Nauru Pacific Line
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Nauru Pacific Line
The Nauru Pacific Line (NPL) is the national shipping line of the Republic of Nauru, founded in 1969. Its fleet consists of five owned and two leased ships, which travel throughout all of Oceania. It is loss-making and gets subventions from the state. It is a member of the Pacific Forum Line, a joint venture between several national shipping lines established in 1977 after a dispute between the NPL and the Maritime Union of New Zealand. See also * Economy of Nauru * Nauru Phosphate Corporation * Pacific Forum Line * Republic of Nauru Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Central Pacific. Its nearest neighbour is Banaba Island in Ki ... *Nauru Maritime Port Authority References Companies of Nauru Transport in Nauru {{Transport-company-stub ...
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Flag Of The Nauru Pacific Line
A flag is a piece of fabric (most often rectangular or quadrilateral) with a distinctive design and colours. It is used as a symbol, a signalling device, or for decoration. The term ''flag'' is also used to refer to the graphic design employed, and flags have evolved into a general tool for rudimentary signalling and identification, especially in environments where communication is challenging (such as the maritime environment, where semaphore is used). Many flags fall into groups of similar designs called flag families. The study of flags is known as "vexillology" from the Latin , meaning "flag" or "banner". National flags are patriotic symbols with widely varied interpretations that often include strong military associations because of their original and ongoing use for that purpose. Flags are also used in messaging, advertising, or for decorative purposes. Some military units are called "flags" after their use of flags. A ''flag'' (Arabic: ) is equivalent to a brigade i ...
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Republic Of Nauru
Nauru ( or ; na, Naoero), officially the Republic of Nauru ( na, Repubrikin Naoero) and formerly known as Pleasant Island, is an island country and microstate in Oceania, in the Central Pacific. Its nearest neighbour is Banaba Island in Kiribati, about to the east. It further lies northwest of Tuvalu, northeast of Solomon Islands, east-northeast of Papua New Guinea, southeast of the Federated States of Micronesia and south of the Marshall Islands. With only a area, Nauru is the third-smallest country in the world behind Vatican City and Monaco, making it the smallest republic as well as the smallest island nation. Its population of about 10,000 is the world's second-smallest (not including colonies or overseas territories), after Vatican City. Settled by people from Micronesia circa 1000 BCE, Nauru was annexed and claimed as a colony by the German Empire in the late 19th century. After World War I, Nauru became a League of Nations mandate administered by Australia ...
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Oceania
Oceania (, , ) is a region, geographical region that includes Australasia, Melanesia, Micronesia, and Polynesia. Spanning the Eastern Hemisphere, Eastern and Western Hemisphere, Western hemispheres, Oceania is estimated to have a land area of and a population of around 44.5 million as of 2021. When compared with (and sometimes described as being one of) the continents, the region of Oceania is the smallest in land area and the list of continents and continental subregions by population, second least populated after Antarctica. Its major population centres are Sydney, Melbourne, Brisbane, Perth, Auckland, Adelaide, Honolulu, and Christchurch. Oceania has a diverse mix of economies from the developed country, highly developed and globally competitive market economy, financial markets of Australia, French Polynesia, Hawaii, Hawaii, New Caledonia, and New Zealand, which rank high in quality of life and Human Development Index, to the much least developed countries, less developed ...
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Pacific Forum Line
Pacific Forum Line (PFL) is a regional shipping line in Polynesia. Established in 1976 by the Pacific Islands Forum to ensure a regional shipping service, it was purchased in 2012 by the government of Samoa. It is currently operated as a joint venture with Neptune Pacific Line. History The Pacific Forum Line was born from concern over the deterioration of traditional island tramp services due to containerisation. At the South Pacific Forum in Nauru in 1976 pacific nations agreed to establish a shipping line to ensure regular shipping services for the islands and encourage development. The initial memorandum of understanding required the line to be incorporated in Samoa, operate a viable shipping service and attempt to make a profit, with any profit allocated between founding nations. The initial owners - the governments of the Cook Islands, Fiji, Kiribati, Nauru, New Zealand, Papua New Guinea, Samoa, Solomon Islands, and Tonga - all had an equal say in governance of the line, t ...
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Maritime Union Of New Zealand
The Maritime Union of New Zealand is a trade union which represents waterfront workers, seafarers and related workers in New Zealand. It was formed in 2002 from the merger of the New Zealand Waterfront Workers' Union and the New Zealand Seafarers' Union. The MUNZ is affiliated with the New Zealand Council of Trade Unions, the New Zealand Labour Party and the International Transport Workers' Federation The International Transport Workers' Federation (ITF) is a democratic global union federation of transport workers' trade unions, founded in 1896. In 2017 the ITF had 677 member organizations in 149 countries, representing a combined membership .... References External links MUNZofficial site. New Zealand Council of Trade Unions International Transport Workers' Federation Maritime trade unions Trade unions established in 2002 {{NewZealand-trade-union-stub ...
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Economy Of Nauru
The economy of Nauru is tiny, based on a population in 2019 of only 11,550 people. The economy has historically been based on phosphate mining. With primary phosphate reserves exhausted by the end of the 2010s, Nauru has sought to diversify its sources of income. In 2020, Nauru's main sources of income were the sale of fishing rights in Nauru's territorial waters, and revenue from the Regional Processing Centre (an offshore Australian immigration detention facility). Nauru is dependent on foreign aid, chiefly from Australia, Taiwan and New Zealand. Economic performance In the years after independence in 1968, Nauru possessed the highest GDP per capita in the world due to its rich phosphate deposits. In anticipation of the exhaustion of its phosphate deposits, substantial amounts of the income from phosphates were invested in trust funds aimed to help cushion the transition and provide for Nauru's economic future. However, because of heavy spending from the trust funds, inc ...
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Nauru Phosphate Corporation
The Nauru Phosphate Corporation (NPC) was a government-owned company controlling phosphate mining in Nauru, now known as the Republic of Nauru Phosphate, or RONPhos. Failed investments In the early years of the Nauru Phosphate Royalties Development Trust, it financed the construction of two of five high-rise luxury condos in Hawaii (on the island of Oahu). The five towers (two completed as of October 2005) are on prime Honolulu real estate with ocean views and represent a benchmark in Honolulu luxury high-rises. Other investments included Nauru House in Melbourne and Hawaiki Tower in Honolulu. These luxury properties were only part of an international real estate portfolio that stretched into countries including Australia, the Philippines, Fiji, Guam, Samoa, the US, New Zealand, and the United Kingdom. Financial mismanagement and extravagant government spending (i.e., investing A$4 million in a London play, '' Leonardo the Musical: A Portrait of Love'', about Leonardo da Vinc ...
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Companies Of Nauru
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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