07142021 BUSINESS

business@tribunemedia.net

WEDNESDAY, JULY 14, 2021

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BAHA MAR BUILDER SEEKS BAHAMIAN JUDICIAL ASSISTANCE

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net BAHA MAR’S main contractor has launched its own bid to secure Bahamian judicial assistance in a bid to unearth evidence that will support its counter-claims against former owner Sarkis Izmirlian.

China Construction America (CCA), employing a tactic used against it by Mr Izmirlian, wants the Supreme Court and Attorney General’s Office to help obtain records it hopes will back its contention that Baha Mar’s failure and plunge into Chapter 11 bankruptcy protection was caused by the former owner’s alleged “mismanagement” of the multi-billion dollar project.

The Chinese stateowned contractor and its US attorneys have prepared the assistance request, to be issued via the New York State Supreme Court, which seeks documents allegedly under the control of Ed Rahming, the Bahamian accountant and Intelisys (Bahamas) principal, who acted as one of the three Baha Mar liquidators after the Chapter 11 bid failed.

Drawing on affidavits sworn by Mr Rahming and filed with the Supreme Court, CCA alleged that the former SEE PAGE B8

‘FULL ACCOUNTING’ DEMANDED BY OIL OPPONENTS

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

Oil exploration opponents yesterday submitted their third Freedom of Information Act request in a bid to obtain greater transparency over the Government’s dealings with the ex-Bahamas Petroleum Company.

Representatives from the Our Islands, Our Future coalition, in a letter to Carl Bethel QC, the attorney general, and ex-Supreme Court justice Keith Thompson, the Bahamas’ first freedom of information commissioner, again sought “a full public accounting” of licence and other fees paid by the now-Challenger Energy Group as well as any reports on the drilling of its Perseverance One exploratory well.

Noting that Romauld Ferreira, minister of the environment, had publicly said the Government will not consider Challenger’s application for a three-year renewal of its licences until some $1.9m in allegedly outstanding fees are paid, the group wrote: “This is our third request for information related to plans, licences, government approvals, activities and reports surrounding Challenger’s long-standing relationship with the Government of The Bahamas and its operations in Bahamian waters during 2020.

“We additionally seek a full public accounting of fees that have been paid

by Challenger to-date, and those that are still SEE PAGE B9

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Cruise port eyes 1m visitors by end-2021

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

NASSAU Cruise Port’s top executive yesterday said it could welcome one million visitors over the five months to year-end 2021 even if vessels call with just 60 percent average occupancy.

Michael Maura told Tribune Business there is a “lot more activity on the horizon” at Prince George Wharf with a total 520 cruise ship visits scheduled between August 1 and year-end as the industry “ramps up” its return to the seas following a 15-month COVID-enforced absence.

He said the cruise lines had indicated that as they become “more confident” in their health protocols and virus-testing regimes, on-board occupancy levels will steadily increase from the present 30 percent throughout the remainder of 2021 until 100 percent is achieved before 2022 is reached.

Pointing to the greater economic impact that increased passenger numbers will have for Bahamian

* Can achieve goal with just 60% average vessel occupancy * Top executive reveals 520 berth-forecast over five months * Defends Gov’t decision to waive health visa requirements

industries and employees reliant on the cruise industry for their livelihoods, Mr Maura confirmed that “the number of ships forecast to berth” in Nassau during the final five months of 2021 presently stands at 520.

“If these vessels sailed at 100

percent occupancy, the 520 equate to approximately 1.7m [cruise visitors],” he added. “We are, however, currently receiving vessels at approximately 30 percent occupancy, but the cruise lines advise that, by year-end, we should see their occupancy reach to 100

percent.

“If the 520 vessels kept occupancy at 30 percent, we would receive just over 500,000 passengers, but if they averaged 60 percent through the year-end we would welcome one million passengers over the remaining five months of 2021.”

The latter target would match the one million stopover visitor ambition that Dionisio D’Aguilar, minister of tourism and aviation, has set for the 2021 full-year, along with the goal of returning the tourism industry to 80 percent of pre-COVID capacity by the 2022 first quarter.

“We definitely have a lot more activity on the horizon this year,” Mr Maura said, which includes Royal Caribbean’s and Crystal Cruises’ respective home porting initiatives. “We have SEE PAGE B5

Union chief: Workers not feeling tourism’s rebound

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

THE hotel union’s president yesterday said industry workers were yet to feel the benefits from tourism’s post-COVID resurgence with “no higher than 40 percent” of his members recalled to work to-date.

Darrin Woods, the Bahamas Hotel, Catering and Allied Workers Union’s (BHCAWU) chief, told Tribune Business that “a lot of people are still at home” while branding the number of staff recalled to resort properties where the union is represented as “sluggish”.

Voicing hope that tourism’s recovery will maintain its present pace through the traditionally slow months of September and October, so that recalled hotel workers will earn sufficient income to carry them through to Christmas 2021, he added that those still on furlough are increasingly

* Says ‘no higher than 40%’ of members recalled * Voices fears for ‘main thread’ of local economy * ‘Hundreds still home’ after 17 COVID months

DARRIN Woods struggling to make ends meet almost 17 months into the pandemic.

Describing tourism employees, and not just hotel workers, as “the main thread” that ties the Bahamian economy together, Mr Woods warned that a failure to get the likes of jet ski operators, straw vendors and hair braiders back to full work soon could result in many ‘Mom and Pop’ style businesses failing to

survive.

Still, he argued that The Bahamas’ relatively low COVID-19 inoculation rate and vaccine hesitancy will not deter travellers from visiting The Bahamas, while local resorts will be unable to cater to pre-pandemic tourist numbers with less workers because this will compromise service quality.

Mr Woods was yesterday backed by Dave Beckford, a former hotel union presidency contender and ex-Atlantis employee, who told this newspaper yesterday that he knows of “hundreds of hotel workers are still furloughed at home”.

He argued that this made little sense given that Atlantis had recently disclosed it was operating at close to

90 percent occupancies, the still-closed Beach Towers excepted, and added that former colleagues still on furlough were increasingly taking the position that the Paradise Island mega resort needed to either recall them or make them redundant.

“Particularly for the properties where we are represented, the numbers are still sluggish in terms of people returning to work,” Mr Woods told Tribune Business. “If you look at the British Colonial Hilton downtown, there’s kind of an uptick because of the cruise line home porting but it’s nothing significant.

“We’re seeing more areas open but on a smaller scale.... a Friday, Saturday, Sunday type thing. Everywhere else seems to be the

same. We wonder where all these visitors are actually staying if they are coming? Is it in a hotel, a guest house, Airbnb or with family because we’re not seeing the employment.

“We’re trying our best to get them back to work, but the number of those recalled is not higher than 40 percent. A lot of people are still at home. Something we’d been advocating for from the outset was to bring back as many people as the hotels can on reduced days, but the properties have taken the position there were a bunch of people they wanted to work with and gave them maximum days.”

The duo’s remarks raises questions as to whether SEE PAGE B5

Carnival’s GB port to double arrivals to 1m

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

CARNIVAL’S Grand Bahama port will double the passengers it brings to the island to one million within three years of completion, economic forecasters have predicted, while boosting annual visitor spend by $68m.

The assessment by Tourism Economics, which was attached to the project’s newly-released Environmental Impact Assessment (EIA) ahead of the August 4 public consultation, predicted that a yearly average of 1,688 total jobs will be created once the ‘Grand Port’ begins operations following a threeyear construction build-out.

The EIA itself, which like the economic impact analysis was completed pre-COVID, argued that allowing Carnival’s development to proceed “will let the world know that Grand Bahama is back in a significant way as a tourist destination in the Caribbean region” following the ravages inflicted by Hurricane Dorian in September 2019.

Painting a picture to suggest that the project is much-needed to revive a tourism industry and economy that were both flagging prior

* Project EIA says Freeport among ‘lowest ranked’ ports * Pledges extra $68m in annual passenger expenditure * Analysis says $95m tax breaks outweighed 3.8 times

THE PLANS for Carnival’s Grand Bahama port. to the storm and the pandemic, terms of guest satisfaction.

“Currently, five cruise lines visit the EIA added: “The current port in Grand Bahama is consistently the island. Three of these – Carniamong the lowest ranking ports in val Cruise Lines, Costa Cruises, and

P & O UK – are Carnival Corporation brands. Over 80 percent of all guests arriving to Freeport on cruises will come from Carnival Corporation brands.” That is until, presumably, Royal Caribbean and ITM Group’s Grand Lucayan acquisition is completed.

Given that the modelling by Tourism Economics, a division of Oxford Economics, dates from preDorian and COVID-19, there is a likelihood that some indicators and numbers will have altered although the broad outline of Carnival’s ambitions appears not to have altered. Carnival did not respond to Tribune Business’ request for comment, relayed through its local contacts, before press time last night.

The company, and the cruise industry as a whole, were dealt a devastating financial blow by their pandemic-enforced 15-month shutdown, and the timelines for Grand Port’s development have been SEE PAGE B9

PAGE 2, Wednesday, July 14, 2021

Don’t simply ‘check box’ for passports over KYC

BY DEREK SMITH THE fraud industry is booming. A few months before COVID-19 appeared, the Financial Cost of Fraud Report 2019 stated: “Fraud is costing businesses and individuals across the world $5.127tr each year.” Moreover, the results of a survey completed by the Association of Certified Fraud Examiners (ACFE) noted that due to the COVID-19 pandemic, experts have observed an increase in multiple types of fraud. Both historically ,and recently, financial institutions and designated non-financial business and professions (“DNFBPs) are targets of fraudsters.

The Financial Action Task Force’s (FATF)

recommendation ten, which was adopted by the FATF plenary in February 2012 and later updated in October 2020, speaks to customer due diligence measures and, in particular, “identifying the customer and verifying that customer’s identity using reliable, independent source documents, data or information”. Locally, the Financial Transactions Reporting Act 2018’s Section 8(1) requests that every financial institution “shall undertake identification and verification measures before opening an account or establishing a business relationship”.

Following recent releases by the Financial Intelligence

THE TRIBUNE Unit (FIU), warning the Bahamian public and industry of an apparent real estate scam and the need to ensure robust Know Your Customer (KYC) procedures are deployed, this article serves as a reminder to compliance professionals not to simply “check boxes” during the customer onboarding process and ongoing reviews.

There is general acceptance that there are multiple ways to identify a natural person.

Appendix B, of the Central Bank of The Bahamas’ supervisory and regulatory guidelines, allows two items - one of which could be “a passport (from any jurisdiction)” - as a requirement “to open a deposit account, become a signatory on a deposit account, or access a service provided by a supervised financial institution”.

To appreciate ‘not checking the box’ as it relates to customer identification and verification, I implore risk and compliance colleagues to deploy refresher training for key stakeholders surrounding

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the verification process and identifying red flags. Based on the above, I will touch briefly on identifying fraud in a passport.

Passport Security Features Security features are built into most passports. They may include holograms, complex background prints, unique ultraviolet features, textile features and transparent holograms. There should be careful consideration when reviewing the passport. Ensure those data bar codes that are normally found at the bottom of the personal identifiable information (PII) page match throughout the document.

Additionally, the photo should be a straight-on and not veered to the left or right in the face.

To mitigate the risk of accepting a fraudulent passport, employees should be training on comparison material annually.

he passport photo T and FOG passports Studies completed by Robertson et al (2017) ) quantified the acceptance of morphed passport photos in the absence of a real comparison photo.

Moreover, research has concluded that modern passports now incorporate counterfeit prevention measures.

Fraudsters are now moving to fraudulently obtained but genuine (FOG) passports. In this passport fraud scheme, a person with a true passport submits a renewal application with the photo of someone who seems similar to the client, and the passport is wrongfully issued to the person. Although there is training available, even the best results have shown an error rate of 10 percent Conclusion In short, a significant threat to national security and a substantial reputational and

financial risk comes from using fraudulent passports as identification documents. It is crucially important that careful attention is paid when reviewing passports instead of just acknowledging that one has been received and not expired.

NB: Derek Smith Jr is a compliance officer at a leading law firm in The Bahamas, and a former assistant vicepresident, compliance and money laundering reporting officer (MLRO), at a local private bank. His professional career started at a ‘Big Four’ accounting firm and has spanned more than 15 years, including business risk management, compliance, internal audit, external audit and other accounting services. He is also a CAMS member of the Association of Certified AntiMoney Laundering Specialists (ACAMS).

GOV’T SEIZES ON LEADING SMALL ISLAND FDI STATUS

The Government yesterday seized on The Bahamas’ status as 2020’s top small island state for foreign direct investment (FDI) as “perhaps the strongest indicator of confidence” in this nation. The Ministry of Finance, in a statement, said this nation had bucked the trend of declining FDI inflows at the COVID-19 pandemic’s height via a 47 percent or $286m year-over-year increase in such receipts compared to 2019.

Asserting that The Bahamas had led all small island developing states “during what has been described as the worst global economic downturn in nearly 100 years”, the Ministry of Finance said the United Nations Commission on Trade and Development’s (UNCTAD) annual World Investment Report 2021 showed total foreign investment inflows among SIDS contracted by 40.3 percent globally.

They also fell by 36 percent for the Caribbean, standing in contrast to The Bahamas.

The UNCTAD report showed FDI inflows to Barbados grew by 22 percent to $262, and those for Grenada increased by 11 percent to $146m, but Jamaica and St Kitts & Nevis experienced contractions in FDI receipts of 45 percent and 47 percent respectively. The Ministry of Finance said The Bahamas thus received the largest level of foreign direct investment among SIDS, outpacing its closest rival by some $500 million.

“This is perhaps the strongest indicator of the enduring and sustained confidence that investors have in The Bahamas. It cannot be taken for granted that during these challenging times, investments are not only continuing but increasing. This is evidence that we are headed in the right direction, and motivates us to redouble our efforts until full recovery,” said Kwasi Thompson, minister of state for finance.

“As the Bahamian economy rebounds, the Government’s articulated Accelerated Bahamas Recovery Plan has placed a renewed focus on prioritising public and private sector investment.

Under this administration, The Bahamas will continue to improve its investment framework to ensure that domestic and foreign investment inflows will remain healthy and strong over

the medium and long-term, resulting in more employment opportunities for Bahamians.”

While The Bahamas enjoyed a 47 percent increase in FDI inflows to $897m, these statistics were not as impressive as they seemed. For the UNCTAD report indicated that much of the increase stemmed from reinsurance inflows related to Hurricane Dorian reconstruction as opposed to capital investments in tourism and other industries/businesses.

“In The Bahamas, inflows grew by 47 per cent to $897m despite the contraction of the domestic economy and tourism. Reconstruction works following the ravages of Hurricane Dorian in 2019 and investment in ICT (information and communications technology) services continued in 2020,” the World Investment Report 2021 stated.

Matt Aubry, the Organisation for Responsible Governance’s (ORG) executive director, told Tribune Business that The Bahamas “cannot rest on its laurels” and needs to adopt a more strategic, targeted approach to attracting sustainable FDI. Mr Aubry, who served as a member of the Government-appointed Economic Recovery Committee, said the 2020 inflows were “not necessarily something we can trust as sustainable or based on capacity” given that they appear to be linked to one-off Dorian reconstruction.

“It doesn’t sound like we can rest on our laurels,” he told Tribune Business previously.

“We have to recognise the value of broadening the ease of doing business and smart, strategic FDI that aligns with the domestic economy and makes sure local opportunities are there. A stronger and more diverse local economy benefits from strategic FDI. “I think there’s things we can do to shore this up through accelerating the decision-making process. We’ve recommended to develop a full Land Use Plan so we know what projects we’re looking for. Instead of what comes knocking at the door, identify where we need to push and drive. We’ve identified medical tourism as being of value, and technology as being of value.”

THE TRIBUNE

Wednesday, July 14, 2021, PAGE 3

CRYSTAL DROPS CAT ISLAND ON DOCKING

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

Cat Island business owners said Crystal Cruises was unable to select the island as a port-of-call during its seven-night Bahamas voyages because the water near the public dock was too shallow.

Alfred Moss, co-owner of Alvernia Foods Grocery Store & Car Rental, told Tribune Business that Crystal Cruises was “never going to work out” after it was discovered that the main government harbour was too shallow for its vessel to drop anchor and then transport passengers ashore.

“Crystal Cruises said that we didn’t have enough for them to work with. You have 12 miles from the port of Smith’s Bay to the drop off,” Mr Moss said. “The ship’s draught is 25 feet, and they need an additional 20 feet for insurance purposes.

That’s 45 feet of water they have to be in, plus you are talking about 12 miles back to shore and away from shore and going back.”

Crystal Cruises, in an

e-mailed response to Tribune Business questions, confirmed: “Out of concern regarding tender operations in Cat Island, including a distance requirement that may limit the number of guests who might potentially experience the island, we made the decision to not call there.

We have added an overnight at Bimini followed by a sea day.”

Besides the distance between Smith’s Bay and the designated drop-off spot being too far to travel, the second private harbour at Hawk’s Nest did not allow Crystal Cruises to use their dock because it was too short notice.

“Hawk’s Nest is a private enterprise. That’s not a government enterprise and some of the winter residents didn’t want it there,” said Mr Moss. “Hawk’s Nest is miles away from any local areas and it wasn’t going to affect the locals in any way. Plus, the winter residents have a problem with things like the cruise ships. I heard them talking about it and all that stuff. They want the island to be the way it is, laid back.

“Hawk’s Nest wasn’t prepared to set up temporary

toilets for cruise ship passengers either. Crystal Cruises wanted to set up 12 temporary toilets, but I wouldn’t want that on my property either.”

Dionisio D’Aguilar, minister of tourism and aviation (above), provided a different explanation for the Hawk’s Nest situation. “What happened was we were going to use the landing point at Hawk’s Nest and, very tragically, weeks, days, months ago, the owner died,” he revealed.

“Subsequent to the owner dying, the general manager got electrocuted. The new owners wanted out. They didn’t want any operations being conducted on their property. We were going to use their marina as a landing

point for the tenders coming off the Crystal Serenity but they really didn’t want any operations being conducted there.

“We said we would provide everything and do the security, but they were not interested and any other possible venue would have required too much distance to be travelled as they were visiting only for six to seven hours, and that made it untenable.”

Besides the docking and transportation issues, Mr Moss said many local businesses were also uncomfortable with obtaining the “liability insurance” that Crystal Cruises demanded.

“They said: ‘Hey, you want us to stop, then you have to pay the liability insurance’, which doesn’t make sense because the locals weren’t going to see the cruise ship if it pulled into Hawk’s Nest,” he added.

Margaret Cleare, owner/ operator of the Orange Creek Inn, said Hawk’s Nest did no9t want Crystal Cruises to land at their harbour.

She further explained: “Crystal Cruises never came because Hawk’s Nest didn’t allow them to land, and they

didn’t use the harbours at Smith’s Bay and Bennett’s Harbour because there is not the depth of water there

for them to pull into the harbours.

“They just don’t have the facilities.”

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RBC RELAUNCHES SATURDAY BANKING

ROYAL Bank of Canada (RBC) yesterday announced that it will relaunch Saturday banking with a new service for clients beginning this weekend.

The Canadian-owned bank, in a statement, said Saturday banking will initially be offered at its Cable Beach, Prince Charles and Carmichael Road branches with effect from July 17.

It added that Saturday banking services will focus on helping clients with more complex advice-oriented needs such as mortgages, loans,

lines of credit and savings.

Cash will only be available through automated teller machines (ATMs) on Saturdays, while deposits can only be made at ATMs and through the non-stop depository service.

RBC said clients may also use Saturday hours to come to the branch to speak with staff and become more comfortable with digital banking, the RBC mobile app, and RBC’s ATMs. “We are reimaging how we provide Saturday banking services in The Bahamas,” said LaSonya Missick, RBC’s Bahamas and Turks &

Caicos managing director, and head of personal banking.

“By opening on Saturdays for these more complex advice-oriented needs, we are providing our clients with more flexibility and added convenience when making some of life’s biggest financial decisions.”

The bank will also use Saturday hours to conduct educational sessions that offer clients information about adopting digital services and managing finances through life events.

RBC’s Cable Beach, Carmichael Road and Prince Charles branches will open from 9am to 3pm.

These locations will continue to operate as full-service branches from Monday to Friday.

BIMINI BUSINESSES ARE MIXED ON COVID TEST

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net’

BIMINI businesses yesterday gave mixed reactions to the Government’s requirement that persons travelling to and from the island must take an RT-PCR COVID-19 test in a bid to contain the latest outbreak.

One told Tribune Business they had “no problem” with the measure, even though no PCR

testing kits were present on the island when it was announced, and urged fellow Biminites to become vaccinated against COVID-19.

Others, though, lamented the tightening of travel restrictions for Bahamians.

Marie Robins, general manager of M and S Liquor Store, said the Government has to “do what it has to do” and she has “no problem” with requiring a negative PCR COVID-19 test for persons to enter and depart

Bimini.

“I’m fully vaccinated.

We need to get vaccinated. If you don’t trust the AstraZeneca vaccine that’s on you; what could you say?” she said. “Being locked up and the other restrictions don’t make any sense, so if being vaccinated will help the situation then why shouldn’t we be?”

The Government’s PCR test mandate was imposed after COVID-19 cases on Bimini began increasing last month, resulting

US MANUFACTURER IN LOCAL DISTRIBUTION DEAL A US-based manufacturer has selected Bahamas Medical & Surgical Supplies to act as its authorised distributor in this nation.

GOJO Industries, producer of the Purell disinfectant and sanitizer brand, said in a statement: “The partnership between the two companies will bring a complete portfolio of products and services that will help further the GOJO purpose of saving lives and making life better through well-being

solutions.

“In addition, GOJO and Bahamas Medical share similar values as they are both private family companies that strive for service excellence, honesty, integrity and value.

“GOJO has gained a strategic partner in the Caribbean, and will support the brand and business development through the different market segments served by Bahamas Medical.”

in Crystal Cruises cancelling planned weekly calls on the island until further notice.

Nathan Foulkes, general manager of N&N Market Centre, said of the move: “We don’t feel good. The good thing is that this won’t stop most of the tourists from coming in because most of them are vaccinated, but for Bahamians travelling back and forth this is going to be a hindrance for them.”

Charles Wilkinson, owner/operator of Charlie’s Native Bread, said that if the need for a RT-PCR hinders tourism “there is nothing anybody can do about it. The only thing we have to do is just take care of ourselves”.

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PAGE 4, Wednesday, July 14, 2021

PROJECT MANAGER CREATES ‘PROFESSIONAL COMMUNITY’

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net’

A project manager yesterday said she created a “community” dedicated to professionals in her sector in response to a “great need” for better networking among Bahamians.

Andrea Pratt Smith, owner/operator of Creative Minds Project Development and Consultation, told Tribune Business she wanted to fill the gap between “professional networking” and “professional development opportunities”. This resulted in her founding the Bahamas Project Management Community (BPMC), which was launched on June 1, 2021.

“I realised that a community of project managers was lacking in The Bahamas,” said Ms Pratt-Smith. “So when I got my project management professional certification last year, and I also got my Scrum Master certification, I felt that the Bahamas could benefit from having a collective central repository of project managers where we can all work together on various projects.”

Continuing education in the project management field is critical to professional success, Ms Pratt-Smith said, and this is what BPMC is offering with the “Certified Scrum Master” certification training under the “agile methodology” mode of project management.

She explained: “The agile methodology

is just a new way of working. It incorporates different principles and values from your regular waterfall project management.

“A lot of people in The Bahamas are very familiar with the Project Management Institute (PMI) and the PMP certification, but that’s all they know about.

“But agile methodologies have actually been around for 20-plus years, and you have people all around the world being trained as scrum masters and product owners.” Training, Ms Pratt-Smith said, “originated in the software development field, but it’s being used now in different fields of project management”.

“As a community we are not incorporated and we are allowed to just organise among ourselves and plan our way forward, but we’re in the process of discussing with the team on actually forming a PMI Bahamas chapter,” she added.

“Our first project that was launched on June 22 was a kids club, where project managers are working along with persons who are interested in being project managers and working on a kids club project. So we started on June 22 and it ends on July 24.

“It’s a five-week programme for children aged eight to 12 who are interested in entrepreneurship.

“So we’re teaching them entrepreneurship skills.

“They also learn marketing basics among other professional skills.”

THE TRIBUNE

PI RESORT ENDS TESTS FOR FULLY VACCINATED GUESTS A Paradise Island resort says fully vaccinated guests will no longer have to produce negative COVID test results as it extends its ‘fourth night free’ promotion through until August 31.

Comfort Suites, in a statement, said it is following the Government’s amended travel restrictions by allowing fully vaccinated Bahamians - travelling internationally and domestically - exemption from the COVID-19 testing requirements once they have passed the two-week immunity period.

“All fully vaccinated guests (based on the requirements of each particular vaccine – some vaccines require two doses and others one) staying at Comfort Suites Paradise Island will no longer be required to present a

negative COVID-19 test, and instead present their vaccination card,” the hotel added.

“As more people gain access to COVID-19 vaccinations, we look forward to a healthy and robust return of domestic travellers,” said Yasmine Mills-Strachan, director of sales for the 223-room property.

Comfort Suites’ current promotion offers Bahamian guests a fourth night free, not including taxes and fees, with three paid room

nights. It also entitles them to a food and beverage credit per room that can be used at its Crusoe’s Restaurant, Bamboo Lobby Bar and Splash Pool Bar. A stay of two paid nights entitles Bahamian guests to a $65 food and beverage credit, while three nights entitles guests to a $100 food and beverage credit.

Four or five nights entitles guests to a $150 food and beverage credit, and for a stay of six nights or more increases the credit to $200.

LONG ISLAND CHAMBER CHIEF HAILS ‘INCREDIBLE’ CRUISE VISIT

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net

LONG ISLAND’S Chamber of Commerce president has hailed the impact of Crystal Cruises’ first-ever visit to the island as “incredible”.

Cheryl de Goicoechea told Tribune Business: “Everybody was excited, everybody was eager to see the passengers come ashore and it was just a great atmosphere - lots of energy, good energy. Everybody was happy, everybody was excited.”

She said Long Island “needed” Crystal Cruises to select it as a port of call and provide the “exposure” that the island desperately requires.

“I’m hoping that, in the future, it will grow and turn into something even better, which might provide more opportunities for the local businesses to be able to provide things for the passengers, or maybe more vendors with more products and just stuff like that,” said Ms de Goicoechea.

Long Island is one of the stops selected

by Crystal Cruises for its Luxury Bahamas Escapes Cruises through The Bahamas’s island chain.

Other ports of call on the week-long voyages, which began on July 3 and will last until November, include Exuma and San Salvador.

Both Harbour Island and Spanish Wells were dropped as destinations due to local opposition, while Cat Island proved unfeasible due to the lack of a deep water drop-off point. While Bimini has also been

selected as a port of call, the Crystal Serenity will not be calling for the foreseeable future due to the island’s latest COVID-19 outbreak.

Meanwhile, Long Island vendors including preservative and handcrafted souvenir makers were present to greet Crystal Cruises passengers when they disembarked.

Vendors Ms de Goicoechea said: “There were about six vendors that were selling their products that I could see. There’s a young man on the island that has lots of beautiful woodwork that he makes, from cutting boards and wine holders and coasters and all kinds of beautiful woodwork.

“Then there’s incredible straw work.

There was a lady there with lots of beautiful handbags, and there were a lot a lot of exquisite shell decorations that were made by another gentleman from the north end of the island.”

Ms de Goicoechea added: “I feel like everybody present, and the majority of Long Islanders, are happy that it finally happened. It’s just a historical event. Hopefully it will continue and we can see our island grow a little because it’s been stagnant here for a long, long time.

“I know a lot of people would like it to remain the way it is, but the people living on the island need some income and, without growth, we will remain stagnant.”

SAN SALVADOR ‘IMPRESSED’ WITH CRYSTAL VISIT

By YOURI KEMP Tribune Business Reporter ykemp@tribunemedia.net’

A SAN SALVADOR business owner yesterday said she was “impressed”

by how Crystal Cruises guests were treated when they visited the island last week.

Allison Mortimer, coowner of J’s Discount in San Salvador, told Tribune Business she had a “great time” when passengers from the cruise line’s Crystal Serenity vessel made their inaugural call on the island last week.

Ms Mortimer said: “We had them all under a big tent, where we had ten vendors for the guests.

Then they had a beach set-up for the guests with chairs and umbrellas. They had a guy selling coconuts and a conch salad stand.

They had two different bar stands serving local drinks. It was really well organised.

“The tour operators took them to various sites around the island. I know the tour people made some money because everybody wanted to go on a tour of

the island. We have a place called High Cay on the eastern side of the island that has a lagoon tour and there’s a beautiful beach in the back there.”

Ms Mortimer said she joined the tour with the guests, adding: “I didn’t even work, I stayed the entire time having a good time.

“There was no garbage left behind by the guests either.

“They had waiters and waitresses waiting around ready to collect empty bottles and cups while they were relaxing. We didn’t have any problems with garbage at all.”

“Everything was organised and in place.

“We had adequate sanitising stations when they came off of the ship, they had sanitising stations when they got to their appointed locations. They had everything well put together.”

THE TRIBUNE

Wednesday, July 14, 2021, PAGE 5

UNION CHIEF: WORKERS NOT FEELING TOURISM’S REBOUND FROM PAGE ONE there is a disconnect between the rebound in stopover visitor numbers, as cited by Dionisio D’Aguilar, minister of tourism and aviation, and the resort industry itself and the pace at which hotel and tourism staff are being recalled to work.

Mr D’Aguilar last week said he was targeting one million stopover visitors for the 2021 full-year, along with the goal of returning the tourism industry to 80 percent of pre-COVID capacity by the 2022 first quarter. Foreign visitors, based on the purchase of 131,000 health travel visas in June, were 30 percent below the 187,029 that visited The Bahamas in the same month during June 2019.

And, while Atlantis and Baha Mar terminated 700 and 1,100 staff, respectively, due to COVID-19’s devastating economic impact, both have indicated that current visitor booking pace is outstripping 2019.

Baha Mar, which is nonunionised, recently said all 3,500-plus workers have now been recalled and not a single one is on furlough after running occupancies of over 75 percent during US Independence.

Atlantis, for its part, has recalled similar worker numbers and revealed in late June that it will operate at “close to 90 percent occupancy” over the next few weeks. Resort industry employment, meanwhile, has also been impacted by the continued closure of resort properties such as Sandals Royal Bahamian and Melia Nassau Beach, although the former is due to re-open in early 2022.

Mr Woods, meanwhile, said the union was now working to ensure that hotels are “fairly” rotating work days between members who have been recalled as it waits for the industry to completely re-open.

Expressing hope that there is sufficient pent-up travel demand to enable The Bahamas to avoid the traditionally slower months of September and October this year, the hotel union president said those remaining on furlough could soon be confronted with the end of unemployment benefits come September 2021 if the Government does not renew its COVID-19 Emergency Powers Order.

“We’re hoping and praying it will be opened up sufficiently so that the remaining people are able to go back to work,” Mr Woods told Tribune Business. “We

want to see a build-up on what the resorts have. If they get to 50-60 percent recalled that will be good, and if we get to 75 percent we will definitely have the majority of people recalled as opposed to the majority of people at home.

“It is very concerning.

Again, if you look at the hospitality industry as a whole - and I am not just talking hotel workers, I’m talking hair braiders and jet ski operators - they’re the main thread that goes through this economy, touching everything.

“If this main thread is cut off, things will fall apart.

You’ll see the closure of smaller entities - not the conglomerates, as they have more resources to tap into but the corner convenience store will not be able to hold on much longer without that thread running through it.”

Suggesting that Americans will continue to travel to The Bahamas regardless of whether this country has achieved mass vaccination or not, Mr Woods said the resort industry would be unable to operate with lower staffing levels - effectively ‘do more with less’ - once tourist numbers return to pre-pandemic levels.

“If you have ‘x’ visitors then you need ‘x’ people to service them,” he explained.

“If you operate with less people you will have guest complaints because you are not able to service them in a timely manner. When the numbers become overwhelming you will have no choice but to bring people back to work or suffer the consequences of guests complaining.”

Mr Beckford meanwhile, recalling former Atlantis colleagues who have either been terminated or furloughed, said: “If Atlantis is running occupancies at 90 percent, why not bring all your workers back? There are still hundreds of furloughed hotel workers at home. I could see that if your occupancies are not good, but if you are running at 90 percent why do you have so many still furloughed?

“More should be called back. Many are calling me and saying ‘Atlantis needs to call me back or make me redundant’. If business is not good I can understand that, but if you’re running at 90 percent occupancies why are these workers still home?

“They don’t have any income. I don’t understand the logic behind it. I don’t get it.”

FROM PAGE ONE regular conversations, my team and I, with Disney, Mediterranean Shipping Company (MSC), Royal Caribbean, Carnival and Norwegian.

“We’re talking to these cruise lines every day. Today, when we spoke to Disney, they said they will start their cruises to The Bahamas during the first week of August. We will also have MSC ramping up, we’ll have Carnival starting up. On August 6 we expect Carnival’s new ship, the Mardi Gras, which they have highlighted as a business first because it is a liquefied natural gas (LNG) cruise ship.

“Royal is continuing to pile the ships on us. Norwegian Cruise Line will not start as fast as the other lines, but we expect to see them around October this year. The business is solid, and we are able to manage it through our construction and various pier works.”

Mr Maura said dredging around the northernmost pier extension, which will accommodate the world’s largest cruise ships, is due to begin the week after next as part of Prince George Wharf’s $250m redevelopment.

Dredging on the eastern end of two other berths will also take place, with the move also re-opening the channels to nearby marinas used by visiting mega yachts.

CRUISE PORT EYES 1M VISITORS BY END-2021

MICHAEL MAURA “What we’re hearing on passenger volumes on these vessels is that as the cruise lines are sailing, and becoming more confident with their health protocols and testing regimes, they will be organising to build occupancy on their ships,” he reaffirmed.

“While we started with 30 percent with Royal, which is most of the business today, you will find that it will climb very quickly to the 75 percent level and then, at year-end, reach to 100 percent occupancy. They are forecasting with a high degree of confidence that by the end of the year they’ll be at 100 percent.

“They’re telling me that as recently as last week.

That objective has been pretty consistent over the

last couple of months. That’s very good from an economic perspective and Bay Street perspective. Our retail business volumes downtown are still light. We are seeing tourists walking down Bay Street but we are still a ways off from the 2019 numbers that we so enjoyed.”

Mr Maura, meanwhile, praised the Government for taking “the responsible action” in removing the requirement for cruise passengers sailing from Florida to first purchase and be approved for a health travel visa. He explained that its purchase, and that of the insurance that comes with it, was unnecessary because the cruise lines were dealing with all COVID issues and associated costs that arose on-board.

“Our reality is that we are not the only country that these cruise lines include in their itinerary,” the Nassau Cruise Port chief explained.

“While we may have persons that feel why do I as a Bahamian, Michael Maura for example, have to complete a health visa when coming home and a foreign visitor on a ship does not, if Michael Maura as a Bahamian wants to take a cruise and has to pay for a health visa for every country he has to visit in that itinerary, I’d likely not take that cruise because it’s cost

prohibitive.

“The Government, in my view, has not waived the health requirements whether you are fully vaccinated or have to take a PCR test. The Government has said that provided the cruise lines agree to underwrite 100 percent of the health issues on the ship, purchasing the health visa does not make sense as you are paying for insurance on top of what the cruise lines are doing at the same time.

“We need these tourists to come and visit The Bahamas. I think it’s a responsible action that has been taken, and it does not pose a risk to us. Over 90 percent of visitors coming by way of cruise have been vaccinated.”

Mr Maura said Nassau Cruise Port had worked with the Nassau Airport Development Company (NAD), Baha Mar, British Colonial Hilton and tour operators and taxi drivers to “work out a lot of the kinks and the bugs in the process” of home porting.

He added that Royal Caribbean, in particular, had praised its home porting experience to-date and “shared a comment that it’s easier to do business in The Bahamas.

“It’s really nice to hear that on the maritime side of things, and Royal felt we did it extremely well”.

LEGAL NOTICE International Business Companies Act (No. 45 of 2000)

Rio Verde Investment Fund Ltd. (the “Company”)

In Voluntary Liquidation Notice is hereby given that, in accordance with Section 138 (4) of the International Business Companies Act, (No.45 of 2000), Rio Verde Investment Fund Ltd. (the “Company”) is in Dissolution. The date of commencement of the Dissolution is 8th July, 2021.

Julio Ismael Piñero Ferro is the Liquidator and can be contacted Jose Zorrilla 55, Apto 202, 11300, Montevideo, Uruguay. All persons having claims against the above-named Company are required to send their names, addresses and particulars of their debts or claims to the Liquidator before the 6th August, 2021.

Julio Ismael Piñero Ferro Liquidator LEGAL NOTICE International Business Companies Act (No. 45 of 2000)

BIRKA INTERNATIONAL LTD. (the “Company”)

In Voluntary Liquidation

Notice is hereby given that, in accordance with Section 138 (8) of the International Business Companies Act, No.45 of 2000, the Dissolution of BIRKA INTERNATIONAL LTD. [IBC №.

169140 (B)] has been completed, a Certificate of Dissolution has been issued and the Company has therefore been struck off the Register. The date of completion of the dissolution was the 21st day of July 2021.

Alexandre Paulo Germano Liquidator

GN-2573

PAGE 8, Wednesday, July 14, 2021

THE TRIBUNE

BAHA MAR BUILDER SEEKS BAHAMIAN JUDICIAL ASSISTANCE FROM PAGE ONE

liquidator worked with Baha Mar’s lender, the China Export-Import Bank, and Deloitte & Touche, in their capacity as the mega resort’s former receiver/ managers, to preserve records relating to 24 companies under the Baha Mar umbrella.

Those records, CCA added, were “now stored at Sunryse Information Management’’s storage facility, believed to be located at 1000 Bacardi Road, Nassau, New Providence, The Bahamas”.

It added: “The joint official liquidators are believed to be in possession, custody or control of documents that are material and necessary to defendants’ claims and defenses in these New York proceedings.

“In particular, defendants seek documents relating to Baha Mar’s finances in order to evaluate the appropriateness of its expenditures throughout the project, along with e-mail communications and

other electronically stored information regarding the project.

“Access to these documents is particularly important given that Baha Mar Properties (Mr Izmirlian’s vehicle) has

indicated that the ‘scope of documents available’ to it in the normal course of discovery is ‘severely limited” because the liquidators and/ or receiver/managers, pursuant to lawful Bahamian court order, took possession

of the ‘[Bahamar.com email domain, and computer servers, databases and physical documents ... in 2015’.”

The CCA move is the latest twist in the ongoing legal battle sparked

by Mr Izmirlian’s $2.25bn fraud and breach of contract claim against CCA for losing ownership of Baha Mar. He is asserting “15 causes of action based on alleged breach of contract, alleged breach of the implied covenant of good faith and fair dealing, and alleged fraud relating to the timeliness of completion of the project”.

Some observers are likely to view CCA’s bid for Bahamian judicial assistance as little more than a so-called ‘fishing expedition’ seeking to support its claim that Mr Izmirlian and his team “mismanaged the project’s

finances and the release of design information, resulting in delays and cash flow problems on the project”.

However, should CCA’s bid under the Evidence (Proceedings in Other Jurisdictions) Act succeed, it would be represented before the Supreme Court by the Attorney General’s Office.

Mr Rahming, in an April 9, 2018, affidavit, revealed that the records of the 24 Baha Mar companies were contained in around 2,900 boxes.

He added that Sunryse Information Management had been hired “to organise, pack and index these records” which were to be kept at its storage facility following an agreement between the liquidators and the Deloitte & Touche receiver/managers.

LEGAL NOTICE

NOTICE ARNICA INVESTMENTS INC. In Voluntary Liquidation Notice is hereby given that in accordance with Section 138(4) of the International Business Companies Act. 2000, ARNICA INVESTMENTS INC. is in dissolution as of July 9th, 2021.

International Liquidator Services Ltd. situated at 3rd Floor Withfield Tower, 4792 Coney Drive, Belize City, Belize is the Liquidator.

LIQUIDATOR ______________________

LEGAL NOTICE

NOTICE SUMMIT STAR HOLDINGS LIMITED N O T I C E IS HEREBY GIVEN as follows: (a)

SUMMIT STAR HOLDINGS LIMITED in voluntary dissolution under the provisions of Section 138 (4) of the International Business Companies Act 2000.

(b)

The dissolution of the said company commenced on the 6th July, 2021 when the Articles of Dissolutionwere submitted to and registered by the Registrar General.

(c)

The Liquidator of the said company is Bukit Merah Limited, The Bahamas Financial Centre, Shirley & Charlotte Streets, P.O. Box N-3023, Nassau, Bahamas

Dated this 14th day of July, A. D. 2021 _________________________________ Bukit Merah Limited Liquidator

THE TRIBUNE

Wednesday, July 14, 2021, PAGE 9

‘FULL ACCOUNTING’ DEMANDED BY OIL OPPONENTS FROM PAGE ONE

outstanding to the Government of The Bahamas..... With this letter we reiterate our request for copies of all licence agreements, reports, information, logs, as well as BPC’s full certificate(s) of insurance.

“We also reiterate our prior request for information on the ‘minimum requirements’ of insurance that were required of Challenger Energy Group during this drilling operation,” Our Islands, Our Future added.

“Please also transmit all drilling reports, communications, compliance and safety observations, drilling results data and analysis, and any information in government possession regarding potential or actual environmental impacts of the activities associated with Challenger’s

Perseverance One well.”

Calling for “a full and detailed public accounting of all fees paid by Challenger to the Government of The Bahamas over the last two decades”, Our Islands, Our Future added: “It is of grave public concern that Challenger has a history of non-payment.....

“Finally, we seek overarching details of the renewal process Challenger or any other entity will be subjected to should they pay their back-owed Government fees.

“Specifically, has the Government provided Challenger a deadline for payment of the outstanding fees?”

After failing to obtain a response to the first two Freedom of Information Act requests, the first of which was made six months ago, Rashema Ingraham, executive

director of Waterkeepers Bahamas, said in a statement: “We have raised very important points and asked specific questions related to the BPC licence agreements, drilling and monitoring reports and licence fees owing to the Bahamas Government.

“All of these are matters of public interest that should be addressed. The Information Commissioner now has the task of being completely transparent and timely in his response to the Bahamian people.”

“The public is deeply

concerned about the insurance coverage that was reported in place for the drilling of the Perseverance One well off the west coast of Andros because of the threat to our tourism industry and the potential impacts to fishing,” added Casuarina McKinney-Lambert, the Bahamas Reef Environment Educational Foundation (BREEF) executive director.

“It is imperative that the public have access to the financial realities of oil drilling in our waters.”

CARNIVAL’S GB PORT TO DOUBLE ARRIVALS TO 1M FROM PAGE ONE pushed back by at least two years due to a combination of COVID-19 and the wait for the necessary permits and approvals.

However, the upcoming EIA consultation indicates that Carnival has not given up on its Grand Bahama ambitions and is still seeking to move forwards.

This was indicated to Tribune Business earlier this year by Giora Israel, the cruise group’s senior vice-president for port and destination development, who said that while plans may have been “delayed slightly” construction on what he termed the “crown jewel” could still start this year.

Tourism Economics said Carnival’s new port would increase Grand Bahama calls by the cruise line’s ships by 26 percent annually to more than 250, as opposed to the 200 arrivals in 2019 pre-COVID. The new facilities will also be able to berth larger ships, and accommodate “two Super-Post Panamax ships at a time with up 6,000 passengers each”.

“In 2019, Carnival brand ships brought nearly 500,000 passengers to Grand Bahama, and plans include boosting this volume to one million by 2025, a 100 percent increase over current levels,” the analysis said.

“Along with more volume of cruise passengers comes on-shore

visitor spending, which supports Bahamian jobs and income.

“By 2025, new incremental onshore spending is expected to amount to more than $68m over the baseline forecast.”

Given the COVIDrelated and other delays, the ambition to bring one million passengers to Grand Bahama is likely to have been pushed back from 2025 to at least 20272028. “In.....the first year of operations, passengers are expected to spend $146 per person on shore, with most spending coming in retail, followed by recreation and food,” Tourism Economics added.

“Crews are expected to spend B$61 on average, primarily on food and beverage, followed by retail..... The new port facilities will include retail and food and beverage locales that will promote a uniquely Bahamian experience and local brands.

“The various dining options are expected to provide up to 10,000 meals within a two-hour timeframe, and will be located throughout the property to avoid congestion. These retail and dining locales are expected to employ up to 500 workers.”

The economic impact assessment disclosed that Carnival will receive $74.7m worth of real property tax exemptions over the first years of the project’s operations, along

PUBLIC NOTICE

INTENT TO CHANGE NAME BY DEED POLL The Public is hereby advised that I, ROWTRA ROXANNA SIMMONS of #9 Cobia Place, Lucaya Freeport, Grand Bahama intend to change my name to ROWTERA ROXANNA SIMMONS. If there are any objections to this change of name by Deed Poll, you may write such objections to the Chief Passport Officer, P.O.Box N-742, Nassau, Bahamas no later than thirty (30) days after the date of publication of this notice.

NOTICE

NOTICE is hereby given that SHANAY PARKINSON of P. O. Box EE-17947, Charles Saunders Highway, New Providence, Bahamas is applying to the Minister responsible for Nationality and Citizenship, for registration/ naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 7th day of July, 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, Bahamas.

NOTICE NOTICE is hereby given that CELINA DORCEUS, of Finlayson Street, Nassau, The Bahamas applying to the Minister responsible for Nationality and Citizenship, for Registration Naturalization as a citizen of The Bahamas, and that any person who knows any reason why registration/naturalization should not be granted, should send a written and signed statement of the facts within twenty-eight days from the 7th day of July 2021 to the Minister responsible for nationality and Citizenship, P.O. Box N-7147, Nassau, New Providence, The Bahamas.

with $20.1m of tax breaks during the construction phase.

However, Tourism Economics argued that this $94.8m would be far offset from future tax earnings generated by departure taxes, VAT, National Insurance contributions and other revenue sources totalling a collective $362.7m over the same period.

“Net incremental benefits to the economy would include a total of $363m (in constant B$2019) generated in government revenue over a 23-year time horizon,” it added. “Government concessions would tally $94.8m in B$2019. Government revenues exceed concessions by a factor of 3.8. The total project GDP impact would exceed concessions by a factor of 16.3.”

Over a 20-year period, Oxford Economics forecast that Carnival’s Grand Port will boost Bahamian gross domestic product by $1.4bn and generate $613m in additional income.

MARKET REPORT www.bisxbahamas.com

TUESDAY, 13 JULY 2021

BISX ALL SHARE INDEX:

CLOSE

CHANGE

1957.93

3.35

%CHANGE

YTD

YTD%

0.17 -134.53

-6.43

(242) 323-2330 (242) 323-2320

BISX LISTED & TRADED SECURITIES 52WK HI 6.50 33.95 1.62 2.90 1.78 6.00 6.96 3.60 5.10 3.90 6.16 12.00 2.71 7.76 10.71 9.55 14.44 4.10 8.97 16.00

52WK LOW 3.13 22.65 1.46 1.62 1.43 5.00 6.00 2.70 4.25 2.47 5.00 9.75 2.10 5.10 9.50 8.35 13.00 3.42 8.00 15.20

PREFERENCE SHARES 1.00

1.00

1000.00 1000.00 1000.00 1000.00

1000.00 1000.00 1000.00 1000.00

1.00 10.00 1.00

1.00 10.00 0.90

SECURITY AML Foods Limited APD Limited Benchmark Bahamas First Holdings Limited Bank of Bahamas Bahamas Property Fund Bahamas Waste Cable Bahamas Commonwealth Brewery Commonwealth Bank Colina Holdings CIBC FirstCaribbean Bank Consolidated Water BDRs Doctor's Hospital Emera Incorporated Famguard Fidelity Bank Bahamas Limited Focol Finco J. S. Johnson

SYMBOL AML APD BBL BFH BOB BPF BWL CAB CBB CBL CHL CIB CWCB DHS EMAB FAM FBB FCL FIN JSJ

Bahamas First Holdings Preference Cable Bahamas Series 6 Cable Bahamas Series 8 Cable Bahamas Series 9 Cable Bahamas Series 10 Colina Holdings Class A Fidelity Bank Bahamas Class A Focol Class B

BFHP CAB6 CAB8 CAB9 CAB10 CHLA FBBA FCLB

CORPORATE DEBT - (percentage pricing) 52WK HI 100.00 100.00

52WK LOW 100.00 100.00

115.92 100.00 100.00 100.00 100.00 100.00 100.00 102.00 96.68 100.00 100.95 100.53 100.30 100.62 100.70

104.79 100.00 100.00 100.00 100.00 100.00 100.00 100.00 96.68 93.28 100.95 100.29 100.05 100.62 100.46

SECURITY Fidelity Bank (Note 22 Series B+) Bahamas First Holdings Limited

1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

CLOSE 6.40 39.95 1.60 2.61 1.44 6.00 6.96 3.53 5.00 2.48 5.95 10.20 2.41 7.75 11.17 9.55 13.99 3.99 8.30 15.50

CHANGE 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.00 0.00 0.00 0.06 0.00 (0.04) 0.00 0.00 0.00 0.00 0.00

1.00 1000.00 1000.00 1000.00 1000.00 1.00 10.00 1.00

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

SYMBOL FBB22 BFHB

LAST SALE 100.00 100.00

CLOSE 100.00 100.00

CHANGE 0.00 0.00

BAH29 BG0107 BG0207 BG0130 BG0230 BG0307 BG0330 BG0407 BSBGR1070360 BSBGR1321391 BSBGRS630211 BSBGRS700238 BSBGRS700246 BSBGRS770249 BSBGRS790262

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 97.16 100.00 100.19 100.27 100.05 100.62 100.72

107.31 100.00 100.00 100.00 100.00 100.00 100.00 100.00 97.16 100.00 100.19 100.27 100.05 100.62 100.72

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

BAHAMAS GOVERNMENT STOCK - (percentage pricing) Bahamas Note 6.95 (2029) BGS: 2014-12-7Y BGS: 2015-1-7Y BGS: 2014-12-30Y BGS: 2015-1-30Y BGS: 2015-6-7Y BGS: 2015-6-30Y BGS: 2015-10-7Y BGRS FX BGR107036 BGRS FX BGR132139 BGRS FL BGRS63021 BGRS FL BGRS70023 BGRS FL BGRS70024 BGRS FL BGRS77024 BGRS FL BGRS79026

LAST CLOSE 6.40 39.95 1.60 2.61 1.44 6.00 6.96 3.53 4.75 2.48 5.95 10.20 2.35 7.75 11.21 9.55 13.99 3.99 8.30 15.50

VOLUME

1,500 390

EPS$ 0.239 0.932 0.000 0.110 0.070 1.760 0.369 -0.438 0.140 0.184 0.449 0.722 0.102 0.467 0.646 0.728 0.816 0.203 0.939 0.631 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

VOLUME

400 400

DIV$ 0.170 1.260 0.020 0.030 0.000 0.000 0.260 0.000 0.000 0.120 0.220 0.720 0.434 0.060 0.328 0.240 0.540 0.120 0.200 0.610 0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

P/E 26.8 42.9 N/M N/M N/M N/M 18.9 -8.1 35.7 13.5 13.3 14.1 23.6 16.6 17.3 13.1 17.1 19.7 8.8 24.6

YIELD 2.66% 3.15% 1.25% 1.15% 0.00% 0.00% 3.74% 0.00% 0.00% 4.84% 3.70% 7.06% 18.01% 0.77% 2.94% 2.51% 3.86% 3.01% 2.41% 3.94%

0.000 0.000 0.000 0.000 0.000 0.000 0.000 0.000

0.00% 0.00% 0.00% 0.00% 0.00% 6.25% 7.00% 6.50%

INTEREST Prime + 1.75% 6.25%

MATURITY 19-Oct-2022 30-Sep-2025

6.95% 4.50% 4.50% 6.25% 6.25% 4.50% 6.25% 4.25% 5.40% 5.29% 4.81% 4.53% 4.56% 4.50% 4.53%

20-Nov-2029 15-Dec-2021 30-Jul-2022 15-Dec-2044 30-Jul-2045 26-Jun-2022 26-Jun-2045 15-Oct-2022 26-Aug-2036 15-Oct-2039 12-Dec-2021 29-Jul-2023 29-Jul-2024 4-May-2024 28-Mar-2026

MUTUAL FUNDS 52WK HI 2.43 4.47 2.17 202.18 190.86 1.69 1.81 1.78 1.12 8.58 10.26 7.35 14.59 12.84 10.31 10.00 10.43 14.89

52WK LOW 2.11 3.30 1.68 164.74 116.70 1.67 1.73 1.75 1.03 6.41 7.62 5.66 8.65 10.54 9.57 9.88 8.45 11.20

FUND CFAL Bond Fund CFAL Balanced Fund CFAL Money Market Fund CFAL Global Bond Fund CFAL Global Equity Fund Leno Financial Conservative Fund Leno Financial Aggressive Fund Leno Financial Balanced Fund Leno Financial Global Bond Fund Royal Fidelity Bahamas Opportunities Fund - Secured Balanced Fund Royal Fidelity Bahamas Opportunities Fund - Targeted Equity Fund Royal Fidelity Bahamas Opportunities Fund - Prime Income Fund Royal Fidelity Int'l Fund - Equities Sub Fund Royal Fidelity Int'l Fund - High Yield Fund Royal Fidelity Int'l Fund - Alternative Strategies Fund Colonial Bahamas Fund Class D Colonial Bahamas Fund Class E Colonial Bahamas Fund Class F

NAV 2.43 4.47 2.17 202.18 190.86 1.69 1.75 1.76 1.03 8.58 10.14 7.35 14.59 12.64 9.99 N/A 10.43 14.89

YTD% 12 MTH% 1.85% 4.26% 0.77% 1.44% 1.14% 2.84% 0.14% 5.02% 3.25% 31.13% 1.04% 0.20% -2.27% -3.15% -0.08% -0.57% -1.94% -3.33% 1.14% 4.22% 1.09% 3.04% 1.01% 4.65% 4.93% 42.27% -1.56% 0.80% -0.60% -4.90% N/A N/A 3.00% 25.60% 7.90% 48.70%

NAV Date 31-May-2021 31-May-2021 28-May-2021 31-Mar-2021 31-Mar-2021 31-May-2021 31-May-2021 31-May-2021 31-May-2021 28-Mar-2021 28-Mar-2021 28-Mar-2021 28-Mar-2021 28-Mar-2021 28-Mar-2021 31-Mar-2021 31-Mar-2021 31-Mar-2021

MARKET TERMS BISX ALL SHARE INDEX - 19 Dec 02 = 1,000.00 52wk-Hi - Highest closing price in last 52 weeks 52wk-Low - Lowest closing price in last 52 weeks Previous Close - Previous day's weighted price for daily volume Today's Close - Current day's weighted price for daily volume Change - Change in closing price from day to day Daily Vol. - Number of total shares traded today DIV $ - Dividends per share paid in the last 12 months P/E - Closing price divided by the last 12 month earnings

YIELD - last 12 month dividends divided by closing price Bid $ - Buying price of Colina and Fidelity Ask $ - Selling price of Colina and fidelity Last Price - Last traded over-the-counter price Weekly Vol. - Trading volume of the prior week EPS $ - A company's reported earnings per share for the last 12 mths NAV - Net Asset Value N/M - Not Meaningful

TO TRADE CALL: CFAL 242-502-7010 | ROYALFIDELITY 242-356-7764 | CORALISLE 242-502-7525 | LENO 242-396-3225 | BENCHMARK 242-326-7333

PAGE 12, Wednesday, July 14, 2021 THE TRIBUNE

Friday, July 9, THE 2021,TRIBUNE PAGE 9

STOCKS EASECELLPHONE BELOW RECENT RECORDS FCC TO MULL BLOCKING OPTIONS FOR STATE PRISONS AS EARNINGS REPORTS ROLL IN SOUTH CAROLINA Associated Press

FEDERAL regulators are

By DAMIAN J.allowing TROISE and considering state ALEX VEIGA prisons across the country AP Business Writers options more technological

toSTOCKS combatgave contraband up early cellphones, gains and closedwhich broadlyprison lower officials as have long said repTuesday investors weighed resent thequarterly greatest earnings security the latest threat behind bars. reports from big U.S. companiesThe andFederal new data pointing to Communicarising tions inflation.

Commission plans on The S&P 500 fell “taking 0.4%, Tuesday to discuss with of the contraband companies stepsmost to combat inwireless the benchmark losing devicesindex in correcground.

Banks, industrial tional facilities”, according stocks and companies that to anon online meetingspending agenda rely consumer that was first reported accounted for a big share by of Thedecline.

Associated Press. stocks the Technology The commission is not bucked the trend, helping

working successfully, along Carolina inmates died in the with its members compa- deadliest US prison riot in nies” on “ceasing service years, a gang fight officials to contraband devices pur- said began over territory suant to court orders they and contraband including have obtained”. cellphones.

There’s been other evoCongress has mulled jamlution on the issue. In 2008 ming legislation, but no bills and again in 2019, South have been signed into law.

Carolina got federal permisFCC hasfloorshown TRADER Jonathan Mueller works inThe his booth on the of the sion to conduct jamming New York Stock Exchange, Tuesday.

(AP Photo/Richard Drew) willingness to work on eradtests at two maximum-secuLabor Department said icating Much prison of the cellphones, increase in rityThe prisons. field such hearing in Tuesday thatStirling prices testified for U.S. holding prices fora goods, as used In 2017, consumers jumped in June by cars, is mostly tied to a surge South Carolina and hosting at a FCC hearing in Washthe most in 13 years, extend- meetings in demandwith and lack of supply. members of ington alongside Robert ing a run of higher inflation Congress, But prices for many items, like prisons officials Johnson, a former South that has been raising concerns and lumber and other raw materistakeholders from the Carolina corrections officer on Wall Street that the Fed als, either is easing or will ease wireless industry. nearly killed in 2010 in a hit might consider withdrawing as suppliers continue to ramp praised orchestrated by rate an inmate its low-interest policies upYesterday, operations,Stirling said Jamie Cox, for the progress, using an illegal A leadership and scaling back itsphone. bond purmanaging partner at Harris year seven South so far. chases later, earlier than expected.

Financial Group.

to crack down on contraband cellphones, thousands of which are confiscated in prisons every year, smuggled today where we see another inside hollowed-out foothigh print.” balls, whisked in by corrupt The S&P and 500 sometimes fell 15.42 employees points to 4,369.21. even dropped by drone. The Dow Jones Industrial Averand other107.39 state prisons ageHedropped points, directors have advocated for or 0.3%, to 34,888.79. The the ability to jam the tech-heavy Nasdaq slidsignals 55.59 entirely, points, ortherefore 0.4%, torendering 14,677.65, the illicit phones2000 useless, but while the Russell index of smallernotcompanies lost 42.96 that’s allowed under curpoints, or 1.9%, rent federal law.to 2,238.86.

Inflationa has been industry a lingerCTIA, wireless ing concern for thejamming, markets group, opposes as investors try to gauge how saying it could thwart legal it will impact everything from calls.

But, according to a the economic recovery’s tra2020 FCC document, CTIA jectory to what actions the “recently reported Federal Reserve will to takethe to Commission that it has been tackle it.

says is in the right direction — although shy of the out-and-out cellphone jamming he’s called for. Stirling translate prices for yearsinto hashigher spoken out for on consumer goods. the dangers posed by the The latest reportinto frominstithe devices smuggled Labor Department showed tutions by the thousands, yet another increase in consumer “I’m encouraged that the prices in June that surprised commissioners are voting on economists. this very important public “You rule,” had Stirling the element safety told of just incredible earnings AP yesterday. “If it passes, reported for the most recent I believe this has the potenquarter, but in some of the tial to makethat ourcame prisons, commentary out our states ourquestions country there were and some safer.” ‘OK, what about cost about, Stirlinggoing has forward?” been at said the pressures forefront of an effort corAlan McKnight, chief by investrections directors across the ment officer at Regions Asset country to call for the Management.

“Then youabilpair ity towith usethe more technology that inflation report

expected to address outand-out cell signal jamming, something corrections officials say would help counter some of the broader them render contraband slide.

Small company stocks phones useless to inmates, took of the heaviest who some use the devices for losses. unfettered, unmonitored The pullback brought the communication. major stock the indexes slightly Instead, mechanism below record they being the mulled by highs regulators set a day earlier.

Treasury would allow officials to use yields rose. technology at state prisons Investors sized up mixed to identify specific contraquarterly earnings reports bandGoldman phones being by from Sachs,used JPMorinmates, then send that gan Chase, PepsiCo and other information cell carriers, big companies.toThey also got who could shutofthe another snapshot howsignals infladown. tion continues to show up in a step thata South theThat’s economy as the rapid Carolina Corrections spike in consumer demand Directorsupply Bryan constraints Stirling and

THE WEATHER REPORT

5-D 5-Day ay FForecast orecast

TODAY

ORLANDO ORLANDO

High: High:86° 90°F/30° F/32°CC Low: Low:74° 73°F/23° F/23°CC

TAMPA TAMPA

TONIGHT

THURSDAY SATURDAY

FRIDAY SUNDAY

SATURDAY MONDAY

Partly sunny and Pleasant with some breezy sunshine

Partly Partly cloudy cloudy with with aa shower shower late late

Sunny intervals, A shower in the a shower;some breezy morning; sun

A shower; breezy Partly sunny, a in the morning shower; breezy

Breezy with shower Sunshine andapassing in the morning clouds

Breezy in the morning Cloudy, a shower with a shower possible; breezy

High: High: 89° 90°

Low: Low: 78° 79°

AccuWeather RealFeel AccuWeather RealFeel

AccuWeather RealFeel RealFeel AccuWeather

AccuWeather RealFeel RealFeel AccuWeather

AccuWeatherRealFeel RealFeel AccuWeather

AccuWeather AccuWeather RealFeel RealFeel

AccuWeather AccuWeather RealFeel RealFeel

83° 86° FF

99° FF 100°

High: High:90° 90°F/32° F/32°CC Low: Low:76° 78°F/24° F/26°CC

High: 89° 88° High: Low: 79° 79° Low:

High: 89° 88° High: Low: 79° 78° Low:

97°-83° FF 99°-83°

97°-83° FF 97°-82°

ABACO ABACO

S S

N N

High: 87° 86° F/31° F/30° CC High: Low: 80° 80° F/27° F/27° CC Low:

10-20 knots 6-12 knots

FT. FT. LAUDERDALE LAUDERDALE

High: 90° F/32° C Low: 79° F/26° C Low: 79° F/26° C

S S

10-20 knots 7-14 knots

FREEPORT FREEPORT

High: 87° F/31° C High: 88° F/31° C Low: 78° F/26° C Low: 79° F/26° C

S S

High: 88° F/31° C High: 88° F/31° C Low: 77° F/25° C Low: 78° F/26° C

MIAMI MIAMI

High: 88° F/31° C High: 90° F/32° C Low: 78° F/26° C Low: 78° F/26° C

8-16 knots 6-12 knots

High:89° 89° High: Low:79° 78° Low: 99°-84°FF 97°-86°

98°-82° FF 99°-83°

NASSAU NASSAU

E E

W W

High:81° 89°F/27° F/32°CC Low: Low: 81° F/27° C

Shown is today’s weather. Temperatures are today’s Shown is today’s Temperatures highsweather. and tonight’s lows. are today’s highs and tonight’s lows.

S S

ANDROS

uV iinDex nDex ttoDay oDay uV

TM Thehigher higherthe theAccuWeather AccuWeatherUV UVIndex Index number,the the TM The number, greaterthe theneed needfor foreye eyeand andskin skinprotection. protection. greater

iDes For For nnassau assau ttiDes High High

10-20 knots 10-20 knots

ANDROS High: 88° F/31° C High: 88° F/27° F/31° CC Low: 80° Low: 80° F/27° C

5:42a.m. a.m. 0.4 0.3 2:25 5:44p.m. p.m. 0.2 0.4 2:07 6:25a.m. a.m. 0.3 0.3 3:04 6:38p.m. p.m. 0.2 0.5 2:48

Friday Sunday

7:11 a.m.

3:44 a.m.

7:38 p.m.

3:29 p.m.

8:02 a.m.

4:22 a.m.

8:42 p.m.

4:11 p.m.

8:57 a.m.

5:02 a.m.

9:49 p.m.

4:56 p.m.

9:55 a.m.

5:42 a.m.

10:56 p.m.

5:44 p.m.

10:55 a.m.

6:25 a.m.

11:59 p.m.

6:38 p.m.

12:45 a.m.

9:29 a.m.

1:25 p.m.

9:52 p.m.

1:38 a.m.

Saturday 10:11 a.m.

Monday 2:24 p.m.

10:32 p.m.

Sunday 2:36 a.m.

Tuesday 10:54 a.m.

3:25 p.m.

11:13 p.m.

Monday 3:38 a.m.

Wednesday 11:40 a.m.

4:27 p.m.

11:57 p.m.

Tuesday 4:42 a.m.

Thursday 12:31 p.m.

5:28 p.m.

-----

0.2 0.3 0.6 0.2 0.2 0.3 0.6 0.3 0.1 0.3 0.6 0.4 0.0 0.3 0.5 0.4 -0.1 0.3 0.3 0.5

10:40 a.m.

5:53 a.m.

11:35 p.m.

8:06 p.m.

First New

Full First

Last Full

New Last

Jul. 17 Jul. 9

Jul. 23 Jul. 17

Jul. 31 Jul. 23

Aug. 8 Jul. 31

High: Low:87° 78°F/31° F/26°CC Low: 79° F/26° C

High: Low: 86° 80° F/30° F/27° CC Low: 80° F/27° C

N N E E S S

10-20 knots 10-20 knots

High: Low: 87° 79° F/31° F/26° CC Low: 80° F/27° C

H

6:29 a.m. Moonrise 6:27 a.m. Moonrise 8:02 p.m. Moonset 8:03 p.m. Moonset

SAN SALVADOR SAN High:SALVADOR 86° F/30° C

LONG ISLAND LONG ISLAND High: 86° F/30° C Shown is today’s Shown is today’s weather. Temperatures weather. Temperatures are today’s highs and are today’s highs and tonight’s lows. tonight’s lows.

2.9 2.4 2.8 3.2 2.8 2.5 2.9 3.2 2.7 2.5 3.1 3.1 2.6 2.6 3.2 3.0 2.6 2.7 3.4 -----

un anD anD m moon oon ssun

Sunrise Sunrise Sunset Sunset

W W

ttracking map racking map

Ht.(ft.)

Ht.(ft.)

11:40a.m. a.m. 2.3 2.6 8:07 11:57p.m. p.m. 3.1 3.0 8:34 Thursday 12:31 p.m. 2.7 Saturday 8:48 a.m.

2.3 ----9:13----p.m.

3.2

High: Low: 87° 79° F/31° F/26° CC Low: 80° F/27° C

GREAT EXUMA GREAT High: 85°EXUMA F/29° C

Ht.(ft.) Low Low Ht.(ft.)

Today Today

CAT ISLAND ISLAND CAT High: 85° F/29° C

E E

W W

8-16 knots 10-20 knots

Forecasts and graphics provided by Forecasts and graphics provided by AccuWeather, Inc. ©2021 AccuWeather, Inc. ©2021

High: 86° F/30° C High: 87° F/31° C Low: 79° F/26° C Low: 80° F/27° C

N N

S S

Statistics are are for for Nassau Nassau through through22p.m. p.m.yesterday yesterday Statistics Temperature Temperature High ................................................... 86° F/30° C High ................................................... 91° F/33° C Low .................................................... 81° F/27° C Low .................................................... 69° F/21° C Normal high ....................................... 88° F/31° C Normal high ....................................... 88° F/31° C Normal low ........................................ 75° F/24° C Normal low ........................................ 75° F/24° C Last year’s high ................................. 93° F/34° C Last year’s high ................................. 91° F/33° C Last year’s low ................................... 80° F/26° C Last year’s low ................................... 78° F/25° C Precipitation Precipitation As of 2 p.m. yesterday ................................. 0.08” As of 2 p.m. yesterday ................................. 0.43” Year to date ............................................... 10.36” Year to date ............................................... 10.19” Normal year to date ................................... 16.29” Normal year to date ................................... 15.24”

ELEUTHERA ELEUTHERA

High: 89° F/32° C High: 90° F/32° C Low: 78° F/26° C Low: 79° F/26° C

N N

KEY KEYWEST WEST High: 87° F/31° C

E E

W W

WEST PALM WEST PALM BEACH BEACH High: 88° F/31° C

E E

High: 90° 88° High: Low: 78° 79° Low:

lmanac aalmanac

EE

W W

W W

SUNDAY TUESDAY

The exclusive AccuWeather RealFeel Temperature®® is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure The exclusive AccuWeather RealFeel Temperature is an index that combines the effects of temperature, wind, humidity, sunshine intensity, cloudiness, precipitation, pressure and elevation on the human body—everything that affects how warm or cold a person feels. Temperatures reflect the high and the low for the day. and elevation on the human body—everything that affects how warm or cold a person feels. Temperatures reflect the high and the low for the day.

N N

N N

GototoAccuWeather.com AccuWeather.com | |Go

MAYAGUANA MAYAGUANA High: 85° F/29° C High: Low:87° 78°F/31° F/26°CC Low: 78° F/26° C

CROOKED ISLAND / ACKLINS CROOKED ISLAND / ACKLINS High: 85° F/29° C High: Low:87° 78°F/31° F/26°CC RAGGED ISLAND Low: 80° F/27° C RAGGED High: 85°ISLAND F/29° C High: Low: 86° 79° F/30° F/26° CC Low: 80° F/27° C N N W W

S S

GREAT INAGUA GREAT INAGUA High: 87° F/31° C High: Low:89° 79°F/32° F/26°CC Low: 79° F/26° C

E E

ABACO ABACO ANDROS ANDROS CAT ISLAND CAT ISLAND CROOKED ISLAND CROOKED ISLAND ELEUTHERA ELEUTHERA FREEPORT FREEPORT GREAT EXUMA GREAT EXUMA GREAT INAGUA GREAT INAGUA LONG ISLAND LONG ISLAND MAYAGUANA MAYAGUANA NASSAU NASSAU RAGGED ISLAND RAGGED ISLAND SAN SALVADOR SAN SALVADOR

Today: Today: Thursday: Saturday: Today: Today: Thursday: Saturday: Today: Today: Thursday: Saturday: Today: Today: Thursday: Saturday: Today: Today: Thursday: Saturday: Today: Today: Thursday: Saturday: Today: Thursday: Today: Today: Saturday: Thursday: Today: Today: Saturday: Thursday: Today: Today: Saturday: Thursday: Today: Today: Saturday: Thursday: Today: Today: Saturday: Thursday: Today: Today: Saturday: Thursday: Today: Saturday:

W W

S S

E E

10-20 knots 12-25 knots

10-20 knots 12-25 knots

marine Forecast marine Forecast

N N

WINDS E atWINDS 10-20 Knots SE 7-14 Knots E atat10-20 Knots SE 7-14 Knots Knots E atat8-16 SE at 10-20 Knots E at 8-16 Knots ESE Knots ENEatat8-16 10-20 Knots ESE 10-20Knots Knots E at at10-20 ESE ENEatat10-20 10-20Knots Knots EEatat12-25 10-20Knots Knots EENE at 12-25 Knots at 10-20 Knots ESE 8-16 Knots Knots E at at10-20 ESE 8-16 Knots Knots E at at10-20 SE 4-8 Knots E atat10-20 Knots SSE at 10-20 6-12 Knots NE at Knots E atat10-20 SE 10-20 Knots Knots 10-20 Knots ENE at at 10-20 Knots 10-20Knots Knots EEatat12-25 at 10-20 Knots EENE at 12-25 Knots E at at10-20 ESE 12-25Knots Knots 8-16 Knots EEatat10-20 Knots at 10-20 Knots EESE at 10-20 Knots 10-20Knots Knots EEatat12-25 E atat10-20 SE 10-20 Knots Knots NE at Knots ESE at 10-20 8-16 Knots 10-20Knots Knots EEatat12-25 10-20 Knots ENE at at 12-25 Knots E atat10-20 SE 10-20 Knots Knots ESE at 8-16 Knots

WAVES WAVES 2-4 Feet 2-3 2-4Feet Feet 2-3 1-3Feet Feet 1-2 Feet 1-3 Feet 1-2 Feet 2-4 Feet 2-4 2-4Feet Feet 2-4 2-4Feet Feet 3-5 3-4Feet Feet 3-5 2-4Feet Feet 3-4 2-4Feet Feet 2-4 1-3Feet Feet 1-2 1-3Feet Feet 1-2 1-3Feet Feet 1-3Feet Feet 2-3 2-4Feet Feet 2-3 2-4Feet Feet 2-4 2-4Feet Feet 2-4 2-4Feet Feet 3-5 3-5Feet Feet 3-5 3-5Feet Feet 3-6 1-3Feet Feet 3-6 1-3Feet Feet 1-3 2-3Feet Feet 1-3 2-3Feet Feet 2-4 3-5Feet Feet 2-4 3-5Feet Feet 3-5 3-4 Feet

VISIBILITY WATER TEMPS. VISIBILITY TEMPS. 10 Miles WATER84° F 10 83° 10Miles Miles 84°F F 10 Miles 85° F 10 Miles 85° F 10 84° 10Miles Miles 86°F F 10 Miles 85° 6 83°F F 10 81° 10Miles Miles 83°F F 610 Miles 81° Miles 83°F F 10 83° 10Miles Miles 83°F F 10 83° 6 Miles 84°F F 10 86° 10Miles Miles 84°F F 10 87° 10Miles Miles 83°F F 10 83° 10Miles Miles 82°F F 10 84° 10Miles Miles 84°F F 10Miles Miles 85°F F 10 84° 10Miles Miles 83°F F 10 85° 7 Miles 83°F F 10 83° 10Miles Miles 83°F F 10 83° 10Miles Miles 83°F F 10 83° 10Miles Miles 82°F F 10 83° 10Miles Miles 82°F F 10 83° 7 Miles 84°F F 10 83° 10Miles Miles 85°F F 10 84° 10Miles Miles 83°F F 10 84° 10Miles Miles 83°F F 10 83° 10Miles Miles 79°F F 10 83° 10Miles Miles 80°F F 10 85° 10 Miles 86° F