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MARAD examines options to remove sunken boats, ships

Guyana’s Maritime Administration (MARAD) is working towards the removal of wrecked ships and boats especially those in and around the Georgetown harbour where an upsurge in marine traffic is expected, a top official of that government regulatory and safety agency said Thursday. Director-General of MARAD, Claudette Rogers told Demerara Waves Online News that, talks were underway with Guyana’s lone salvor ...

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Internationally recognised marine safety training institute launched

Guyana’ maritime training institute MatPal and TOTALTEC Academy on Thursday announced they have teamed up to form the Maritime Safety Training Institute (MSTI), to offer state-of-the-art maritime and safety related training programmes. MatPal’s CEO Colleen Abrams told Demerara Waves Online News that even as the her entity and TOTALTEC “actively” pursue accreditation from the National Accreditation Council (NAC), the institute’s courses ...

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Govt raising false short-term hopes about oil wealth – Jagdeo

Opposition Leader, Bharrat Jagdeo is painting a bleak economic picture for Guyana, saying that the US$300 million annual oil revenues would be insufficient to guarantee improved standards of living from 2020. Addressing the Georgetown Chamber of Commerce and Industry’s (GCCI) annual awards ceremony held Wednesday night at the Marriott Hotel, the former Guyana President forecast that the country was not ...

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Spend some oil revenues on tourism development- THAG; Tourism Authority says tourism plans being developed

The Tourism and Hospitality Association of Guyana (THAG) wants government to invest some of the oil boom revenues and at the same time protect the country’s biodiversity by banning the wildlife trade. THAG’s President, Mitra Ramcoomar issued the calls at the Guyana Tourism Authority’s Award Ceremony held Tuesday night. “What will make this industry sustainable is sustainable practices…we need to ...

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ExxonMobil donates US$40,000 worth equipment to University of Guyana

The University of Guyana’s Faculty of Natural Science was given a boost with the donation of over $8.3Million (US$40,000) in equipment by ExxonMobil, Yuesday morning. Among the highly specialised equipment presented were; a Baader Multi-Purpose Coma Corrector, a Bsc Optics Diode Laser; Wireless Temperature Sensor; Demo Mirror Concave; 1 Meade Series 5000 HD-60 Eyepiece Kit; 1 Orion XX 16G GO-TO Truss Dobson ...

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Guyana paying more for fuels; Shipping Association reiterates call for port master plan

Guyana is spending more to purchase fuels due to the closure of Trinidad and Tobago’s oil refinery, Petrotrin,  increased transportation costs from other sources and the inability of the Demerara River to accommodate larger tankers, Finance Minister Winston Jordan says. “Until we could dig out the Georgetown Harbour and you could get larger boats and have the storage capacity built ...

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Highly regulated Jamaican betting company expands to Guyana

The publicly traded Jamaican betting and gaming company, Supreme Ventures, has expanded its direct operations overseas for the first time, with its first stop being Guyana, a top official said. Chairman of Supreme Ventures (Guyana Holdings), Walter Scott said the company entered the Guyana market after engagements with the Guyana Revenue Authority (GRA), the Gaming Authority and the Financial Intelligence ...

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Lower profits, stiffer laws force sale of foreign banks in Guyana, Caribbean

The Canada-headquartered Scotiabank and India’s Bank of Baroda have decided to sell out their operations in Guyana and other Caribbean countries due to declining profits and tighter anti-financial crimes legislation, Finance Minister Winston Jordan said. “These banks consider doing business in these states not profitable anymore; not that it’s not making profits but it’s not profitable for them to continue ...

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GNSC gets newly revised ISO standard

The Guyana National Shipping Corporation Ltd has been successfully re-certified in line with the newly revised ISO 9001:2015 standard, the company announced Friday. The company says it previously earned certification under ISO 9001:2008 in 2012 and has been audited and registered annually by SGS Certification Services. Three Departments of the Guyana National Shipping Corporation Limited (the Shipping Agency, Insurance Division ...

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United Airlines explores flying to Guyana

The United States (US)-headquartered United Airlines is exploring the possibility of adding Guyana to its list of destinations, as that Houston-based carrier seeks to take advantage of  the South American nation’s emerging oil and gas economy, officials said. Junior Minister of Aviation, Annette Ferguson confirmed that United Airlines has set its eyes on the Guyana market and a delegation was ...

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