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DEEP-WATER EXPLORATION &
OIL REFINERY RESTART
The 2025 deepwater bid round launched by the Ministry of Energy and Energy Industries marks the largest in national history. According to S&P Global, it aims to unlock hydrocar- bon potential in Trinidad’s unexplored eastern frontier. This effort will require very large seismic ships, drilling vessels, and advanced offshore support.
Parallel to this, the proposed restart of the Point-a-Pierre re? nery closed since 2018 will signi? cantly increase ship- ping activity. Once successfully restarted an expected rise in visits by Very Large Crude Carriers (VLCCs), Aframax tankers, and LR2 vessels, operated by major U.S.-listed companies like Frontline plc (NYSE: FRO) and DHT Hold- ings, Inc. (NYSE: DHT) is expected. Increased demand for fuel bunkering, ship supplies, and repair services both dock- side and at anchorage will follow.
CONCLUSION
As Trinidad and Tobago charts a bold course forward, its maritime sector is primed for transformation. Through the
La Brea Shipyard, expanded LNG repair capabilities, cruise tourism, and energy infrastructure investments, the country
A MULTI-PLATFORM is positioned to become a regional leader in shipbuilding, logistics, and marine services. With strategic partnerships,
MARKETING SOLUTION government backing, and skilled human capital, the vision for a robust blue economy is no longer aspirational—it is
LEVERAGE THE FULL POWER OF THE actionable and within reach.
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Image courtesy SRDC
RIGHT TO LEFT: Maritime stakeholder Sham
Parasram in his former capacity at Svitzer (A.P.
Moller Group) and now Advisor – Marine Technical
For pricing or to learn how Maritime Reporter at bp with SRDC Chairman and CEO Wilfred de
Gannes being congratulated by The Honorable & Engineeing News and the Maritime Network
Prime Minister Kamla Persad-Bissessar, MP, SC during her
