T&T SHIPBUILDING AND REPAIR CLUSTER www.tts-r.com Becoming part of our initiative.

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INDEX

Page

Welcome Aboard! ……...…………………..…………………………………….………….. 3 i. Keeping Company With The Leading Global Maritime Companies ……….………..….. 4 ii. S&R Cluster Meetings …………………………………..………………………..…....…..… 5 iii. S&R Trade Show Participation …………………………………………………........…….....5 iv. Maritime Mentorship Programme ………….……………………………….……….……..... 6 v. S&R Monthly Newsletters ……………………………………………………………….….... 6 vi. Other S&R Publications ……………………………………………………………….…...… 7 vii. Shipbuilding and Repair Development Company of Trinidad and Tobago Limited …..... 8 viii. Some Online Website Articles on T&T Shipbuilding and Repair Cluster ……………...... 8 ix. Some Important S&R Videos ……………………………………………………………. ..... 9 x. Interview with Wilfred de Gannes – Deputy Leader / Editor …….…………………. 10 - 12 xi. Trinidad and Tobago - High Hopes for the Shipbuilding & Repair Sector..….…… 13 - 15 xii. Bright Future For Local T&T Shipbuilding and Repair Sector ………………….…...16 - 18 xiii. Aiming to be the ‘Singapore of the west’ ………………………...……………………19 - 20 xiv. T&T Shipbuilding and Repair Cluster Online …………...…….………………………21 - 22

****

COVER PHOTO: S&R Mentees participate in a shipyard tour of Maritime Preservation Limited, Port of Spain.

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WELCOME ABOARD!

Dear Reader, Thank you for showing your interest in The Shipbuilding and Repair Cluster, an initiative of the Ministry of Trade and Industry, Government of the Republic of Trinidad and Tobago (GoRTT). This initiative is part of our effort of diversifying our economy away from the energy sector. On behalf of William Huggins (Leader) and the rest of our organization, we welcome your interest and further participation as an active stakeholder. We trust you have additional questions and we look forward to hearing from you. Please contact me directly at ttshipbuildingandrepaircluster@yahoo.com or phone at (868) 753-6057 or (868) 384-SHIP(7447).

T&T SHIPBUILDING AND REPAIR CLUSTER.

Wilfred de Gannes. Deputy Leader.

POSTAL ADDRESS: P.O. Box 2853, Chaguaramas, Trinidad and Tobago, West Indies.

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i. KEEPING COMPANY WITH THE LEADING GLOBAL MARITIME COMPANIES: At present, the T&T Shipbuilding and Repair Cluster comprises some 30+ active Stakeholders made up of local and foreign maritime companies, including:

All Purpose Diesel Limited Alstons Shipping Limited (ANSA McAl Group) ASCO Associated Marine Design Cantrex Limited (Bhagwansingh Group) Caribbean Propellers Limited Comprehensive Insurance Brokers Limited Damus Group Det Norske Veritas Engine Tech Company Limited H2Marine Limited Heritage Designs and Developments Limited IceBerg Packaged Ice Limited Image Matters Limited Inter-Isle Construction & Fabrication Company Limited

International Marine & Industrial Inspections Limited Lloyd’s Register M&N Electrical Maritime Preservation Limited Pivot Media Caribbean Limited ProTec Intelligence Services Limited Qualitech Svitzer The Phi Group Tracmac Limited (Neal & Massy Group) Trinidad Dry Dock Company Limited Trintrac Limited Tsunami Marine Limited Wärtsilä Caribbean Inc. West indian logistics William Marine Limited and several others…

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ii. S&R CLUSTER MEETINGS:

These meetings are normally held at the Ministry of Trade and Industry Headquarters, located at Nicholas Tower, Port of Spain to discuss maritime matters, upcoming plans and events.

http://www.flickr.com/photos/ttshipbuildingandrepair/sets/72157622430022629/

iii. S&R TRADE SHOW PARTICIPATION: Our S&R cluster seeks to actively participate at Conferences and Trade shows; it has already participated at the following leading events.

TRADE AND INVESTMENT CONVENTION 2008 http://tts-r.com/photo-gallery/?album=1&gallery=3

CARIBBEAN SHIPPING ASSOCIATION AGM AND TRADESHOW 2008 http://tts-r.com/photo-gallery/?album=1&gallery=8 COMMONWEALTH BUSINESS FORUM 2009 http://www.flickr.com/photos/ttshipbuildingandrepair/sets/72157622940654256/

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iv. MARITIME MENTORSHIP PROGRAMME:

Our S&R Cluster has participated in the Annual Maritime Programme of the Government of the Republic of Trinidad and Tobago which targets young persons between 15-17 years, to become a vibrant part of the local shipbuilding and repair industry.

http://www.flickr.com/photos/ttshipbuildingandrepair/sets/72157621917762532/ http://www.flickr.com/photos/ttshipbuildingandrepair/sets/72157621781999681/

v. S&R MONTHLY NEWSLETTERS:

keep stakeholders up to date with the latest information on global shipbuilding and repair matters, news, and our activities. Our e-Newsletters are delivered digitally every month to some 1,300+ readers locally, regionally and internationally. It also permits our active stakeholders to promote their company products and service offerings at no cost using Ad-banners, ½ page and full page color advertising.

Nov 2008 Dec 2008 Jan 2009 Feb 2009 Mar 2009 April 2009 l

May 2009 June 2009 July 2009 August 2009 Sept 2009 Oct 2009

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vi. OTHER S&R PUBLICATIONS: We see the importance of documenting our VISION for the T&T Shipbuilding and Repair Industry. Reports are also produced on demand for the Government.

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vii. SHIPBUILDING & REPAIR DEVELOPMENT COMPANY OF TRINIDAD & TOBAGO LTD:

Our Limited Liability Company is registered under The Companies Act, (1995) and is based on a Public Private Partnership (PPP) model. It was established to handle various commercial and financial matters pertaining to our cluster and industry. The intention is that Company shareholding be owned by our active Stakeholders (+51%) and by the Government of the Republic of Trinidad and Tobago (Corporation Sole). Our goal is to develop our local industry to the highest standards and also to be globally competitive. Our Interim Management Board comprises a total of seven Directors/Stakeholders: Wilfred de Gannes - Chairman & CEO Michael Burke - Director William Huggins - Deputy Chairman Anil Seeterram - Director Yuhanna Yusuf - Corporate Secretary Dwight Mahabir - Director

Representative from the MTI* viii. SOME ONLINE WEBSITE ARTICLES ON T&T SHIPBUILDING AND REPAIR CLUSTER: Local and International media coverage on several S&R articles, programmes and events have been successful in raising the global exposure of our Cluster and stakeholders.

Baird Maritime: http://www.bairdmaritime.com/index.php?option=com_content&view=article&id=2816:promoting-the-shipbuilding-sector-&catid=85&Itemid=82 Breaking News Website: http://news.bn.gs/article.php?story=20090810140135113 Breaking News Website: http://news.bn.gs/article.php?story=20091006175009664 G Captain Maritime Monday: http://gcaptain.com/maritime/blog/maritime-monday-175/#more-9599 Hellenic Shipping Worldwide: http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=67928&Itemid=54 Maritime Reporter and Engineering News: http://www.maritimereporter.com/News/Article/Maritime-Mentorship-Programme-2009/331506.aspx The Maritime Executive: http://www.maritime-executive.com/pressrelease/maritime-mentorship-programme-2009-2009-8-13/

Trinidad Guardian & Newsday Business Day: http://www.flickr.com/photos/ttshipbuildingandrepair/3852983251/sizes/l/

*MTI = Ministry of Trade and Industry

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ix. SOME IMPORTANT S&R VIDEOS -

http://www.youtube.com/watch?v=y0c0FnIq_9Y

http://www.youtube.com/watch?v=xiycMNb4SDk

http://www.youtube.com/watch?v=SyKIXwbe2aA

It’s Time to Diversify the Economy

At the annual PNM Republic Day dinner, Prime Minister the Honourable Patrick Manning proudly announced that as part of his Government's initiative to diversify the economy, plans were afoot to get involved in shipbuilding and marine repairs.

He told guests, "Government will be turning to shipbuilding and marine repairs, as my administration expands its policy of economic diversification into the 2010 fiscal year."

S&R Promotional Video

The use of various forms of media in the marketing, promotion and educational aspects of our shipbuilding and repair cluster is recognized as important in today’s business environment.

Maritime Mentorship Programme

Wärtsilä Services Presentation by Mr. Reima Carter, Technical Manager from Wärtsilä Caribbean, Inc. to T&T Shipbuilding and Repair Mentees at the Business Development Company Limited.

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X. INTERVIEW WITH WILFRED DE GANNES - DEPUTY LEADER / EDITOR Wilfred has been with the T&T Shipbuilding and Repair Cluster, an initiative of the Ministry of Trade and Industry since its inception in 2007. He is also the Editor of the region’s first dedicated Shipbuilding and Repair monthly eNewsletter which reaches a wide ranging audience of some 1,500+ persons locally, regionally and internationally.

What was your most satisfying moment, thus far in

your involvement in the S&R Cluster? Wilfred de Gannes The 5th Summit of the Americas

in April, when I was aboard the “Caribbean Princess” for five ENTIRE days and nights in Port of Spain. My family still swears that I put on weight. The T&T government provided for hundreds of media personnel, as it was their duty to report on this huge event to the rest of the world. See TTSR News #020

How did you become involved in Shipbuilding and Repair? I am fortunate to come from a maritime family. My father was an International Seaman for seven years and traveled all over the world, including Africa and Turkey on Norwegian owned tanker ships. My eldest brother Captain William de Gannes is a Master Mariner (photo) and I am personally involved with my family’s industrial maritime business located in Trinidad.

What are the responsibilities as Deputy Leader in the Shipbuilding & Repair Cluster? The responsibilities are great. I have to organize S&R meetings / presentations, shipyard tours and cluster publications. CEO’s, Senior Managers and Business Owners attend, so it is important that our time is well spent. I try my best to make sure everyone is happy. Our Leader, William Huggins would say to me “Wilfred, we know you can handle yourself.” I like him.

Continued on Page 11

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How do you mentally prepare for a large Shipbuilding & Repair presentation?

Speaking on S&R matters comes naturally, being Editor

of the TTSR News. Every month, we always have to do a fair amount of research on S&R articles and I take time to read the international maritime news daily. At the Public Forum held in March 2008, I was totally unprepared as I was unaware they had me as a feature speaker (did not even wear a tie that morning). Luckily, it went well from the feedback received afterwards.

What does the future hold for the S&R Cluster? With the assistance of the Government of Trinidad and Tobago’s (GoTT), we can be leaders in Shipbuilding and Repair in this part of the hemisphere. Our own S&R expertise can be exported to our fellow islands, like the Dutch have done worldwide. The Gulf of Paria is one of the largest sheltered harbors in the world and is an underutilized asset. The GoTT recognizes this and is looking to develop more maritime ports and offshore S&R Islands in the Gulf. See TTSR News #007

What gives you the greatest satisfaction being Shipbuilding & Repair Deputy Leader? Assisting in the diversification thrust at a time when it is most needed and by extension showing our Next Generation that the S&R industry can provide a really rewarding livelihood. We still need to develop a Stage II Training Programme to take our young graduates from the annual Maritime Mentorship Programme into our shipyards for an internship period.

One reason why Trinidad and Tobago needs to diversify its economy from being energy based? Our main revenues are from natural gas. Australia and Qatar, both have the largest gas fields in the world and the price for this commodity is expected to be at the low end for a long time. Qatar has a competitive edge in that they also have a custom designed fleet of fifty-four (54) Q-Flex and Q-Max LNG tankers which have many innovative features to maximize cargo deliveries. The time has arrived to urgently develop more non-hydrocarbon industries now. Continued on Page 12

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How did the birth of the TTSR News happen? I was invited by L.P. Marine and Industrial Supplies Limited, local Representatives for the Damen Shipyard Group to attend a viewing and test ride on the latest “Sea-Axe” design, a 5009 Fast Crew Supplier called “Doña Diana” (built 2007) which made a brief stop at Chaguaramas, en route to Mexico. Afterwards, I gave thought about how to share this wonderful experience with others and decided the best way, was to write a newsletter with the photos I took. See TTSR News #001 What does the future hold for the TTSR News? I would like to see our monthly eNewsletter published as a full colour magazine, with various stakeholder advertisements. We take it for granted that everyone has a computer, but this is not the case in our country. With a printed version it would reach a larger everyday audience, while educating our citizens and young students about the shipbuilding and repair industry, career opportunities, contracts available, etc. What is the most interesting country you have ever visited and why? It would definitely be the People’s Republic of China. I have been there twice in the last five years. One issue though the country has a huge population of 1.3 billion. Nevertheless, the government seems to be able to manage and control this enormous population very well. The Chinese are helpful, entrepreneurial and ambitious. They work hard, something our country can learn from.

************************

www.marinelink.com

MARITIMEREPORTER

ANDENGINEERING NEWS

Ship Repair & Conversion

Leaders Discuss OpportunitiesGovernment Update

Death of the Single Hull TankerEye on Design

VIRTUE: Boosting Role of CFD Five Minutes With

Sander van Oord, Damen+ Marine Propulsion Updates+ BLOGS MaritimeProfessional.com

Where to find business in 2010 & Beyond

EmergingMarkets

(HINT: One of them is pictured below)

January 2010

The World’s Largest Circulation Marine Industry Publication • The Information Authority for the Global Marine Industry since 1939

Reprinted from the January 2010 Edition of Maritime Reporter & Engineering News

The Trinidad and Tobago Shipbuilding andRepair Cluster, an initiative of the Ministry ofTrade and Industry (MTI) was formed in 2007to plan and carefully develop this “new” areaof maritime activity within our twin islandcountry. International maritime and transportconsultants Barry Rogliano Salles (BRS) andGlobal Insight were contracted by theGovernment of the Republic of Trinidad andTobago (GORTT), through the MTI inSeptember 2007 to undertake a comprehensivestudy on this sector. Initially the idea wastabled to build Liquid Natural Gas (LNG) car-rier ships in Trinidad, as our country then andstill today continues to be one of the main sup-pliers of LNG to the North American market.It was predicted that thousands of shipmentswould be required to lift these precious car-goes from Point Fortin for final delivery tovarious regasification terminals scatteredalong the eastern seaboard of the U.S. At theearly stages of this consultation exercise, localstakeholders had different views about thisconcept, as they saw as a pre-requisite Trinidad and Tobagonationals first needing to buildtheir competencies and to formstrategic alliances related to thebuilding of these technological-ly sophisticated ships. One ofthe main recommendations tothe consultants was initially tospecialize in the constructionand repair of smaller vessels,vessels less than 5,000 DWT, arange of vessels includingwater-taxis, fast ferries, inter-island cargo ships, anchor han-dling supply vessels, tugs andbarges. In the last eighteenmonths, the T&T Shipbuildingand Repair Cluster which atpresent comprises some 25local and foreign stakeholdershas received various enquiresfrom around the globe andthese have been collectivelyestimated at TT$2.5 billion todate. These enquiries vary fromshipbuilding, ship repairs and

conversions and the establishment of new mar-itime service providers in Port of Spain. Thecluster has also managed to attract a number ofmajor global maritime players including,ASCO (British oil and gas logistic specialist),Det Norske Veritas (Norwegian ship certifica-tion), GAC (Dubai based logistics, shippingand marine services), Lloyd’s Register(London based ship certification) and Wärtsilä(well known Finnish ship design, ship propul-sion and automation manufacturer).

Amongst the local cluster stakeholders areAlstons Shipping Limited (Ansa McAlGroup), Damus Group, Tracmac Limited(Division of Neal and Massy Group), localdealer for Caterpillar marine engines, CantrexLimited Member of the Bhagwansingh Groupof Companies which produces aluminiumextrusion supplies for the construction, ship-building and repair industries and several oth-ers.

In the 2010 Budget recently passed inParliament, approximately $100 million dol-

lars has been allocated towards the acquisitionof two new harbor tugs by the National EnergyCorporation (NEC) to be built by the DamenShipyard Group. The government togetherwith the maritime cluster, through theShipbuilding and Repair DevelopmentCompany of Trinidad and Tobago Limited willbe building, maintaining and repairing thesetypes of vessels, as a result of this uniquePublic Private Partnership (PPP).

In August 2009, another successful MaritimeMentorship Program was undertaken for a sec-ond year. This program was held during thevacation period and organized by the BusinessDevelopment Company Limited (BDC), astate agency under the Ministry of Trade andIndustry. The aim is to encourage young menand women 15-17 years to seriously considerthe maritime industry, including shipbuildingand repair as a rewarding career.Approximately 50 Mentees participated in thisyear’s shipbuilding and repair presentation,which was oversubscribed. The program

Trinidad and Tobago

High Hopes for the Shipbuilding & Repair Sector

Wilfred de Gannes – the author and S&R Deputy leader — stands in front the 70,912 dwt self-unloadingBulk Carrier MV “SOPOT” on dry-dock at Chaguaramas Bay, Trinidad.

TrinidadTobagoMRJanuary2009Reprint:January 2009.qxd 1/25/2010 10:18 AM Page 1

Reprinted from the January 2010 Edition of Maritime Reporter & Engineering News

included local and foreign speakers on themaritime industry and visits to ports and ship-yards. Already, plans are to expand this pro-gram in 2010 and to offer an internship to takethese young graduates into an intensive periodof learning and practical training at the mainshipyard(s).

www.tts-r.com

By Wilfred de Gannes – S&R Deputy Leader,T&T Shipbuilding and Repair Cluster, an ini-tiative of the Ministry of Trade and Industry.

Overhead view of one of the main shipyards, located in Chaguaramas Bay, Trinidad.

TrinidadTobagoMRJanuary2009Reprint:January 2009.qxd 1/25/2010 10:18 AM Page 2

Q4 / 2009

Commonwealth heads of Government

meetinG 2009

26 AmCham T&T Linkage Q4/2009

international maritime and transport consultants barry rogliano salles (brs) and global insight were contracted by the government of the republic of Trinidad and Tobago (gorTT), through the mTi in september 2007 to undertake a comprehensive study on this sector.

Initially the idea was tabled to build Liquid

Natural Gas (LNG) carrier ships in Trinidad, as

our country then and still today continues to

be one of the main suppliers of LNG to the

North American market. It was predicted that

thousands of shipments would be required to

lift these precious cargoes from Point Fortin for

final delivery to various regasification terminals

scattered along the eastern seaboard of the

United States of America. At the early stages of

this consultation exercise, local stakeholders had

different views about this concept, as they saw

as a prerequisite Trinidad and Tobago nationals

first needing to build their competencies and to

form strategic alliances related to the building of

these technologically sophisticated ships. One of

the main recommendations to the consultants

was initially to specialise in the construction and

repair of smaller vessels, vessels less than 5,000

DWT (deadweight tons, being the amount of

cargo a ship could safely carry). Examples of

these small vessels would be water-taxis, fast

ferries, inter-island cargo ships, anchor handling

supply vessels, tugs and barges.

In the last eighteen months, the T&T

Shipbuilding and Repair Cluster which at present

comprises some twenty-five local and foreign

stakeholders has received various enquires

from around the globe and these have been

collectively estimated at TT$2.5 billion to date.

These enquiries vary from shipbuilding, ship

repairs and conversions and the establishment of

new maritime service providers in Port of Spain.

The cluster has also managed to attract a number

of major global maritime players including,

ASCO (British oil and gas logistic specialist), Det

Norske Veritas (Norwegian ship certification),

GAC (Dubai based logistics, shipping and marine

services), Lloyd’s Register (London based ship

certification) and Wärtsilä (well known Finnish

ship design, ship propulsion and automation

manufacturer).

Amongst the local cluster stakeholders are

Alstons Shipping Limited (Ansa McAl Group),

Damus Group, Tracmac Limited (Division of Neal

and Massy Group), local dealer for Caterpillar

marine engines, Cantrex Limited Member of

the Bhagwansingh Group of Companies which

produces aluminium extrusion supplies for the

construction, shipbuilding and repair industries

and several others.

In the 2010 Budget recently passed in

Parliament, approximately $100 million dollars

has been allocated towards the acquisition of

two new harbour tugs by the National Energy

Corporation (NEC) to be built by the Damen

Shipyard Group. The government, together with

the maritime cluster, through the Shipbuilding

and Repair Development Company of Trinidad

and Tobago Limited, will be building, maintaining

and repairing these types of vessels as a result

of this unique Public Private Partnership (PPP).

Our country with its large fleet of water taxis,

inter-isle ferries, harbour tugs and offshore

patrol vessels on order would automatically

become the largest customer initially. The result

would be a net savings of millions of dollars in

BriGht fUtUre for loCal t&t shiPBUildinG and rePair seCtor

by wiLfred de gAnnes S&R Deputy Leader.

T&T Shipbuilding and Repair Cluster.

The TrinidAd And TobAgo shipbuiLding And repAir CLusTer, An iniTiATive of The minisTry of TrAde And indusTry (mTi) wAs formed in 2007 To pLAn And CArefuLLy deveLop This “new” AreA of mAriTime ACTiviTy wiThin our Twin isLAnd CounTry.

business

AmCham T&T Linkage Q4/2009 27

valuable foreign exchange and the employment

of thousands of citizens directly and indirectly, as

this industry is very labour intensive.

In August 2009, another successful Maritime

Mentorship Programme was undertaken for a

second year. This programme was held during

the vacation period and organised by the

Business Development Company Limited (BDC),

a state agency under the Ministry of Trade and

Industry. The aim is to encourage young men

and women 15-17 years to seriously consider

the maritime industry, including shipbuilding

and repair as a rewarding career. Approximately

fifty (50) Mentees participated in this year’s

shipbuilding and repair presentation, which was

oversubscribed. The programme included local

and foreign speakers on the maritime industry

and visits to ports and shipyards. Already, plans

are to expand this programme in 2010 and

to offer an internship to take these young

graduates into an intensive period of learning

and practical training at our main shipyard(s).

With the ongoing world economic crisis, a

recent article published in a local newspaper

correctly stated that this has negatively affected

the shipbuilding sector. This is simply because of

the existing demand and supply imbalance which

is the case primarily for the large ships over 5,000

DWT. Looking back, the original recommendation

made to the foreign consultants by the

Shipbuilding and Repair Cluster in 2007 is correct.

Luckily, for all concerned this recommendation

was accepted. Nevertheless, as in the old saying

“with crisis there is opportunity”, as a result of

the current downturn, there is an enormous

glut in the worldwide oversupply of these large

ships including LNG Carriers, Bulk Ore Carriers

and Very Large Crude Carriers (VLCCs) chasing a

small number of cargoes. This has created a new

market for the Shipbuilding and Repair Cluster

and our country, as thousands of these ships

that were ordered in 2007 and recently launched

by foreign shipyards located mainly in South

Korea, Japan and the People’s Republic of China

have to be “laid-up”, some without ever having

transported a single shipment of cargo.

Trinidad is also blessed with having one

of the largest natural sheltered harbours in

the world, the Gulf of Paria, which is located

outside the hurricane belt. The numerous yachts

that arrive at Chaguaramas Bay testify to this.

Several large ships with varying flags fluttering

in the mild breeze are clearly seen in the Gulf of

Paria. Already, some of the cluster stakeholders

have started the business commonly referred

to in the maritime world as ‘ship lay-up’. The

crisis has created a new opportunity for our

country and is fast becoming a valuable earner

of foreign exchange. Possibly, the Shipbuilding

and Repair Cluster may also have to officially

include this maritime word in their vocabulary,

as increased demand for smaller vessels would

be immediately needed to properly service the

needs of these larger ships, while they patiently

await instructions from their respective owners /

ship managers thousands of miles away.

The shipping industry is a multi-billion dollar

global industry, one which is the first to feel the

effects of a recession and also the first to recover.

Recently, Mr. Joep Gorgels, head of European

Transportation at Fortis Bank Nederland stated

“We have to find €500 billion needed for ship

financing between 2011 and 2012.” If our

local shipbuilding industry would successfully

get half of one percent of this huge amount, it

would be unsound for any writer, economist or

potential investor to describe the future of local

shipbuilding as being “bleak”.

What better diversification of our economy

can a country want at this present time? Our

country has substantial foreign exchange earning

capacity: the industry is also labour intensive.

In the dynamic maritime industry there is an

old saying: “If you stop moving, you're dead.''

To learn more about the VISION of the

T&T Shipbuilding and Repair Cluster visit their

website at www.tts-r.com

(an initiative of the Ministry of Trade and Industry).E-mail: degstt@hotmail.com

Website: www.tts-r.com

T&T SHIPBUILDER & REPAIR NEWS www.tts-r.com ISSUE #030 – MARCH 2010. +1 (868) 384 - SHIP

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T&T SHIPBUILDER & REPAIR NEWS www.tts-r.com ISSUE #030 – MARCH 2010. +1 (868) 384 - SHIP

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