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Steamships Trading Company Limited (SST.AX)

ASX - ASX Delayed price. Currency in AUD
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13.590.00 (0.00%)
At close: 02:34PM AEDT

Steamships Trading Company Limited

@345 Building, Stanley Esplanade
Levels 1-2, Section 20 Allotments 3, 4 and 5 Granville
Port Moresby
Papua New Guinea
675 313 7400
https://www.steamships.com.pg

Sector(s)Industrials
IndustryIntegrated Freight & Logistics
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Rupert Peter Napier BrayMD & DirectorN/AN/AN/A
Mr. Michael Richard ScantleburyFinance Director, Company Secretary & Executive DirectorN/AN/AN/A
Mr. Greg KettletonJVPS National Terminals & Operations ManagerN/AN/AN/A
Ms. Deborah OngaGroup Legal CounselN/AN/AN/A
Amounts are as of 31 December 2018, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in AUD.

Description

Steamships Trading Company Limited engages in the shipping, transport, property, and commercial operation businesses in Papua New Guinea. The company operates through three segments: Property and Hospitality, Logistics, and Commercial and Investment. It offers scheduled services to manufacturers, wholesalers, and liner carriers; depot services comprising equipment hire, warehousing, and bonded or unbonded yard storage; short and long term vessel charters specialized in shallow water river shipping; and intermodal logistics solutions linked to land-based services, such as road transport, cargo handling, storage, customs clearance, lay down areas, and warehousing. The company also provides services, which include towage, moorage, salvage, and commercial diving. In addition, it operates a fleet of prime movers, heavy and light trucks, forklifts, and reach stackers for the transport of bulk fuel, containerized cargoes, and break-bulk cargoes; offers customs cargo clearance service in Lae and Port Moresby; and provides project solutions for the mining, oil and gas, and commercial sectors. Further, the company manages hotels and apartments; operates food and beverage outlets; and develops and operates residential, commercial, retail, and industrial properties. Additionally, it is involved in the commercial and insurance activities. Steamships Trading Company Limited operates a fleet of 10 coastal vessels; and 15 tugs and 10 associated support vessels. The company was incorporated in 1918 and is headquartered in Port Moresby, Papua New Guinea. Steamships Trading Company Limited is a subsidiary of John Swire & Sons (PNG) Limited.

Corporate governance

Steamships Trading Company Limited’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.