Immovaria Real Estate AG (IR1)

Overview

Steamships Trading Company Limited is a multifaceted organization engaged in various business sectors in Papua New Guinea, including shipping, transport, property, and hospitality. The company operates across three main segments, namely Property and Hospitality, Logistics, and Commercial and Investment. Established in 1918, it has grown to become a significant player in the region, offering a comprehensive range of services tailored to the unique logistical and infrastructural needs of Papua New Guinea. Headquartered in Port Moresby, Steamships Trading Company Limited aligns as a subsidiary of John Swire & Sons (PNG) Limited, signifying its integration into a larger network of companies with a broad global outreach. With its extensive fleet, varied service offerings, and strategic divisions, the company caters to a diverse clientele, ranging from manufacturers and wholesalers to sectors like mining, oil, and gas.

Products and Services

• Scheduled Services: Offering regular scheduled shipping services, the company caters to manufacturers, wholesalers, and liner carriers, ensuring efficient and reliable transportation solutions across Papua New Guinea.
• Depot Services: Providing a wide range of depot services, including equipment hire, warehousing, and both bonded and unbonded yard storage, Steamships Trading Company Limited supports businesses with comprehensive logistic needs.
• Short and Long-Term Vessel Charters: Specializing in shallow water river shipping, the company offers flexible vessel chartering options, catering to varied shipping and transport requirements.
• Intermodal Logistics Solutions: Integrating land-based services with traditional shipping, these solutions include road transport, cargo handling, storage, customs clearance, lay down areas, and warehousing, facilitating seamless logistics operations.
• Additional Services: The company expands its offerings to include towage, moorage, salvage, and commercial diving, thereby addressing the specific needs of maritime operations within the region.
• Transport and Heavy Machinery: Operating a fleet that includes prime movers, heavy and light trucks, forklifts, and reach stackers, Steamships Trading Company Limited is equipped to handle the transport of bulk fuel, containerized cargoes, and break-bulk cargoes.
• Customs Cargo Clearance: Providing customs clearance services in major locations such as Lae and Port Moresby, the company facilitates the smooth transit of goods through customs, ensuring compliance and efficiency.
• Project Solutions: Offering tailored project solutions for the mining, oil and gas, and commercial sectors, the company supports complex logistical and infrastructural needs.
• Property and Hospitality Management: Managing hotels and apartments, operating food and beverage outlets, and developing residential, commercial, retail, and industrial properties, the company also excels in providing premium hospitality and property management services.
• Commercial and Insurance Activities: Beyond its core service areas, Steamships Trading Company Limited engages in a variety of commercial and insurance activities, further diversifying its business operations and revenue streams.