Marine Cargo Handling Company Investment Opportunity in Port Moresby, Papua New Guinea
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 |
- 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.
- 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.
We also have a vessel / ship that is currently operating at Tenerife, off Madrid in Spain.
There are 2 owners holding shares in the business.
No loans or liabilities.
-
Earlier than 15 daysConsulting, Port Moresby, Financial Consultant connected with the Business