Business

Kingston Wharves commissions Global Logistics Centre

Wednesday, December 20, 2017

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Shipping Association of Jamaica member company Kingston Wharves Ltd formally commissioned its Global Logistics Centre at Tinson Pen in Kingston on Saturday.

The centre adds to its growing investment in providing logistics services as part of the Jamaica Logistics Hub Initiative. When complete, it will span 18 acres as the first phase of this development with the potential for further expansion.

Speaking at the event, chief executive officer of Kingston Wharves Limited, Grantley Stephenson, noted that the company has been focused on the targets that have been set by the Government by the introduction of the Special Economic Zone initiative. He reiterated that this is the second initiative following its investment in the over 160,000-square-foot Total Logistics Facility that will handle less than container loads cargo.

Announcing that the first phase of the investment will be focused on the auto logistic market for new and used car dealers, Stephenson indicated that Jetcon Corporation Ltd is the first occupant providing services for the local and regional markets. He also indicated that ATL Automotive Group will be the next major client to occupy space as of February 2018.

Minister of Transport and Mining Mike Henry said that the initiative has been in gestation for a number of years, but he is very pleased that it has materialised.

“We are seeing the implementation of a Cabinet decision to decommission the Aeronautical Training School here to support the Logistics Development with the Port of Kingston. Over time all the current tenants at Tinson Pen will be relocated to provide space to grow the logistics opportunities that are knocking on our doors,” he said.

Henry added that the country should look to capitalise on the opportunities that are available as it seeks to position as the global logistics hub.

Kingston Wharves has been named the leading Caribbean multipurpose port six times since 2006, the latest being 2016. The port is undergoing a multimillion-dollar improvement project to position it to take advantage of opportunities in logistics. There are nine deep water berths which facilitate various cargo types including automobiles, container, general break bulk and bulk cargoes.

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