A Shipyard Grows in Trinidad & Tobago
Spurred by Panama Canal Expansion and U.S. As Trinidad and Tobago seeks to diversify its economy, it is banking on a massive shipyard construction project as the centerpiece of a maritime industry and economic revival. A Trinidad and Tobago Parliamentary debate earlier this year centered on the Motion, ‘Increase of Loan Ceiling under The Development Loans Act.’ One diversification strategy involves the country’s thrust into the development and expansion of the maritime sectors, particularly Shipbuilding and Repair.
‘The Cat’ Starts Trinidad to Tobago Service
Incat Australia announced that the fast ferry, ‘The Cat’, has been Time Chartered by Bay Ferries of Canada to the Port Authority of Trinidad & Tobago. ‘The Cat’, which operates on the 85 nautical mile route between Port of Spain and Scarborough, entered commercial service on January 10, 2005. After more than three years of investigating tonnage options, involving the Tobago House of Assembly, the Port Authority of Trinidad & Tobago, the Ministry of Transport and Works, the Government Shipping Service and several technical sub committees…
Incat-Built Fast Ferry Begins Service
Incat Australia announced that the fast ferry, ‘The Cat’, has been Time Chartered by Bay Ferries of Canada to the Port Authority of Trinidad & Tobago. ‘The Cat’, which operates on the 85 nautical mile route between Port of Spain and Scarborough, entered commercial service on the January 10. After more than three years of investigating tonnage options, involving the Tobago House of Assembly, the Port Authority of Trinidad & Tobago, the Ministry of Transport and Works, the Government Shipping Service and several technical sub committees…
