Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
News
Vernon Davidson Executive Editor, Publications davidsonv@jamaicaobserver.com  
March 24, 2015

Don’t sign that KCT deal, Henry urges Gov’t

KINGSTON, Jamaica — Mike Henry, the Opposition spokesman on transport and infrastructure, Wednesday called on the prime minister to delay signing the concession agreement for the privatisation of Kingston Container Terminal (KCT) and insisted that the Government answers questions on the issue tabled by him in the Parliament.

At the same time Henry suggested that the deal, under which Terminal Link CMA CGM Consortium will operate the port, will not meet the requirements of Jamaica’s desire to become a logistics hub.

“It really is going to confine us to just being a container port,” said Henry, who was the transport and works minister in the previous Jamaica Labour Party Government.

Prime Minister Portia Simpson Miller, in her budget presentation on Tuesday, announced that the Government had reached an agreement with Terminal Link for the company to operate the port.

“This transaction does not require a government guarantee and is the first transaction that would be included in the contingency ceiling legislated in April 2014,” Simpson Miller said.

The arrangement, she added, is a “long-term concession” which will include the expansion, financing, operation, maintenance, and transfer of the terminal.

“The agreement contemplates dredging, optimisation and expansion of KCT in two phases, which will include dredging of the ship channel, turning basin and some berths to accommodate post-Panama vessels. Phase one also contemplates significant civil works to retrofit and deepen some areas of the berths,” Simpson Miller said, adding that the signing is scheduled for April 7.

But Wednesday, Henry said the Government should put a hold on signing the deal and answer his questions.

Among the questions Henry tabled were:

• Would Terminal Link have qualified by itself for the bid process without either or both China Harbour Engineering Company or China Merchant?

• With the expansion of United States ports, Panama with six ports, port developments in Cuba and Puerto Rico, will limited dredging reduce the attractiveness of the KCT?

• Who now owns Terminal Link? What is the ownership structure locally and internationally? Is there an international structure of ownership?

• Will signing with Terminal Link likely diminish the appeal or limit the growth of the port in any way?

Henry on Wednesday told OBSERVER ONLINE that during his tenure as minister he had had discussions with CMA/CGM and the company had agreed to extend US$300 million to US$400 million to develop a section of the port.

“It is just as we would do for Zim of for Maersk if they came back, that’s what a hub is about, not confining it to one shipping company,” Henry said.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Gas prices up $1.22, $1.18, Diesel up $4.50
Business, Latest News, News
Gas prices up $1.22, $1.18, Diesel up $4.50
June 25, 2025
KINGSTON, Jamaica — Motorists should see an increase at the pumps in the price of gasoline effective Thursday, June 26, according to the latest ex-ref...
{"jamaica-observer":"Jamaica Observer"}
JSE, KSAMC sign MOU for use of Gold Street
Business, Latest News, News
JSE, KSAMC sign MOU for use of Gold Street
June 25, 2025
KINGSTON, Jamaica — he Jamaica Stock Exchange (JSE) and the Kingston and St Andrew Municipal Corporation (KSMAC) on Monday signed a memorandum of unde...
{"jamaica-observer":"Jamaica Observer"}
Man connected to major firearms,  ammo seizure in May charged
Latest News, News
Man connected to major firearms, ammo seizure in May charged
June 25, 2025
KINGSTON, Jamaica – The second man who was wanted in connection with the seizure of 14 firearms on Deeside Avenue, Kingston 10, on May 28, has been ca...
{"jamaica-observer":"Jamaica Observer"}
Trial of Sean ‘Diddy’ Combs heads into closing arguments
Entertainment, International News, Latest News
Trial of Sean ‘Diddy’ Combs heads into closing arguments
June 25, 2025
NEW YORK, United States (AFP) — After weeks of painstaking testimony in the high-profile trial of Sean "Diddy" Combs, legal teams will enter a pivotal...
{"jamaica-observer":"Jamaica Observer"}
Young Mozambican inventor bringing the blind smart ‘vision’
International News, Latest News
Young Mozambican inventor bringing the blind smart ‘vision’
June 25, 2025
MATOLA, Mozambique (AFP) — When Armando Ernesto Chau straps on the futuristic smart glasses that a young Mozambican robotics student is developing in ...
{"jamaica-observer":"Jamaica Observer"}
Guardiola says City must be ready to ‘suffer’ in Orlando heat
International News, Latest News, Sports
Guardiola says City must be ready to ‘suffer’ in Orlando heat
June 25, 2025
FLORIDA, United States (AFP) —Manchester City manager Pep Guardiola says his team must be ready to 'suffer' in the Florida heat when they face Juventu...
{"jamaica-observer":"Jamaica Observer"}
Forex: $161.21 to one US dollar
Business, Latest News, News
Forex: $161.21 to one US dollar
June 25, 2025
KINGSTON, Jamaica — The United States (US) dollar on Wednesday, June 25, ended trading at $161.21, up by eight cents, according to the Bank of Jamaica...
{"jamaica-observer":"Jamaica Observer"}
FRi~NALLY heads to Ocho Rios on Friday with Jahvillani, Pablo YG
Entertainment, Latest News
FRi~NALLY heads to Ocho Rios on Friday with Jahvillani, Pablo YG
June 25, 2025
KINGSTON, Jamaica — For the second time in its six-year existence, the popular weekly series Campari Fri~NALLY will head to Ocho Rios and bring its us...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct