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Royal Caribbean gets financing for third Oasis class cruise ship

From Royal Caribbean Royal Caribbean has come to an agreement to get an unsecured loan for up to €892 million to finance its third Oasis-class cruise ship. COFACE, the export credit agency of France, will guarantee 100% of the financing,…

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PwC pushes greater Caribbean integration

From Tribune 242 PricewaterhouseCoopers (PwC) is aiming to leverage its regional network through different jurisdictions working more closely together, in a bid to better support clients. Announcing that it is “transforming its Caribbean network”, the seven PwC firms in the…

Streetskill Promotes Road Safety at the Island Living Show

Over 2,200 visitors to the Cayman 27’s Island Living Show, on 5-6 July 2013, learned road etiquette, including the proper use of roundabouts, at a booth manned by Streetskill, the public education arm of the National Road Safety Strategy Committee….

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Solamon set to bid on Jamaican RFP; local schools and offices to benefit

(Kingston) – Solamon President Jay Yeo announced today the company’s intends to bid on the Request For Proposal issued by the Petroleum Corporation of Jamaica (PCJ), with a decision expected in the fall.  Accordingly, PCJ is inviting bids on a…

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Household register to be updated

ESO to conduct field work on July 8th to August 30th Staff from the Economics and Statistics Office will be in various communities across all districts between July 8 and August 30, 2013 collecting basic information necessary to update the…

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Caribbean per capita fish consumption results in high imports

From Caribbean 360 The Executive Director of the Caribbean Regional Fisheries Mechanism (CRFM) said most of the fish supplies are imported due to the high input cost of fish farming as well as a general decline of the industry since…

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Government gets extra money Government has been given a short-term borrowing overdraft facility from the United Kingdom (UK) amounting to $16M that is available until June 2014. This is in addition to the $30M overdraft facility they already have from…

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Rotary Grand gets new leader and new District Governor welcomed

It’s not often that the stars align to give us a double whammy, but that’s exactly what happened on Saturday, 6 July at the Westin. Not only did we have the traditional annual change over of the presidents of the…

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Underwater photography competition announced in the Cayman Islands

Calling all underwater photographers! It is with great excitement that CITA is once again hosting the Underwater Photography Competition in conjunction with the 9th Annual International Underwater Film Festival . The photography competition will be open to anyone—professional or amateur,…

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‘World’s fastest ship’ is powered by modified jet engines

BY ANITA LI Mashable Australian shipyard Incat claims to have built the world’s fastest ship, the Francisco, which can travel up to 58 knots or 67 miles per hour. Described as a “high-speed dual-fuel vehicle and passenger ferry,” the ship…