As marine traffic in Guyana has quadrupled over the past five years, the country is set to introduce a Modern Port Act to address increasing logistical demands. The legislation will replace outdated provisions and establish a framework aligned with international maritime standards, focusing on improved safety, regulatory efficiency, and transparency.

A key feature of the reform is the creation of an independent Port Authority with operational autonomy to manage sector regulations. This authority will help standardise oversight and attract international trade by strengthening Guyana’s position as a regional logistics hub.

To support this legislative shift, the government is investing in port infrastructure, including the deepening of the Demerara Harbour and removal of wrecks, with over GY$2 billion spent so far to ease navigation. Private sector contributions, such as Cranes Guyana’s investment in mobile harbour cranes, are complementing public efforts to improve cargo handling efficiency.

The maritime strategy also prioritises port digitisation and reduced vessel turnaround times, which are essential to lowering trade costs and ensuring Guyana’s ports remain globally competitive as volumes continue to increase.

News and Image Source: News Room Guyana