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Luganville Flags
Luganville is the second largest city in Vanuatu after the capital Port Vila; it is located on the island of Espiritu Santo and has a population of 18,062 as of the 2020 census. Those on Vanuatu's northern islands who regard Luganville as their big city, particularly indigenous populations, call it Santo; rural residents of Espiritu Santo call it Kanal (from French "second canal"). Luganville served as a major base of operations for American troops during World War II. Boulevard Higinson, the main street that runs through Luganville, contains mainly tourist boutiques and general stores. During WWII, the Americans used the Espiritu Santo as a military base; as a result of the occupation, Boulevard Higinson is unusually wide, as a base commander insisted that four tanks should be able to drive along the road simultaneously. At one end of Higinson is the port, one of two main ports for the island. History World War II During World War II, the American military erected two bases on ...
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List Of Sovereign States
The following is a list providing an overview of sovereign states around the world with information on their status and recognition of their sovereignty. The 206 listed states can be divided into three categories based on membership within the United Nations System: 193 UN member states, 2 UN General Assembly non-member observer states, and 11 other states. The ''sovereignty dispute'' column indicates states having undisputed sovereignty (188 states, of which there are 187 UN member states and 1 UN General Assembly non-member observer state), states having disputed sovereignty (16 states, of which there are 6 UN member states, 1 UN General Assembly non-member observer state, and 9 de facto states), and states having a special political status (2 states, both in free association with New Zealand). Compiling a list such as this can be a complicated and controversial process, as there is no definition that is binding on all the members of the community of nations concerni ...
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Luganville Seaplane Base
Luganville Seaplane Base is a former World War II seaplane base in the Segond Channel between the islands of Espiritu Santo and Aore Island in the New Hebrides Islands at the Espiritu Santo Naval Base. History World War II The first bases on Espiritu Santo were established by the United States as defensive bases to guard the existing facility at Efate and to support the Solomon Islands Campaign, however its strategic location led to its expansion into one of the largest advance bases in the South Pacific. The 7th Naval Construction Battalion arrived on Santo on 11 August 1942 and began construction of more extensive air facilities to support the Guadalcanal Campaign. The 7th Battalion constructed a parking area, two pre-fabricated by nose hangars, warehouses, quonset huts and two seaplane ramps at Belchif Point on the Segond Channel between the Renee and Sarakata Rivers. The 57th Naval Construction Battalion later built two seaplane drydocks at the base. United States Navy uni ...
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Copra
Copra (from ) is the dried, white flesh of the coconut from which coconut oil is extracted. Traditionally, the coconuts are sun-dried, especially for export, before the oil, also known as copra oil, is pressed out. The oil extracted from copra is rich in lauric acid, making it an important commodity in the preparation of lauryl alcohol, soaps, fatty acids, cosmetics, etc. and thus a lucrative product for many coconut-producing countries. The palatable oil cake, known as copra cake, obtained as a residue in the production of copra oil is used in animal feeds. The ground cake is known as coconut or copra meal. Production Copra has traditionally been grated and ground, then boiled in water to extract coconut oil. It was used by Pacific island cultures and became a valuable commercial product for merchants in the Polynesia, South Seas and South Asia in the 1860s. Nowadays, coconut oil (70%) is extracted by crushing copra; the by-product is known as copra cake or copra meal (30%) ...
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Transshipment
Transshipment, trans-shipment or transhipment is the shipment of goods or containers to an intermediate destination, then to another destination. One possible reason for transshipment is to change the means of transport during the journey (e.g., from ship transport to road transport), known as transloading. Another reason is to combine small shipments into a large shipment (consolidation), or the opposite: dividing a large shipment into smaller shipments (deconsolidation). Transshipment usually takes place in transport hubs. Much international transshipment also takes place in designated customs areas, thus avoiding the need for customs checks or duties, otherwise a major hindrance for efficient transport. An item handled (from the shipper's point of view) as a single movement is not generally considered transshipped, even if it changes from one mode of transport to another at several points. Previously, it was often not distinguished from transloading, since each leg of such ...
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Australia And New Zealand Banking Group
The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by market capitalisation. Its current corporate entity was established on 1 October 1970, when the Australia and New Zealand Bank (ANZ) merged with the English, Scottish & Australian Bank (ES&A). It was the largest bank merger in Australian history at the time. The Australia and New Zealand Bank had in turn been founded in 1951 as a merger of the Bank of Australasia and the Union Bank of Australia, which were established in 1835 and 1837 respectively. ANZ is one of the Big Four Australian banks, along with the Commonwealth Bank, NAB and Westpac. Australian operations make up the largest part of ANZ's business, with commercial and retail banking dominating. ANZ is also the largest bank in New Zealand, where the legal entity became known as ...
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Bank South Pacific
Bank South Pacific (or BSP) is the largest bank in Papua New Guinea, with 35 branches throughout the country and in 6 countries. BSP currently services over 650,000 business banking customers throughout the Pacific. As at 31 December 2014, BSP had total assets valued at K15.8 billion. Bank South Pacific is listed on the Port Moresby Stock Exchange and, as of 25 May 2021, the Australian Stock Exchange. History BSP traces its history to 1 May 1957 when the National Bank of Australasia established a branch in Port Moresby. As independence approached for Papua New Guinea (PNG), the incoming government made known its desire that all banks in PNG be locally incorporated, rather than branches of a foreign parent. Bank of Papua New Guinea, the country's central bank, was established in 1973. The National Australia Bank (NAB) incorporated its operations in PNG in 1974. Then the government encouraged the bank to sell equity to local citizens. BSP conducted public offerings in 1980 and 1981 ...
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National Bank Of Vanuatu
The National Bank of Vanuatu is the largest bank in Vanuatu Vanuatu ( or ; ), officially the Republic of Vanuatu (french: link=no, République de Vanuatu; bi, Ripablik blong Vanuatu), is an island country located in the South Pacific Ocean. The archipelago, which is of volcanic origin, is east of no .... It has 29 branches and agencies across the country, and is the only commercial bank with branches outside the largest cities. References Banks of Vanuatu {{bank-stub ...
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Reserve Bank Of Vanuatu
The Reserve Bank of Vanuatu is the central bank of Vanuatu (an island country located in the South Pacific Ocean). It was initially known as the Central Bank of Vanuatu after the nation's independence from France and the United Kingdom. The bank began operations on 1 January 1981 and was initially responsible for currency exchange. It established the Vatu as the national currency to replace the circulation of the New Hebrides franc and Australian dollar. The bank also replaced the role of the Banque Indosuez Vanuatu. The institution's name was changed to the Reserve Bank of Vanuatu in May 1989 and its responsibility over the national banking industry was expanded. Role The functions, powers and responsibilities of the RBV are specified in the Reserve Bank of Vanuatu Act AP 125of 1980. The specific purposes of the RBV as spelled out in Section 3 of the Reserve Bank Act are to: Regulate the issue, supply, availability and international exchange of money; Supervise and regulate ...
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SS President Coolidge
SS ''President Coolidge'' was an American luxury ocean liner that was completed in 1931. She was operated by Dollar Steamship Lines until 1938, and then by American President Lines until 1941. She served as a troopship from December 1941 until October 1942, when she was sunk by mines in Espiritu Santo in the New Hebrides at the Espiritu Santo Naval Base, part of current-day Vanuatu. ''President Coolidge'' had a sister ship, , completed in 1930 and lost when she ran aground in a typhoon in 1937. History Building Dollar Lines ordered both ships on 26 October 1929. The Newport News Shipbuilding and Drydock Company of Newport News, Virginia built the two ships, completing ''President Hoover'' in 1930. The keel for ''President Coolidge'' was laid 22 April 1930 and the ship was delivered 1 October 1931. They were the largest merchant ships built in the United States up to that time. Each ship had turbo-electric transmission, with a pair of steam turbo generators generating current ...
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Informal Settlements
Informal housing or informal settlement can include any form of housing, shelter, or settlement (or lack thereof) which is illegal, falls outside of government control or regulation, or is not afforded protection by the state. As such, the informal housing industry is part of the informal sector. To have informal housing status is to exist in "a state of deregulation, one where the ownership, use, and purpose of land cannot be fixed and mapped according to any prescribed set of regulations or the law". While there is no global unified law of property-ownership, typically, the informal occupant or community will lack security of tenure and, with this, ready or reliable access to civic amenities (potable water, electricity and gas supply, road creation and maintenance, emergency services, sanitation and waste collection). Due to the informal nature of occupancy, the state will typically be unable to extract rent or land taxes. The term "informal housing" is useful in capturing th ...
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Squatting In Vanuatu
Squatting in the Republic of Vanuatu (an island country in the South Pacific Ocean) is the occupation of unused land or derelict buildings without the permission of the owner. After independence in 1980, informal settlements developed in cities such as Luganville and the capital Port Vila. Land in Vanuatu is either custom land owned by indigenous peoples or public land owned by the republic. History The Republic of Vanuatu is an island country in the South Pacific Ocean which became independent in 1980. After 1980, internal migrants began to cluster in informal settlements around Port Vila, the capital city, which is on the island of Efate. People are forced to squat because of bad governance, the paucity of affordable housing and the lack of access to credit. The settlements do not have sanitation and are formed of shacks. Rental agreements are informal and not legally binding. Settlements in Port Vila include Blaksans (first occupied in the 1960s) and Freswin, where settl ...
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Ni-Vanuatu
Ni-Vanuatu (informally abbreviated Ni-Van) is a large group of closely related Melanesians, Melanesian ethnic groups native to the island country of Vanuatu. As such, ''Ni-Vanuatu'' are a mixed ethnolinguistic group with a shared ethnogenesis that speak a multitude of languages. ''Ni-Vanuatu'' or ''Ni-Van'' is usually restricted to the indigenous population of Vanuatu. It contrasts with the demonym ''Vanuatuan'', which in principle refers to any citizen of Vanuatu, regardless of their origin or ethnicity. (The form ''Vanuatuan'' is in fact rarely used in English, and is regarded as incorrect by some authors and style guides.) Indigenous people of Vanuatu have English and French influences due to the history of Condominium of the New Hebrides, colonialism from the British and French, which leads to the main languages of English, Bislama and French being spoken. The cultural aspects of Ni-Vanuatu society have been instilled on the indigenous community and are expressed through c ...
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