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Cayman Islands News, Articles and InformationPakistan's Exports To 83 Countries Substantially DownContrary to the government's claims, country's exports to 83 countries where Pakistan was doing better in the past, have shown a decline, according to export receipts data prepared by the State Bank of Pakistan for the period July 2005-January 2006. The commerce ministry on trade policy had fixed the export target of $17 billion for the current fiscal year and so far exports have reached $15 billion, posing a gigantic task for ministry and Export Promotion Bureau to register the export of $2 billion by June 30, 2006 which seems remote keeping in view the exports trend in the last one and half months of fiscal years in the past. .
Ensign event win is red-letter dayGUERNSEY will host the prestigious Red Ensign Group conference next June. The annual event provides a forum for discussion of any maritime issues affecting all British-registered ships that are entitled to fly the flag.That amounts to thousands of private and commercial vessels worldwide, because it includes any which are registered but not necessarily resident in the UK, Crown Dependencies or UK overseas territories. Guernsey has category two status and can register commercial ships up to 150 tons and pleasure vessels up to 400. Harbour master Captain Peter Gill is the local delegate and recently returned from this years event in Bermuda, at which he formerly offered Guernsey as the host. This is an incredibly significant event and we are looking forward to hosting next years immensely. Study finds $50M in privately funded travel by lawmakersIf voters find industry-sponsored junkets objectionable, a study out today could be bad news for globetrotting lawmakers. Private sponsors paid nearly $50 million over five and a half years to send members of Congress and their staffs on at least 23,000 trips, according to a review of travel records by the Center for Public Integrity, American Public Media and Northwestern University journalism students.The study is the first time that researchers have pinpointed the full cost of privately funded congressional travel. An earlier tally of about $15 million counted only travel by lawmakers themselves and neglected more numerous trips for staff. The researchers kept tabs on which offices filed incomplete, incorrect or late reports disclosing details of their travels.
Veteran Kimmel a road-race rookieDAYTONA BEACH -- Frank Kimmel isn't technically among the handful of rookie drivers converging on Daytona International Speedway this week.But when the Crown Royal IROC Series stages its first road race in 14 years tonight, the 44-year-old Kimmel won't exactly be in his comfort zone. Right turns. Braking zones. Headlights. This is relatively foreign territory for the seven-time ARCA Series champion, whose 15-year ARCA career has included only four road races -- none since 2001. So it's no wonder Kimmel's first practice trip around DIS's 3.56-mile road course last week included "a lot of oh-(bleep)s." "I understand where my spot is in this race," Kimmel said prior to a recent practice session. "I'm not gonna be the best race driver out there and I'm definitely not gonna be the most experienced.
Three new cruise ships sail to CaymanWITH the Grand Princess due return to the Cayman Islands this winter season comes news that three new cruise ships are heading for Grand Cayman, beginning May 2007.Marine and Cargo Manager at the Cayman Islands Port Authority Joseph Woods said the debut here on Monday of the Crown Princess signals an upswing in the number of cruise ship calls. The Crown Princess, owned by Princess Cruises, berthed at the George Town Harbour with 3,300 passengers and is expected to make regular visits to Grand Cayman. The ship made its inaugural voyage on 8 June in New York amid celebratory activities involving various stars. Sister ship, Grand Princess, which was a regular Wednesday fixture here, will resume its Cayman route on 3 October after being diverted by Princess Cruises to a port in Mexico. Island Heritage celebrates ten yearsNigel Twohey, Marketing Director, Conor O'Dea, Chairman of the board, Mark Burns Vice Chairman and Bryan Murphy, CEO of Island Heritage.As the Cayman Islands finally begins to see property insurance rates decrease from the high of 2.5 percent to 2.25 percent, Island Heritage celebrated its ten-year anniversary last week. It had a lot to celebrate, especially with Hurricane Ivan still fresh in the minds of residents and Island Heritage secure that it came out of that event with a solid reputation for paying claims and staying solvent with an A minus rating from AM Best. That is a notable achievement considering how many insurance companies in the region struggled to stay afloat after year on year of numerous devastating hurricanes. The CEO of Island Heritage, Bryan Murphy, said the Caribbean region is likely to have higher property insurance rates from the impact of a long series of losses. Dentist's delightFor the last six years, Palasz has taken underwater photographs, which he uses to educate his patients about marine life.His patients don't know what kind of sea life they will encounter on each visit. Palasz already has shown them photos of coral reefs, a chainlink moray, an orangutan crab, a pygmy seahorse, a lettuce sea slug, a giant manta and a barracuda. "It's such an incredible environment that not many people get to visit. I want to document (marine life) so my patients get interested in oceans and how important (they are) for us," Palasz said. "My patients are learning (through viewing the photographs) about coral conservation -- that coral reefs are in danger of being wiped out -- that they might not have learned otherwise." Besides showing the photographs, Palasz has "guess-the-fish" contests that focus on marine life such as sharks, turtles and the "Nemo"-type fish. Flynn is In, AgainPORT ANTONIO -- Errol Flynn's love affair with Port Antonio began in the 1940s while he was on a sailing trip destined for the Galapagos.Back then, a storm blew his boat the "Zaca" off course to Jamaica and soon he discovered the island's northeast treasure. Port Antonio became Flynn's home for many years, and as he wrote in his memoir, "After thirty-seven years of wandering, I had found my Grecian isle."Now, the Marina at Port Antonio has been renamed the Errol Flynn Marina in tribute to the town's most famous resident. "It's amazing that even today Flynn's presence remains an undercurrent in Port Antonio," said William Tatham, Vice President of Cruise and Marina Operations. "The renaming of the Marina is merely an affirmation of what residents and visitors have known for a long time, that his mystique is still very much a part of the fabric of this part of Jamaica."After his initial visit to the island, Flynn would return to Port Antonio and his 2000-acre Errol Flynn Estates on hiatus between films. |
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