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BAHAMAS: Minister Thompson says Grand Classica launch is timely

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#UnitedStates, April 18, 2018 – West Palm Beach, FL -Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, says the introduction of the Classica comes when government is taking steps to revitalize the tourism industry in Grand Bahama. Minister Thompson was in West Palm Beach on Friday, April 13, for the official launch of the Grand Classica’s sail between West Palm Beach and Freeport, Grand Bahama. The Classica will be joining the Grand Celebration and will now provide daily sailings between the two ports.  The Classica left West Palm Beach on Friday, and arrived at Freeport’s harbour on Saturday morning.

When congratulating Bahamas Paradise Cruise Line on the addition of the Classica to the service provided between West Palm Beach and Freeport, Grand Bahama, he said, “This venture could not be timelier as the government is focused on re-energizing our tourism and investment product in Grand Bahama.  The addition of this new vessel provides an invaluable link and service to the island of Grand Bahama.   The Government of Bahamas remains committed to the continued service of BPCL and its unique cruise-&-stay offering. We believe that it will further enhance the number of cruise-&-stay passengers and have a large positive economic impact for the region as a whole.”

The Minister added that government is working to get the Grand Lucayan fully opened again. “The government is concluding negotiations on the sale, renovation and full opening and re-branding of the Grand Lucayan. We are taking this opportunity to create a truly enjoyable and unique destination that your customers will enjoy.  We are truly embarking upon a new era in Grand Bahama.”

The recent approval in principle of the project in West End which will revitalize the area was also mentioned. “The government recently approved in principle a project in the settlement of West End which proposes to construct, repair, revitalize, develop, and operate 246 rooms in three hotels, a banquet facility, 116 branded hotel residences, 1,000 other residences, a hotel/casino site, approximately 150,000 square feet of shops and restaurants, a spa and wellness retreat, two marinas, an 18-hole golf course including driving range.”

The island’s tourism’s numbers continue to improve, explained the Minister, and while tourism is the number one industry, the government is eager to get the message out that Grand Bahama is a great place to do business as well, a place suited to become an internationally recognized science, technology and innovation hub.

“We possess modern and superior infrastructure, modern roads, constant and reliable electricity supply of North-American standards, and high quality high-speed internet. We also have a wide variety of public and private schools. Bahamians are also among the most technologically savvy people in the Caribbean. Our recent Technology Summit highlighted several Bahamians who are at the cutting edge of innovation and technology and our government embraces their experience and expertise to advance this promising industry.

“Grand Bahama has proven to be an attractive place for manufacturing cutting-edge technology.  The Bahamas is currently finalizing programs for blockchain-based solutions, fin-tech and crypto-currency companies and intend to promote blockchain as a sub-industry within ICT.

“We are also becoming H1B visa-friendly and actively working to assist US companies, who employ foreigners through the H1B visas program.  We remain open to tailor-making packages specific to a company’s needs, allowing them to retain their talent without increasing cost.  Legislation has been passed in our Commercial Enterprise Act which will streamline business applications and adapt immigration policy to facilitate new technology businesses.”

The Minister continued, “Freeport, Grand Bahama is the digital paradise you’ve been looking for. Our nation’s second city has superb communications infrastructure so you are always connected. Freeport has two major ISPs with independent terrestrial, subterranean, sub-sea and wireless networks.  The city also boasts diverse network paths, self-healing metro, inter-island and international networks.”

Explaining some of the benefits of doing business in Grand Bahama, Minister Thompson noted that Freeport is managed by the Grand Bahama Port Authority, a private city management organization, in conjunction with the national government.  Additionally, business owners enjoy the benefits of a tax neutral jurisdiction, and there is no capital gains, real property or corporate income tax.

Additionally, he continued, The Freeport Container Port, a 24-hour facility serving as a major transshipment hub between the US, Latin America and Europe, has the deepest container terminal in the region.

“The government is highly enthusiastic about the unique service that BPCL will continue to provide in Grand Bahama. Your cruise line provides this open-leg provision cruising: an enjoyable, cost-effective cruise and vacation experience in one.

“For Bahamians and visitors alike, BPCL provides a fantastic service that can be tailor-made to suit each passenger.  The government is pleased that Bahamas Paradise Cruise Line recognizes the value and promise that remains in Grand Bahama. I wish to extend our appreciation to BPCL CEO, Oneil Khosa.  Kevin Shea Mr. David Johnson and the entire Team.  BPCL is certainly a respected partner of the Bahamas that plays a significant role in our tourism industry.”

It is hoped that with the additional ship, BPCL will be able to deliver some 400,000 passengers to Grand Bahama each year, which will have a “tremendous and direct impact”.

 

By Robyn Adderleya

Photo captions: Minister of State for Grand Bahama in the Office of the Prime Minister, Senator the Hon. J. Kwasi Thompson, on Friday participated in the activities for the inaugural sailing of the SS Neo Classica. The Grand Classica will join the Grand Celebration and now provide daily sailings between West Palm Beach and Freeport.

Photos show the ribbon cutting, and Minister Thompson (right) with Mayor of Riviera Beach, Thomas Masters, and Mayor of West Palm Beach, Jeri Muoio.

(BIS Photos)

 

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New GPS Evidence Prompts Fresh Search for Missing American Woman in Abaco

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ABACO, BAHAMAS — Nearly two months after American sailor Lynette Hooker vanished in waters off Abaco, investigators are preparing to conduct a new search based on GPS and navigation data that reportedly challenges the account originally provided by her husband.

The case, which first drew international attention in early April, began when Brian Hooker told authorities that his wife was swept away after falling from an inflatable dinghy during rough conditions in waters near Elbow Cay.

Initial search efforts involving Bahamian and U.S. authorities covered extensive areas of the Sea of Abaco but failed to locate the missing Michigan woman.

Now, according to multiple U.S. media reports, investigators have obtained electronic navigation and GPS data that appears to place the couple’s dinghy in a different location from where searchers initially concentrated their efforts.

The new information has prompted authorities to reopen search operations and seek permission for divers to examine a more targeted area of the Sea of Abaco.

Unlike the broad search that followed Hooker’s disappearance, the renewed effort is expected to focus on a relatively shallow section of water, reportedly about 25 feet deep. Investigators believe the location may offer a better opportunity to recover evidence and potentially answer lingering questions surrounding the disappearance.

The latest development marks a significant shift in the investigation.

What began as a maritime search-and-rescue operation has evolved into a complex multinational investigation involving Bahamian authorities, the United States Coast Guard and the Federal Bureau of Investigation.

Brian Hooker was detained and questioned by Bahamian authorities following his wife’s disappearance but was later released without charges. While investigators have never publicly accused him of a crime, reports indicate he remains a person of interest as authorities continue to examine the circumstances surrounding the case.

Hooker has repeatedly denied any wrongdoing and has maintained that his wife accidentally fell overboard.

The investigation has intensified in recent weeks. U.S. authorities have reportedly seized the couple’s sailboat, Soulmate, transporting the vessel to Florida for forensic examination. Investigators are said to be reviewing onboard electronics, digital records and other potential evidence as part of the ongoing inquiry.

The case has also attracted attention from Lynette Hooker’s family, who have continued to press for answers and support efforts to locate her.

The renewed search comes after Brian Hooker returned to the United States following the disappearance. Reports indicate he cited family reasons, including concerns about his mother’s health, for leaving The Bahamas.

For investigators, however, the focus now appears fixed on the newly identified search area and the electronic evidence that led them there.

Whether the latest operation produces answers remains to be seen. But nearly eight weeks after Lynette Hooker disappeared in the waters of Abaco, authorities believe new technology and new information may finally provide a clearer picture of what happened that night.

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Nassau Opens CDB Annual Meeting at Baha Mar This Week

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NASSAU, BAHAMAS — Regional policymakers, development financiers, economists and international partners are converging on Nassau this week as the Caribbean Development Bank (CDB) stages its 56th Annual Meeting at the Baha Mar Resort from June 1-5, 2026.

Held under the theme, “Forging the Caribbean’s Future: Strategic Solutions for Uncertain Times,” the gathering is expected to place The Bahamas at the center of discussions on some of the region’s most pressing challenges, from climate resilience and energy security to debt sustainability and economic growth.

At the launch of the annual meeting on March 19, CDB President Daniel Best underscored the importance of bringing together leaders from across the Caribbean and beyond at a time of global uncertainty.

“The Annual Meeting provides a strategic moment for the Caribbean, an opportunity for our leaders, governments, development institutions, private sector, youth, and international partners to come together to identify practical solutions that can help the Region navigate uncertainty while unlocking the opportunities that lie ahead,” Best said.

The conference host, newly named Bahamas Minister of Finance and Chairman of the CDB Board of Governors, Michael Halkitis, also emphasized the significance of the event during the March 19 launch ceremony.

“Today’s gathering marks more than the start of preparations for an important meeting. It represents the beginning of a renewed conversation about the future of the Caribbean, about our shared aspirations, our common challenges, and the partnerships that will shape the path forward for our region,” Halkitis said.

He added: “Hosting the 56th Annual Meeting of the Caribbean Development Bank here in Nassau provides an important opportunity to strengthen partnerships and advance meaningful dialogue on the future of the Caribbean.”

Over the five-day meeting, delegates will tackle major issues including energy transition and resilienceinnovative debt solutions for Caribbean economies, and the impact of global economic shocks on regional development.

The programme features a number of high-level events including the Youth FIRE Forum, the William G. Demas Memorial Lecture, the President’s Chat titled Financing the Future: MDB Strategies for Uncertain Times, and a series of policy seminars examining climate finance, infrastructure, economic resilience and development lending.

Among the featured participants are CDB President Daniel Best, Finance Minister Michael Halkitis, senior officials from multilateral development banks, regional finance ministers, central bank governors, economists, development specialists and private-sector leaders. The President’s Chat is expected to bring together leaders of major multilateral development banks to discuss financing strategies for developing states facing mounting economic pressures.

The annual meeting also includes sessions branded “EDGE X by CDB: Analytics Unlocked,” which will explore the economic costs of traffic congestion in the Caribbean and how global crises continue to affect regional economies.

The CDB Annual Meeting traditionally attracts representatives from the Bank’s 28 member countries, including government ministers, senior public officials, development agencies, international financial institutions, youth delegates, academics and private-sector stakeholders. Hundreds of delegates are expected to participate in discussions that will help shape development priorities and financing strategies across the Caribbean in the years ahead.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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Afreximbank Annual Meetings Return Next Month; Caribbean Links Remain in Focus

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May 29, 2026 – Two years after The Bahamas made history as the first Caribbean nation to host the African Export-Import Bank’s Annual Meetings, thousands of delegates are expected to gather in Egypt next month for AAM2026.

The 33rd Afreximbank Annual Meetings will be held from June 21-24 in El Alamein, Egypt, under the theme: “Intra-African Trade and Industrialisation: Pathway to Economic Sovereignty.”

The event is regarded as one of Africa’s most important gatherings on trade, investment, finance and economic development, bringing together heads of state, policymakers, business leaders, development finance institutions and international partners.

For Caribbean nations, the meetings hold special significance.

In 2024, The Bahamas welcomed thousands of delegates to Nassau for the landmark event, marking the first time the annual meetings were staged outside the African continent and placing the Caribbean at the center of growing discussions on Africa-Caribbean trade and investment.

Since then, Afreximbank has continued to expand its engagement in the region, promoting stronger commercial ties between Africa and Caribbean countries and exploring opportunities in trade finance, infrastructure development, logistics, investment and private sector growth.

Organizers say this year’s discussions will focus on strengthening intra-African trade, advancing industrialization, building regional value chains and increasing economic resilience amid global uncertainty.

The meetings are also expected to provide a platform for new partnerships, investment opportunities and development initiatives that could have implications beyond Africa, including for Caribbean nations seeking to deepen economic cooperation with the continent.

As leaders prepare to convene in Egypt, the Caribbean’s growing relationship with Afreximbank remains a key part of the institution’s broader vision of expanding trade and investment connections across the Global South.

Angle by Deandrea Hamilton. Built with ChatGPT (AI). Magnetic Media — CAPTURING LIFE.

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