Rear Admiral Peter Brady, director general of the Maritime Authority of Jamaica, has been reappointed to the Board of Governors of the World Maritime University (WMU) with effect from March 2014 for a further two-year period. He was first appointed to the board in 2008. The WMU, located in Malmo, Sweden, is a postgraduate maritime […]
Happy students of the Tavares Gardens Primary School wait patiently to have their eyes tested during the Shipping Association of Jamaica’s 75th Anniversary Health Fair. The fair was held in partnership with Dr Havalee Henry, a student of Yale Medical School and recipient of the Arthur Guinness Fund Award. View Source Here
“The economic recovery in Jamaica is now under way,” Brian Wynter, governor of the Bank of Jamaica (BOJ), told members of the Shipping Association of Jamaica (SAJ) last week. Wynter was addressing members of the SAJ at the association’s Lunch and Learn seminar held last Thursday at the SAJ’s Fourth Avenue offices. The BOJ governor […]
Students from across the island – from the primary to the tertiary level – were last Thursday educated on how mathematics is utilised in the shipping industry. The students were participants in the Ministry of Education’s National Mathematics Expo at the University of the West Indies, Mona campus. Held under the theme ‘Maths Revolution = […]
Joseph Lowe, director, Maritime and Transport Group Jamaica’s economy may experience little or no growth in 2014. In my opinion, at best, 0.1 per cent growth may be achieved, as I have not heard of any short-term strategies to encourage investments to create jobs, which is necessary for growth. The present International Monetary Fund agreement […]
Dr Fritz Pinnock, executive director, Caribbean Maritime Institute. An important aspect of productivity within any industry is planning for the future. This involves forecasting the likely occurrences and performance levels to be experienced during a pre-determined period of time. Today’s dynamic approach to productivity indicates that the traditional approach to linear forecasting from year to […]
Michael Bernard, director, Jamaica Freight & Shipping Company Limited With Jamaica’s projected growth for 2014 being 1.2 per cent, the economic outlook is going to be challenging, at best. While Jamaica has passed three of the International Monetary Fund-prescribed tests, the conditions for the country’s growth still have not been established. With regard to trade, […]
SINCE OUR return to the International Monetary Fund (IMF) for funding support in May last year, economic activity in Jamaica has been trending in a positive direction, notwithstanding that this growth rate has remained in single digits. Notably, we ended the October to December quarter of 2013 recording growth of 1.4 per cent. The business community […]
FOR 2014, international trade is expected to grow between 4.5 and 5 per cent. Growth in the shipping industry is directly linked to growth in international trade, but I believe that this projected growth will have only marginal impact on the volume of cargo handled at our ports, and by extension, our economy. There are […]
Although the International Monetary Fund (IMF) has reported the world economy will grow by 3.7 per cent in 2014, the IMF, World Bank, and the United Nations have all agreed that the growth forecast for Latin America and the Caribbean will be around three per cent in 2014 and 3.3 per cent in 2015. They […]
