Government of Jamaica
- Date: January- March 2024
- Category: Statistical
Quarterly Statistics Report Volume 4: Issue 1 April – June 2025
The quarter ended June 2025 shows a resilient rebound in Jamaica’s vessel licensing activity relative to the corresponding year performance, with total licences rising from 503 in FY2024/25 to 690 in FY2025/26. This reflects broader participation, as both new licences and renewals grew each month from April to June, led by May’s notable gains. The quarter’s total represents a year-over-year increase of 37.4% for new licences and 58.0% for renewals, contributing to a stronger combined cadence across April (new 39, renewals 154), May (new 61, renewals 206), and June (new 34, renewals 169).
New licences climbed from April to May before easing in June, illustrating a clear uptick in entrants into the licensing system. Specifically, new licences rose from 39 in FY2024/25 to 47 in FY2025/26 in April, then to 61 in May and 34 in June, yielding a May YoY surge of 60.0% and an overall Q1 new-licences count of 132 (47+61+34) versus 39 (April) + 38 (May) + 22 (June) = 99, a YoY increase of 33.3% across the quarter. This indicates a stronger onboarding of new vessels and a revitalized licensing pipeline.
Renewals followed a parallel trajectory, with May again registering the strongest YoY improvement and June maintaining momentum. Renewals rose from 154 in April, 173 in May, and 169 in June for FY2025/26 versus 173, 154, and 120 in FY2024/25, respectively, translating to a May YoY increase of 54.0% for renewals and an overall Q1 renewals count of 512 versus 447 in the same months last year, a 14.6% uplift. The renewals pattern provides a stable base for quarterly licensing activity and, together with the rise in new licences, supports a healthier overall quarter.
Download Report
