Mar 12, 2016
SHIPBUILDING & REPAIR CLUSTER STAKEHOLDERS:
William Huggins (Leader) – Tracmac Engineering (Neal & Massy Group)
Wilfred de Gannes (Deputy Leader) – William Marine Ltd.
Pearl Pierre Jones (Rapporteur) – Executive Training Ltd. Paul Alonzo – Anti-Corrosion Technical Services Ltd.
Colin Barcant – Strategic Development Partners Ltd.
Andrew Bernard – Trintrac Ltd.
Tommy Johnson – Y.S.A.T.T. / C.I.S.L. Marine
Etienne Mendez – Trinidad Dry Dock Company Ltd.
Ashley Menzies – Industrial Marine & Industrial Inspection Ltd.
Selvan Moonan – Tracmac Engineering Ltd. (Neal & Massy Group) Richard Oudan – Caribbean Dockyard (Member CL Financial Group)
Bryan Persad – L.P. Marine and Industrial Supplies Ltd.
Gerald Jerry Samuel – J mec Ltd.
Anil Seeterram – The Phi Group
Lars Sodestrom – Crews Inn Group
Eldon Thompson – Trinidad Mooring & Launch Services Ltd.
PJ Williams – Caribbean Propellers Ltd.
Robert Wyllis- WYLCO Technologies and E.T.L. Ltd.
Yuhanna Yusuf – Heritage Designs and Developments Ltd.
SHIPBUILDING & REPAIR MARKET FOCUS:
SHIPS < 5,000 DWT
SHIPBUILDING & REPAIR SERVICES:
Utilizing Naval Architects / Technicians to design, build and repair ships < 5,000 DWT using fiberglass, steel, aluminum and concrete materials, together
with modern fabrication processes.
SHIPS TO BE BUILT / REPAIRED:
Deep Sea Multi Purpose Fishing Vessels
Terminal Tugs
Ferries
SHIPS TO BE BUILT / REPAIRED:
Inter Island Vessels
Platform Supply Vessels (P.S.V.)
Anchor Handling Tug Supply
SHIPS TO BE BUILT / REPAIRED:
Transport and Construction Barges
Mega Yachts
Coast Guard Ships
OTHERS NEWBUILDS:
Floating Drydocks
Pontoons
Monopile Mooring Buoys
SHIPBUILDING & REPAIRS TO STANDARDS:
The quality of building of the ship in any shipyard is assured by the use of classification societies such as Lloyd’s Register (UK), Germanischer Lloyd (Germany),
Det Norske Veritas (Norway) and so on.
The classification society will approve the details of the design and inspect and report on the building
process, ensuring that it meets minimum standards.
NEED FOR GOVERNMENT BUSINESS SUPPORT:
Government of Trinidad and Tobago (G.O.T.T.) can attract marine business investors to provide world
class maritime products / services and offer training that will create sustainable employment opportunities
to Nationals of Trinidad and Tobago by providing business structure support and business
development grants.
ECONOMIC DIVERSIFICATION:
This will increase diversification of the local economy away from the energy sector and increase
export revenue.
OUR FUNDAMENTAL ADVANTAGE:
SHIPYARD SPIN-OFF INDUSTRIES:
Several spin-off
industries
OTHER SHIPYARD RELATED SERVICES:
Support services
required for success
EXPANDED EMPLOYMENT OPPORTUNITIES:
HEALTH, SAFETY AND ENVIRONMENT:
HEALTH, SAFETY AND ENVIRONMENT:
It should be noted that the ‘smoke-stack’ and
‘sun set’ labels that are often applied to shipbuilding are misleading.
Products of the industry are amongst the most
technologically advance produced by any industry.
The modern shipbuilding process is also extremely sophisticated and modern shipyards are highly
efficient industrial enterprises requiring extremely competent management.
TECHNOLOGICALLY ADVANCE PRODUCTS:
SHIPBUILDING & SHIP REPAIR TRAINING:
Need
to keep up to date with
educational programs
COMMUNICATION: Monthly S&R e-Newsletter, to be published in print form with local and international distribution.
TARGET GROUPS: Community at Large. Government. Young People. Foreign Customers.
OTHER PRODUCTS: Booklets. School information tools. Television productions. S&R Website.
PARTICIPATION AT INTERNATIONAL MARINE TRADE SHOWS:
NECESSARY REQUIREMENTS: - Confidentiality Provisions – Non Disclosure Agreement (N.D.A.): Should be
created between the Ministry of Trade and Industry (M.T.I.) / T&T Shipbuilding & Repair Development Company Limited and Target Investor where there would be no public access to Business Proposals under considerations.
- Grants and Concessions: Offered for the period of development for new and
existing businesses.
GOVERNMENT SUPPORT: - Financial Injection: to properly establish and operate S&R.D.C.*
- Working Capital: Low interest Loan Facility or Guarantee - B.D.C.L.** - Minister’s License: To allow for the importation of all raw materials and
equipment associated with Shipbuilding and Ship repair sector development project, at Duty-free and Zero Value Added Tax rate.
- Tax Concessions: No Corporate Tax for the 1st Five (5) years of operation.
- No Value Added Tax (V.A.T.): Removal of V.A.T. on Shipbuilding and Ship
Repair sector output and services. S&R.D.C.* = T&T Shipbuilding and Repair Development Company Limited. B.D.C.L.** = Business Development Company Limited.
ORGANIZATIONAL GOALS (FY2008 – 2011): Increase Shipbuilding and Ship Repair Capacity: Enable Shipyard Sub-sector development:
- Approve 15 No. Business Development Grants (USD$50,000) each
- Approve 15 No. Market Feasibility Development Grants (USD$75,000) each. - Approve 15 No. Shipyard Sub-Sector Grants (USD$750,000) each.
Establishment of Five (5) new Shipyards throughout Trinidad and Tobago:
- Approve 5 No. Pioneer Shipyard Business Grants (USD$15,000,000) each. - Endorse 5 No. Working Capital Loan Facility/Guarantee (USD$5,000,000) ea.
Establishment of One (1) Advance Shipyard Park (>1,000 DWT): - Provide Shipbuilding and Ship repair opportunities to investors who do not
have access to shore side facilities, allowing them to part-take / expand into industry, in the shortest possible timeframe.
ORGANIZATIONAL GOALS (FY2008 – 2011): Short Listed Advance Shipyard Park Locations: 1. Between Point-a-Pierre and Waterloo* 2. Between La Brea and Cap-de-Ville* 3. Sullivan Island – Sea Lots (presentation held on December 20th 2007 at M.T.I.) * Further field visit / site investigations to be undertaken. Standardized Ship Building Plans:
- Commission Naval Architects to design plans for Fifteen (15) different type of ships, suitable for use by Trinidad and Tobago Shipbuilding Industry.
ORGANIZATIONAL GOALS (FY2008 – 2011): Public Relations and Education:
- Hosting Annual “T&T Maritime Exhibition / Conference”. - Hosting S&R Training Seminars / Workshops. - Hosting and maintenance of S&R Company Website.
- Implement and operate S&R Distance Learning Program. - Publish monthly “Trinidad and Tobago Shipbuilder & Repair News”.
- Publish S&R booklets.
- Produce school information tools.
- Produce S&R television productions.
ACHIEVING OUR DEVELOPMENT GOALS – VISION 2020: “The long-term objective of the country’s economic policy is economic diversification: creating goods and services for export which are not based on energy.” - Central Bank Governor Ewart Williams. Monetary Policy Report of the Central Bank, Port-of-Spain, October 2007.
“Given the estimated proven gas reserves-to-production ratio and assuming no further success in our exploration efforts, the worst-case scenario, Trinidad and Tobago has a 12 to 15 year window of opportunity for development of the non-energy sector.” - President George Maxwell Richards. Couva / Pt. Lisas Chamber of Commerce at their annual Christmas Dinner, November 2007.
“As a result of our strong and consistent macro-economic performance, the focus of the heritage fund has shifted from stabilization to wealth generation and of taking advantage of the considerable opportunity that it provides for an enterprising government in pursuit of economic diversification, much in the same way as other oil producing countries have done such as Norway, Qatar and Oman.” - Finance Minister Karen Nunez-Tesheira. Accounting Week, hosted by the Institute of Chartered Accountants of T&T (ICATT), Port-of-Spain, December 2007.
ACHIEVING OUR DEVELOPMENT GOALS – VISION 2020:
“Trinidad and Tobago cannot reach developed country status by 2020 if its energy sector-dependent economy is not properly diversified.”
"No aspect of the achievement of our overall objective of becoming a developed country constitutes a simple process and hardly is this anywhere more evident that in respect of meeting the diversification challenge."
- Prime Minister Patrick Manning. Sixth Annual Caribbean MBA Conference hosted by the University of Wharton and the Harvard School of Business, Port of Spain, January 2008.
S&R BUDGET PRESENTATION
IMPORTANCE NOTICE:
The details presented herein are the property of the T&T Shipbuilding and Repair Development Company Limited. These details supplied by way of this presentation are CONFIDENTIAL and PROPRIETARY and are presented for the sole purpose of enabling and advancing the ship building and ship repair industries in Trinidad and Tobago as described herein. This presentation document shall not be used for any other purpose other than that for which they are intended nor shall any part thereof be published, disclosed, copied, transmitted, or released to any other party without the prior written consent of W.H. de Gannes or the T&T Shipbuilding and Repair Development Company Limited. Acceptance of these presentation documents shall be considered as Agreement with these terms and conditions.