Ports Management and Security Limited

The Ports Management and Security Limited (PMSL) was incorporated in April 2004 as a joint
venture between the Port Authority of Jamaica (51%), Kingston Wharves Limited (25%) and the
Shipping Association of Jamaica (24%). The Company was established to undertake the Port
Authority of Jamaica’s (PAJ) mandate for ensuring that the security systems and procedures at
Jamaican seaports are upgraded to meet the requirements of the International Maritime
Organization’s International Ship and Port Facility Security Code (ISPS).
PMSL has direct responsibility for the implementation of ISPS security requirements at
Jamaica’s public ports and bonded warehouses. The provision of security services is aided by
the use of non-intrusive cargo inspection equipment, closed circuit television, access control
system, and underwater surveillance cameras, which are leased from the PAJ.

In the 2025/26 financial year, PMSL will prioritize initiatives to improve cargo security and
protect critical entry points. The strategy will focus on bolstering institutional capabilities,
deploying systems to curb contraband trafficking, and advancing human capital development in
key strategic areas.

PMSL projects a net deficit of $282.86 million

Indicators	Findings

Board Composition
Board with requisite skills as per the Competency Profile
Chairperson is not sitting more than two consecutive terms
Chairperson that chairs no more than two other public boards
Board with a minimum of 30% male members
Board with a minimum of 30% female members
Current board retained at least 3 members or a third of previous board

Governance Structure
Board Charter (which includes conflict of interest provisions)
Non-Executive Independent Chair
Trained Corporate Secretary
Annual board training (in procurement, risk management, etc.)
Annual board evaluation
Board processes are executed (AGM, Annual Calenders, Meeting Frequency, Filings at Companies Office, etc.)
Board minutes are transmitted to the Permanent Secretary
Information & Disclosure policy

Audit and Internal Control
Internal auditor that reports to board through Audit Committee
Audit Committee with Terms of Reference
Audit Committee with three or more members including a qualified accountant/persons possessing expertise in finance
Audit Committee that does not include the Board Chair
Audit Committee that excludes the Procurement Committee Chair
Procurement Committee that rotates members every three years
Independent Chair of Procurement Committee (not chaired by Finance Director)
Board procedures in place regarding procurement oversight
Trained Procurement Committee
Annual Procurement Plan

Reporting and Compliance
Annual Report to the Responsible Minister submitted within 4 months of the end of the entity's financial year
Annual Board-Approved Corporate Plan in place by Nov 30 (must include strategic objectives, budget and work plan)
Annual Report tabled in Parliament within six (6) months of the entity's financial year
Minister issued Statement of Corporate Expectation to board
Chair and Responsible Minister met at least twice yearly to discuss Agency performance and emerging issues

Ethics and Behaviour
Corporate Social Responsibility Framework (including Donations Policy)
Code of Ethics with conflict-of-interest provisions
Staff that are trained in Code of Ethics
Whistle Blowing Policy
Enterprise Risk Management Policy

Indicators

Findings

Board Composition

Board with requisite skills as per the Competency Profile

Chairperson is not sitting more than two consecutive terms

Chairperson that chairs no more than two other public boards

Board with a minimum of 30% male members

Board with a minimum of 30% female members

Current board retained at least 3 members or a third of previous board

Governance Structure

Board Charter (which includes conflict of interest provisions)

Non-Executive Independent Chair

Trained Corporate Secretary

Annual board training (in procurement, risk management, etc.)

Annual board evaluation

Board processes are executed (AGM, Annual Calenders, Meeting Frequency, Filings at Companies Office, etc.)

Board minutes are transmitted to the Permanent Secretary

Information & Disclosure policy

Audit and Internal Control

Internal auditor that reports to board through Audit Committee

Audit Committee with Terms of Reference

Audit Committee with three or more members including a qualified accountant/persons possessing expertise in finance

Audit Committee that does not include the Board Chair

Audit Committee that excludes the Procurement Committee Chair

Procurement Committee that rotates members every three years

Independent Chair of Procurement Committee (not chaired by Finance Director)

Board procedures in place regarding procurement oversight

Trained Procurement Committee

Annual Procurement Plan

Reporting and Compliance

Annual Report to the Responsible Minister submitted within 4 months of the end of the entity's financial year

Annual Board-Approved Corporate Plan in place by Nov 30 (must include strategic objectives, budget and work plan)

Annual Report tabled in Parliament within six (6) months of the entity's financial year

Minister issued Statement of Corporate Expectation to board

Chair and Responsible Minister met at least twice yearly to discuss Agency performance and emerging issues

Ethics and Behaviour

Corporate Social Responsibility Framework (including Donations Policy)

Code of Ethics with conflict-of-interest provisions

Staff that are trained in Code of Ethics

Whistle Blowing Policy

Enterprise Risk Management Policy

Indicators	Findings
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Indicators

Findings

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Ports Management and Security Limited

Dr. The Most Hon. Andrew Holness, ON, PC, MP

Mrs Arlene Williams, CD, JP

Overview

Key Compliance Results