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Advertorial: Coastal Loss Adjusters Expands Global Presence with New Office in Nassau, Bahamas

Nassau, Bahamas – Coastal Loss Adjusters, a leading provider of public insurance claims adjusting services for policyholders, is excited to announce the opening of its newest office in Nassau, Bahamas. This strategic expansion is a testament to the company's commitment to serving clients worldwide and enhancing its presence in the Caribbean.

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Bahamas cloud provider in Latin American expansion

A Bahamas-based cloud services provider yesterday said its planned Latin American expansion is just two years away.

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$500m GB shipyard will be world’s largest, says Moxey

GRAND Bahama Minister Ginger Moxey said a $500m investment in the Grand Bahama Shipyard would make it the world’s largest shipyard facility.

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In solidarity

We write to state our solidarity with our small community (Gambier Heights and Tropical Gardens) in its contest of the proposed expansion of A Stone’s Throw Away development which will incur a rezoning of our quiet residential space to commercial.

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Aviation chief hails sector’s positive ‘industrial climate’

THE Government’s aviation director yesterday hailed the positive “industrial climate” with trade unions in the sector.

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Aviation operators support ‘serious overhaul’ for LPIA

The Bahamas’ top aviation gateway urgently needs “a serious overhaul” of key airside and terminal infrastructure to keep pace with increased flight traffic and tourism, industry operators said yesterday.

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Committee putting together a ‘comprehensive plan’ to deal with shanty towns, says Sears

WORKS and Utilities Minister Alfred Sears said the government’s plan to remove shanty town communities would be costly and that a comprehensive plan to demolish structures would be unveiled soon.

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Advertorial: Aggreko expands presence in the Bahamas establishing a local entity and appoints seasoned businessman Jeffrey Beckles as Local Director

Nassau, Bahamas, October 9, 2023 - Aggreko, a global leader in providing flexible energy solutions, is proud to announce its expansion into the Bahamas, by establishing a new local entity in the region. This significant move underscores Aggreko's commitment to powering progress in the Caribbean and increasing its capability to deliver long-term efficient, reliable, and sustainable (including renewable sources) energy solutions.

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'Giant boost' as $600m transformational project launched at Grand Bahama Shipyard

A $600m transformational project, which will include two of the largest dry docks in the world, was launched at the Grand Bahama Shipyard on Friday, and was said to be a “giant boost” to the island’s economy, tourism and employment.

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Reserves stay ‘buoyant’ though growth reduced

The Central Bank yesterday said The Bahamas’ external reserves are set to remain “buoyant” in 2023 although June’s growth is $44.4m short of 2022’s expansion.

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National School Breakfast pilot programme to be expanded to reach additional 2300 students

THE Office of the Prime Minister said yesterday it would expand the National School Breakfast Pilot Programme to reach an additional 2,300 students, “offering them a healthy start to their day with a free warm breakfast”.

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Two year wait for MSC deal

The obviously rushed for PR effect HOA with MSC for further expansion at their treasure island Ocean Cay raises a critical question … declared that the proposal for the $100m development was pending more than two years! By the way Ocean Cay has nothing to do with Bimini or West End.

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Doctor’s PI expansion tied to Royal Caribbean

A Bahamian doctor yesterday revealed he aims to capitalise on Royal Caribbean's beach club by expanding to Paradise Island with his third footwear store when that project opens in 2025.

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Expanded heads of agreement signed for Ocean Cay

THE Davis administration has signed an expanded Ocean Cay heads of agreement with MSC Cruises that incorporates a new marine conservation centre, renewable energy and facility upgrades.

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Oil waste facility opens in GB

THE Clean Marine Group (CMG) has opened its MARPOL Port Reception Facility in Grand Bahama.

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Insurer 'pauses' expansion on EU blacklisting fall-out

A Bahamian insurer yesterday said it has been forced to "pause'" further Caribbean expansion ambitions, adding: "We cannot stress enough the importance of getting off these blacklists."

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Restaurant chain to double staff as revenues rise 15%

A BAHAMIAN restaurant chain is aiming to double its workforce by July through the creation of 48 new jobs with revenues for the year-to-date some 15 percent ahead of 2023.

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70-room beach club next in Sebas’s $510m expansion

A 73-room beach club located at Love Beach likely marks the next stage in the $510m real estate expansion being pursued by Sebas Bastian’s Brickell Management Group (BMG).

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'Decade of contraction' ends with $50m credit expansion

The Central Bank's governor yesterday revealed "a decade of steady contraction" in lending to the private sector was halted by 2023's $50.3m credit expansion although mortgage activity remained "subdued".

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Cement maker hails 2023 as ‘amazing year’ in construction

A cement manufacturer yesterday branded 2023 an “amazing year” for construction as it focuses on expansion to the Family Islands in 2024.

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