REGIONAL SHIPPING LINE HOLDS ANNUAL MEETING

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Pacific Forum Line is a cooperative effort

HONOLULU (Pacific Islands Report, Oct. 24, 2011) – The Pacific Forum Line (PFL) Financial, Official and Shareholders Meeting was recently held in Nadi, Fiji.

[PIR editor’s note: Pacific Forum Line is often referred to as a good example of regional cooperation among Pacific Island Forum nations, each of which owns shares in the two vessels that move container goods and bulk liquids from Australia and New Zealand to members. The company, operating since 1978 with a charter aimed at keeping its costs low, is also seen as a factor in regional development. The 12 shareholder countries include Cook Islands, Fiji, Kiribati, Marshall Islands, Nauru, New Zealand, Niue, Papua New Guinea, Samoa, Solomon Islands, Tonga and Tuvalu. ]

This year’s Annual General Meeting focused on considering the PFL annual financial and operation reports, performance as well as PFL’s strategic short term and long direction.

Representing the Government of Tonga’s interests was Hon Samiu Vaipulu, Deputy Prime Minister and Minister for Transport and Mr Busby Kautoke the Chief Secretary and Secretary to Cabinet.

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