• Sun. Nov 24th, 2024

Guyana Port Inc eyes expansion into building Oil Tankers

ByStaff Reporter

Apr 18, 2024

The building of Oil Tankers is on the cards for a local company, Guyana Port Incorporated (GPI). Managing Director, Pritipaul Singh Jr made this disclosure during his presentation at the 2024 Local Content Summit on Tuesday.  

In addition to building oil tankers, the company also has its sights on developing a floating dry-docking facility. 

“We are now looking at an immediate investment in dredging and also,  into shipbuilding. So, we want to be building barges, tugs and eventually, cargo vessels and even oil tankers in Guyana.” 

According to Singh, the company is exploring the option of a joint venture with Demerara Docks Incorporated to make its plans a reality. 

Guyana Port Inc. was established in 2019 and according to the company’s website, it has a workforce of 100 employees who work 24/7 to cater to the technical needs of their clients. 

It is located 16km from the mouth of the Demerara River and boasts the only 2000 metric tons of floating drydock in the country. 

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