See below the full release from the Georgetown Chamber of Commerce and Industry:
The Georgetown Chamber of Commerce and Industry (GCCI) is deeply concerned by continued recurrences of shipping delays from Trinidad as a result of port congestion—an issue which has over the years resulted in impediments to regional trade and hindrances to local supply chains.
Members of the GCCI—particularly those within the manufacturing, trade, retail and construction sectors—have reported delays in receiving shipments of raw materials, as well as increased demurrage and storage costs, and disruptions to production and project timelines. This situation has not only disrupted operations but placed undue pressure on cashflow.
The Chamber is urging Guyanese and Trinidadian authorities, and port operators to address this issue immediately through strategic coordination. The GCCI underscores the critical need to prioritise essential cargo and restore efficient shipping operations. The Chamber recommends the facilitation of alternative routing and expedited clearance to cushion the impact on the local business landscape and stands ready to work with regional partners and the private sector to implement practical remedial solutions.
These actions are necessary as we reflect on the dire implications of such delays last December that resulted in supply chain disruptions and increased costs for consumers. We cannot afford a supply-chain paralysis ahead of the holiday season—swift action will limit economic harm to the business community and consumers. Furthermore, it is evident that there is a pressing need for the authorities in Trinidad to review the procedures and operations of their port facilities to ensure surety of regional trade and end repeated disruptions. Trade and stability cannot be held hostage by inefficiency.
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