Chairman of the Private Sector Commission (PSC) Komal Singh insists that there is need for Guyana’s shipping woes to be addressed.
“The private sector now has a serious concern … you would have heard us talk about for a very long time. We need to develop a more robust, logistical, shipping service,” Singh said in a comment to this newspaper.
Guyana, for decades, has faced the issue of not having deep-water channels and most of the shipments that should be headed to Guyana have to transit neighbouring countries. Large ships with cargo, intended for the Guyana market, have to be offloaded in other countries, including Trinidad and Tobago and placed on small vessels that can navigate the waters of Guyana. This incurs higher costs for shipment and downtime is a factor.