Archive for November, 2008

National Trust enlists year’s achievements

Wednesday, November 19th, 2008

The Annual General Meeting of the National Trust for the Cayman Islands was recently held with a view to introduce the new Council and to announce its most recent achievements.

Now the National Trust holds about 2 700 acres of land in trust for future generations as during the past year it increased its land holdings by 177 acres. It has already entered into an agreement to buy a further 3 acres at the southern end of the Mastic Trail. Due to this acquisition of land a parking lot and restrooms will make the Mastic Trail experience more convenient.

As to fundraising highlights for the year, these included the 20th Anniversary Gala Dinner and Auction that raised over USD 40 000, and the Art Auction hosted by Governor Stuart Jack that raised over USD 50 000.

All in all, each of the National Trust’s programmes got a significant success over the past year.

Cayman Team attends Fort Lauderdale Show

Friday, November 7th, 2008

The Cayman International Shipping Registry (CISR) had a promotional showcase at the Fort Lauderdale International Boat Show that was held from October 30 to November 3. The same show was held also the previous year.

To attend the event, an 8-strong team from the Cayman Islands joined up with 6 representatives from the local Florida office of CISR. It should be noted that boat-builders lined up to present their new models and customers lined up to buy them, so there was no evidence of the international credit crunch at the show. According to exhibitors, sales this year were well ahead of those last year.

This year annual show was the 49th and it featured more than USD 3 billion worth of yachts, super yachts, boats, engines electronics, and accessories from major marine manufacturers and builders.

Shipping Registry launches Asian Initiative

Monday, November 3rd, 2008

A division of the Maritime Authority of the Cayman Islands (MACI), the Cayman Islands Shipping Registry (CISR) is planning to launch an initiative that will increase ship registrations from Asia.

The Asian operations of the CISR have been strengthened by the addition of 2 new regional representatives that should attract Asian ship owners and ship builders.

As it has already been discussed, Business and Technical Consultant for the Far East Region, Martin Chu, represents the CISR in Hong Kong, while Evelyn Soon is the CISR representative in Singapore.

The staff from the CISR is currently in Tokyo for presentations to business leaders in the Asian shipping industry. Japan is a country of focus for the CISR. The Cayman group includes Alfred Powery, Divisional Director of Registration; Exie Tomlinson-Panton, Head of Business Development and Client Relationships; and Kenrick Ebanks, Divisional Director of Finance & IT. In Tokyo, the Cayman delegation will meet with Mr Yoshinori Uno – the CISR representative in Japan.