First Look

2014 GraceKennedy Foundation Lecture looks at Jamaica’s journey to becoming a Global Logistics Hub



GraceKennedy Limited | 2014-02-27 00:00:00

The 2014 GraceKennedy Foundation Lecture will explore the issues related to the creation of a global logistics hub in Jamaica. Entitled “From Piracy to Transshipment: Jamaica’s Journey to Becoming a Global Logistics Hub”, it will be presented on March 11 at 5pm at the Jamaica Pegasus by Dr. Fritz Pinnock, Executive Director of the Caribbean Maritime Institute (CMI) and streamed live on the GraceKennedy Foundation’s YouTube page:  gracekennedyfdn.

The mandate of the annual lecture series is to assist the public in understanding all the aspects of any issue with which the society is grappling by providing the information that is needed to effectively explore the subject. Mrs. Caroline Mahfood, Executive Director of the GraceKennedy Foundation has expressed her pleasure at having the benefit of Dr. Fritz Pinnock’s depth and breadth of knowledge to assist in clarifying some of the much debated issues over the development of a global logistics hub in Jamaica which has the potential to act as a game-changer for the nation’s economy. Mrs. Mahfood noted that, “We are excited by the value that this lecture will bring to the public debate on this burning issue. For the first time we will be streaming the lecture live on our YouTube page to widen the reach to persons that may not be able to attend the lecture.”

The 2014 lecture will review the history of logistics hubs, the development of transshipment in the Caribbean, trade relations within Latin America and the Caribbean as well as the cruise shipping industry. Importantly, it will present a detailed analysis of the opportunities and challenges which the objective of establishing a global logistics hub in Jamaica presents. The island’s unique geographical location and its potential of once again becoming the crossroads of Latin America and the Caribbean, especially given the emerging South American markets, are supportive of this goal.  Challenges such as the quality of the human capital, in the face of a serious demand for productivity and efficiency, highlight the need for rapid development in this area in order to take advantage of the expansion of the Panama Canal scheduled for 2014. The increased traffic along that route makes action to implement plans for the logistics hub urgent and imperative.

Detailed data and analysis point to the need for strategic, transformational thinking and planning to negotiate and establish collaboration and partnerships within the Caribbean.  Such cooperation will allow for achievement of the economies of scale required for the infrastructure and equipment necessary to service the expanding market; a market which includes, not only the Europeans and the North Americans, but also the countries comprising the BRIC group – Brazil, Russia, India and China. 

In the research and writing of the lecture which provides an expert analysis of Jamaica’s development into a global Logistics Hub, Dr. Pinnock partnered with Dr. Ibrahim Ajagunna, the Director of Academic Studies at CMI.

Dr. Pinnock holds a B.Sc. (Hons.) degree in Economics and Accounting from The University of the West Indies (UWI), Mona Campus, Jamaica, an M.Sc. in International Shipping and Logistics from the University of Plymouth, United Kingdom and a Doctor of Philosophy in Sustainable Development from the UWI. He has been a member of the British Institute of Management (MBIM) since 1991, and of the Institute of Logistics and Distribution Management (MILDM). He is an International Maritime and Logistics Consultant who has worked on numerous projects in collaboration with the government of Canada, the International Development Bank (IDB), CARICOM and many regional ports.

Dr. Ajagunna is a Chartered Fellow of the UK-based Chartered Institute of Logistics and Transportation, and a Member of that country’s Hotel and Catering International Management Association. He is President of the Council of Heads of Caribbean Hospitality Schools (CHOCHS) and a member of the Board of Studies for Tourism and Hospitality Studies, University Council of Jamaica, as well as the Task Force on Education and Training for the Logistics Hub development in Jamaica. Dr. Ajagunna’s research interests are in Strategic Planning using the Blue Ocean Strategy, Maritime Transportation and Sustainability, Integration of Logistics and Supply Chain, Security and National Development, Health Tourism using alternative medicine, and Sustainable Development.

The Foundation has established a tradition of distinction in its presentation of the annual lecture series which since 1989 has featured topics of historic, social, economic, cultural and political concern. The lectures are presented with the objective of initiating public debate at all levels of society and to create awareness of issues that are integral to the sustainable development of the nation. Previous lectures have been presented by a cadre of distinguished scholars including Dr. Elizabeth Thomas-Hope, Dr. Lucien Jones.

Dr. Pauline Milburn, Professor Patrick Bryan, Ambassador Don Mills, Marjorie Whylie, Attorneys-at-law Dennis Morrison and Delano Franklyn, Dr. Maureen Samms- Vaughn, Sir Alister McIntyre and most recently, Dr. Anna Kasafi Perkins.

The public is invited to attend.



 




Posted By :Simone Clarke-Cooper

Company Name : GraceKennedy Limited

Website :

Company Address : 73 Harbour Street, Kingston, Jamaica.


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