Sample Sidebar Module

This is a sample module published to the sidebar_top position, using the -sidebar module class suffix. There is also a sidebar_bottom position below the menu.

Sample Sidebar Module

This is a sample module published to the sidebar_bottom position, using the -sidebar module class suffix. There is also a sidebar_top position below the search.

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Despite significant decline in revenues in 2020, mainly from disruptions caused by the COVID-19 pandemic and the consequent loss of cruise business and rental income,

the Port Authority of the Cayman Islands (PACI) posted a surplus on operations of $929,000. This was well below the operational surplus of $5.1 million recorded in 2019. In 2020, the PACI spent $6.4 on capital items, including the expansion of the container storage area for RTGs; repairs to the yard at the Cargo Distribution Centre; replacement of channel markers with new technology lights; and, replacement of Wi-Fi and other IT upgrades. However, as in all ports in the Caribbean region, disruptions caused by the pandemic created dislocations and demanded interim measures and creative solutions. Adjustments instituted to survive the pandemic included: reduction of contracted staff; redeployment of cruise operations staff to other departments; leaving executive and management positions unfilled, and redistributing work to competent staff. Staff salaries were not reduced and there was no lay-off of any staff employee. Executive and management personnel performed additional roles, so as to keep the PACI’s expenses in check. —

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Portside Caribbean

info@kelman.ca 1-866-985-9780

Mission Statement

To foster operational and financial efficiency and to enhance the level of service to the mutual benefit of
Caribbean Ports and their stakeholders, through the sharing of experience, training, information and ideas.