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News Article
Shipper's vessel is released

By NEIL HARTNELL

Tribune Business
Editor

A BAHAMIAN shipping company has recovered its vessel from US custody after agreeing to pay $75,000 to the Palm Beach Steamship Agency to settle an alleged unpaid debt.

Dean's Shipping Company regained possession of its M/V Legend II vessel last Thursday, with the US District Court for southern Florida dismissing the case brought against it by the Steamship Agency. An intervening lawsuit brought by Caterpillar Financial Services, which alleged that Dean's Shipping had breached the terms of a $2.67 million loan by allowing the M/V Legend II to be seized and have a lien placed over it, was also dismissed.

A March 16, 2011, court order obtained by Tr ...

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News Article
SHIPPER'S VESSEL IS RELEASED

By NEIL HARTNELL

Tribune Business
Editor

A BAHAMIAN shipping company has recovered its vessel from US custody after agreeing to pay $75,000 to the Palm Beach Steamship Agency to settle an alleged unpaid debt.

Dean's Shipping Company regained possession of its M/V Legend II vessel last Thursday, with the US District Court for southern Florida dismissing the case brought against it by the Steamship Agency. An intervening lawsuit brought by Caterpillar Financial Services, which alleged that Dean's Shipping had breached the terms of a $2.67 million loan by allowing the M/V Legend II to be seized and have a lien placed over it, was also dismissed.

A March 16, 2011, court order obtained ...

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News Article
ACL cargo in lockdown at terminal

Businesses shipping with Atlantic Caribbean Line (ACL) have been locked out from their merchandise for nearly a week following the company's abrupt closure.
According to multiple sources, cargo shipped by ACL through the Nassau Container Port (NCP) made it through customs. It was subsequently transferred to the sister facility, the Gladstone Freight Terminal (GFT). However, while business have paid all of the necessary fees, their cargo has remained locked in a
warehouse, and seemingly nobody has the ability to release it.
"I've heard about the complaints, but I have no comment," said Garth Rolle, former Nassau Port director at ACL. Earlier yesterday morning, Rolle confirmed to Guardian Business that ACL is still being run by a skeleton crew, although he is no longer working for the company.
Terry Johnson, the owner of Affordable Aluminum, said he has more than $21,000 worth of product sitting in the warehouse.
The aluminum came in on Friday, he said, and managed to clear customs. But when his driver went to GFT to pick up the product, as he normally does, "the doors were locked".
"He told me some representative is investigating, but so far nothing. My clients are upset, because it has nearly been a week now," he told Guardian Business. "It is putting me on edge."
Johnson insists that he is a paying customer, and the fact ACL went out of business is not an excuse.
"I've done everything I need to do. What am I supposed to do?" he asked.
Taneka Hanna, customer representative at the company, noted that nobody at the GFT or ACL seems to know the state of the cargo.
When she last drove down to GFT yesterday, she said there were several other business representatives with similar problems, as ACL had many shipments coming in on the days leading up to its closure. She speculated there are inefficiencies or discrepancies between the port and ACL.
Michael Maura, the CEO of APD Limited, did not return requests for comment before press time.
"This is no fault of ours," Hanna said. "We have our customers waiting on their product. These are people we deal with every day. They don't know where their product is, and we're not getting any answers."
Hanna added that Affordable Aluminum had already notified its suppliers that it will be shifting from ACL to Tropical Shipping.
On Tuesday, Guardian Business first revealed that ACL had shut its doors, putting at least 12 Bahamians out of work. The company had approximately 15 percent of the local market share.
ACL closed its offices in Nassau, Freeport, and Fort Pierce, Florida.
"It's a disappointment," said Rolle, its former manager. "The position is the owners decided to pull out of the market. The last call was on Friday, so this is with immediate effect. We were given very little information."
Maura, the CEO of APD Limited, said the closure will not have a lasting impact on shipping into The Bahamas.

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News Article
'Ditch Digger' takes top team honors in Wahoo Smackdown IV tourney

ALICE TOWN, Bimini -- Anglers at the Wahoo Smackdown IV Tournament in Bimini found and slammed over 27 fish, with 'Ditch Digger', captained by Manny Legakis, claiming $6,500 including first place honors with 121.01 total pounds of Wahoo caught, and second place for 'Heaviest Fish'. In that category, 'Ditch Digger' was edged out by 'Fishless' out of Miami, Florida.
'Fishless' Captain Carolos Martinez weighed in the tournament's largest Wahoo at 47.90 pounds, with 'Ditch Digger' weighing in 47.30 pounds. 'Real Truckin' out of La Belle, Florida, captained by Alex Newman, finished third in the category with 43.03 pounds.
According to Tournament Director Chase Camacho, payouts were just short of $25,000 and another $10,000 in prizes was awarded.
"We had a great show of boats and anglers and combined with the competition and camaraderie was two days of high spirits, great food and hospitality at one of the world's most famous fishing destinations courtesy of the Bimini Big Game Club Resort & Marina," Camacho said.
Tournament sponsors include Southern Wine & Spirits, Tito's Vodka, Sand's Brewery, G&G Shipping, Blue Coast Company, Ecoboats, Florida Yacht Interiors, Pantropic Power, King Sailfish Mounts, Blue Moon Co., Hooters, ROFF's, Bows and Bost Lures just to name a few.
Coming to Bimini April 24-27, is the Super Bowl of billfishing, a stellar squad of National Football League (NFL) Hall of Famers and legends for a one-of-a-kind tournament, matching the country's best anglers against former greats from the NFL for some hard-hitting blue water action.
With 11 Hall of Famers and six NFL legends scheduled to appear, the Hall of Fame Celebrity Billfish Invitational will feature over $250,000 in prizes, a tremendous gift bag per angler, and the opportunity to fish with a pro football Hall of Fame player or NFL legend.

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News Article
Nassau Container Port 'most productive'

Nassau Container Port (NCP) has beat out 24 ports in the Caribbean to be rated number one in productivity by the powerful Florida Shipowners Group, which handles the majority of the trade in the region.
NCP and Gladstone Freight Terminal, the port's inland facility, are owned and operated by APD Limited which, in turn, is owned by a partnership between the Government of The Bahamas, Arawak Cay Port Development Holdings Limited and 11,500 Bahamians.
Making the announcement of the NCP's outstanding rating in a release issued yesterday was Mike Maura Jr.., president & CEO, APD Limited.
"I am pleased to advise that the Florida Shipowners Group (FSG) has ranked the Nassau Container Port number one as the most productive port as measured by crane lifts per hour, out of a field of 24 ports in the Caribbean.This news is all the more gratifying because of its source and the metrics on which it is based," maura explained.
" The Florida Shipowners Group is made up of Crowley, CMA, Seafreight, Seaboard and Tropical who collectively carry 80 percent of all the cargo to the Caribbean and collect valuable data on this trade. On a monthly basis they submit port performance metrics to the FSG administrator who compiles the history throughout the year.
"The surveyed ports are primarily domestic ports like Nassau, which primarily handle cargo intended for the local market and, or, is exported from local manufactures and producers. FSG shares this information with the purpose encouraging ports to regularly review their productivity."
Maura added: "What really counts for us at APD is the fact that since the port began operating in 2012, the facility has effected over a 40 percent reduction in turnaround times for ships calling at Arawak Cay, which could allow shipping companies to operate their vessels far more efficiently and profitably and has brought additional benefits to local importers and other port users.
"The Nassau Container Port's reputation as a first class facility is spreading. Since operations began in 2012 the port has welcomed representatives from the port authorities of the British Virgin Islands, Bermuda and Haiti. These port authorities share a passion for excellence and have found their visit to NCP to be of great value."
NCP, Nassau's newest port, is a 56-acre port facility located on Arawak Cay, just two miles west of Downtown Nassau. The port provides facilities for both domestic and international bulk, break bulk, container and project cargo clients.
Maura said that Nassau Container Port was built and its operations designed for the highest level of security and efficiency. The port is compliant with the standards of the International Ship and Port Facility Security (ISPS) code requirements and is supported by a Royal Bahamas Police Force presence. The facility features around-the-clock security, perimeter fencing, surveillance cameras and backup power and emergency fuel storage in the event of natural disaster.
"What makes all of this work is a great team. There is a constantly demonstrated synergy among the executive, managers and staff, all of whom have first-rate, exportable skills. I'm more than proud of what we have built here in a very short time and we mean to build on this success," said Maura.

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News Article
Challenge to container port plan

PALM BEACH, Florida - Months after the Freeport Container Port (FCP) projected multi-million-dollar investments based around it being the largest regional harbor, Florida has announced $77 million in dredging set to make the state the leading trans-shipment point in the area.
The plan is set to complicate what up until March had been pretty secure expansion plans for the Grand Bahama company. Florida Governor Rick Scott said the dredging of the Port of Miami will make it the hub for trade for the East Coast, if not for the country.
“We are clearly going to be the shipping capital,” he said at the Palm Beach Strategic Forum on Monday. “International trade is a ...

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News Article
Mass Rally Remarks - Prime Minister Hubert Ingraham
Mass Rally Remarks - Prime Minister Hubert Ingraham

Fellow Bahamians, Fellow FNMs:

There are more of us than there are of them!

We are meeting at the beginning of the celebrations to mark the 40th anniversary of our great Free National Movement.

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News Article
FBI, police probe car theft

Police are nearing a breakthrough in their investigations into a car theft operation that saw cars stolen in Florida and smuggled into The Bahamas, in shipping containers filled with food items destined for a local grocery store.

The vehicles--a GMC 2011 and 2010 Yukon, a 2010 Honda Accord, and a 2008 truck-were stolen from various parts of Florida during the latter part of last month and shipped to Exuma,

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News Article
Maura defends tariff increase at port

The CEO of APD Limited is defending the new tariff structure imposed at the new Nassau Container Port (NCP), asserting that more "perspective" is needed before voicing concerns on costs.
Michael Maura Jr. acknowledged that costs on an individual carrier basis are slightly higher with all shipping operations now centralized at Arawak Cay. The comments come amid persistent rumbles from Bahamian businesses that consumer prices could go up due to the increase.

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News Article
Wahoo Smackdown IV on track to be best ever

ALICE TOWN, Bimini -- With a record of $90,000 in cash and prizes at stake and an anticipated 40 teams angling for some of that total, Smackdown IV hosted by the historic Bimini Big Game Club Resort & Marina, should make teams shout Wahoooooooo!
The tournament, scheduled for February 27 to March 1, features $10,000 for first place, $5,000 for second and $2,500 for third (a guarantee based on 35 boats participating). Teams can also claim prize monies for 'Biggest Fish', 'Heaviest Three Fish' and 'Grand Total Heaviest Fish'.
"Based on the growing popularity of this wahoo tournament series, we are on pace for 40 teams," said tournament director Captain Chase Camacho. "Wahoo are running strong here in Bimini so we should have lots of action."
Last November, the third installment of the Wahoo Smackdown, saw a record 32 boats and 175 anglers taking home more than $60,000 in cash and prizes. Team Brizzo Fishing from Coral Gables, Florida took home first place and largest fish honors.
Camacho said the entry fee for the Wahoo Smackdown IV event (which includes four anglers per boat) is an affordable $1,250, and $100 for each additional angler.
For information regarding the next wahoo tournament and to register online, the public is asked to visit the website, http://www.biggameclubbimini.com/big-game-tournament.htm, or call (800) 867-4764.
Tournament sponsors include Southern Wine & Spirits, Tito's Vodka, Sand's Brewery, G&G Shipping, Sysco Foods, Blue Coast Company, Ecoboats, Florida Yacht Interiors, Pantropic Power, Blue Moon Co., Hooters, King Sailfish, Bows, Bost Lures and many more.
Bimini's location along the legendary Gulf Stream (a 'river' of warm water) location is at the apex of a superhighway for migrating fish and acts as a kind of sushi conveyor belt carrying abundant food to the local fish. Deepwater game fish include marlin, tuna, sailfish, wahoo and swordfish, while big grouper, barracuda and schools of snapper can be found on the reefs. Bimini's flats are home to the fishermen's favorite prey, bonefish and permit. With more than 50-record-setting catches in the waters around the island, Bimini has earned its title of 'Sport Fishing Capital of the World'.

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