THE Kingston Freeport Terminal Limited played host to its largest cargo containership, the 13,414 TEU CMA CGM T Roosevelt, which docked at the Port of Kingston.
The Port Authority of Jamaica (PAJ) said in a news release that the arrival of the vessel represents the achievement of one of the concession agreement objectives between the port, PAJ and CMA CGM, reports the Jamaica Observer.
'Investment and capital works conducted under the concession agreement increased the capacity of the port and improves its competitiveness.
'[The] historic call demonstrates the benefits accrued to the Government of Jamaica through the concession agreement between the Port Authority of Jamaica and CMA CGM, while reiterating the various investments to date that have led to this being a possibility.
'These investments include the dredging of the shipping channel, the repavement of the South Berth and the strengthening of the quay wall,' said the release.
The port, which is owned by the Government of Jamaica, is under a 30-year concession agreement which stipulates that CMA CGM will be in charge of the day-to-day operations of the terminal as at July 1, 2016, and that this control reverts to the government after the end of the 30-year period.
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The Port Authority of Jamaica (PAJ) said in a news release that the arrival of the vessel represents the achievement of one of the concession agreement objectives between the port, PAJ and CMA CGM, reports the Jamaica Observer.
'Investment and capital works conducted under the concession agreement increased the capacity of the port and improves its competitiveness.
'[The] historic call demonstrates the benefits accrued to the Government of Jamaica through the concession agreement between the Port Authority of Jamaica and CMA CGM, while reiterating the various investments to date that have led to this being a possibility.
'These investments include the dredging of the shipping channel, the repavement of the South Berth and the strengthening of the quay wall,' said the release.
The port, which is owned by the Government of Jamaica, is under a 30-year concession agreement which stipulates that CMA CGM will be in charge of the day-to-day operations of the terminal as at July 1, 2016, and that this control reverts to the government after the end of the 30-year period.
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