Business

Methanex accepts two month gas extension

Methanol Holdings has accepted a two month extension of their natural gas contract with the National Gas Company (NGC), as the parties try to avoid the shutting down of the Titan methanol plant and the sending home of scores of workers.

The announcement was made yesterday by Methanex CEO, John Floren, who said the company continues to work towards a long term gas contract.

In an investor conference call, Floren revealed:

Solid performance by POS hotels for Carnival 2020

The Tourism Ministry is reporting that Carnival 2020 is set to be a success, as the more prominent hotels in the capital city, Port of Spain, have been sold out.

The news was revealed at a recent forum for hoteliers hosted by the Ministry of Tourism, and hosted by the minister, Randall Mitchell, and the chairman (Howard Chin Lee) and the CEO (Heidi Alert) of Tourism Trinidad Limited (TTL), during which stakeholders shared their concerns about challenges within Trinidad’s accommodation sector.

Tobago Business Chamber: New PNM Tobago leader brings dynamism

President of the Tobago Business Chamber, Martin George, has congratulated Tracy Davidson-Celestine on her victory, in Sunday’s run-off election for the post of Political Leader, of the People's National Movement's (PNM) Council in Tobago.

Martin George is calling for a continued working relationship between her and current Chief Secretary of Tobago House of Assembly, Kelvin Charles, whom Davidson-Celestine ousted in the leadership contest, yesterday.

Jean De La Valette on dry dock from today

The Jean De La Valette ferry is expected to go on dry dock today, and will be out of service until Saturday 8 February 2020.

In an official statement from the Trinidad and Tobago Inter-Island Transportation Company Ltd. (TTIT), the company advises that during the period of the ferry’s dry-docking, the T&T Spirit, the Galleons Passage and the MV Cabo Star will continue to operate.

As a result of the dry-docking of the Jean De La Valette, several sailings in February on the T&T Spirit have been cancelled.

Scrap iron dealers can now get their licenses

Scrap iron dealers are now able to apply for their licenses, following a decision by the Licensing Committee at the Chaguanas Magistrates Court, yesterday.

In an official statement issued by the Trinidad and Tobago Scrap Iron Dealers Association, the group’s President, Allan Ferguson, confirms that all stakeholders in the Scrap Iron and Salvage Industry can now apply for licenses, as the Committee has granted the Association the normal One (1) year license required.

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