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Goundar Investing $3m In New Vessel, Eyeing Natovi- Nabouwalu

Goundar Shipping Limited will be investing $3 million in a new vessel expected to arrive in Fiji by November. Company managing director, George Goundar, highlighted his company was expanding to
20 Sep 2014 12:02
Goundar Investing $3m In New Vessel, Eyeing Natovi- Nabouwalu
Republic of Fiji Military Forces troops with New Zealand Defence Force troops on pre-depolyment training for Peacekeeping duties. Photo: Mereleki Nai FIJI SUN | TUESDAY, JULY 2, 2019 | FIJISUN.COM.FJ 20 NATION NZ High Commissioner to Fiji Jonathan Curr delivering the training opening address at the Black Rock Camp in Nadi on July

Goundar Shipping Limited will be investing $3 million in a new vessel expected to arrive in Fiji by November.

Company managing director, George Goundar, highlighted his company was expanding to fill the void in certain routes.

“I am heading up to Canada next week to finalise the deal on my third vessel which I am hoping to get by November if all goes well,” Mr Goundar said.

“If I miss the deadline, then I will bring it down to February or March of next year but I am hoping it all goes well for November.

“Our plan is to invest $10 million in the next five years in Fiji and get two more vessels in the next two years and have a four fleets by then time.”

While the negotiations for the new vessel are still into its final stages, the company has confirmed a Natovi to Nabouwalu route for it to service as well as Suva to Kadavu.

Once the third vessel is acquired, Lomaiviti Princess 2 will be focusing on Lau.

Mr Goundar said the third vessels will be called Lomaiviti Princess 3 which will be following the trend because they already have the vessels one and two .

“I will keep the same brand name as we acquired it from the proper channel by approaching the Lomaiviti Provincial Council,” he said.

“The new one will have a funny schedule because it will be running from Suva to Kadavu back to Suva up to Nabouwalu. Over the weekends it will be servicing the Natovi to Nabouwalu route.

“For Kadavu, we will be changing our schedules to Tuesday nights so she returns, offloads and loads for Nabouwalu straight away and returns on Thursday.

“Over the weekends it will still run the Nabouwalu to Natovi route.

 Anniversary

Meanwhile, the company celebrated its third year anniversary on the Lomaiviti Princess 1 berthed at Naraine Jetty on Thursday.

Three years ago, Mr Goundar started his company with the arrival of the Lomaiviti Princess 1. The second vessel, Lomaiviti Princess 2, joined his fleet the past year.

“Business has been good for the past three years. We started in the market very slow and now we are running full on with the trucks loaded aboard,” he said.

“From October to November is the slack period but the busy period comes up in December and goes on to January.

“So that’s why whatever we are going to make, we need to make it now and December for the full on period for the following year.

“With the road building in Vanua Levu, we have been running full with a lot of trucks left behind and that’s why we want to acquire the third vessel.”

For the busy period, the company doubles its services/runs with both ships but they change their schedules three to four times.

Feedback:  maraia.vula@fijisun.com.fj

 




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