Shipping association eyes rebound after decline in exports

Despite a decline in exports last year, President of the Shipping Association of Guyana (SAG) Desmond Sears says that the organisation is confident that the local shipping sector will rebound

“The Shipping Association is of the opinion that the local shipping sector will be making slow but sure progress over the years,” Sears told the SAG’s 7th Annual Dinner last Friday at the Marriott Hotel, where he said that there was a 17% decrease in exports and a 14% increase in imports in 2016.

Sears also used the occasion to call for revenue from the nascent oil and gas industry to be used for the development of infrastructure to improve the shipping industry.