3. 3
1
2
4
5
9
7
12
11
6
10
8
Key
1. Chaguaramas Boatyards, CL
Dry-dock & Alcoa Transshipment
Port
2. Port of Spain Port
3. Point Lisas Port
4. San Fernando Ferry
Terminal
10. Brighton & Point Fortin Ports
– Oil Supply Company and
Shipment of LNG
11. Galeota Port
12. Scarborough Port
13. Hibiscus Gas Field
14. Southern Oil Fields
15. Gas & Oil Field
16. East Manzanilla Gas Field
17. Angostura Gas Field
18. Oldendorff Transshipment
Port
13
T&T Maritime landscape
4. Maritime Industries
1. Located near international shipping lanes to large and
growing markets
2. Outside of Hurricane Belt – Low incidences of natural
disasters
3. High maritime activity requiring service companies
4. The Gulf of Paria is a naturally sheltered harbour with
dredged shipping channels of 13 metres deep.
5. Trained maritime professionals
6. Long history in marine fabrication, including offshore
platform construction.
Why Invest in Maritime Industries in T&T?
“We offer a number of natural and industrial
advantages.”
5. Near Global Shipping Lanes
• Located off the
coast of Venezuela
• Within 12 miles of
major shipping
lanes.
6. Robust Economies
Country GDP (2011) (In
Billions USD)
Colombia 333.4
Venezuela 316.5
Guyana .002
Suriname .004
Brazil 2,477
Uruguay 46.7
Argentina 446
Cumulative
3,626.5
Economies of Eastern South America
11. A naturally sheltered harbour
• Trade winds and ocean swells come from the north east,
making the Gulf of Paria a naturally sheltered harbour with
few waves and light winds.
• Swells averages average less than one metre in the Gulf of
Paria throughout the year due to the wind and wave
direction.
• Wind speeds averaging seven knots in the windiest months
and four knots in the least windy month.
• Wind direction is offshore in the Gulf of Paria, leading to no
major swells.
13. History of marine fabrication
• Offshore drilling in existence since 1954. T&T is the
leading oil and gas producer today
• 38 oil and gas companies currently active; numerous
downstream industries
• Dry-dock & ship repair facility more than 100 years old
16. Bulk Cargo Transshipment
Geographical Advantages
• Located along the South America/Asia bulk goods shipping
route
• Outside of the Caribbean Hurricane Belt
• Ease of handling and safety due to low wind speed. Wind
speeds of seven knots in the windiest months and four knots
in the least windy month
• Large natural harbour areas, sheltered from ocean swells
Labour Force
• Well-trained
• Maritime operations training done at the University of
Trinidad and Tobago
Experience
• A number of companies have already located here
successfully (Alcoa, National Fisheries and Oldendorff)
18. Dry-Docking in Trinidad
Abundance of Demand
• Ships traveling within or passing near to Trinidad and Tobago’s
territorial waters
• Increasing ship transport to Trinidad and Tobago, as well as
Eastern South America
• Numerous oil-supply vessels servicing the local oil and gas
industry
Energy Cost
• Lowest energy costs in the region – $0.30/Kwh
Labour Market
• 16 major local institutions producing graduate welders
• Two local schools training new commercial divers
• Nine local dive companies
Experience
• Success by the CL Marine Limited is an indicator of a small part of
the market that can be captured.
• Currently facilitating investment interest in large dry-docking
facilities
19. Leisure Marine
Geographical Advantages
• Below the Hurricane Belt
• Insurable sea space during the hurricane season
• Low wind speeds
• Large amount of protected coves and inlets
Existing Infrastructure
• 13 marinas within close distance
• Full range of service and repair facilities
• Dry-docks & travel lifts in many marinas
Experience
• The largest leisure boat service and repair cluster in the Southern Caribbean
• High level of quality and experience in boat service and repair
21. More reasons to invest!
No foreign exchange controls
Exemption from duties on capital goods
100% foreign ownership of locally-registered private
companies
Full repatriation of profits
Land ownership capability
Double taxation treaties with Canada, Caricom,
China, Denmark, France, Germany, India, Italy,
Luxembourg, Norway, Sweden, Switzerland, United
Kingdom, United States of America and Venezuela