Shipping
Minister says moving cargo port will benefit tourism
(CNS): Tourism and Ports Minister Kenneth Bryan made a speech on Friday in which he promoted what he believes are the benefits of moving the cargo dock from its current location. In an address about sustainable tourism at the Chamber of Commerce Economic Forum, he said that moving the dock away from the tourism area […]
Commerce minister sells Cayman in Monaco
(CNS): Joey Hew, the minister for commerce and infrastructure, was the keynote speaker at the Mare Forum in Monaco recently, where he told wealthy superyacht owners that Cayman was open for business and that the portfolio of mega yachts operating under the Cayman Red Standard was growing. He told the the audience that Cayman was […]
Premier leads annual Monaco trip
(CNS): Premier Alden McLaughlin, Chief Officer Eric Bush, Senior Political Advisor Roy Tatum, Commerce Minister Joey Hew and Maritime Authority CEO Joel Walton will be ramping up the air miles this week when the group heads to Monaco. The premier is leading another Cayman trade delegation to the annual luxury boat show in Monte Carlo […]
Cayman Islands imports grow by nearly 16%
(CNS): Cayman was on something of a spending spree last year, importing a record amount of goods, with the total value brought into the islands increasing by 15.7% to reach CI$1,058.6 million, compared to the $914.8 million worth of imports in 2017. The growth was reported in the latest foreign trade statistics produced by the […]
Premier to ride in St Tropez bike race
(CNS): Premier Alden McLaughlin will be mixing business with pleasure next week during a trip to Europe, where he will meet with UK officials in London and maritime experts in Monaco. He will also be taking part, alongside Prince Albert and other celebrities, in the 8th annual Champagne and Oysters Cycling Club (COCC) St Tropez […]
Cayman shipping registry rated top class
(CNS): The Cayman Islands Shipping Registry has been rated as one of the best in the world in the International Chamber of Shipping (ICS) Flag State Performance Table for 2018/19 for the 8th year on the run. Cayman received positive indicators across the board on the Performance Table, one of 16 countries from 117 with […]
Vessels flying CI flag sail through inspections
(CNS): In 2018 just three out of hundreds of vessels flying the Cayman Islands flag were detained in ports for failing inspections conducted under international agreements, which is helping the local shipping registry become the gold standard in the maritime business. The Cayman Islands Shipping Registry said that last year it recorded a detention ratio […]
Growing business buoys shipping registry
(CNS): The Cayman Islands Shipping Registry enjoyed its second best year ever in 2018, and for the first time in its 115-year history ended last year with 2,215 vessels registered — 1,897 pleasure vessels and 318 commercial vessels. The registry has a total of 5.6 million gross tonnes, which is a 8.5% net increase on the previous […]
Premier adds lunch in Athens to Euro trip
(CNS): After rubbing shoulders with European royalty in the playground of the rich and famous in Monaco, the premier lunched with Greek shipping magnates, having added Athens to his European trip this week. According to a press release from his office, Premier Alden McLaughlin, along with officials from the Maritime Authority of the Cayman Islands, […]
Cayman delegation rubs shoulders with European royalty
(CNS): As public attention was focused on whether or not the Cayman Islands should embark on developing a cruise berthing facility, Premier Alden McLaughlin, Financial Services Minister Tara Rivers and representatives from the Maritime Authority of the Cayman Islands were in Europe rubbing shoulders with royalty. The Cayman delegation hosted a reception Thursday night at the […]
Premier and minister at luxury boat show
(CNS): Financial Services Minister Tara Rivers, who is responsible for the Maritime Authority of the Cayman Islands, and Premier Alden McLaughlin will both be in the playground of the wealthy this week as they attend the Monaco Yacht Show, which opens tomorrow. The delegation to the event includes officials from the Shipping Registry, who will be mixing […]
