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LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY
 
The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position the shipyard to feature the largest floating dock ship repair facility in the Western Hemisphere by 2026, significantly boosting the island's economy.

LANDMARK $600M AGREEMENT SIGNED TO REVITALIZE GRAND BAHAMA SHIPYARD

The government signed a Heads of Agreement with Carnival Cruise Line and Royal Caribbean International on Thursday.  This agreement marks the approval of a long-planned project to expand and revitalize the Grand Bahama Shipyard, with a $600 million investment dedicated to the construction of new drydocks and improvements to the facilities in Freeport.  This expansion will position […]

Mario Bannister

FORMER MANAGING DIRECTOR CHARGED WITH DEATH OFPHILLIP ADDERLEY

Police Prosecutors charged Mario Bannister, former ManagingDirector of Clifton Heritage National Park this week for acting as an accessory to themurder of 36-year-old Phillip Adderley, by providing a vehicle to the accusedkillers.Twenty-eight year old Christian Napier and 26-year-old Donte Riley werecharged with killing Adderley whose body was found on August 15th, 2024,stabbed to death in […]

Elderly Woman among Three Dead in GB Traffic Accident

08 August 2017

Three persons are dead following a traffic accident that occurred in Grand Bahama on Monday. According to police, shortly after 1 p.m., they were called to a traffic accident on East Sunrise Highway and Gedney Drive that involved a 2006 GMC Sierra vehicle and a Silver Nissan Tiida. The occupants in the silver Nissan were […]

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‘Minnis and FNM Must Atone for Sins,’ Says Roberts

08 August 2017

Progressive Liberal Party (PLP) Chairman Bradley Roberts called on Prime Minister Dr. Hubert Minnis and the Free National Movement (FNM) to “atone for their sins’ and apologize for introducing political violence to The Bahamas, which can be traced back to 1972. Roberts called for Dr. Minnis and the FMN’s atonement and apology yesterday, which follows […]

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bob chairman wayne aranha

Govt to Inject $166 million in BOB

04 August 2017

The government has agreed to allow the special purpose vehicle Bahamas Resolve Ltd. (Resolve) to acquire $166 million in impaired commercial loans from Bank of The Bahamas Limited (BOB), shareholders learned on Wednesday evening at the bank’s annual general meeting held at Breezes Resort on Cable Beach. According to Wayne Aranha, chairman of the bank, […]

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URCA Launches Consumer Protection Consultation

04 August 2017

As the independent regulator of the electricity sector (ES) in The Bahamas, The Utilities Regulation and Competition Authority (URCA) has initiated its public consultation process on the Bahamas Power and Light Company Ltd’s (BPL) consumer protection plan, (CPP). BPL provides electricity to over 100,000 customers in New Providence and the Family Islands. Consistent with URCA’s […]

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GBHRA Accuses Munroe of ‘Rank PLP Hypocrisy’

04 August 2017

Attorney Wayne Munroe’s, QC, decision to keep his list regarding alleged Free National Movement (FNM) corruption a “secret” is “rank PLP (Progressive Liberal Party) hypocrisy,” according to the  Grand Bahama Human Rights Association (GBHRA). The GBHRA, led by attorney Fred Smith, QC, explained yesterday that if Munroe has information regarding alleged FNM corruption, he should […]

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‘Manchester Does Not Reflect U.S. Govt Views’

04 August 2017

The Ministry of Foreign Affairs in its response to comments made by nominee for U.S. ambassador to The Bahamas Doug Manchester said his views “does not necessarily reflect the views of the government of the United States.” During Manchester’s confirmation hearing before the United States Senate Committee on Foreign Relations on Wednesday, he described The […]

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Vasyli Granted $250,000 Bail

04 August 2017

Australian native Donna Vasyli, 57, was granted $250,000 bail with two sureties by Supreme Court Justice Bernard Turner yesterday. Vasyli’s conviction and 20 year sentence for murdering her millionaire podiatrist husband Philip Vasyli back in March 2015, was last week quashed by the Court of Appeal, at which time she was granted a retrial. Justice […]

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Fishermen Optimistic as Crawfish Season Opens

02 August 2017

Yesterday marked the opening of the crawfish season, a lucrative business that can bring a sizable catch if fishermen are spared the ravages of another storm, like Hurricane Matthew which damaged or swept away more than 800 traps. Several Bahamian fishermen shared their excitement about the crawfish season hoping another storm won’t put a “hole […]

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Senator Welcomes Logos Hope Ship to Freeport

02 August 2017

Minister of State for Grand Bahama Senator Kwasi Thompson said he can identify with Logos Hope’s vision, which is extending equal opportunity for knowledge to all. “We applaud you for this,” Minister Thompson told workers of the Logos Hope Ship, during their official welcome to Freeport on Friday, July 28, 2017. Minister Thompson was joined […]

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Fox Hill Resident Gunned Down

02 August 2017

A 21-year-old resident of Fox Hill became the country’s latest murder victim yesterday when he was gunned down after exiting his car on Armbrister Street, Fox Hill. Police did not identify the body on the scene, but The Bahama Journal understands that victim is Rahajio Wright of Cockburn Street, Fox Hill. Wright’s lifeless body laid […]

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