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Leading Developer and Luxury Hospitality Company Unveil $300+ Million Abaco Luxury Development, Montage Cay, Abaco

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#TheBahamas, March 6, 2023 – With hard hats, shovels and broad smiles, the nation’s leaders joined a top developer and executives of a leading luxury hospitality company today, officially breaking ground on a $300+ million resort, residential and marina project in Abaco to be known as Montage Cay, opening late 2024.

The project, already underway, is a partnership between developer Sterling Global, a full financial service and real estate development group with headquarters in Nassau and offices in Cayman, and Montage International, a California-based hospitality management company founded by Alan J. Fuerstman, featuring the ultra-luxury brand Montage Hotels & Resorts, the contemporary luxury hospitality brand Pendry Hotels & Resorts, Montage Residences, Pendry Residences, and the management of some of the country’s premier golf courses and clubs.

The Abaco groundbreaking with Prime Minister Philip ‘Brave’ Davis and Deputy Prime Minister Chester Cooper follows Sterling’s successful grand opening of Hurricane Hole Superyacht Marina in late November. An event attended by more than 500, where Prime Minister Philip ‘Brave’ Davis called the marina and surrounding residential community, retail, and dining offerings, “fitting and welcome additions to the continued development of The Bahamas’ world-renowned tourism product.”

For guests at today’s ceremony, it was hard not to experience the juxtaposition, while remembering less than three years ago the devastation that flattened and washed away much of the city of Marsh Harbour, a short ferry ride away. Montage Cay, the private-island resort will feature 50 all-suite accommodations and a limited collection of Montage Residences built in harmony with the island’s seven white-sand beaches against a tranquil backdrop of the Sea of Abaco and the stunning surrounding cays. A 47-slip marina accommodating vessels up to 110 feet anchors the resort, allowing guests and residents of Montage Cay exceptional access to an array of world-class boating, fishing, and water sports activities. Montage Cay will boast an array of unique restaurant and bar experiences including all-day dining, a signature dinner-only restaurant, two beach bar and grilles, lobby, and pool bars, as well as a spa café and juice bar. Additional resort amenities include a full-service Spa Montage, an extensive health and wellness program, fitness center, swimming pools, and Montage’s signature Paintbox Children’s Club.

“Today we mark a milestone, officially breaking ground on a development that will transform the tourism offerings of the Northern Bahamas,” said Sterling founder and executive chairman David Kosoy. “Montage Cay and The Residences at Montage Cay will bring a new level of leisure and luxury to the Abacos.”

Montage Cay is not only providing a much-needed boost to the Bahamian economy during construction, helping people build back, but will provide upscale desirable jobs when complete and will attract visitors and residents who truly respect The Bahamas, its waters, its people, and the wonderful lifestyle this country has to offer.”

“We are pleased to be partnering with the team at Sterling Global to bring Montage Cay to life and introduce our first Caribbean resort,” said Alan J. Fuerstman, Founder, Chairman and CEO, Montage International. “Montage Cay has been designed to take advantage of the island’s natural beauty, while offering guests Montage’s signature amenities and service.”

Among the other dignitaries at today’s groundbreaking were Tourism Parliamentary Secretary John Pinder, Ministry of Works Permanent Secretary Luther Smith, local Abaco elected and appointed officials, Pastor Ryan Forbes of Assemblies of God, Treasure Cay, and Abaco Chamber of Commerce President Daphne DeGregory Miauolis. The event was covered by nearly every media house in the country.

 

Release: Sterling Global Financial

Photo Captions:

Header: Shovels in the ground for the official ground breaking of luxury resort, Montage Cay in Abaco (l-r) Hon. John Pinder, MP, Central and South Abaco, and Parliamentary Secretary, Ministry of Tourism, Investments & Aviation; Hon. I Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation; Alan Feurstman, Founder, Chairman & CEO of Montage Int’l; Rt. Honourable Phillip Dave, Prime Minister of The Bahamas and Minister of Finance; David Kosoy, Executive Chairman & Founder, Director of Sterling Global Financial; Hon. Kirk Cornish, MP, North Abaco.

1st insert: Prime Minister Phillip Davis, Deputy Prime Minister Chester Cooper and Minister of Environment, Vaughn Miller exchange warm greetings with David Kosoy, Executive Chairman of  Sterling Global Financial at Montage Cay, Abaco.

2nd insert: Alan J. Fuerstman, founder of the luxury resort Montage chain of hotels along with his family and Montage team members.

3rd insert: Beautiful day at the $300+ million ground breaking event for Montage Cay’s luxury resort in Abaco.

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Federal Investigation into Florida Turnpike Tragedy that Killed Three Children of Bahamian Mother

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NTSB examining roadside assistance driver’s actions, SUV speed and seat belt use after six people perish in fiery collision

ORLANDO, FLORIDA — October 29, 2026 — Federal investigators have joined the investigation into a horrific Florida Turnpike collision that claimed six lives, including all three children of a Bahamian mother, as questions intensify over what caused the deadly crash.

The United States National Transportation Safety Board (NTSB) has confirmed that it is opening an investigation into the October 23 accident, which occurred around 9:31 p.m. near mile marker 252 in Orange County.

The agency’s involvement brings federal scrutiny to a tragedy that has devastated several families and prompted an extraordinary outpouring of sympathy and disbelief.

Among those killed were siblings Charles Milton, Jakara Milton and Dalvena Green, the three adult children of Marshall Clarke-Milton and her husband, Charles Milton Sr.

The siblings were traveling with three others to Universal Orlando’s Halloween Horror Nights, reportedly on their first trip together.

They never arrived.

FEDERAL INVESTIGATORS EXAMINE WHAT WENT WRONG

The NTSB confirmed to FOX 35 Orlando that its investigation will examine the training and performance of the roadside assistance driver, the actions of the SUV driver, including speed, and whether the occupants were wearing seat belts.

The agency investigates serious transportation accidents to identify safety failures and recommend measures that could prevent similar tragedies.

Its involvement does not establish wrongdoing by either driver.

The Florida Highway Patrol is conducting a separate investigation into the collision.

According to the preliminary police account, a Road Ranger roadside assistance truck had been parked in the highway median before its driver received instructions to assist a disabled box truck on the opposite shoulder.

As the Road Ranger moved across the northbound lanes, it collided with a 2023 Chevrolet Traverse carrying six adults.

Both vehicles left the roadway and caught fire.

All six occupants of the SUV died at the scene. The Road Ranger driver survived with minor injuries.

MOTHER CHALLENGES EARLY ACCOUNT

Witnesses reportedly told investigators that the SUV was traveling at high speed without its headlights illuminated.

However, those observations have not been established as the definitive cause of the collision.

Clarke-Milton has challenged suggestions that her children or their companions were responsible, urging investigators to examine the evidence before reaching conclusions.

She wants investigators to establish the SUV’s actual speed and determine whether its headlights were operating.

The family’s concerns underscore the importance of the continuing investigations, particularly given the movement of the roadside assistance vehicle across active highway lanes.

ALL THREE CHILDREN LOST

For Clarke-Milton, the investigation unfolds against an almost incomprehensible personal tragedy.

She lost all three of her children simultaneously.

In an emotional interview with FOX 35 Orlando, the grieving mother described the terrible feeling that overcame her when she could not reach them.

“My heart sank,” she said, recalling the moment she feared her children were involved.

The siblings were among six people whose lives ended during what should have been an enjoyable evening together.

The other victims included Timothy Williams and Shawn Palmer. A sixth person’s identity had not been publicly confirmed in the latest reports reviewed.

The family’s heartbreak has resonated across The Bahamas and beyond, with expressions of sympathy accompanying calls for answers.

SEARCH FOR ANSWERS CONTINUES

The Florida Highway Patrol has indicated that a crash report is expected within approximately ten days of the accident.

The NTSB’s investigation will examine broader transportation safety concerns, including the operation of roadside assistance vehicles and the circumstances surrounding the collision.

For the grieving families, the findings cannot reverse the tragedy.

But they may establish what happened on that stretch of Florida’s Turnpike and whether anything could have prevented six people from losing their lives.

For one Bahamian mother, the loss is especially devastating.

Three children left for an evening of entertainment. Not one came home.

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Bahamas Issues Cybersecurity Alert Over Akira Ransomware Threat

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Nassau, The Bahamas, October 22, 2026 — The National Computer Incident Response Team of The Bahamas (CIRT-BS) has issued a cybersecurity advisory warning businesses, government institutions and other organisations about the growing threat posed by Akira ransomware, a cybercriminal operation capable of stealing sensitive information, disrupting networks and demanding ransom payments.

Active since March 2023, Akira operates through a Ransomware-as-a-Service model, with affiliates exploiting weaknesses in computer networks to gain unauthorised access.

Once inside, attackers can steal confidential data, disable recovery systems and encrypt files, preventing organisations from accessing critical information.

Particularly concerning is Akira’s use of double extortion, threatening to publish stolen information unless victims pay. Some attacks involve data theft without encryption.

The October 22 advisory identifies vulnerabilities involving Cisco and SonicWall firewalls, VPN services, Microsoft Remote Desktop Protocol, Veeam backup systems and outdated Windows and Linux operating systems. VMware ESXi and Nutanix AHV environments are also potential targets.

Attackers may exploit unpatched software, stolen login credentials and inadequately secured remote-access applications, including AnyDesk and RustDesk.

Warning signs include unexpected administrator accounts, unusual remote logins, unauthorised software installations, suspicious backup activity, mass file changes and ransom notes.

CIRT-BS recommends immediate security updates, multifactor authentication, restricted remote access, stronger network monitoring and secure backups maintained separately from operational systems.

Organisations should also remove unnecessary internet exposure of remote desktop services, limit administrative privileges and regularly test backup restoration.

The advisory does not identify any confirmed Akira attack against a Bahamian organisation but highlights vulnerabilities that could expose institutions to serious financial and operational disruption.

Cybersecurity incidents can be reported to CIRT-BS at soc@cirt.bs or through its official website.

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Energy Minister Delivers Electrifying Keynote Opening Address at CAREC 2026  

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NASSAU, The Bahamas – The Bahamas’ Minister of Energy, Utilities and Aviation, The Honourable JoBeth Coleby-Davis, delivered an electrifying address during the opening ceremony of the 2026 CARILEC Resilient/Renewable Energy Community (CAREC) Conference and Exhibition, being held October 18–22, 2026, at the British Colonial Hotel in Nassau, The Bahamas.

Under the theme “Empowering Progress: Strategic Policy and Planning for the Energy Transition,” the event draws more than 200 industry leaders, policymakers, regulators, and energy professionals committed to advancing practical strategies for sustainable and reliable Caribbean power systems through renewable energy and emerging technologies.

During her address, titled “The New Energy Era: Transforming Policy into Progress,” Minister Coleby-Davis reminded attendees that The Bahamas’ national motto, “Forward, Upward, Onward, Together,” aptly describes what the region’s energy transition demands.

“Empowering Progress speaks directly to our national motto. Not waiting for progress, but creating the conditions that allow progress to happen. Meaningful progress, however, does not occur by accident. It requires vision, sound policy, strategic planning, strong institutions, and the determination to turn decisions into results,” said Minister Coleby-Davis.

Participants acknowledged that small island developing states share similar pressures, compounded by geographical challenges, small electricity markets, ageing infrastructure, geopolitical influences, and the growing threat of severe weather.

Tasked with ushering in a new energy era across the islands while addressing the challenges posed by The Bahamas’ unique archipelagic composition, Minister Coleby-Davis said, “Every island needs a different answer, but the same logic. As an archipelagic nation, we must provide electricity across many islands, each with its own demand and infrastructure needs. Our strategy, therefore, must be national in direction, but responsive to individual communities.”

Restating her Ministry’s three core messages—that energy is an economic and security priority, technology must be viewed as a tool to support strong institutional leadership, and natural gas should be considered a bridge, not a destination—Minister Coleby-Davis reiterated that “progress must now be reflected in functioning infrastructure, effective institutions, and better electricity services: from policy commitments to coordinated implementation, and from fragmented investment decisions to long-term planning.”

Organised by CARILEC and co-hosted by Bahamas Power and Light (BPL) and Grand Bahama Power Company (GBPC), the annual Conference and Exhibition brings together the Caribbean energy community to advance practical solutions to the region’s most pressing energy challenges and accelerate progress towards more resilient, reliable, and sustainable power systems.

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