• TV
  • Pointe FM
  • Platinum FM
  • Shop
  • Newspaper
  • Local News
  • Entertainment
  • Regional
  • International
  • Contact Us
Menu
  • TV
  • Pointe FM
  • Platinum FM
  • Shop
  • Newspaper
  • Local News
  • Entertainment
  • Regional
  • International
  • Contact Us
  • TV
  • Pointe FM
  • Platinum FM
  • Shop
  • Newspaper
  • Local News
  • Entertainment
  • Regional
  • International
  • Contact Us
Menu
  • TV
  • Pointe FM
  • Platinum FM
  • Shop
  • Newspaper
  • Local News
  • Entertainment
  • Regional
  • International
  • Contact Us
Home Local News

Port triples revenues in ten years

Editorial Staff by Editorial Staff
June 20, 2025
in Local News
0
Port triples revenues in ten years

Port Manager Darwin Telemaque

0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

0:00 0:00
100

The Antigua and Barbuda Port Authority has reported that revenues for 2024 amounted to approximately $62 million…an impressive performance when it is considered that ten years prior, 2014, revenues amounted to just $21 million.

This is the report presented to the Cabinet on Wednesday by Port Manager Darwin Telemaque, who was invited to provide an update on the operational performance and economic outlook of the port. Along with tripling of the revenues in ten years, the port has also made significant progress in the handling and efficiencies of its overall operations.

“The Port Manager also highlighted a sustained increase in cargo throughput, with the exception of a temporary decline during the COVID-19 period in 2021. For the year 2025 to date, the port has already recorded more than 8,700 TEUs (Twenty-foot Equivalent Units)—a 4% increase over the same period in 2024.

“He further reported that over the past weekend alone, the port processed a record 375 containers—including 109 transshipped containers—in just two days (Saturday and Sunday). This operational milestone is credited to the significant investments by the Gaston Browne administration in the modernization and expansion of both the commercial port and the cruise port infrastructure,” according to a Cabinet spokesman.

Telemaque also noted the growing role of Antigua and Barbuda as a regional transshipment hub, with increased volumes positioning the country as a rising player in global port logistics.

In response, the Cabinet agreed to engage with relevant unions on matters aimed at further enhancing the port’s efficiency and long-term viability. To this end, several decisions were made:

  • Within 14 days, an Inland Revenue Department office will be established at the port to facilitate direct payment processing.
  • The port will begin phasing in ship and shore operations under the direct control of the Port Authority.
  • Training programmes for members of the Antigua and Barbuda Defence Force in all aspects of port operations will commence, especially to support expanded transshipment activity.
  • The port will implement a Strategic Operational Model, transitioning to a 24/7 operation with three 8-hour shifts, enhanced vessel accommodation, and broader improvements in efficiency and revenue generation.

The Port Manager has been asked to report back to Cabinet within 30 days on the progress of implementing these decisions.

Previous Post

Xpress Newspaper-20th June 2025 Vol 7 Issue-20

Next Post

The Education Minister tells CSEC awardees not to fear Artificial Intelligence

Editorial Staff

Editorial Staff

Next Post
The Education Minister tells CSEC awardees not to fear Artificial Intelligence

The Education Minister tells CSEC awardees not to fear Artificial Intelligence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Solve *