King and Queen launch tugboat MV Olovaha

A second tugboat for Tonga, the MV Olovaha, was launched this morning by HM King Tupou VI and HM Queen Nanasipau’u at the domestic wharf terminal in Nuku‘alofa. Costing $2.1 million pa’anga, the vessel was financed by the Ports Authority Tonga, with a 55% loan from the Bank of the South Pacific and 45% from its own funds.