According to Alliance News, Bahamas Petroleum Co PLC Tuesday said chief executive officer Simon Potter (left) bought 1 million shares at a price of 3.72 pence per share taking his share in the company to 0.16 per cent. BPC also said that chairman Bill Schrader (below, right) bought 250,000 shares at the same price, which is his only holding in the company.

Imports grew after Buckeye Partners LP’s Bahamas terminal received a March 6 ruling from the US Customs and Border Protection that allows gasoline components to be shipped from the Gulf Coast to the Bahamas, blended into finished gasoline and sent to the East Coast on foreign-flagged tankers, according to Bloomberg.