Latest update July 26th, 2026 2:05 AM
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Five companies bid to rehabilitate MV Lisha, Barima, & Hercules
(Kaieteur News) – The Ministry of Public Works has received five bids for the rehabilitation of three of its vessels: M.V. Lisha, M.V. Barima, and M.V. Hercules.
The bids which were opened at the National Tender Board revealed that Gopie Investments Inc., Caribbean Shipyard Guyana Inc., J&M Shipping Inc., Fast Transportation Inc., and Guyana Port Inc. bid for the project which is divided into three lots.
Their bids are as follow: Gopie Investment Inc. – Lot1 $321,834,700, Lot2 $105,006,000, Lot3 $106,117,000; Caribbean Shipyard Guyana Inc. – Lot1 $178,695,000, Lot2 $115,000,000, Lot3 $118,500,000; J&M Shipping Inc. – Lot1 $184,337,450, Lot2 $109,508,190, Lot3 $111,431,760; Fast Transportation Inc. – Lot1 $188,116,500, Lot2 $111,061,233, Lot3 $115,607,250; and Guyana Port Inc. – Lot1 $199,074,564, Lot2 $123,993,632, Lot3 $124,083,226.
According to the ministry’s engineer Lot1 is estimated to cost $199,347,500, Lot2: $124,539,250, and Lot3: $124,184,000.
Meanwhile, $11.2 billion was budgeted by the government for the river transport sector in 2026. Out of that amount, $570,000,000 was approved in the National Assembly for the reconditioning of ferry vessels. Minister of Public Works, Juan Edghill disclosed recently at the National Assembly that the MV Hercules, is a tug boat the government bought. The boat services the residents of Regions Two and Region Three: Wakenaam and Leguan Islands.
According to Edghill, when Hercules was taken on board it was operated by THD staff, but there were some challenges. In this regard, the minister explained that to ensure there was “no real crisis,” the government engaged the operators who were more familiar with the boat that is Marine Inc. to operate the boat.
Kaieteur News understands that between 2023 and 2024 the government bought the MV Hercules from Marine Inc. Edghill responding to the opposition in the National Assembly last month disclosed that they are paying the operator $400,000 per day to operate the boat.
As it relates to MV Ma Lisha, the Indian built vessel first started its operation in August 2023 and operates the Region Four to Region One route. Similarly, the cargo and passenger ferry, MV Barima also operates between Regions One and Four.
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