By ALISON LOWE

Business Reporter

alowe@tribunemedia.net

The Bahamas Maritime Authority's (BMA) success in growing this nation's shipping registry, and paying dividends to the Government, should be viewed as an incentive for other public corporations/agencies to be given the same semi-autonomous status, its chairman has argued.

Ian Fair said that as a statutory corporation the BMA is a "very effective model" for how other government entities could be operated, having returned dividends to the Government "in excess of $50 million (in 16 years), and all with a staff of 75".

"The Government wanted the BMA to operate as a private sector entity, and the model has wo ...

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