenger and cargo ferry service between the two busiest ports in Papua New Guinea, a route currently underserved.
- This new venture is projected to generate US$40 million in revenue during the first year, with an expected average of US$52.5 million per year over the next five years, primarily driven by cargo transport.
Products & Services Overview
- Husbandry services: Tailored logistical support for naval and military operations, including ship provisions, military fuel supply, and operational solutions.
- Chandelling services: Supplying high-quality commodities, provisions, and necessities for ships and their crew, sourced from both international and local suppliers.
Major clients:
- US Military/Navy and overseas naval operations.
- Commercial and military ships.
Starting next year, ferry transport between the two busiest ports in Papua New Guinea, focusing on cargo and passenger logistics will be provided.
Assets Overview
Physical assets include tents and portable bins.
Facilities Overview
No dedicated facility, we are currently operating off the shipping port of Port Moresby.
We also have a vessel / ship that is currently operating at Tenerife, off Madrid in Spain.
Capitalization Overview
Self-funded.
There are 2 owners holding shares in the business.
No loans or liabilities.
Recent Activity
  • Earlier than 15 days
    Consulting, Port Moresby, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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