Business

Lomaiviti Princess III launched

Goundar Shipping’s expansion plan is set to modernise the Fijian shipping industry.  Launching the company’s newest vessel, the MV Lomaiviti Princess III, Prime Minister Voreqe Bainimarama said the company would invest $10 million over the next three years to bring two more ships and construct a 5000 ton dry dock to berth ships for repairs. This is a huge […]

Peni Shute

January 19, 2016 7:11 am

Goundar Shipping’s expansion plan is set to modernise the Fijian shipping industry. 

PM Bainimarama looks on as George Goundar, President of Goundar shipping show the ships controls, in the wheelhouse of the MV Lomaiviti Princess III
PM Bainimarama looks on as George Goundar, President of Goundar shipping show the ships controls, in the wheelhouse of the MV Lomaiviti Princess III. PHOTO: Fijian Government

Launching the company’s newest vessel, the MV Lomaiviti Princess III, Prime Minister Voreqe Bainimarama said the company would invest $10 million over the next three years to bring two more ships and construct a 5000 ton dry dock to berth ships for repairs.

This is a huge investment for our shipping industry and will be the first dock of its kind in Fiji. It will give us space for even larger ships and allow us to build our shipping industry into a modern and efficient operation that will bring greater development and growth to our island economy.

The only dry docking facility of its kind is at least two times smaller than the dock Goundar Shipping will bring in.

While launching the new vessel, the Prime Minister paid tribute to the confidence the Goundar family had in Fiji and commended the work they carried out.

Every investment we make is an investment in people. And every investment we make weaves and strengthens the fabric of our national life.

So a modern, well-equipped school building is not just a building; it is a future of learning and possibilities for the children who will one day lead this country. And a road is more than a ribbon of asphalt; it connects families, it creates community, it gives farms and factories access to markets.

The Prime Minister praised the President of Goundar Shipping, George Goundar for his dedication towards Fiji’s socio economic growth.

Gounder returned to Fiji to begin his shipping business after having migrated to British Columbia, Canada. The new MV Lomaiviti Princess III was purchased was purchased from British Columbia Ferries.

Minister for Local Government, Urban Development, Housing and Environment Parveen Bala with Gounder Shipping owner-George Gounder looks upon during the launch last night. PHOTO: Fijian Government.
Prime Minister Voreqe Bainimarama with the Minister for Local Government, Urban Development, Housing and Environment Parveen Bala with Gounder Shipping owner-George Gounder looks upon during the launch last night. PHOTO: Fijian Government.

Bainimarama said the ship did admirable service in British Columbia, Canada, before Goundar Shipping bought it and upgraded it for service here in Fiji. Until a recent change to the ship registration decree, ships older than 20 years could not be brought into Fiji.

But thanks to this common sense reform, these older vessels can be imported once they’ve met stringent safety requirements. This allows older vessels that still carry a lot of value, to be re-fitted to serve our market without sacrificing the safety of our passengers.

Shipowner George Gounder on tour with Prime Minister Voreqe Bainimarama. PHOTO: Fijian Government.
Shipowner George Gounder on tour with Prime Minister Voreqe Bainimarama.
PHOTO: Fijian Government.

The Lomaiviti Princess III will make her maiden voyage to Kadavu at 10am today.

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