Management of the Guyana National Shipping Corporation (GNSC) on Saturday revealed that the company recorded approximately $1.5 billion in revenues for the 2024 calendar year.
This announcement was made at the company’s Staff Social, in the presence of staff and Minister of Public Works, Bishop Juan Edghill.
The management said that the sum recorded is the first ever in the 49 years of the company’s existence, which was credited to the operations of the terminal.
Speaking on the milestone, Minister Edghill lauded the achievement, emphasising that while the shipping market is becoming increasingly competitive in the private sector, none can match the operation scale and service provided by the company.
According to its website, the GNSC renders maritime transportation services to all sectors of the economy, where its major role in the shipping industry is the provision of related quality services to shipowners, operators, and other customers, locally and internationally.
The Guyana National Shipping Corporation was formerly a member of the Booker Group of Companies, trading under the name Booker Shipping Transport and Wharves Limited.
In 1951, the name was changed to Bookers Shipping (Demerara) Limited. On May 26, 1976, when the Guyana Government acquired the holdings of Booker McConnell & Co Ltd in Guyana, the entity was renamed Guyana National Shipping Corporation Ltd, under which it has traded successfully for the last 30 years.
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