Search results for: Cayman Islands

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  • 29 October 2015

    The Cayman Islands Prime Minister Alden McLaughlin confirmed on Wednesday that his Cabinet has given the green light for a USD 150 million cruise berthing facility in George Town Harbour to allow for bigger cruise ships to visit the islands. “I am pleased to confirm that yesterday Cabinet formally approved the cruise berthing facility recommendations regarding […]

  • 29 October 2015

    The Cayman Islands Prime Minister Alden McLaughlin confirmed on Wednesday that his Cabinet has given the green light for a USD 150 million cruise berthing facility in George Town Harbour to allow for bigger cruise ships to visit the islands. “I am pleased to confirm that yesterday Cabinet formally approved the cruise berthing facility recommendations regarding […]

  • 11 May 2017
    Business & Finance, Environment, Research & Development, Technology

    OTEC Cayman has reportedly completed the environmental impact assessment (EIA) for the floating ocean thermal energy conversion (OTEC) plant off Cayman Islands.

  • 13 June 2017
    Business & Finance

    Embattled Greek offshore deepwater driller, Ocean Rig, will continue trading shares on the American stock exchange Nasdaq despite prior delisting warning.  The driller informed on Monday it had received a decision letter from the Nasdaq Hearings Panel granting a conditional exception from the decision of the staff of the Nasdaq Stock Market LLC to delist the […]

  • 17 May 2019
    Business & Finance

    MSC Cruises to provide funding for the construction of a new cruise berthing facility.

  • 21 September 2017
    Equipment

    A U.S. Bankruptcy Court has issued and order giving full force in the U.S. to Ocean Rig’s debt restructuring schemes of arrangement recently sanctioned by the Grand Court of the Cayman Islands. The deepwater offshore drilling company on Wednesday said the order by the United States Bankruptcy Court for the Southern District of New York means the terms […]

  • 21 July 2017
    Equipment

    Heavily indebted offshore dilling company Ocean Rig, is set to convene meetings with creditors hoping they’d approve the previously announced schemes to restructure the driller’s debt. According to the driller, the Grand Court of the Cayman has directed that four separate meetings be convened with creditors of Ocean Rig’s subsidiaries Drillships Financing Holding Inc. (“DFH”), […]

  • 28 December 2017
    Business & Finance, Operations & Maintenance, Research & Development

    The United Kingdom Hydrographic Office (UKHO) has chartered two boats to survey the waters off Grand Cayman and Cayman Brac as part of the UK’s Overseas Territories Seabed Mapping Programme (OTSMP) commitments. The survey data gathered will be used to produce more accurate navigation charts and guides, improving access for trade and tourism related industries […]

  • 1 August 2019

    Four cruise lines will enter into preferential berthing rights for the new piers.

  • 12 May 2011

    The Cayman Islands government is set to sign a memorandum of understanding with a Chinese company that will dredge a channel in the North So… (thetriton) [mappress] Source: thetriton, May 12, 2011;

  • 29 October 2015
    Business & Finance

    Cayman Islands Government has approved a $150 million new cruise ship port plan, reported Office of the Premier Alden McLaughlin yesterday. According to McLaughlin, the Cabinet on Wednesday formally approved the cruise berthing facility recommendations regarding project delivery, making room for the next phase. He acknowledged potential environmental risks associated with the project, because of the dredging of the coral and dive […]

  • 28 March 2017
    Business & Finance, Exploration & Production

    Offshore driller Ocean Rig has filed for Chapter 15 bankruptcy protection in a United States court amid a prolonged downturn in the offshore drilling market.  The purpose of Chapter 15 is to provide effective mechanisms for dealing with insolvency cases involving debtors, assets, claimants, and other parties of interest involving more than one country, according […]

  • 9 April 2006

    The Cayman Islands could have been the topic of major international news Friday if things hadn

  • 21 February 2006

    As the Cayman Islands sets out to welcome one of the world

  • 23 March 2018
    Business & Finance, Equipment, Operations & Maintenance

    Fugro has recently completed the data acquisition phase of a hydrographic survey project that is designed to update significant portions of the nautical charts of Grand Cayman and Cayman Brac. The surveys were conducted on behalf of the United Kingdom and Cayman Islands governments after the project was awarded by the United Kingdom Hydrographic Office […]

  • 14 June 2011
    Business & Finance

      Euroseas Ltd., an owner and operator of drybulk carriers, containerships and multipurpose vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced today that its joint venture company, Euromar LLC (“Euromar”), signed a memorandum of agreement to purchase the M/V MATE, a geared containership of 35,600 dwt and 2,788 twenty foot […]

  • 15 April 2016

    Offshore driller Ocean Rig will move its corporate domicile from one offshore financial center to another – from the Marshal Islands to the Cayman Islands. The driller, run by the Greek shipping magnate George Economou, said that starting April 15, Ocean Rig’s common shares will start trading under new CUSIP number G66964100. “All shares of Ocean […]

  • 23 September 2006

    The opening of the Royal Watler Cruise Terminal is the first step of many to better manage the Cayman Islands

  • 26 February 2020

    A cruise ship denied port access to Jamaica and Cayman Islands amid coronavirus precaution measures.

  • 20 June 2011

    The Cayman Islands Tourism Association has taken a position to oppose the proposed East End Seaport after consulting with its membership and… (compasscayman) [mappress] Source: compasscayman, June 20, 2011

  • 14 June 2011

    Billboards opposing the proposal by Joseph Imparato to develop a sea port, or as those against the project believe it to be ‘the mega… (caymannewsservice) [mappress] Source: caymannewsservice, June 14, 2011

  • 28 August 2017
    Business & Finance

    The U.S. Bankruptcy Court has granted recognition of Cayman proceedings as foreign main proceedings to the indebted offshore dilling company, Ocean Rig.  According to the driller’s statement from Friday, the U.S. Bankruptcy Court has issued a memorandum opinion and an order granting recognition of the provisional liquidation and scheme of arrangement proceedings of the company […]