TUESDAY,
Cruise port projects 59% revenue surge to $78m
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
NASSAU Cruise Port is projecting 2025 revenues will increase by 59 percent to $78m, its top executive revealed yesterday, with passenger volumes now forecast to rise by a further 300,000 and hit 6.5m.
Michael Maura, the Prince George Wharf operator’s chief executive, told Tribune Business the improved predictions show how cruise tourism is continuing to expand despite last month’s hints that the Trump administration may launch a tax crackdown on operators such as Carnival and Royal Caribbean for using non-US flagged ships.
Disclosing that both Nassau Cruise Port and its controlling 49 percent shareholder, Global Ports Holdings, are continuing with their growth push, he added that some $2m is being invested locally to enhance both ground transportation and provide additional
ferry terminal capacity that will service Royal Caribbean’s Paradise Island beach club that is set to open to visitors in December 2025.
And, with Nassau Cruise Port having set a new daily passenger record of 30,598 arrivals last week on March 11, Mr Maura told this newspaper that the projected 2.65m passenger increase above 2019’s pre-Dorian and COVID levels has to be benefiting businesses and their employees who cater to cruise visitors via increased revenues, tips and business volumes.
Asserting that Nassau’s ranking as a cruise destination has also improved in passenger surveys, although further improvement is required, the cruise port chief revealed that 2025 passenger
numbers are projected to increase by almost one million or 15 percent compared to 2024 due to strong demand for this tourism segment.
“In 2024, we did 5.65m passengers,” Mr Maura told Tribune Business. “In earlier discussions with you, I had been sharing we expect to to 6.2m in 2025. That number has increased to 6.5m. Obviously that’s a huge increase [of 4.8 percent]. It’s a lot of people. It’s almost one million more than the prior year.
“The business is strong. Our revenues are climbing from $34m in 2023 to $49m in 2024 and to $78m in 2025. The figure for 2025 is projected.” Voicing optimism that cruise tourism, which accounted for 9.5m or 84.7
‘No
escape’ for Bahamas amid global recession fear
By NEIL HARTNELL Tribune Business Editor
A BAHAMIAN economist yesterday warned “there’s really no escape” for this nation with the global economy “on trajectory” for a recession due to the stock market and trade turmoil sparked by US policies
Rupert Pinder, assistant professor of economics at the University of The Bahamas (UoB), told Tribune Business that a global economic contraction is “a real possibility” due to the uncertainty caused by Donald Trump’s trade and tariff wars with this nation’s status as a small, open and import-dependent economy leaving it especially vulnerable to the fall-out.
Speaking amid rising concern over the up to $1m per port call fee that the US proposes to impose on Chinese-made ships, and the impact this could have on consumer prices, he added that the inflationary
and cost pressures effect for The Bahamas “goes without saying”. But, with major US trading partners such as China and Canada already retaliating to Mr Trump’s tariffs with protectionist levies of their own, and others set to potentially follow, Mr Pinder told this newspaper that such actions - as well as reduced wealth from the resulting stock market turmoil and battered consumer confidence - meant fears of a global economic
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
THE Bahamas’ largest retail shopping mall is demanding $358,532 from the estate of the late Galleria Cinemas’ chief, and ex-deputy DNA leader, to settle an unpaid debt dating from before COVID-19 struck.
The Mall at Marathon, according to legal documents obtained by Tribune Business, is alleging that Chris Mortimer defaulted on repayments due under a $409,674 loan agreement in September 2020 when the pandemic was at its peak and all his cinema and restaurant businesses were closed due to lockdowns and other health-related restrictions.
The mall, in its standard claim, says the monthly repayments never resumed prior to Mr Mortimer’s passing on June 8, 2023, at the age of 2023. As a result, it is now seeking to recover the outstanding debt from the former Galleria,
Outback Steakhouse and Bennigan’s restaurant principal’s estate. Revealing that the debt was secured by a promissory note agreement, signed and executed by both parties, the Mall at Marathon alleged: “The
Minister wanting $290m hospital ‘to
By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net
A CABINET minister says he would like New Providence’s proposed $290m hospital project “to move faster” although talks with the Chinese bank financing it are “moving in a favourable direction”.
Dr Michael Darville, minister of health and wellness, declined to give Tribune Business a timeline for when ground-breaking
for the Perpall Tract facility will likely occur but reaffirmed that The Bahamas has been approved for a “concessional loan”
salient terms of the promissory note are as follows. Mr Mortimer, for value received, unconditionally promised to pay the claimant [the Mall] upon demand the sum of $409,674 together with interest thereon at a rate of Prime plus 2 percent annually.”
It also claims he agreed to repay the loan via monthly repayments of $8,209, which would “be applied initially to interest” and then the principal balance, plus cover legal
move faster’
that will be offered by the China Export-Import Bank. That is the Chinese state-owned institution that also financed Baha Mar’s development.
“We are in the final stages of discussions with the Export-Import Bank of China,” he confirmed to this newspaper. “I’d like it to move faster, but the discussions are progressing favourably. I’d like the discussions to come to an end shortly. I’d like to break ground on the facility and get it started, but I don’t want to talk about
a timeline until the final approval is done. “I do have money in the Budget to start land preparation, which is the responsibility of the Government. I’d like this to come to an end shortly. We are getting favourable results. I’d like to put on record that we are in communication with the China Export-Import Bank, things are moving in a favourable direction and we’d like it to be completed in the short-term
Gov’t signs first utility-scale solar agreement for Nassau
By FAY SIMMONS Tribune Business Reporter jsimmons@tribunemedia.net
THE Government yesterday signed what is expected to be the first of several utility scale solar energy power purchase agreements (PPAs) for New Providence with Madeleine Solar Power.
Prime Minister Philip Davis KC said the deal is “only the beginning” and the project will increase
generation capacity at Bahamas Power & Light’s (BPL) Blue Hills power station.
He added that renewable energy projects will be rolled out on the Family Islands as well, and the integration of renewables into the energy mix will create a new future that “Bahamian families and businesses no longer struggle with keeping the lights on”.
“INTI’s solar project will integrate seamlessly
into the national grid, adding critical capacity right here at Blue Hills power station. Seventy mega watts (MW) of solar power is supported by 35 MW of battery storage. This system is designed to stabilise, sustain and support our growing energy demands,” said Mr Davis. “Of course, our solar expansion is bigger than New Providence. Across our Family Islands, independent power producers are laying the foundation
for a cleaner, more independent energy future. From Abaco to Andros, Eleuthera to Exuma, Long Island to San Salvador, the shift is happening with tailor-made solutions for each island.”
JoBeth Coleby-Davis, minister of energy and transport, said BPL employees will be involved in the project and have the opportunity to gain new knowledge and skills
MICHAEL MAURA
GALLERIA CINEMAS
DR MICHAEL DARVILLE
RUPERT PINDER
LOW-COST CARRIER TO LAUNCH CAROLINAS TO NASSAU ROUTE
A US low-cost airline is making The Bahamas its fourth international destination with the launch of non-stop service between Nassau and Raleigh-Durham on 11 June.
Avelo Airlines, in a statement, said it will fly twice weekly between Lynden Pindling International Airport (LPIA) and the North Carolina destination on Wednesday and Saturday.
“We are excited to welcome this new service from Avelo Airlines,” said
Chester Cooper, deputy prime minister and minister of tourism, investments and aviation. “As a tourism and aviation destination leader, this service further affirms The Bahamas government’s commitment to working closely with airline partners and industry stakeholders to aggressively grow air stopover arrivals throughout the islands of The Bahamas.”
Latia Duncombe, the Ministry of Tourism’s director-general, added:
“Expanding airlift remains a top priority for The Bahamas, and this new route strengthens our access from North Carolina - an important market for our destination.
“Avelo Airlines offers new non-stop service, making it even easier for travellers from RaleighDurham to experience our vibrant culture, world-class hospitality and breathtaking islands. We look forward to welcoming more visitors and creating
Fishing feedback sought on marine protected areas
THE Organisation for Responsible Governance (ORG), in partnership with The Bahamas National Trust (BNT), is seeking input from Family Islands fishermen on the impact of marine protected areas (MPAs).
They and other stakeholders are being invited to take part in focus groups on Eleuthera and Abaco, which are seeking to obtain insights and perspectives on how MPAs impact Family Island livelihoods. ORG, in a statement, said the meetings aim to generate
Bahamian named to key role with global standards body
A SENIOR executive with the Bahamas Bureau of Standards and Quality (BBSQ) has been appointed to a key post with its global watchdog counterpart.
Dr Renae Ferguson-Bufford, BBSQ’s executive director, has been named vicechair of the International Organisation for Standardisation’s (ISO) policy development committee on developing country matters (DEVCO) for the 2025-2026 term. Her appointment was confirmed during the 44th Chair’s Advisory Group (CAG) meeting in Geneva, Switzerland. BBSQ, in a statement, said this role positions The Bahamas at the forefront of global standardisation efforts, strengthening the country’s ability to shape policies that drive economic growth, facilitate trade, and consumer protection in developing countries.
DEVCO helps developing nations by identifying their standardisation needs, recommending technical assistance and shaping ISO’s strategic policies. As vicechair, Dr Ferguson-Bufford will work closely with global leaders to ensure international
standards drive sustainable development and economic progress.
a productive dialogue that ensures conservation efforts both effective and equitable.
In Eleuthera, the focus group will be held on April 1-2, 2025, from 6pm to 7:30 pm at Tarpum Bay Primary School. In Abaco, the sessions will be held on April
DR RENAE FERGUSONBUFFORD
“This appointment is an incredible honour and a significant milestone for The Bahamas and the wider Caribbean,” said Dr Ferguson-Bufford. “Through DEVCO, we will continue to champion the needs of developing countries, ensuring that international standards support inclusive growth, trade and innovation. I look forward to working collaboratively with ISO members to advance these critical initiatives.”
Dr Ferguson-Bufford has been an active member of the Chair’s Advisory Group since 2023, and was previously elected as the first Caribbean woman to serve on the ISO Board of Directors.
unforgettable Bahamian experiences.”
Avelo Airlines, headquartered in Houston, Texas, began servicing Raleigh-Durham in 2022 with expansion into the Caribbean taking place in February 2024. For the past two years, travelers in the Raleigh-Durhanm area have relied on Bahamasair’s non-stop service to Freeport, which then continued to Nassau, playing a key role in strengthening travel demand from the region.
7-8, 2025, from 6pm to 7.30 pm at J. A. Pinder All Age School in Sandy Point.
“This focus group is about collaboration,” said Ariannah Wells, ORG’s outreach manager. “We recognise that local fishers are the stewards of the ocean. Their first-hand knowledge of marine ecosystems and the challenges they face must be central to discussions on marine protection. This is an opportunity for the community to share their perspectives.”
Marine protected areas are critical to maintaining biodiversity, sustaining fish stocks, and ensuring the long-term health of The Bahamas’ marine resources. However, their implementation must be done in a way that considers the realities of those who depend on the sea for their livelihood.
By facilitating open discussions, ORG and the Bahamas National Trust said they hope to identify strategies that benefit both conservation efforts and the
GOV’T SIGNS FIRST UTILITY-SCALE SOLAR AGREEMENT FOR NASSAU
FROM PAGE B1
through training and development. She said the PPA also includes key performance indicators (KPIs), penalties for non-performance and provisions that
will lock in rates, protecting Bahamian businesses from sharp increases.
local economy. The focus group is part of ORG’s broader commitment to strengthen public participation in policy decisions, particularly in areas where governance intersects with economic and environmental sustainability.
ORG said it encourages all interested fishermen, community leaders and residents to attend and participate in this important dialogue.
“They have key performance indicators. The KPIs will advise, based on our agreed approach, what standards they should perform at. There’s minimum requirement in terms of the power we should be receiving to the grid from the renewables, and just operating and technical performance requirements,” said Mrs Coleby-Davis.
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Montague Sterling Centre, East Bay Street P.O. Box N-3924 Nassau, Te Bahamas
“Those standards will be tied to penalties that will trigger if they fall below the standards that have been agreed by our technical team, so that was worked on through their technical team and our teams at BPL to make sure it’s within the standard and the minimum requirements to generate the renewable portion of the power that would be needed for us.”
Mrs Coleby-Davis explained that independent power producers (IPPs) are contracted for 15 years and will build the solar farm and assist with training BPL employees.
“I think that the IPPs are contracted for about 15 years. It’s build, own, operate, transfer. So they’re going to build the facilities,” she added. “They’re going to assist with training BPL teams to operate in the renewable field. It’s going to be new for BPL, so we’re excited about them getting that training, and then at the end of that period that they serve as independent power producers, it’ll be transferred to BPL.”
Mrs Coleby-Davis said while there may be some uncertainty about the future of renewable energy globally, the Government is committed to “transforming” the energy sector and integrating renewable energy .
“Now is not lost on me, as the signing of this PPA comes at a coming of uncertainty in the energy space, with concerns about the global commitment to reduce carbon emissions and expand the use of renewable energy in doubt,” said Mrs Coleby-Davis.
“However, we in the Davis administration must remain focused on transforming our energy sector for all Bahamians. We cannot - and we will notallow ourselves to become distracted or caught up in the global political discussion. For us, the welfare of the Bahamian people takes precedence.”
Avelo’s new Nassau route builds on that foundation, offering even greater access to The Bahamas. Since its
inception in April 2021, Avelo has flown more than
CHESTER COOPER LATIA DUNCOMBE
JOBETH COLEBY-DAVIS
BAHAMAS TAKING STEP TO FINANCIAL SERVICES GROWTH
THE Society of Trust and Estate Practitioners (STEP) Bahamas branch discussed emerging trends, regulatory developments and financial services innovations during its annual conference last week.
Theo Burrows, the STEP Bahamas conference chair, said: “This conference represents an invaluable opportunity for professionals to exchange insights, strengthen international networks and explore the latest advancements in trust and estate practices.
The calibre of speakers and attendees reaffirms
The Bahamas’ position as a leading global financial centre.”
Brandace B. Duncanson, director of financial services at the Ministry of Economic Affair, called upon attendees to “reimagine what financial services can be”.
She said: “Constant evolution and adaptation will be
key as we respond to the rapidly changing world.
“As I speak, geopolitical alliances are morphing, technological advances are being rolled out and new rules are being drawn up. These changes have major implications for trust and estate practice, investment, wealth management and financial services at large. How will we stay ahead of the curve when it comes to offering diverse, innovative products that meet increasingly complex client needs?”
The John Lawrence Trailblazer Award was presented to Antoinette Russell, founder and chief executive of Maran Global Solutions. It recognised her contributions to the financial services industry over the past three decades. She was the first female managing director of an international trust company owned by a global institution.
‘NO ESCAPE’ FOR BAHAMAS AMID GLOBAL RECESSION FEAR
slowdown and contraction are justified.
“I think that, on the trajectory we are on, I think it’s a real possibility of a global recession,” he warned. “It’s a real possibility, and that’s an assumption based on the trajectory we are on. Tomorrow, we might wake up, things change and the markets will respond differently, but I think we are on pace. The countries who are major US trading partners are responding.
“For a smaller country like ours, we have no alternative. We cannot talk about alternative markets when everything is intertwined. Everything is connected, everything is connected. There’s really no escape. With this much uncertainty, if you are a business person right now faced with supply shocks, in terms of investing money you hold back in terms of investing and expansion.
“Given all this uncertainty on the global markets, this is not the conditions conducive to investment spending. There’s too much by way of uncertainty.” And, if companies pull back on expansion-related investment, job creation will also suffer
Meanwhile Rupert Roberts, Super Value’s owner, told Tribune Business that the proposed US fee on Chinese-made ships calling at US ports would result in “freight costs being higher than the actual cost of the goods” being shipped to The Bahamas and the Caribbean.
He disclosed that Tropical Shipping, one of the major freight carriers servicing The Bahamas, had interpreted the proposal from the US Trade Representative’s Office as meaning that up to a $1m fee could be levied on all Chinese-made ships every time they call at a US port. Most of the vessels servicing The Bahamas and the Caribbean in a freight capacity are made in China.
However, as reported by Tribune Business, the US National Law Review has reported that the fees would only apply to - and be determined - by the number of “proposed” new vessels that a non-Chinese carrier such as Tropical Shipping has on order or are being built at Chinese shipyards. This seemed to imply that existing Chinese-made vessels already operating may not be caught by the fee net.
Instead, the National Law Review said the proposed fee structure is a sliding
“It is with gratitude and humility that I stand before you today to accept the John Lawrence Trailblazer Award,” said Ms Russell. “For me, this moment is not just a personal milestone but a reflection of the many hands, hearts and mindset that have shaped my journey.
“I am extremely humbled and honoured to receive this recognition, and extend my heartfelt thanks to STEP Bahamas and each of you for your support, encouragement and belief
scale based on how many “proposed” new-build vessels or orders a carrier has with China.
The $1m per US port call fee will only be applied to carriers where 50 percent or more of their “prospective” Chinese ships will be delivered within the following 24 months. This fee drops to either $750,000 or $500,000 per call if the percentage is less. There is, though, a requirement that US-made goods be exported on USmade vessels.
But, while existing Chinese-made vessels serving The Bahamas and wider Caribbean may not attract the fee, the US National Law Review also warned that a draft ‘executive order’ - needing only Donald Trump’s signature to take effect - is separately proposing to levy tonnage-based fees on Chinese-made vessels entering US ports although no details or mechanism for how this will work are known.
“That’s the way it should be, but the shipping companies are not taking it that way,” Mr Roberts told this newspaper of the suggestion that the US fee would only apply to, and be determined by, new Chinese-made vessels. “They’re not taking any chances. They’re flying to Washington to get what they think it says rescinded.
“That would wipe out Tropical Shipping. It would wipe out most of the shipping around The Bahamas, and wipe out The Bahamas.
in the power of genuine authentic service and leadership excellence.”
Ms Russell called on conference attendees to recognise that all experiences, even the most challenging, carry a lesson. “What if, instead of seeing tough times as barriers, we saw them as blueprints? What if every mistake, every detour, every ‘no’ or resistance we received was a lesson shaping us for something greater? that has been my approach and motivation,” she added.
Then the freight would cost more than the goods. That can’t happen. If it’s the way we took it to read first, then it’s really devastating if it’s not changed. It has to be changed. We cannot say it’s not changed.
“If it’s not changed, we should appeal to the US congress and courts. The Prime Minister should appeal to the US State Department and Mr Trump personally. If it’s the way we thought it was it’s beyond serious. The way I estimate it, it’s at least 25 percent [inflationary increase] because everything, most of our goods, come from the US,” the Super Value chief continued.
“We probably have Tropical three times a week; 15 containers three times a week. That’s fruit and vegetables, meats and dairy and our groceries. Of course, a lot of stuff comes from other parts of the world, but some of them are shipped on Tropical. Like I predicted, it would be a 25 percent increase in inflation.”
2024/CLE/QUI/01080
The STEP Bahamas Conference 2025 also featured panel discussions and presentations on critical topics including a legal and regulatory outlook led by Senator Ryan Pinder KC, the attorney general, who addressed the latest regulatory developments and their impact on trust structures.
A panel celebrating the contributions of women leaders in the financial services industry was featured along with the implications of global political shifts on estate planning.
Mr Roberts, though, voiced optimism that the US is not deliberately seeking to “wipe out the Caribbean”. He added that economic sense was likely to prevail, given that the proposed fee would likely also devastate the multi-billion dollar annual trade that US export industries enjoy with the region.
Tropical Shipping last week warned customers in this nation and elsewhere that the plan put forward by the US Trade Representative’s office would have “a far-reaching financial impact” on import-dependent Caribbean nations with ocean freight rates likely to increase by “thousands of dollars per TEU” or twenty-foot equivalent unit container.
The proposal, which is currently undergoing public consultation in the US, is already experiencing strong opposition and headwinds from American exporters, shipping companies and port operators due to the perceived harmful impact it will have on their costs,
Page 1 of 3
John Lawrence, chief executive of the Windermere Group, for whom the prestigious Trailblazer Award is named, said: “We always look forward to welcoming industry leaders from across the globe to The Bahamas. This conference not only provides valuable knowledge-sharing opportunities but also reinforces our country’s reputation as a jurisdiction of choice for wealth management.”
staffing levels and business they do with The Bahamas and other regions. The feedback period, along with a public hearing, ends on March 24, 2025 in just one week’s time. The US National Law Review, while acknowledging that the wide-ranging push back means the US Trade Representative Office’s will have challenges developing something workable, and could drop the scheme altogether, warned against writing-off the Trump administration given how fast it moves.
The process requires that any proposed rule involving the imposition of port call fees on Chinese-made ships be finalised by April 17, 2025, with implementation potentially following as swiftly as 30 days later in mid-May. Tropical Shipping is sounding the alarm because most of the vessels serving the Caribbean region are Chinese-made and would thus be subject to the new fees.
2025-03-14
COMMONWEALTH OF THE BAHAMAS 2024/CLE/qui/1080
IN THE SUPREME COURT Common Law and Equity Division
IN THE MATTER OF THE QUIETING TITLES ACT, 1959, CHAPTER 393 OF THE STATUTE LAWS OF THE COMMONWEALTH OF THE BAHAMAS AND
IN THE MATTER of the Petition of Philippa Adena Knowles (as Personal Representative of the Estate of Yvonne Valencia Moxey a.k.a. Yvonne Valencia Lightbourne) AND
IN THE MATTER OF ALL THAT piece, parcel or lots of land comprising Lot nos. 14 and 15 in Block No. 22 in the subdivision known and referred to as Nassau Village on the island of New Providence, one of the islands in the Commonwealth of The Bahamas and which said piece, parcel or lots of land are shown on the plan attached1 hereto and thereon colored Pink (“the Property”).
NOTICE OF QUIETING APPLICATION
TAKE NOTICE THAT Philippa Adena Knowles (as Personal Representative of the Estate of Yvonne Valencia Moxey a.k.a. Yvonne Valencia Lightbourne) of #6 Sea Fan Drive, Sea Breeze in the Eastern District of the island of New Providence claims to be the owner of the fee simple estate in possession of the tract of land hereinbefore described free from encumbrances.
AND the Petitioner has made application to the Supreme Court of the Commonwealth of the Bahamas under Section 3 of The Quieting Titles Act, 1959 to have his title to the said tract of land investigated and the nature and extent thereof determined and declared in a Certificate of Title to be granted by the Court in accordance with the provisions of the said Act.
NOTICE IS HEREBY GIVEN that any person(s) having Dower or a Right to Dower or an Adverse Claim or a claim not recognized in the Petition which was filed in the Registry of the Supreme Court on 25th November, 2024, shall, on or before Monday, 21st Attached to the Plan filed on 25th November, 2024
April, 2025, file in the Supreme Court and serve on the Petitioner’s attorneys at the address below, a statement of his claim in the prescribed form verified by an Affidavit to be filed therewith. Failure of any such person to file and serve a statement of his claim on or before Monday, 21st April, 2025 will operate as a bar to such claim.
A copy of the Plan was filed in the Supreme Court on 25th November, 202 and may be inspected at the Registry of the Supreme Court situate at the Ground Floor of the British American Building, Marlborough Street (Annex), Nassau, The Bahamas or at the office of the Petitioner’s
L to R: Ryan Pinder KC, attorney general; Theo Burrows, STEP Bahamas chairman and conference chairman; Michael Halkitis, minister of economic affairs; Antoinette Russell, founder and chief executive of Maran Global Solutions and 2025 Trailblazer Award recipient; John Lawrence, founder and chief executive of Windermere Group; Brandace Duncanson, director of financial services of the Ministry of Economic Affairs; Bruno Roberts, chairman of the Association of International Banks and Trust Companies (AIBT).
Cruise port projects 59% revenue surge to $78m
FROM PAGE B1
percent of The Bahamas’ total tourism arrivals in 2024, is shrugging off the uncertainty sparked by Donald Trump’s trade and tariff policies, he added that Nassau Cruise Port is investing in further upgrades.
“We continue to work closely with Royal Caribbean as far as their project on Paradise Island, and the investment we will be making to facilitate the transfer of passengers over to Paradise Island,” Mr Maura told this newspaper.
“We are also about to break ground on an improved transportation system that will be part of the ground transportation area we have at Nassau Cruise Port.
“It will be able to efficiently handle the material increase in visitor traffic and people wanting to get a taxi or tour bus and get around New Providence. We’re not only moving people by water to go to Rose Island, Blue Lagoon or other areas around Nassau.”
As for aiding Royal Caribbean with moving up to 2,700-2,800 passengers a day between the cruise port and its Royal Beach Club project, Mr Maura added: “To go across to Paradise Island, we’re building a ferry terminal that will sit adjacent to the existing ferry terminal that supports water trips around New Providence to other destinations.
“On the land side, we expect to facilitate more tourists that wish to get in or on to a tour by bus. So we will be able to process additional buses that will be able to take people around New Providence. We expect to see an increase in taxi traffic. We’re making improvements to the ground transportation that sits along Woodes Rogers Walk. It’s about taking our facility and changing he traffic flows so we move more people through the space.
“We’ll invest what will probably come to about $2m,” the Nassau Cruise Port chief executive continued. “It’s not a lot of
money. We’re essentially enhancing our facility. It’s not as if we’re building a new pier and so forth. The investment is about safety and managing passenger flows.
“We can do it very easily. We’ve got engineers working on it. We’re moving forward. We’re excited about the opportunities that lie in front of us. The business is very strong and we’re very fortunate. Nassau is the busiest transit port in the world. Back on March 11 we had 30,598 passengers, which was a record, and that was a lot of people.
“Those people are most certainly getting into taxis, tour buses, walking through our downtown, going out to Junkanoo Beach, getting on water ferries and taxis to Blue Lagoon, Rose Island and Atlantis. They’re enjoying as much of Nassau and Paradise Island as they can in the time available.”
Mr Maura, pointing out that Nassau has improved on cruise passenger satisfaction surveys to the point where it is mid-ranked
among all Caribbean destinations, as opposed to near-bottom, said: “Our passenger rankings are improving. The fact we have more for people to do and see. It’s considerable.
“Years back, Nassau ranked close to bottom in these passenger surveys. We still have improvements that are coming, but right now we are about midway. We are continuing to work, to refine our product, improve as to service and creating more exciting things for folks to do. We have all these people at our front door. Let’s encourage them to walk around and enjoy.”
Pointing out that Nassau’s 2025 cruise passenger volumes are forecast to be some 2.65m higher than the 3.85m arrivals in 2019, the last pre-Dorian and preCOVID year, Mr Maura said much of this growth has been driven by the additional piers and berths added at the cruise port as part of its $320m-plus overhaul and redevelopment.
Cruise tourism has largely been viewed as a
Minister wanting $290m hospital ‘to move faster’
so we can get on with breaking ground and starting this facility for New Providence.”
Dr Darville told Tribune Business last May that the Government was then aiming to “break ground” on New Providence’s new $290m hospital by September 2024 - a deadline that was missed - as the project had already been approved for “concessionary financing” from the Chinese state-owned bank.
He pledged to Tribune Business that the 50-acre facility to be constructed in the Perpall Tract area will be “a Bahamian hospital” after the China ExportImport Bank agreed to fully fund it via a 20-year loan with an interest rate set at just 2 percent.
Acknowledging that a Chinese company will be the lead contractor, and that Chinese labour always follows where Beijing’s capital goes, he nevertheless promised that the Government will seek to ensure Bahamians “get the best end of the stick” and that local workers outnumber their foreign counterparts on the project.
Dr Darville affirmed then that the necessary feasibility and environmental studies have shown the planned hospital location, situated by the traffic light on the road between the ‘six-legged’ JFK Drive roundabout and Saunders Beach roundabout, is the best and most suitable location capable of “holding a multi-storey structure the size of Baha Mar”.
Acknowledging the “political” sensitivities of accepting financing from a
Chinese-government owned bank, the minister said The Bahamas had reached out to the US equivalent - the Export-Import Bank of the US - and other governmentowned development banks and multilateral institutions but there was little to no “appetite” by others to take the hospital project.
He pointed out that multiple other Caribbean nations, such as Barbados, Trinidad and Guyana, were already exploiting low-cost Chinese loans to finance major healthcare and other infrastructure projects throughout the region so The Bahamas’ decision has not been taken in isolation.
“Everything is coming together very nicely and is actually moving quite rapidly,” Dr Darville told Tribune Business. “First, it was trying to find financing and completion of the
and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 11th day of March, 2025 to the Minister responsible for nationality
Notice NOTICE
Pursuant to the provisions of the International Business Companies Act, (No. 45 of 2000 Section 138.) NOTICE is hereby given that PANORAMA FUND LDC has been fully dissolved and has been struck from Register with efect from 16th December 2024.
feasibility studies and the Environmental Impact Assessment (EIA), and going out to market to try and find resources.
“We got approved for the Chinese Concessional Funding Facility probably about a month ago. There is this Chinese concessional loan in the Caribbean where many Caribbean countries are trying to get funding for capital works projects.”
Dr Darville reiterated that the Government had initially gone “out to the markets” in a bid to finance the new hospital via a public-private partnership (PPP) model, where private investors would help to raise the necessary capital and provide expertise to construct the facility, but it was unable to access funding at reasonable interest rates/debt servicing costs.
‘numbers’ or mass market/ volume business for The Bahamas, and some observers believe the explosive growth this segment has enjoyed since COVID - as well as the ever-increasing expansion and investments by the lines in their private islands - is actually working to this nation’s detriment by luring away visitors from becoming higher-spending stopover visitors. Land-based tourists typically spend 28 times’ more in the destination than their cruise counterparts.
Mr Maura, though, said the extent of the jump in cruise passenger arrivals had to be benefiting Bahamian businesses catering to this tourism segment through the growth in sheer numbers.
“I don’t know if this is the right way to describe it,” he told Tribune Business, “but I think it would be logical to assume, if you will, particularly over the last two years, we’ve added two million more people in 2025 than we had in 2023.
“If you put two million more people in Nassau, the
As a result, The Bahamas switched to seeking financing on a “countryby-country” basis, and Beijing - via the China Export-Import Bank - has proven accommodating.
“The Chinese agreed for concessional funding of just under $290m at 2 percent for a 20-year period,” Dr Darville said.
“We did the feasibility study and the EIA, but didn’t want to move on anything until we had a pretty good idea of where the funding was coming from. Now this has come to the forefront, myself, the Ministry of Works and the Ministry of the Environment and Natural Resources are now in a good position to choose the site and also to speak to residents in close proximity to get their input.”
Dr Darville also previously confirmed that 14 acres out of the total 50 are being obtained from Sir Franklyn Wilson and
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and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 11th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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number of retail and food and beverage outlets has not been able to grow as fast as passenger volumes have grown. I think it would be logical to assume that those businesses that understand the cruise market would have seen their revenues increase from those extra two million people.”
Mr Maura added that, despite the global economic uncertainty, Global Ports Holding “didn’t hesitate for a moment. We’re looking at additional expansion and investment. I’m not talking about Nassau; I’m talking about around the Americas. We have projects that we are about to break ground on, we have projects we have broken ground on, Antigua and St Lucia, and we have a major investment in San Juan, which is US territory”.
As for Mr Trump’s impact, he said: “I think everybody is adapting to the new world.”
his companies. “We had a negotiation ongoing with him,” Dr Darville said then of talks with the Arawak Homes chair.
“He has agreed in principle that he would allow us to continue the project. Our job is to now finalise the equity: A payment or a land swap. We negotiated that this was the best way to go. He has agreed in principle, and conceded, to allow the project to go forward pending us giving him compensation.”
The new hospital’s total projected cost, $289.399m, was revealed for the first time in documents accompanying the 2023-2024 Budget. Some $2m, and $8m, of that sum was due to be spent on “preparatory works” during the 20232024 and 2024-2025 fiscal years, respectively, with construction projected to ramp up in 2025-2026 with an $160m outlay.
The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147,
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NOTICE is hereby given that LUXENE JEAN BAPTISTE of Chips End Close, New Providence, The Bahamas applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
Pursuant to the provisions of the
Mall at Marathon wants $358k from ex-Galleria chief’s estate
costs and expenses if the Mall at Marathon was forced to resort to the Supreme Court to recover its monies.
“In breach of the promissory note, Mr Mortimer failed to make [repayments] from September 2020 and, as at the date of issuance of these proceedings, the sum of $358,532 remains due and owing,” the Mall at Marathon alleged in a claim that was first filed almost a year ago on March 22, 2024.
“Despite demand for payment by letters dated December 14, 2021; February 7, 2022; and October 12, 2022, the defendant [Mr Mortimer and now his estate] has failed to pay the amounts outstanding. As a result of the defendant’s breach of the promissory note, the claimant has suffered loss and damage.”
The legal claim as signed by one of the Mall at Marathon’s directors, Jerome Pyfrom.
In addition to recovering its loan principal, the Mall at Marathon is also seeking interest on this sum at the same rate charged to Mr Mortimer - Bahamian Prime plus 2 percent - until a judgment is rendered, and further interest until it receives “payment in full”.
No explanation or reason was given for granting the loan in the legal documents seen by this newspaper.
Mr Mortimer and his businesses would have been Mall at Marathon tenants, but Galleria Cinemas ceased operating and shut down in around March/ April 2022 as The Bahamas and world economy started
to emerge from COVID-19 restrictions.
However, the Mall at Marathon has made little progress in advancing its claim. Teresa Roberts, its assistant general manager, in a September 16, 2024, affidavit attributed this to the fact that the late Mr Mortimer’s estate “has not been lodged for probate in the Supreme Court of The Bahamas.
“Therefore, no personal representative has been appointed to lawfully act on behalf the estate,” she alleged. “On September 19, 2023, the Mall filed a caveat against the estate in order to direct the personal representative, once named or appointed, to the Mall’s counsel so that arrangements may be made for the settlement of the outstanding debt from the estate’s assets.
“The Mall then commenced these proceedings against the estate on 22 March, 2024, in anticipation of the estate being imminently lodged for probate thereby appointing a personal representative. On 15 July, 2024, the Mall filed another caveat against the estate on the basis that
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the earlier one had already expired....
“I am advised by counsel for the Mall, and I verily believe, that until the court has appointed a party to represent the estate, the Mall is unable to take any step in these proceedings other than making application to have such person appointed to represent the estate.’
The Supreme Court, on November 14, 2024, ordered that Mr Mortimer’s wife, Monika Badillo-Mortimer, be appointed as the person to represent her late husband’s estate in the legal battle with the Mall at Marathon. However, the latter has struggled to locate and effect service of the necessary legal documents on her, forcing it to this week do this via an advertisement published in the newspapers.
Mr Mortimer appears to have left numerous unfinished business affairs, alleged debts and legal wrangles in his wake following his passing. Apart from the Mall at Marathon’s claim, the Red Lobster franchise venture he launched as The Bahamas’ first-ever crowd-funded enterprise appears to have made little to no progress.
And Tribune Business reported last year how his companies failed to have Bank of The Bahamas’ demand for repayment of a $1.5m loan thrown out by the Supreme Court.
Justice Neil Brathwaite, in an August 20, 2024, verdict dismissed their claims that the BISX-listed lender plunged the group into financial turmoil by “unlawfully withholding” as collateral a 50 percent
ownership interest in Mr Mortimer’s restaurant business.
Bank of The Bahamas, which is more than 82 percent owned by the Government via the Public Treasury and National Insurance Board (NIB), had initiated legal action against Mr Mortimer and his companies to recover the $1.5m advance on November 20, 2020.
The loan, made to Galleria Cinemas before it closed its doors in April 2022, was guaranteed by Mr Mortimer personally and his other companies, Island Bloom Restaurant and Grand Bahama Theatres. Research showed Island Bloom is the holding entity for the Outback Steakhouse restaurant, which was also located at the Mall at Marathon.
However, prior to his passing and Galleria’s shutdown, the former DNA deputy leader and his companies invoked the Supreme Court’s then-rules to argue that Bank of The Bahamas’ action should be struck out on the grounds it “discloses no reasonable cause of action, is scandalous, frivolous or vexatious” and represented an abuse of process. Alternatively, they asked that the case continue by different means.
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Mr Mortimer, in an affidavit setting out his case, confirmed he was the beneficial owner and president and director of all three companies. He added that Bank of The Bahamas was familiar with his practice of using the revenues, assets and earnings of all three companies to help support and repay loans taken out by one entity individually. And, apart from the Bank of The Bahamas dispute, Mr Mortimer and his Casual Dining Restaurants Ltd were last month also ordered by the Supreme Court to pay the local Bennigan’s master franchisee
$126,539 in unpaid royalty fees together with 4 percent interest covering a sevenyear period to end-April 2020. Sir Ian Winder, the chief justice, in his original verdict branded the restaurant venture as “an abject failure” and “a bust”. Mr Mortimer, in “unchallenged evidence”, said he personally carried the loss-making Bennigan’s restaurant from inception only because terminating so many employees could have damaged his political ambitions as then-DNA deputy leader.
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Pursuant to the provisions of the International Business Companies Act, (No. 45 of 2000 Section 138.) NOTICE is hereby given that FITPART STELLAR FUND LTD has been fully dissolved and has been struck from Register with efect from 16th December 2024.
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TikTok becomes a tool of choice in cat-and-mouse game between migrant smugglers and authorities
By MEGAN JANETSKY Associated Press
THE videos roll through TikTok in 30-second flashes.
Migrants trek in camouflage through dry desert terrain. Dune buggies roar up to the United StatesMexico border barrier. Families with young children pass through gaps in the wall. Helicopters, planes, yachts, tunnels and Jet Skis stand by for potential customers.
Laced with emojis, the videos posted by smugglers offer a simple promise: If you don’t have a visa in the U.S., trust us. We’ll get you over safely.
At a time when legal pathways to the U.S. have been slashed and criminal groups are raking in money from migrant smuggling, social media apps like TikTok have become an essential tool for smugglers and migrants alike. The videos — taken to cartoonish extremes — offer a rare look inside a long elusive industry and the narratives used by trafficking networks to fuel migration north.
“With God’s help, we’re going to continue working to fulfill the dreams of foreigners. Safe travels without robbing our people,” wrote one enterprising smuggler.
As U.S. President Donald Trump begins to
ramp up a crackdown at the border and migration levels to the U.S. dip, smugglers say new technologies allow networks to be more agile in the face of challenges, and expand their reach to new customers — a far cry from the old days when each village had its trusted smuggler.
“In this line of work, you have to switch tactics,” said a woman named Soary, part of a smuggling network bringing migrants from Ciudad Juarez to El Paso, Texas, who spoke to The Associated Press on the condition that her last name wouldn’t be shared out of concern that authorities would track her down.
“TikTok goes all over the world.”
Soary, 24, began working in smuggling when she was 19, living in El Paso, where she was approached by a friend about a job. She would use her truck to pick up migrants who had recently jumped the border.
Despite the risks involved with working with trafficking organizations, she said that it earned her more as a single mother than her previous job putting in hair extensions.
As she gained more contacts on both sides of the border, she began connecting people from across the Americas with a network of smugglers to sneak them
NOTICE
NOTICE is hereby given that FEDLEN FRANÇOIS of Pineyard Road, New Providence, Bahamas applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
across borders and eventually into the U.S.
Like many smugglers, she would take videos of migrants speaking to the camera after crossing the border to send over WhatsApp as evidence to loved ones that her clients had reached their destination safely. Now she posts those clips to TikTok.
TikTok says the platform strictly prohibits human smuggling and reports such content to law enforcement. The use of social media to facilitate migration took off around 2017 and 2018, when activists built huge WhatsApp groups to coordinate the first major migrant caravans traveling from Central America to the U.S., according to Guadalupe Correa-Cabrera, a professor at George Mason
University focused on the migrant smuggling industry. Later, smugglers began to infiltrate those chats and use the choice social media app of the day, expanding to Facebook and Instagram.
Migrants, too, began to document their often perilous voyages north, posting videos trekking through the jungles of the Darien Gap dividing Colombia and Panama, and after being released by extorting cartels.
A 2023 study by the United Nations reported that 64% of the migrants that they interviewed had access to a smartphone and the internet during their migration to the U.S.
Around the time of the study’s release, as use of the app began to soar, CorreaCabrera said that she began
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NOTICE is hereby given that SHIRLEY SEVERE of Honeycomb Street, Hay Street Road Nassau, The Bahamas, applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/ naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
A DEPICTION of a smuggler videoing migrants walking through the desert for later posting on social media based on hundreds of TikTok videos reviewed by the AP.
to see smuggling ads skyrocket on TikTok.
“It’s a marketing strategy,” Correa-Cabrera said. “Everyone was on TikTok, particularly after the pandemic, and then it began to multiply.”
Last year, Soary, the smuggler, said that she began to publish videos of migrants and families in the U.S. with their faces covered and photos of the U.S.-Mexico border with messages like: “We’ll pass you through Ciudad Juárez, no matter where you are. Fence jumping, treks and by tunnel. Adults, children and the elderly.”
Hundreds of videos examined by the AP feature thick wads of cash, people crossing through the border fence by night, helicopters and airplanes supposedly used by human smugglers known as coyotes, smugglers cutting open cacti in the desert for migrants to drink from and even crops of lettuce with text reading “The American fields are ready!”
Illustration:Peter Hamlin/AP
The videos are often layered over heavy northern Mexican music with lyrics waxing romantically about being traffickers. Videos are published by accounts with names alluding to “safe crossing,” “USA destinations,” “fulfilling dreams” or “polleros,” as smugglers are often called. Narratives shift based on the political environment and immigration policies in the U.S. During the Biden administration, posts would advertise getting migrants access to asylum applications through the administration’s CBP One app, which Trump ended. Amid Trump’s crackdown, posts have shifted to dispelling fears that migrants will be captured, promising American authorities have been paid off. Smugglers openly taunt U.S. authorities: one shows himself smoking what appears to be marijuana right in front of the border wall; another even takes a jab at Trump, referring to the president as a “highstrung gringo.” Comments are dotted with emojis of flags and baby chickens, a symbol meaning migrant among smugglers, and other users asking for prices and more information.
Cristina, who migrated because she struggled to make ends meet in the Mexican state of Zacatecas, was among those scrolling in December after the person she had hired to smuggle her to the U.S. abandoned her and her partner in Ciudad Juárez.
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INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, MARVIN LEE FRANCIS, of 449 Mandeville Road, Hudson Estate, Grand Bahama, intend to change my name to MARVIN LEE JOHNSON If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Offcer, P.O.Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of publication of this notice.
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INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, JESSICA MONALISA FERGUSON, of Misty Gardens, Nassau, Bahamas, intend to change my name to JESSICA KELLY FERGUSON If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Offcer, P.O.Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of publication of this notice.
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INTENT TO CHANGE NAME BY DEED POLL
The Public is hereby advised that I, ISSA AYUBU KARAMO, of #1555 California Street, #412 Denver Co 80202 intend to change my name to ISSA KARAMO ISRAEL If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Offcer, P.O.Box N-742, Nassau, The Bahamas no later than thirty (30) days after the date of publication of this notice.
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NOTICE is hereby given that VERLINE PARIS West Street, New Providence, The Bahamas applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.
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NOTICE is hereby given that LLEWELYN HERBERT SEYMOUR of #33 Shackelton Lane, Freeport, Grand Bahama, The Bahamas, applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 18th day of March, 2025 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.