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Saturday, July 10, 2010

CHINESE BIDDING 4 KCT ( Kgn Container Terminal )**UPDATE**







According to Stephenson, "We have noted an article on the front page of yesterday's Observer , captioned 'Chinese want Kingston Wharves', and would like to point out that Kingston Wharves Limited (commonly referred to as Kingston Wharves) is a listed company on the Jamaica Stock Exchange that is not in any way associated with Kingston Container Terminal, which is the true subject of the article."
It is a common error for media houses in Jamaica to use photographs of KCT to illustrate stories about KWL, and to refer to Kingston Wharves as a generic term for KCT.The KWL chairman said this was unfortunately a repeated error by the Observer , "the last being in August 2009 when that newspaper had to make a similar correction. Being a public company, when these errors occur, it causes great concern among our stakeholders, resulting in wasted resources and time to have the error corrected."
Stephenson demanded a correction of the error and has offered to assist the media with guidance to prevent a recurrence.

His response came as a result of ongoing confusion in the media with regards to Kingston Wharves, a multi-purpose, listed port company located at Port Bustamante, and its western neighbour, the Kingston Container Terminal (KCT), which is a government-owned terminal specialising in the transshipment of containers.




It has come 2 my attention that the Terminal has 2 sections Kingston wharf n Kingston Container Terminal. Wen travelling 2 Portmore those big cranes u c that side is KCT


2 comments:

  1. Ppl always mixing them up. One port but two different businesses. If u have any questions on KCT feel free to ask.

    ReplyDelete
  2. Wats mixed up anonymous, they r not bidding 4 KCT?

    ReplyDelete