The Bahamas Investor

The christening of a cruise ship Wednesday had Mayor Michael Bloomberg thinking about vacation. Speaking aboard Norwegian Cruise Line’s new 1,062-foot-long Norwegian Breakaway, which will sail out of the terminal on Manhattan’s West Side, Mr. Bloomberg promised the leaders of Bermuda and the Bahamas — both of whom were in the audience — that he would be spending much more time on their islands once his mayoralty ends on Dec. 31. The billionaire m......

...the multi-award-winning founder and senior principal designer of LA-based Michael Hong Architects, it was a big task. The Korean-American designer had already built a reputation for solving complex requirements, whilst maintaining a fine balance between nature and architecture, through his work on projects such as The Gateway in Salt Lake City and the iconic Bellagio hotel in Las Vegas. Baha Mar, however, was an altogether different proposition a......

...with the law firm of Arnstein & Lehr. He also served as an associate with Michael Best & Friedrich. Walker holds a juris doctor from the University of Wisconsin-Madison Law School and a bachelor’s degree in Business Administration from the University of Louisville, where he was a member of the football team. Walker has been actively involved in the community over the years as a mentor and board member in various civic, cultural and non-profit org......

...Collyer Tank in memory of one of the original partners in the enterprise, Michael Collyer. The entertainment lawyer, a well-known officer of the National Academy of Television Arts & Sciences, died in late 2004 at 62. (Another founding partner, Dutch-born tax attorney and financier Hans Schutte, who had been CEO of the Bermuda-based holding company, Ashby Corporation, died earlier the same year). The two Pirates sequels, being filmed at the same......

...Abaco The Discovery Land Company, headquartered in San Francisco under CEO Michael Meldman, has selected The Bahamas as site of its 12th residential community, the Baker’s Bay Golf and Ocean Club. Currently in early development, the location is a quick luxury boat ride from the island of Abaco to the north end of Great Guana Cay. Luxury, because everything about Baker’s Bay is a poster for posh living, if your style includes sand between your toes......

...ere Harry Cohen has gambled side-by-side with the likes of basketball star Michael Jordan. And, of course, their most treasured time is often spent sitting on their second-floor balcony, soothed by the hypnotic view of an impossibly blue-green ocean vista. To steal a car commercial’s punchline: this is not your father’s retirement lifestyle. Whether it’s to find an idyllic place to enjoy an active retirement or to make a long-term investment in a......

...more viable today than it was when envisioned.” Prominent Nassau attorney Michael Scott of Callenders & Co agrees that “Freeport and Grand Bahama has found its niche. That niche was recognized thirty or forty years ago and they ought to continue in that vein. It’s got that fantastic deep harbour, so it’s uniquely poised right between the major shipping lines. I think it should finally be able to function as the industrial manufacturing hub of The......

...provides an alternative source of funding to traditional bank loans, says Michael Anderson, vice president of Fidelity Bank & Trust International Ltd. Fidelity regards itself as the “pioneer” in developing and structuring private equity deals, with the merchant banker having decided in 1997 to become a “market maker” by selling and buying back equities, thus becoming the “buyer of last resort” and ensuring tradability of these investment instrume......

...Caribbean, Mexico and select U.S. holiday markets. I would like to commend Michael Friisdahl and his team at Air Canada rouge for overcoming the complexity and challenges of launching a new carrier in record time with professionalism and an impressive sense of purpose. I also congratulate the first Air Canada rouge inflight graduating class who we expect will set an excellent customer service standard for vacation travel.” “As new Boeing 777-300ER......

...Transaction is currently expected to close in the second quarter of 2013. Michael Gross, CEO of the Company, said: “The strong first quarter results underscore the significant progress we have made transforming our portfolio and repositioning our hospitality offering to capitalize on the growth opportunities ahead. With eight new hotels slated to open in the next three years and a growing pipeline of deals in key destinations around the world, we......

...per, published in the American Economic Review, in 2002, Jiangping Mei and Michael Moses found that contrary to earlier studies, art outperforms fixed income securities as an investment. The data compiled by Moses and Mei allowed them to track the long-term performance of fine art dating back to 1875. The Mei Moses Fine Art Price Index is based on repeat auction sales of the same works. The researchers take the original sales price and subtract it......

...Service for opening of legal year (BIS Photo/Patrick Hanna) Members of the Royal Bahamas Police Force Band (BIS Photo/Letisha Henderson) The Procession on Bay Street (BIS Photo/Patrick Hanna) Female Police officers (BIS Photo/Letisha Henderson) Chief Justice Inspection (BIS Photo/Letisha Henderson) Chief Justice Sir Michael Barnett’s address (BIS Photo/Patrick Hanna)......

...ear term. In March, Bahamas Director of the Department of Marine Resources Michael Braynen was appointed to lead the Caribbean Fisheries Forum , which advises the CRFM. Outgoing CRFM chairman Hilson Baptiste advised the organization’s new leaders that it would need firm guidance in setting policy, saying: “CRFM is at a crossroads right now. It needs strong and decisive leadership if it is going to be relevant to the Caribbean. A lot of work has to......

...vities that will truly leverage value.” The new CEO appointment is the latest in a series of changes to senior management at BPC. The company’s chairman and founder Alan Burns is set to resign from his position as chairman and a director, due to ill health, while fellow director Michael Profitt will also be stepping down. In the wake of these changes, BPC is actively looking for new members to its board. BPC formed in 2005 and is confident that Th......

...l part of the efficient administration of justice,” said chief justice Sir Michael Barnett in acceding to petitions made on the attorneys’ behalf. “With this privilege is an awesome responsibility. That responsibility is not to be part of the problem to the adminstration of justice, but part of the solution.” This could be achieved, he said, if new attorneys honoured the Code of Professional Conduct. The chief justice said it was their “solemn obl......