PM Says New Crane Marks Major Step Toward Transshipment Hub
Prime Minister Gaston Browne says the commissioning of a new cargo-handling crane at the Deepwater Harbour marks a major step in Antigua and Barbuda’s plan to develop a regional transshipment hub.
Browne said the new equipment is “a strategic investment in the future of Antigua and Barbuda,” adding that it follows an estimated EC$500 million invested in cargo and cruise port modernization in recent years.
According to the prime minister, the crane represents more than an operational upgrade, describing it as a symbol of the government’s commitment to modernization, competitiveness and global connectivity. He said the addition will increase cargo-handling capacity, reduce turnaround times and improve the reliability of port operations.
The improvements, he said, are expected to support business facilitation and benefit importers, exporters and local entrepreneurs through faster and more efficient services.
“This step is part of a larger vision—our vision of transforming Antigua and Barbuda into a premier regional transshipment port,” Browne said.
He said expanding capabilities, integrating modern technology and strengthening logistics infrastructure will help attract major shipping lines seeking efficient and reliable partners in the Caribbean. Greater cargo volumes, he added, would reduce freight and handling charges and lower the cost of doing business.
Browne said the government anticipates increased revenues through higher taxes, fees and port-related services once transshipment activity grows. He also projected job creation for technicians, engineers, logistics specialists and young people entering the maritime sector.
Beyond the port gates, Browne said the growing maritime economy could trigger new industries, including bunkering, ship repair, marine supplies and warehousing.
“When you bring all these benefits together…the conclusion is clear: The transformation of our port into a transshipment hub will become a major engine of national growth and a significant contributor to our GDP,” he said.
Browne described the crane as “a symbol of progress” that signals Antigua and Barbuda is “standing tall” and preparing to thrive in a competitive global environment.
