Bismark Maritime Upstream Project

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Papua New Guinea (PNG) heavily relies on maritime transport for inter-island passenger and cargo transportation due to its unique geographical terrain. As growth continues spurred by ongoing and future infrastructure projects, including mining, the demand for for inter-island shipping services is anticipated to increase, as will also the carbon footprint of the local shipping industry. In alignment with PNG's climate change targets and Bismark's commitment to sustainability, the company is collaborating with the International Finance Corporation (IFC) to develop a decarbonization roadmap. This strategic initiative will encompass various aspects, including both operational and non-operational areas, to effectively reduce and potentially offset Bismark's carbon footprint in the long term.