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Oct 12, 2021

Multipurpose Port Can Accommodate Cargo and Cruise Ships

Andrew Lane

Dredging over seven million cubic meters of silt is the largest aspect of the Port of Belize’s expansion undertaking. It is also the most costly part of the venture. C.E.O. Lane explains why developing a multipurpose port makes sense from a business standpoint, when taking into account the investment being made.

 

Andrew Lane, C.E.O., Port of Belize Limited

“It is a multipurpose port, so we have a cargo function, we have tourism function.  The big expense and it is the same the world over, the big expense that we have here is the dredging. So in order for the business case to be making any sense whatsoever, we need to pay that investment back through a combination of revenues gained from cargo and cruise. Neither one of those two activities in itself can justify the dredging we need to do. Our approach to the channel today is ten meters deep. We have eight point two meters, in the turning basins and alongside. We are taking that down to twelve meters and that where the seven million cubic meters of dredge material comes from. So, that just the way it is. People are saying why don’t you just do the cargo? Why don’t you just do the cruise? And the answer for that is, if it is one or the other it is not a viable project and it is not going to happen.  Currently, today we handle around about a hundred thousand tons of bulk cargo. We believe the new facility will give us capacity to handle six hundred thousand tons or more.”


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