Tag Archives: exclusive economic zone (EEZ)

The US$11.5 million offshore patrol vessel (OPV) that was purchased from the American company, Metal Shark, underwent a rigid sea trial that resulted in the need to make a number of modifications to make it fit-for-purpose in Guyana’s marine environment, sources said. “Sea trials must have problems,” one source said. Shortly after leaving the shipyard in the United States, sources ...

by Retired Rear Admiral, Dr Gary Best The Ali administration seems not to understand, or deliberately misunderstands the concept of defence diplomacy. See my opinions published by Demerara Waves Online on September 2023 and February 2024. And even less interested in spending taxpayers’ dollars to defend Guyana, as a priority. Defence diplomacy is a conjoined term. It means the ability ...

(Bloomberg) — One of the world’s most-influential insurance markets added Guyana to its list of the riskiest shipping zones amid an escalating territorial dispute with neighboring Venezuela. The decision announced by Lloyd’s Market Association’s Joint War Committee on Monday applies only to vessels visiting offshore installations in the Guyanese Exclusive Economic Zone outside the nation’s “territorial waters.” The move may ...

The Guyana Defence Force (GDF) is asking for money to buy helicopters and boats to meet the challenges of an oil and gas state, even as President David Granger says the country’s oil-rich maritime zone faces a serious threat. “As the force continues this transformative process, ocean patrol vessels for the coast guard are necessary, helicopters for the air corps ...