Harbor Star inks 3-year deal with Palau firm

LISTED Harbor Star Shipping Services, Inc. said it has entered into a three-year lighterage service contract with Palau Sea & Air Transport Agency to provide exclusive logistics in transporting construction equipment and materials from the Philippines to Palau, Micronesia and the Marshall Islands.

The equipment and materials will be used for projects identified in the Federated States of Micronesia Infrastructure Development Plan, and also for the construction of structures in support of the territory’s tourism industry, Harbor Star said in a disclosure to the Philippine Stock Exchange on Wednesday.