AGP Executive Report
Last update: 8 hours agoFisheries Outlook: A strengthening El Niño could shift tuna grounds and catch rates across the Pacific through 2027, posing challenges for Solomon Islands fisheries and the wider economy. Shipping and Safety: More than 70 passengers and crew aboard the disabled MV Awka are being brought to shelter after an engine failure stranded the ferry off Temotu. Rising Costs: Manufacturers and shipping operators are seeking targeted fuel relief as higher prices squeeze investment and raise freight costs. Fuel accounts for 67% of Solomon Power’s operating costs, while SolTuna uses about 430,000 litres a month. Local Processing: Kokonut Pacific Solomon Islands has received a UK-funded chocolate-processing machine to increase cocoa production and export capacity, supporting a network of more than 1,000 farmers. Infrastructure: Piling is advancing on Honiara port’s International Berth 1 upgrade, a key project to strengthen cargo and supply links.
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