Home' Trinidad and Tobago Guardian : December 26th 2014 Contents FATAL SWITCH
• Twitter: @GuardianTT • Web: guardian.co.tt
ST JOHN'S, ANTIGUA---The
government of Antigua has
signed a US$255 million deal
with a Chinese company to
renovate the island s main
port and harbour.
Prime Minister Gaston
Browne said China Civil En-
Corporation will modernise
St John s port and harbour.
The company previously
built other structures in An-
tigua, including a stadium
and new airport terminal.
The government is seek-
ing a loan from a Chinese
bank for the project.
Nearly 377,000 cruise
ship passengers visited An-
tigua this year through Oc-
tober, a 7 per cent drop
compared to the same pe-
riod last year. (AP)
With increased customer loads, due in part
to being the first airline in the world to rescind
the fuel surcharge, Caribbean Airlines (CAL)
has announced a revised schedule that will be
implemented from January 15 through to Feb-
In addition to increased capacity and more
non-stops, the carrier is also expecting major
cost savings from a more efficient schedule that
will see better utilisation of its 737 and 767 fleets.
Many of the changes will focus on its Port-of-
Spain hub at Piarco Airport, where improved
connection times will make it easier for our
guests to connect to/from various points in our
Some highlights of the new schedule changes
include the following:
• Launch of a new daily non-stop between
Trinidad and New York featuring the first wide-
body aircraft on the route, timed to provide an
end-of-business day flight to the Big Apple.
• A new daily departure on the Trinidad/New
York route, increasing to three daily non-stops
in each direction. With the one-stop service on
this route, frequencies will increase to 48 per
week---more than triple any other airline.
• The Georgetown/New York route is increased
to daily non-stops in both directions. Frequencies
over Trinidad are improved with daily through
flights to/from Toronto, Miami and New York.
• As the only airline offering non-stops from
Trinidad to London, CAL is increasing the fre-
quencies, effective Feb 4, 2014 to four weekly
• Termination of Toronto-Georgetown non-
stop flights effective March 1---but replaced by
a daily through flight in both directions.
Buoyed by the steep decline in the airline s
number one expense, aircraft fuel, CAL officials
are confident this new schedule will build on
the airline s goal to achieve profitability. The
revised 767 flying patterns will see increased
utilisation and a more customer-friendly schedule
based solely on flights to/from its Trinidad hub.
Improved schedules go hand-in-hand with
various product enhancements seen this past
year such as; improved in-flight entertainment
with new wall-to-wall screenings of the latest
Hollywood releases, introduction of free digital
headsets in all classes, a complimentary rum
cocktail courtesy of world-famous El Dorado
Rum and Nestlé Orchard, hot meals on longer
flights, free first checked-bag, and its renowned
Warmth of the Islands.
In early 2015 digital in-flight entertainment
players are to be installed in the entire 737 fleet
to improve the quality of screenings. Further
enhancements to CAL s product offering will be
announced in 2015.
AG Chem Plant Limited, a newly-
formed Jamaican company and a sub-
sidiary of Caribbean Chemicals and
Agencies Limited (CCA), recently signed
an agreement to acquire the Agriculture
Chemical Plant division (Ag Chem) of
Jamaican company J Wray & Nephew, a
subsidiary of Gruppo Campari of Italy.
CCA is the largest agricultural input
supplier in the English speaking Caribbean
and was founded in 1967 by Joe Pires Snr
It is based in T&T with offices in Guyana
and Suriname and has been a pioneer in
the agriculture business for over 47 years
to all the Caribbean islands.
The company represents some of the
largest brands in the agricultural industry
like BASF, Seminis, Jacto, Omex and Miller
AG Chem Plant Limited was formed to
acquire the assets of the agricultural chem-
icals division of J Wray and Nephew, which
include a formulating plant, land, buildings,
all trade names and chemical registrations
and all registrations in other Caribbean
Islands where 50 per cent of sales have
been for a number of years.
The directors of AG Chem Plant Limited
are Joe Pires Jr (Chairman) and Jamaicans
Simon duQuesnay, Paul Lalor, Martine
Fontaine, Ollie McIntosh, Raymond Miles
Jr and Bruce Levy.
Chairman of CCA, Mike Toney said
acquisition solidifies CCA s position as the
largest supplier to the Caribbean of inputs
"Our investment in this deal includes
the purchase price of US $8.2 million but
when you consider taxes and duties etc.
it is just over US$9 million that we would
pay on completion of this purchase," said
"We are confident that Jamaica and
regional agriculture will improve as Cari-
com governments recognise the need to
control their growing food import bill and
save foreign exchange. Of importance, is
it now also allows CCA to enter markets
that it has never entered."
Managing director of CCA Joe Pires Jr
explained that the acquisition of the for-
mulating plant was a strategic step, as it
allows the Jamaican subsidiary to supply
the rest of the Caribbean with products
that are now imported from China and
"We expect our Jamaican operation to
expand its exports in the region by 50 per
cent in the next 2-3 years and become a
net foreign exchange earner in the same
time period", said Pires.
"AG Chem is operated by Jamaicans and
with general manager Graham Dunkley
continuing to lead the company we expect
to be a good corporate citizen in Jamaica
and the region and continue to introduce
new technology to reduce our farmers
"We are extremely excited for the poten-
tial of this business and foresee a successful
and profitable future ahead."
buys Jamaica company
Chinese company to invest US$255m in Antigua port
of the Center for
displays a GM
similar to those
linked to 13 deaths
and dozens of
crashes of General
Motors small cars
like the Chevy
Cobalt, during a
on Capitol Hill in
story on Page A17)
Joe Pires Jr
Antigua Prime Minister
Links Archive December 25th 2014 December 27th 2014 Navigation Previous Page Next Page