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Guyana Builds Resilient Blue Economy

Guyana Builds Resilient Blue Economy

Published 2 days, 13 hours ago
Description

Guyana is accelerating its blue economy ambitions to weather global shipping chaos, with disruptions in key chokepoints like the Red Sea and Strait of Hormuz hitting Caribbean food, energy, and trade hard. This regional crisis demands unity—CARICOM leaders warn that maritime instability affects everyone, from economic stability to daily life. Guyana’s Shipping Association is pushing for greener, affordable shipping solutions tailored to developing nations, while the Maritime Administration underscores that “the sea is one,” urging collective action on safety, environment, and resilience. The Minister of Public Works calls for smart, sustainable ocean resource use, as Guyana invests $6 billion to dredge the Demerara Channel and modernize ports with digital upgrades. New port laws aim to create an independent authority, and Norway-backed initiatives are helping Caribbean states build stronger, greener maritime systems—all to turn Guyana into a regional maritime and aviation powerhouse.

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