February 2019 (Caribbean Journal) – One of the region’s leading boat charter firms has expanded into The Bahamas — meaning a new way to vacation around the destination’s exotic outposts.

MarineMax Vacations has officially taken its premium power catamaran operation to The Bahamas, where it will be operating from the Abaco Beach Resort.

“We are proud to be working with this iconic resort to bring catamaran charters to a new audience while opening up the opportunity to have a change of scenery for those that know MarineMax Vacations”, said Raul Bermudez, Vice President of MarineMax Charter Division.

…continue with our excerpt >

This is an excerpt from Caribbean Journal as it appeared on February 20, 2019. For updates or to read the current version of this post in its entirety, please click here.

Go to the source of this post >

GRAND BAHAMA, Bahamas, February 2019 /PRNewswire/ — On February 7, 2019, Excelerate Energy L.P. (Excelerate) and Equinor Energy AS (Equinor) completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in The Bahamas.

Utilizing Excelerate’s floating storage regasification unit (FSRU) Exemplar and Equinor’s LNG carrier Arctic Voyager, a full LNG cargo was transferred using the double-banked LNG transfer system while moored at Equinor’s South Riding Point storage and transshipment terminal which is strategically located for storage and transshipment of crude, products and LNG.

…continue >

The Bahamas is in the process of upgrading several Family Islands airports. Watch an interview with Minister of Tourism and Aviation Dionisio D’Aguilar on how the infrastructure improvement initiative is progressing.
…continue >

Prime Minister Dr Hubert Minnis has released a statement highlighting the recent efforts of the government to pass legislation to increase compliance with EU directives.

…continue >

Pictured: Minister of Tourism and Aviation Dionisio D’Aguilar addresses the audience. (BIS Photo)

Prime Minister Dr Hubert Minnis and Minister of Tourism and Aviation Dionisio D’Aguilar welcomed the newest addition to Bahamasair’s fleet yesterday morning.
The new Boeing 737-790NG aircraft touched down for the very first time at Lynden Pindling International Airport at 11:05 am, February 14, 2019 after traveling from Anchorage, Alaska, to Opalocka, Florida before making its way to New Providence.

A Commissioning Ceremony marking the plane’s arrival took place at the Bahamasair Hangar Lynden Pindling International Airport.

Underscoring the importance of Bahamasair in linking the islands, the Prime Minister said, “The arrival of this aircraft is a sign of our nation’s sustained growth and economic expansion as we continue to see strong numbers from our tourism sector.”

…continue >

Pictured: Prime Minister Hubert Minnis (centre) shows rendering of refurbished Southern Recreation Grounds in the House of Assembly, February 13, 2019. (BIS Photo/Yontalay Bowe)

The Central Bank of The Bahamas’ new building is part of the revitalization of downtown Nassau, Prime Minister Dr Hubert Minnis told the House of Assembly yesterday.

He was contributing to the debate on the Resolution to Convey Property and Land from the government of The Bahamas to Central Bank for the building of a new bank.

“The redeveloped Prince George Wharf, the new Supreme Court Complex, and supporting offices, and the new Central Bank will boost the revitalization, renewal and restoration of downtown,” the Prime Minister said during the morning House session on February 13, 2019.

…continue >

Ministry of Tourism launches Fly Away campaigning New York featuring Lenny Kravitz. Watch an interview with the Minister of Tourism the director general of tourism here.
…continue >

The Central Bank of The Bahamas, in conjunction with the Group of Financial Services Regulators (GFSR), has published the first annual Bahamas 2018 AML/CFT Report.

In a statement on its website, the banks said that the launch of the report “aims to amalgamate all the various AML/CFT work conducted during the year by regulatory bodies and public/private agencies, highlighting the increased inter-agency co-operation and industry participation within The Bahamas regarding financial crime risk management.”

…continue >

The government has secured funding of $9m in capital financing for Bahamian entrepreneurs. Watch a Bahamas Information Services report here.
…continue >

The Caribbean Development Bank (CDB) is predicting the economies of its borrowing member countries will expand by around 2 per cent in 2019, a slight rise from last year’s performance which saw average growth of 1.9 per cent across the region.

The fastest growing Caribbean economies in 2018 were Antigua and Barbuda, Grenada and Guyana.

…continue >