The Government of the Republic of Nauru

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Nauru considers options to combat Neptune Shipping unfair freight costs

The Republic of Nauru is considering restarting its own shipping venture in response to an 'outrageous' display of greed shown by a New Zealand-based shipping line.
 
Since the recent withdrawal of Matson as a shipping supplier to Nauru, Neptune Pacific has become the sole transporter of freight from Fiji to the island and has wasted little time in taking advantage of the monopoly.
 
Maritime Affairs Minister Valdon Dowiyogo says freight costs are out of control and this adversely affects prices for consumers.
 
"The Nauruan Government has not been sitting idle on this matter and has made numerous complaints to the shipping company but sadly all correspondence so far has fallen on deaf ears."
 
Minister Dowiyogo has also been advised that all key stakeholders involved will discuss the issue so the shipping companies can openly explain to Government the reasons for any adjusting of freight or other charges.
 
The Minister says negotiations with Neptune will continue but is now considering options on restarting its own shipping venture to address the unfair imbalance and ensure Nauruans are not ripped off by blatant price gouging.