Assessing the potential for increased and enhanced maritime transportation in Latin America and the Caribbean: A case study of Trinidad and Tobago and Venezuela
| Date | 01 April 2011 |
| Published date | 01 April 2011 |
| Pages | 81-94 |
| DOI | https://doi.org/10.1108/20425945201100006 |
| Author | Khellon Quacy Roach,Raymond Mark Kirton |
| Subject Matter | Public policy & environmental management |
Copyright © 2011 WASD 81
*Corresponding author: University of the West Indies, Trinidad and Tobago; e-mail: Khellon.Roach@sta.uwi.edu
Assessing the PotentiAl for
increAsed And enhAnced MAritiMe
trAnsPortAtion in lAtin AMericA
And the cAribbeAn: A cAse study of
trinidAd And tobAgo And VenezuelA
World Journal of Science, Technology and Sustainable Development, Vol. 8, No. 1, 2011
Khellon Quacy Roach* and Raymond Mark Kirton
University of the West Indies, Trinidad and Tobago
Abstract: Accounting for over 90% of goods traded globally, Maritime Transport is un-
deniably the main mode of international transport for goods throughout the world. De-
spite the global financial crisis in 2008, growth in international seaborne trade continued,
albeit at a slower rate of 3.6% in 2008 as compared with 4.5% in 2007. The volume of
global sea-borne trade for 2008 totaled 8.17 billion tons as estimated by UNCTAD (2009).
Maritime transport is more critical to the develop ment of the small Caribbean states than
for most other regions because they exist as islands in the Caribbean Sea, and conse-
quently are heavily reliant on foreign trade. However, despite the advancement in the area
of maritime transport globally, Latin America and the Caribbean (LAC) continue to be
plagued with high transport costs, inadequate port and transport infrastructure and a lack
of coordinated maritime transport policies among others. It can, therefore, be widely ap-
preciated that in or der for LAC to achieve sustained economic development there is need
for improved maritime transport cooperation in the region. This paper seeks to use the
examples of Trinidad and Tobago from the Caribbean and Venezuela from Latin America
to examine the ways in which Maritime Transport Cooperation can be enhanced in order
to encourage development and growth in the Greater Caribbean region.
Keywords: maritime transport cooperation; Latin America; Caribbean; Trinidad and Tobago;
Venezuela.
introduction
In past decades, ‘distant cousins’ has often
been the symbolic phrase used to describe
the historical relationship between Latin
America and the Caribbean (LAC). This
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