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BAHAMAS: DPM Turnquest Attends the Grand Opening of Freeport Insurance Agents & Brokers New Office Centre

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#Freeport, GB, September 13, 2018 – Bahamas – Deputy Prime Minister and Minister of Finance the Hon. K. Peter Turnquest attended the Freeport Insurance Agents & Brokers grand opening of its new office centre, Wednesday, September 12.   The DPM praised the company’s principals, President, Lawrence Palmer; Vice President, Donald Ward and Manager of Business Development, Deborah Knowles who together have over 80 years of experience in the insurance industry.

The company, which has exceeded its targets every year, grew from five employees five years ago to 20, including four who work at a branch in Nassau.

According to DPM Turnquest, “It is said that when you start out something with pure intent and when you add to that creativity, hard work, discipline, and you surround yourself with good people, all with similar goals in mind – that is success. While not guaranteed, it is certainly that much more assured.”

He said during the official opening three years ago that it was the right time to invest in Grand Bahama, even though the island was going through difficult times, “then was the time to plant the seeds because success and the turn-around in Grand Bahama was ahead.”

DPM Turnquest said he sees the success so far and knowing the partners, more growth and success will be achieved.  To the nay-sayers on the current situation in Grand Bahama, the Deputy Prime Minister said, “Things do not automatically happen. People make things move. And that is what we are witnessing here today.”

Listing a number of businesses who have achieved success over the past few years, the DPM gave examples of Quality Wash and Press, Food Mart Express, Fowlco Marine Management and Logistics, Elnet – all Bahamian businesses owned by Grand Bahamian residents who have confidence in the island’s economy who followed their dreams with well thought out business plans.

“Let me be clear, there is no attempt here to dismiss or disregard or downplay the role that government serves in an economy.  We hold the critical responsibility for creating an environment to grow our economy and enhancing the quality of life for all Bahamians.  It is fair to say, things are not happening fast enough for everyone.   ”

As a government, we remain sensitive to the struggles and pains some are experiencing in Grand Bahama and the wider Bahamas.  We continue to demonstrate our commitment by implementing new practices, policies and legislation.   And we know, there is a lot more work to be done particularly in the area of the ease of doing business, and we are working assiduously on that.”

The DPM then referenced the Jump Start and Self Starter programme being held in conjunction with the Office of the Prime Minister and the Ministry of Youth, Sports and Culture.  This, he said, is something he is proud of as some 80 young Bahamians have gotten a start as a result of the programme.

He said, “We are very serious about Bahamians taking control of this economy. And the only thing that we require is an investment of energy, interest, discipline and creative ideas.

“Because we believe that residents in this Bahamas, and particularly amongst our young people, is a wealth of creative ideas yet to be discovered, that will propel the economic growth that we need in order to sustain the young people and the not so young people that are graduating from our schools and university every year.”

About Freeport Insurance Agents & Brokers, the Minister said that with the company owned by Grand Bahamians, there is no reason why residents should not support them.  “They understand us and they understand the challenges we have and so it is fitting they have taken up the challenge to provide this very necessary service to their people, Grand Bahamians.”

He said, “We are reminded today that things do not automatically move. People make things move. While openings like these do not serve as a fix all for Grand Bahama, it offers tangible evidence of things getting better in Grand Bahama. Grand Bahama, like the insurance industry, has its challenging and complex dynamics.

“We are all in this together.  Freeport Insurance Agents & Brokers is testament of the fact that with God’s guidance a dream, a thorough plan and hard work, success is within reach.”

Grand Bahamians do not need to be “locked” in Grand Bahama, he said, as businesses can expand to other islands.  “I want to encourage you business people to think about expanding your brand.  You do have something to offer and you can compete.”

Grand Bahamians can teach people in the capital how to do business properly and survive in difficult challenges and circumstances.

 

By: Robyn Adderley

Release: BIS

Header: Following the official opening ceremony of Freeport Insurance Agents & Brokers Limited’s new Office Centre on Wednesday, September 12, the ribbon cutting was done by Mrs. Eleanor Palmer, wife of Lawrence Palmer, President (next to Mrs. Palmer). Also shown are: Patrick Ward, President, Bahamas First General Insurance Company Ltd. and Chairman, Bahamas Mortgage Corporation; and Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest.

Insert: Deputy Prime Minister and Minister of Finance, the Hon. K. Peter Turnquest was the guest speaker during the official opening ceremony of Freeport Insurance Agents & Brokers Limited’s new Office Centre on Wednesday, September 12.

 

(BIS Photos/Lisa Davis)

 

 

 

 

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Nassau Cruise Port Marks Sixth Anniversary with Exciting New Additions for Visitors and The community

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[Nassau, Bahamas, October 8, 2025] Nassau Cruise Port (NCP) proudly celebrates its sixth corporate anniversary by unveiling a series of transformative additions that further enhance the guest and community experience. The anniversary comes at a pivotal moment in the growth of the port, with the opening of a new swimming pool, an expanded marina, and a state-of-the-art ferry terminal that will support transfers to the Royal Beach Club, which is currently under construction on Paradise Island.

Since its $300 million redevelopment, Nassau Cruise Port – the largest transit cruise port in the world – has welcomed millions of visitors and become one of the most vibrant cruise destinations in the world. This anniversary not only reflects its commitment to delivering world-class facilities, but also its dedication to creating meaningful connections between visitors and the Bahamian community.

“This milestone represents much more than the passage of time,” said Mike Maura, Jr., CEO and Director of Nassau Cruise Port. “It reflects our promise to continually elevate the guest experience, contribute to the local economy, and provide opportunities for Bahamians. During our first year (2019) of operating the Nassau Cruise Port, Nassau welcomed approximately. 3.85 million cruise guests, and 2025 will see well over 6 million cruise visitors visit Nassau. Our focus on driving cruise tourism and the $350 million investment in our downtown waterfront is a testament to our vision of making Nassau a premier cruise and leisure destination.”

The new pool offers a refreshing retreat for visitors enjoying Nassau’s waterfront, while the expanded marina will accommodate additional yachts, boosting tourism and local commerce. The ferry terminal expansion enhances passenger flow and supports convenient, seamless transfers to the Royal Beach Club, strengthening Nassau’s position as a hub for Caribbean cruising and leisure.

As part of its anniversary celebrations, NCP will host a series of internal and external activities to celebrate its team and to highlight its ongoing investments in the Bahamian economy, including job creation, local vendor opportunities, and cultural showcases at the port.

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Next U.S. Ambassador?  Walker Pledges Business-Driven Approach as U.S. Looks to Counter China in The Bahamas

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Deandrea Hamilton | Editor

 

The Bahamas, September 16, 2025 – For the first time since 2011, the United States is on the cusp of sending an ambassador to The Bahamas — and the nominee, former football star turned entrepreneur Herschel Walker, is promising to bring his business instincts to the diplomatic table.

Speaking before the Senate Foreign Relations Committee last week, Walker underscored that his background in food-service companies and small business leadership has prepared him to think practically about investment. “I know how to run a business, how to create jobs, how to make payroll. Those lessons translate into building relationships and building trust,” Walker said.

Walker, who was nominated by President Trump in December 2024, faced the Senate Foreign Relations Committee on September 11. As of now, he has not yet been confirmed; his nomination remains under review, pending a committee vote before it can move to the full Senate. If approved, he would become the first U.S. ambassador to The Bahamas since 2011.

For years, U.S. officials have stressed security and counternarcotics cooperation with The Bahamas, including through “Operation Bahamas, Turks and Caicos.” But in areas like infrastructure, medical care, and long-term investment, Washington has often been absent.

Hospitals and clinics remain under-resourced, and hurricane recovery has been slow in many islands. Chinese state-backed firms, by contrast, have shown up with financing packages and construction deals — a presence that has raised alarms on Capitol Hill.

“Only 50 miles off our shore, The Bahamas is too important for us to ignore,” warned Senate Foreign Relations Committee leaders during Walker’s hearing. They called China’s inroads “strategic, not charitable,” suggesting Beijing’s long game is about ports, proximity, and political leverage.

Walker positioned himself as a nontraditional but pragmatic envoy. He argued that his business career, rooted in private sector success, equips him to champion American investment in The Bahamas.

He pledged to:

  • Promote U.S. companies interested in medical and infrastructure projects.
  • Support an environment that encourages American investors to see The Bahamas as more than just a beach destination.
  • Highlight opportunities for partnerships that improve public services, healthcare, and resilience against hurricanes.

“I’ve built businesses. I know what it takes to attract investors and create opportunity. That is exactly what I intend to bring to our relationship with The Bahamas,” Walker said.

The Bahamas is not just a tourist paradise. It’s a frontline state in migration, drug interdiction, and hurricane response. More than six million U.S. visitors travel there annually, making stability and safety a U.S. domestic concern as much as a foreign policy one.

And yet, with the ambassador post vacant for 14 years, the U.S. has often looked detached — opening space for China’s ambitious Belt and Road agenda. The fear is that infrastructure deals signed today could give Beijing leverage in the region tomorrow.                                                                                                                                                                                                                Walker’s confirmation would symbolize a course correction, signaling Washington’s intent to re-engage not only in security but in the economic future of The Bahamas.                                                                                                                                                                                                                    Not everyone is convinced Herschel Walker is the right man for the job. His nomination revived controversies from his 2022 Senate run, including past allegations, public gaffes, and doubts about whether he has the diplomatic polish the post demands. Some senators and analysts questioned whether celebrity and business experience were enough for a role requiring nuance in foreign policy and geopolitics.

Critics argued that The Bahamas, sitting just 50 miles from Florida and facing intense Chinese interest, deserves a seasoned diplomat rather than a political ally.

Walker confronted those doubts head-on. “People have underestimated me all my life — in academics, athletics, and business,” he told the Senate Foreign Relations Committee. “And I have always proven them wrong, through discipline, determination, and by outworking everyone.”

He admitted he had never served as an ambassador but countered that his career prepared him in other ways: building businesses, managing payrolls, and connecting with people from all walks of life. He framed his business background as a strength, promising to use it to encourage U.S. investment in healthcare, infrastructure, and hurricane resilience projects in The Bahamas.

Rather than sparring with critics, Walker leaned on confidence and persistence: “I know how to build trust and find common ground. That’s what this relationship needs.”

If confirmed, Walker would have to balance his role as diplomat with expectations of being a commercial cheerleader for U.S. firms. His emphasis on entrepreneurship suggests a willingness to push U.S. businesses toward opportunities in healthcare, ports, and post-storm reconstruction — areas where Bahamians say they need the most support.

For Bahamian officials, the question will be whether Washington is prepared to back words with financing. U.S. private sector dollars, paired with aid and development partnerships, could help shift the tide against Chinese influence.

For Walker, the test will be whether his business acumen can translate into diplomatic wins — giving Bahamians alternatives to Beijing, while deepening the U.S. role in the Caribbean.

Analysis: If Walker delivers, this appointment could mark a turning point: a U.S. strategy that recognizes that in the Caribbean, investment is diplomacy.

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Conflicting Reports as Grand Bahama Awaits Its New Airport: What to Believe?

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Deandrea Hamilton | Editor

 

September 16, 2025 – Grand Bahama’s wait for a modern international airport has taken another dramatic turn. Just days after reports surfaced that the $200 million redevelopment had collapsed because partners failed to secure financing, the government is now insisting the project is alive and well — with funding in the “final stages” and construction on the horizon.

Earlier This Week: Airport Deal in Dire Straits

The week began with grim headlines. Deputy Prime Minister and Aviation Minister Chester Cooper confirmed that private partners in the much-heralded consortium had not produced financing. “Regrettably, the funding had not happened,” he admitted, sparking widespread fears the deal had crumbled.

Those admissions triggered a storm of skepticism in Freeport. Back in February, the government had declared the airport deal “finalized,” naming Aerodrome Ltd., Manchester Airport Group, and BHM UK as partners. They promised demolition within 30 days, designs in 45 days, and a new terminal by year’s end. But now, more than four months later, not a single milestone has been delivered.

For residents and business leaders, the collapse narrative confirmed their worst fears: that Grand Bahama was once again being strung along with empty promises. Long-stay tourism — the kind that sustains hotels, restaurants, taxis, and shops — depends on a functioning airport. Without it, the island’s economy remains hobbled.

Today: Government Pushes Back

But late Thursday, the government issued a forceful rebuttal. “The redevelopment of Grand Bahama’s International Airport remains a central priority for this administration and is key to the island’s economic renewal,” the statement read. Officials stressed that they are “in the final stages of securing funding and concluding agreements on airport management.”

The statement went further, clarifying the role of Manchester Airport Group, the UK’s largest airport manager. MAG, it said, was never meant to provide financing but remains a core partner in shaping the airport’s development and management. Bahamian contractors, the government insisted, are part of the team tasked with delivering the facility. “Our focus is on results,” the release concluded. “Grand Bahama will have the airport it needs to grow, attract investment, and strengthen its role as a gateway to The Bahamas.”

Who Should Grand Bahama Believe?

The conflicting narratives — one of a deal in “dire straits,” the other of a project in “final stages” — have left Grand Bahama residents struggling to know what to believe. Is the airport project truly on life support, or is the government simply playing its hand close until funding details are nailed down?

Skeptics point out that this is hardly the first time the airport has been declared a priority only to see little follow-through. Promises in 2023, in February 2025, and again in summer 2025 all failed to produce visible progress. Each missed deadline has chipped away at public trust.

Supporters of the government counter that large infrastructure projects are inherently complex, with legal negotiations and financing arrangements often dragging longer than planned. They argue that the continued involvement of Manchester Airport Group is evidence the project is still credible.

The Bigger Picture

Grand Bahama’s airport troubles are intertwined with the stalled $120 million Grand Lucayan hotel sale, which also remains without visible progress 129 days after it was announced. Business leaders insist both projects must move together if the island is to see real recovery. A luxury resort without a modern airport is as unviable as an airport without hotel rooms to fill.

For now, the people of Grand Bahama are left in limbo. This week they were told the airport deal had failed. Today, they’re being told it’s moving forward. The only certainty is that, nearly a year after the latest round of promises, not a single crane has touched the sky.

As one resident put it: “We don’t need more statements. We need to see bulldozers.”

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