NATION

Goundar Shipping Company Invests In New Fast Ferries

GSL managing director George Goundar said he was investing in three vessels this year, two of which were fast ferries.
26 Jan 2020 11:51
Goundar Shipping Company Invests In New Fast Ferries
Goundar Shipping vessels at the Suva wharf.

Goundar Shipping Limited’s (GSL) fleet of nine vessels will receive an additional two new ferries this year.

This is part of the company’s budgeted $10 million investment for 2020.

GSL managing director George Goundar said he was investing in three vessels this year, two of which were fast ferries.

He confirmed the latest addition to their fleet was likely to arrive in March this year.

“Out of the three vessels we are getting this year, two are fast ferries, a jetfoil and hovercraft, which will be here in August or September,” Mr Goundar said.

“We plan to operate these new fast ferries in Kadavu, that would mean we would travel to Kadavu in less than one hour,” he said.

“We are also targeting the Denarau area for the other fast ferry.”

He said experts from Russia would be in the country to conduct trainings with their officers.

He added that they were still in talks with the Fiji Roads Authority on operating short routes from Nausori to Suva.

“There are a lot of issues regarding that matter as there are other transport sectors involved, but we will see how it goes.”

Cook Islands Proposal

Mr Goundar said they were looking into sending a proposal to the Cook Island Government to operate there.

“We have expanded here in Fiji with the nine vessels that we operate and the amount of money we invest into the industry and we are also looking into investing into other Pacific markets,” Mr Goundar said.

“Interests had also been shown by the shipping industries in Solomon Islands and Vanuatu.”

Cook Islands Ministry of Finance and Economic Management financial secretary Garthe Henderson said the Government of the Cook Islands had an opening for proposals for shipping companies to operate in the country for 18 months.

Mr Henderson said he understood that GSL was interested in putting forward a proposal.

“Until we have closed the applications on February 7, we have not spoken to anyone yet on those likely to be awarded the contract.”

Edited by Ivamere Nataro

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