A significant development in Guyana’s shipping industry has been unveiled with the commissioning of two mobile harbour cranes at the connected John Fernandes Ltd-Muneshwers Limited berths. This $14 million investment allows cargo ships to dock without their own onboard cranes, potentially increasing cargo capacity and efficiency.

Key points of this development include:

1. Two mobile harbour cranes, named Atlas and Hercules, have been installed at the joint berth.
2. The cranes have a working radius of 49 meters and a lifting capacity of 125 tons, designed to serve Panamax class vessels.
3. Ships can now allocate more space for cargo instead of carrying their own cranes, potentially increasing cargo capacity.
4. The project is a joint venture between Muneshwers Limited and John Fernandes Limited under Cranes Guyana Inc.
5. The Inter-American Development Bank (IDB) provided approximately $10 million in financing for the crane acquisition.

This development marks a significant step in modernizing Guyana’s port services and is expected to improve the efficiency of cargo handling. It also demonstrates a collaborative approach within the local private sector to meet the growing demands of Guyana’s rapidly expanding economy.