The Port Authority of T&T will soon be advertising for sale, the water taxis MV Su, HC Olivia, HC Katia and the HC Milanica, on which valuations will be done prior to advertisement, Works Minister Rohan Sinanan said yesterday.
Sinanan was replying in the Senate yesterday to an Opposition question on the future of the vessels.
He said over March 2010 to June 2012, the then Cabinet gave approval for Nidco, through an international broker, to take steps to sell the vessels.
But in August 2012 the then Cabinet rescinded the decision to sell “the fleet of second-hand vessels” and directed that the then Transport Ministry enter into a contract with the Port for another international shipping broker to value the vessels and sell them at the minimum price on a valuation basis.
Sinanan added that a valuation was done by the Maritime Services Division and in January 2013, power of attorney was given to the Port to sell/divest the vessels. He said since then, several attempts by the Port to engage a broker to sell the vessels were unsuccessful.
Over the period, Nidco also referred potential buyers to the Port. However, Sinanan added, the vessels weren’t sold, remained vested with the Port for sale and are moored at Chaguaramas.
He said the Port will make another attempt to sell them and will advertise them for sale. Prior to the ads, he said valuations will be done.
On UNC Senator Wade Mark’s query on if the vessels—which never sailed—couldn’t be used at all in service as water taxis, Sinanan said judging from the past government’s move in 2012-13 to sell them, this indicated they shouldn’t be put back in service.