November 2013
| Business World Magazine | 117
bor costs, but when taken as a whole, would
include those derived from all the other play-
ers such as Customs, Port Health, Shipping
Agents, Brokers etc. within the maritime lo-
gistics chain. These fees can vary from one
Caribbean Island to the next, and as Walters
says, “There are challenges beyond the abil-
ity of any one of us to control, but together
we can find solutions to achieve greater ef-
ficiency and cost effectiveness within the op-
erations that we do control.”
PMAC provides a platform for impart-
ing ideas and strategies that promote greater
efficiency and cost savings. As an example,
Walters indicates that one member port has
begun utilizing solar powered energy to de-
crease its dependence on oil. As the advan-
tages of alternative energy are analyzed and
determined, this information is imparted
throughout the entire Association so mem-
bers can benefit from lessons learned in the
adopting of new practices.
PMAC has already demonstrated its role
in driving practices which have made the in-
dustry not only more efficient, but more safe.
During Walters’ tenure as PMAC Chair-
