November 12, 2019

Destinations of the week

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Six Best Cruises From Galveston for 2020 By Tanner Callais From CRUZELY The Port of Galveston in Texas has quickly grown from a niche port with a few cruises just a decade or two ago to offering some of the best cruises this side of Florida. In fact, it’s grown so much that the port in Texas […]

China lures Taiwan’s Latin American allies

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By Carrie Kahn From OPB The power struggle between China and the island of Taiwan is playing out in an unlikely region — Latin America. The biggest bloc of Taiwan’s few remaining world allies is in Central America and the Caribbean. But even that solidarity is splintering. In August, El Salvadoran President Salvador Sánchez Cerén went on […]

Welcome Remarks to Red Ensign Group Conference By Acting Governor

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Welcome Remarks to Red Ensign Group Conference By Acting Governor Hon. Franz Manderson 9 a.m., Tuesday, 11 July, 2017 Grand Cayman Marriott Beach Resort (Protocol) Good morning ladies and gentlemen, It is with great pleasure that I welcome you to the Red Ensign Group Conference 2017. For those of you who were here with us […]

Shipping slump: Why a vessel worth $60m was sold as scrap

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By Jamie Robertson From BBC In January 2010, the container ship Hammonia Grenada was delivered from a Chinese yard to its new owners, reportedly priced at about $60m (about £37m at that time). Just seven years later – at the start of this year – it was sold for scrap. The price: an estimated $5.5m […]

Tiny grazers may be the new hope for Caribbean reefs

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From ScienceBlog Thirty years ago a mysterious disease wiped out long-spined black sea urchins across the Caribbean, leading to massive algal overgrowth that smothered already overfished coral reefs. Now, marine biologists at the Smithsonian Tropical Research Institute (STRI) report that smaller sea urchins and parrotfish may be taking the place of the large sea urchins, […]

The [US] Navy’s most advanced warship just broke down for the second time in 2 months

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By Paul Szoldra From Business Insider The US Navy’s most technologically advanced warship broke down while transiting through the Panama Canal, the second setback for the $4 billion ship in the last two months. The propulsion system of the USS Zumwalt (DDG-1000) had problems while passing through the canal and had to be towed in to […]

Carnival to increase capacity in Long Beach and Tampa

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From Cruise and Ferry Carnival Cruise Line is to expand capacity in two key markets in 2018, with Carnival Miracle operating seven-day Caribbean cruises from Tampa, Florida and Carnival Splendor offering week-long Mexican Riviera cruises from Long Beach, California. “Tampa and Long Beach are both highly convenient and popular homeports and we’re delighted to provide […]

Panama eyes return to foreign bond markets early next year

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By Paul Kilby and Davide Scigliuzzo, Reuters,  From Business Insider WASHINGTON, Oct 8 (IFR) – Panama plans to tap the foreign bond markets during the first semester of next year to cover a portion of its funding needs in 2017, the country’s finance minister told IFR on Saturday. The Central American country will raise the […]

The View from Europe: The changing face of the Caribbean – Part 2

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By David Jessop From Caribbean News Now How should we regard the Caribbean’s future? Should it be with pessimism as some commentators suggest, or with optimism? The answer seems to lie in how one measures the likely effect of change. Looked at objectively, it is probable that over the next decade the regional economy may […]

Barbados PM wants closer relationship with Panama

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By Sharon Austin From BGIS BRIDGETOWN, Barbados (BGIS) — Prime Minister Freundel Stuart has expressed the view that the strong ancestral and cultural links connecting Panama to Barbados warrant a strengthening and enhancing of the existing diplomatic relationship. According to Stuart, this is necessary to “solidify a partnership that is mutually beneficial”. He made the […]