'Every reason' for 8-10 shipping registry growth

Mon, Dec 6th 2010, 10:00 PM

By NEIL HARTNELL

Tribune Business Editor

The Bahamas shipping registry has "every good reason" to be growing at a rate of 8-10 per cent per annum, in line with the global shipping industry's expansion, a government minister said yesterday, adding that the Bahamas Maritime Authority (BMA) had "achieved all of our goals for last year".

Earl Deveaux, minister of the environment, who has responsibility for the Government's relations with the BMA and the Bahamian maritime industry in general, told Tribune Business that key reforms adopted over the past year were essential to ensuring the global shipping and yachting industries saw the Bahamas as "the best option" f ...

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