Bahamas Prime Minister Ends Mooring Gambit
Company Forfeits Seabed Leases, Will Remove Moorings Already Installed
And just like that it was over.
According to the office of Prime Minister Philip Davis, Bahamas Moorings Ltd. has abandoned plans to populate the Exumas chain with moorings, having voluntarily relinquished their leases for 49 seabed parcels. The announcement read in part:
Bahamas Moorings will remove any moorings already installed, at their own cost.
We ar…
Keep reading with a 7-day free trial
Subscribe to LOOSE CANNON to keep reading this post and get 7 days of free access to the full post archives.