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Excursion operators raised concerns over being hit with higher boat registration fees after the Boat Registration (Amendment) Bill was tabled in Parliament this week.
The number of luxury vessels that have registered for this year’s Bahamas Charter Yacht Show has doubled from last year, with the organizers of the event – which begins today
The second annual Bahamas Charter Yacht Show (BCYS) is hoping to sail past the 40 boats that were on display this year, and is preparing for an even bigger show in 2024. Former president of the Association of Bahamas Marinas (ABM), Peter Maury, said The Bahamas should be the epicenter of the Caribbean’s yachting scene. “Many
The Bahamas Charter Yacht Show is shaping up to become a yacht show to be reckoned with in the region, according to a press statement about the upcoming event. The statement explained that more than 42 vessels will be present at the show which begins tomorrow and runs until Sunday. The statement said this level of
Ease of doing business reform to enhance compliance and enforcement of 4 percent charter fee requirement NASSAU, BAHAMAS — The Ministry of Finance concluded an agreement with the OMNI Financial Group and the Association of Bahamas Marinas (ABM) to launch a digital payment solution for the collection of charter fees from mega yachts and other charter operators in The Bahamas. Minister of State for Finance Kwasi Thompson said: “This development is extremely significant as we have traditionally seen a lot of revenue leakage in the charter operator space. Kwasi Thompson. “As a government, w...