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:
- Two mobile harbour cranes, named Atlas and Hercules, have been installed at the joint berth.
- The cranes have a working radius of 49 meters and a lifting capacity of 125 tons, designed to serve Panamax class vessels.
- Ships can now allocate more space for cargo instead of carrying their own cranes, potentially increasing cargo capacity.
- The project is a joint venture between Muneshwers Limited and John Fernandes Limited under Cranes Guyana Inc.
- 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.
