Bahamas News

‘Bahamas Can Regain Shipping Registry Prominence with 2 Key Measures, We must ask ourselves why we are sliding instead of climbing’

Published

7 years ago

August 8, 2017

Bahamas, August 8, 2017 – Nassau – A maritime attorney with a leading law firm says The Bahamas is only steps away from regaining its position as one of the world’s most respected and sought after shipping registries.

Syneisha Bootle, AA., LLB (Hons.), LLM (Dist.) maritime specialist with Callenders & Co., the country’s oldest law firm with a century-old history with shipping, said the country is poised to regain its position among the world’s fastest growing ship registries, but it must take two steps – update maritime legislation including a half century old insurance act and enact new legislation with strict enforcement provisions.

“We have the talent, we have the resources to put The Bahamas back on the map in maritime law,” said Bootle, who holds an advanced degree in maritime law. “However, we must enact legislation enabling us to act on the many conventions and treaties we have signed. Without enforcement legislation, the signatures on the treaties are merely well-intentioned promises.”

In the 1990s, The Bahamas enjoyed the position of being the fastest growing ship registry in the world and at one time was the third largest, boasting of high standards that would distinguish it from being a flag of convenience.

Bootle is worried that the country has fallen to seventh place in an era when opportunities are greater than they have ever been.

“It is gratifying to know that companies like Chevron, Exxon International, Maersk Line, Cunard Lines, Texaco, Holland-America Cruises, Finnlines, Teekay Shipping, Lauritzen Reefers, Smit International, the East Asiatic Company and MSC are listed on the official Bahamas Maritime Authority register and have chosen to fly the Bahamian flag. However, with the record number of new cruise ships under commission and the growth being experienced by the shipping industry as a whole, we must ask ourselves why we are sliding instead of climbing relative to other registries,” said Bootle.

“We have the capacity. We have the infrastructure with a well-equipped and provisioned maritime authority with offices in London, Hong Kong, Greece and New York with an agency office in Tokyo. We have the political stability, the strong and stable banking and financial sector requirements. We simply need to update and modernize our maritime legislation and to take a stricter stand on enforcement which requires legislation so that the treaties we have signed become law.”

Bootle’s dissertation focused on the modernization of the Marine Insurance Act. The Marine Insurance Act that is more than 50 years old, she noted, and was modeled after the 1908 United Kingdom act. “Today, that Act is in urgent need of updating,” says Bootle. “Along with the Marine Insurance Act, there are several pieces of legislation that need updating or must be created if we are going to be competitive in the ship registry space.”

She commends the government for recognizing the value of yacht registration and enacting legislation to introduce the separate registry in 2011.

Now, she says, it is time to re-focus on the registry for commercial vessels, re-affirming the high standards it represented when the Bahamas Maritime Authority was launched in 1995.

According to the government’s reports, The Bahamas has more than some 1500 ships on its registry. Panama, the world’s largest registry, reports 8,200 ships accounting for 23% of all vessels, though its requirements to register including the age of the ship are less stringent than those of The Bahamas.

“We never wanted to be a flag of convenience and I am pleased that, in principle, we are maintaining that standard. But without signing onto treaties like the London Convention that sets strict penalties for dumping at sea and without updating our maritime legislation to support the treaties we have signed on to, I fear our reputation will be at stake. We want this country to grow and play a prominent role in an arena that is profitable, productive and invites many opportunities for people and companies that service the ships we register. These are relatively easy fixes and we should act on them without delay.”

Release: DPA news

Photo caption: Syneisha Bootle, AA., LLB (Hons.), LLM (Dist.) maritime specialist with Callenders & Co., the country’s oldest law firm with a century-old history with shipping, said the country is poised to regain its position as among the world’s fastest growing ship registries, but it must take two steps.

(Photo by Bahamas Visual Services.)

Bahamas News

C&W COMMUNICATIONS PROUD TO BE ASSOCIATED AS ATHLETES “CHASE THE SUN”

Published

1 hour ago

May 4, 2024

Shanieka

World Relays to be title sponsored by BTC, one of C&W’s local brands.

In just a few days, athletes from over fifty countries will converge in The Bahamas for the BTC World Athletic Relays Bahamas 24. C&W Communications, the parent company of BTC, is proud to be associated with this major event, which will see athletes from The Bahamas, Barbados, Jamaica, and Trinidad & Tobago competing for a place in the upcoming Olympic games in Paris.

Inge Smidts, CEO of C&W Communications, who also serves as Chair of the BTC Board of Directors will be in the stands to witness the highly anticipated relays. Smidts says, this was an event that she simply could not miss. “We are proud to support our Caribbean athletes, and we wish them well as they vie for a spot in the Olympic games.

The relays will be held one of in our markets, The Bahamas, and we are honoured to be the title sponsor of the event. The world relays represent the spirit of relentless courage and the willingness to succeed of the Caribbean people and of our business. Through partnerships like this we demonstrate our unwavering commitment to connect communities and change lives.”

In addition to its sponsorship of the event, Smidts says it was important that athletes, officials, and fans stayed connected during the games. “As a business we are focused on ensuring that our customers have access to faster, stronger, and more reliable connectivity, and we worked with our partners to make certain that athletes and guests remain connected.

We have offered e-sim cards, and we also worked with the major hotels to set up care centers to ensure that we address any connectivity concerns on the spot. Additionally, I am pleased to announce that BTC will provide free Wi-Fi at the stadium giving patrons and athletes the opportunity to share every riveting moment.”

BTC has hosted a special event just for the Caribbean athletes, at the newly renovated Queen’s Staircase in Nassau, a recently renovated historic landmark visited by thousands of tourists each day. This event gave athletes the opportunity to unwind, mingle, and to learn more about each other right before the competition.

This is the fourth time that BTC and its parent company C&W Communications have title sponsored the world relays. The BTC World Athletic Relays will be held at the Thomas A. Robinson Track & Field Stadium from May 4-5, under the theme, “Chase the Sun, from Paradise to Paris.”

Bahamas News

RBC appoints new Country Manager and Area Vice President for Turks & Caicos

Published

1 hour ago

May 4, 2024

Shanieka

RBC Royal Bank (Bahamas) Limited (“RBC”) is pleased to announce the recent appointment of Kerryl-Lyn King-Henry as Country Manager and Area Vice President (“AVP”), Personal and Commercial Banking, Turks & Caicos Islands (TCI).

In her new role as Country Manager and AVP, King-Henry will take on full responsibility for the bank’s operations, strategy, and development in the TCI market, with a strong focus on solidifying partnerships with the Government, regulatory bodies, and the local community.

King-Henry brings to the role a dynamism influenced by nearly 25 years of industry experience. Prior to her new appointment, she served as AVP of Business Banking in Trinidad and Tobago. She has held progressively senior roles within both personal and commercial banking, as well as various functional units.

King-Henry holds a Master of Business Administration (MBA) degree, with a specialization in Leadership, FinTech and Big Data Analysis, in addition to a Bachelor’s Degree in Business Administration. Further enriching her professional profile, Kerryl-Lyn is a certified John C. Maxwell Coach, Trainer, Teacher, and Speaker. Her passion for leadership and development is matched by her commitment to community service, as she actively volunteers her time and leverages her professional expertise to mentor and support others. “

Kerryl-Lyn’s extensive experience and proven leadership capabilities make her the perfect choice to lead our operations in the Turks & Caicos Islands,” said Ericka Rolle, RBC’s Managing Director and Vice President, Personal Banking, The Bahamas and TCI.

“Her commitment to excellence, combined with a genuine passion for community engagement, aligns perfectly with our Bank’s purpose of helping clients thrive and communities prosper. We are excited to see the positive impact she will undoubtedly bring to her new role,” she added.

Bahamas News

Get your laugh on, March On show coming to Turks and Caicos with box office at IGA Friday and Saturday

Published

7 hours ago

May 3, 2024

Shanieka

Dana Malcolm

Staff Writer

After resounding success in the Bahamas, hit play ‘March On, The Story of Us’ has been inundated with requests to take their show on the road, and the first location they’ll be hitting is Providenciales Turks and Caicos with tickets on sale this weekend from May 3 to 5.

Magnetic Media spoke to Gea Pierre, playwright, who told us the TCI was a natural first choice for the cast and crew.

“We started ‘March On’ in November 2023 and it was really an opportunity for us to tell a story, the story of the Bahamas and to encompass the nations that we have an amazing relationship with like the Turks and Caicos,” she continued “We really got a lot of people calling [for the play] from [the TCI], so much so we really had to pay attention.”

The response to ‘March On’ at home and abroad was overwhelming.

“To say it went well is an understatement, even before we opened we got calls from Canada, from all over the US with people wanting us to come and perform.”

And take the show on the road they did! Gea and her team have launched “March On: The Tour” and will be in Providenciales to perform on May 10th and 11th. It’s the first of a number of stops which include Nassau and several US locations.

A ticket booth will be set up from today, Friday May 3 in the foyer of IGA grocery store beginning at 1 p.m. Friday and then again all day on Saturday, allowing residents to purchase with cash.

Online tickets are available for purchase with credit cards. Then the full team returns on Friday, May 11 for the actual showing at 8 pm and their two showings on Saturday at 4pm and 8 pm. The venue is Brayton Hall, Providenciales under the patronage of Washington Misick, TCI Premier and First Lady Delthia Misick.

Describing the close familial relationships between the TCI and the Bahamas, for many on the crew it will be like coming home Gea told us, for others it will be a treat to visit for the first time, the places that their grandparents described.

Tickets are only $60 for general seating and $75 for VIP seating.

Gea maintained that the team wanted to keep the show as accessible to residents as possible.

As for why you should come out and see the play, other than the great price point:

“The way that people have responded to it is non stoplaughter, people have been moved to tears because there’s some emotion. It does not only lend to Bahamians. It’s a family drama, and anyone who’s ever been a part of a family is going to get something out of it, and something moving.”