|Business Briefs (Sept. 13, 2012)|
|Written by Webmaster|
|Wednesday, 12 September 2012 09:29|
Ports of registry
Cabinet members agreed to designate North Sound, Virgin Gorda and White Bay, Jost Van Dyke as “ports of registry,” according to a notice Gazetted last Thursday.
The designation, which was made under the Merchant Shipping Act, 2001, means that Virgin Islands-registered ships can be deemed to belong to those ports.
The Moorings has pledged that its upcoming Interline Regatta will comply with environmental standards set by an international non-profit organisation, the company announced. The regatta, which is in its 31st year, aims to achieve bronze level certification under Sailors for the Sea’s Clean Regattas programme, according to a press release from The Moorings. Sailors for the Sea provides third-party certification for regatta operators who pledge to meet a series of measures, including using online booking rather than a paper-based system; reusing bow numbers; electronically displaying race results; and recycling glass.
The law firm Maples and Calder will open a new office in Singapore to advise clients there on Virgin Islands and Cayman Islands law, the firm announced. The Cayman-based firm has offices in the VI, Dubai, Dublin, London and Hong Kong. The Singapore office will be managed by two of the firm’s partners — Nick Harrold and James Burch — as well as Tom Katsaros, a private equity and corporate lawyer, according to a press release from the firm.