Cuba Business

China helping Cuba to upgrade and expand cargo and tanker fleet

Posted December 06, 2012 by publisher in Cuba Business.

Rob Sequin | Havana Journal

China is investing in the development of Cuba’s commercial shipping fleet by agreeing to build ten 45,000 ton ocean vessels over the next several years.

Four have already been delivered to Cuba.

Six more will be delivered to the soon-to-be-opened container terminal port at Mariel, when they are finished. No delivery date was given.

Cuba says it will ultimately have seven tankers and five cargo ships bringing the total of more than thirty vessels under control of the Caribbean Navigation Company.

About 32 vessels from the auxiliary fleet of the Cuban company Caribe are currently being repaired; and a budget was approved to repair 48 more in Cuba, next year.

The modernization of ports and vessels began in 2010 due to the need to revitalize the fleet and port infrastructure, essential for the country.

Current investments in new and more efficient equipment will reflect in increased port activity and serve to replace the use of trucks which currently move about 70% of all cargo in Cuba.

Cuban ships carry dry, liquid, refrigerated, containerized and loose cargoes. All boats have a International Safety Management (ISM) Code issued by Lloyd’s Register of Shipping.

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