Our Company

Our Company

Steamships Trading Company or Steamships, as it is more commonly known, is a diversified leader in shipping, transport, property and hospitality operation in Papua New Guinea.

Commencing operations in 1918, Steamships has been investing in PNG’s growth, development and progress ever since, steadily evolving its business to meet current needs and anticipate the future. The group has been integral to, and part of, PNG’s development into a modern and formative leader within the Asia-Pacific region.

Committed to our people, the sustainability of our operations, and the future of Papua New Guinea, Steamships is pioneering sustainable progress in PNG for the next generation of stakeholders.

Corporate Profile

  • Headquartered in Port Moresby, Steamships has four major operating categories: Logistics, Property & Hospitality, and various joint venture operations. 
  • Logistics: Consort Express Lines (coastal shipping & services), East West Transport (land freight and logistics), Joint Venture Port Services (stevedoring & handling, and equipment hire), Gulf Maritime Services  and Pacific Towing Marine Services (Harbour towage, salvage & commercial diving)
  • Property: Pacific Palms Property (developer and manager of residential, commercial, retail, industrial properties), Raitpla Property Management (property & project management and leasing services), Portside Business Park 
  • Hospitality: Coral Sea Hotels (seven hotels and apartment complexes in PNG's major commercial centres), ENZO’s Pizza (ten outlets nation-wide)
  • Joint Ventures: Colgate Palmolive PNG (50%). Wonye Limited (50%), Harbourside Precinct (50%), Gulf Maritime Services (47.5%), Joint Venture Port Services (13 Joint Ventures with local landowners around Papua New Guinea, Pacific Rumana Ltd. (50%), Viva No. 31 Ltd. (50%)
  • Public company, listed on Port Moresby Stock Exchange and Australian Securities Exchange
  • Majority shareholder includevJohn Swire & Sons (PNG) Limited, Nambawan Superfund
  • Over 3700 employees across PNG
  • Major supporter of PNG community initiatives in education, health, environment, and social welfare
  • A PNG leader in sustainable business practices, measured against the world’s leading sustainability benchmark, the Global Reporting Initiative.