Stakeholders are being urged to engage in constructive dialogue to swiftly resolve disruptions at the Port of Port of Spain.

The Port Authority yesterday confirmed an interruption to all areas of its operations due to an “unplanned absence of the full complement of labour.”

Workers having been striking over wages and health and safety concerns and calls have previously been made for government to intervene in the impasse.

In its latest statement on the matter, the T&T Chamber of Industry and Commerce says the impasse is expected to impact economic activities well into 2025.

It says a recent survey of 65% of small and medium-sized enterprises (SMEs) revealed:
• Companies are anticipating a 10-20% drop in income due to delays in shipments
• Vessels are bypassing the port, adding to logistical costs and compounding challenges for local importers
• Higher detention fees and elevated haulage rates are placing additional financial strain on importers and exporters, likely leading to price increases for consumers

The Chamber says restoring full operational capacity at the Port is essential to protecting economy and providing a stable environment for the business community.