• PNG Business News

Trans Wonderland eyes shipping business

After running a trucking business successfully for 10 years, Trans Wonderland Limited is eyeing the shipping business.

Managing director Larry Andagali announced last week at the PNG LNG plant site outside of Port Moresby.

Mr Andagali said TWL’s staff numbers started off with 150 employees in June 2009 to well over 800 employees during the peak of PNG LNG construction in 2013.

Currently they able around 286 employees. He said despite operating successfully over 10 years in PNG, identifying and recruiting skilled personnel has been and will always be their biggest challenge.

However he said the company through its on job management training program has strategically localised many of the senior management positions.

He said that was something the late Anderson Aigiru was always passionate about to see that local content is exercised in the oil and gas business.

“Transwonderland gained invaluable experience when it expanded its operations to meet the demands of the PNG LNG construction project.

TWL increased its fleet from 39 trucks to 300 trucks and mobilised an additional 300 from subcontractors. The company delivered well over 26,000 loands over 800km of the rough highlands highway within time and budget.

We have also expanded into Australia and other Pacific Island countries during this past 10 years with a total of K1.4 million in dividends was paid to our shareholders,” he said.

Mr Andagali said going forward they are looking forward to explore the shipping business as there is great opportunity for them.

He said it is still something they are considering and it won’t be happening soon.

“This is because companies are not built around individuals but it is around systems and processes,” he said.

Continue reading at https://postcourier.com.pg/trans-wonderland-eyes-shipping-business/ | Post Courier

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