Board of Directors
Luamanuvave Taylor Mariner (Chair)
Tofa Fiu Siolo
Palea Faaolotoi Vaalele
Afioga Mataafa T Salu
Tapusoa A Fuimaono
Matautia Po’e Lilo Lauina
Fiu Taligi
Activities
The Samoa Shipping Corporation provides passenger and cargo shipping services between Upolu and Savaii and international services by charter. It operates a total of six vessels.
SSC is subject to the:
- Shipping Act 1998
- Public Bodies (Performance and Accountability) Act 2001
- Public Bodies (Performance and Accountability) Amendment Act 2015
- Public Bodies (Performance and Accountability) Act Regulations 2002 and
- Composition of Boards of Public Bodies Act 2012.
SSC is governed by a board of directors that is responsible to the Minister of Public Enterprises.
Vision and Mission
SSC’s vision is “To be the Leader of inter-island passenger and sea freight transportation, in Samoa and neighbouring islands”. Its mission is to “Achieve excellence in performance to improve profitability in order to maximize shareholders’ returns with regards to the SAFETY of properties and environment respecting the rights, needs and morale of its employees”.
Community Service Obligations
SSC does not provide any community service obligations.
Financial Highlights
| (ST ‘000) | 2013 | 2014 | 2015 | 5-yr Average |
| Revenue | 23,028 | 23,441 | 23,901 | 23,422 |
| Net Profit After Tax | 1,722 | 1,659 | 1,904 | 2,158 |
| CSO payments | 0 | 0 | N/A | N/A |
| Total Assets | 87,544 | 82,610 | 88,464 | 83,720 |
| Total Liabilities | 67,311 | 60,719 | 67,535 | 63,962 |
| Shareholders Funds | 20,233 | 21,892 | 20,929 | 19,758 |
| ROE % | 8.5% | 7.6% | 9.1% | 11.2% |
| ROA % | 2.0% | 2.0% | 2.2% | 2.6% |
| Asset Utilization | 26% | 28% | 27% | 28% |
| Cash / Current liabilities | 3.630 | 5.176 | N/A | N/A |
Important Documents
- SSC annual accounts
Website