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Remembering Rupert Smith: a prominent man in Belize's citrus Industry freshplaza.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freshplaza.com Daily Mail and Mail on Sunday newspapers.
CWU Unearths 2005 Agreement Between GOB and Big Creek Port channel5belize.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channel5belize.com Daily Mail and Mail on Sunday newspapers.
2021 August 11 | Channel5Belize.com channel5belize.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channel5belize.com Daily Mail and Mail on Sunday newspapers.
Jul 26, 2021 Andy Lane The Port of Belize Limited is slowly bouncing back after taking a major hit to its bottom line in 2020 at the height of the COVID-19 pandemic. Sugar exports were down and cruise ships stopped coming to Belize. This led the Port of Belize to terminate a significant portion of its staff in order to keep the company afloat. Chief Executive Officer at the Port of Belize, Andy Lane was a guest on Channel Five’s Open Your Eyes this morning.
Andy Lane, C.E.O., Port of Belize Limited “With the decrease in tourist, and the lockdowns, slowdowns in the economy then in 2020 we lost one fifth of our container volumes. At the same time, our sugar exports declined by fifty percent. And then, suddenly the cruise ships stopped in totally. So that was a ninety, I think statistically, a nine four or ninety seven percent loss that we had in 2020. 2021, we have seen a little bit of recovery. But, my volume and therefore my revenue was s ....
On the Phone: Andrew Lane “I think it is a very dangerous thing for a government of a country which relies on foreign direct investments to not honor agreements that it has made with enterprise. That ship has sat out there now for twelve days. She is supposed to load eleven thousand tons of sugar. And, the ship should have been finished by now. And, in twelve days the ship has loaded one thousand tons of sugar. That ship cost BSI thirteen and a half thousand US dollars per day. So, it has incurred one hundred and sixty two thousand US dollars of the moorage cost. And, what that then means is that for every one of the eleven thousand tons of sugar that it can carry there is a cost increase of thirty Belizean dollars per ton, of which sixty five percent will be on the sugar farmers in Orange Walk and Corozal.” ....