ANTI-BUSINESS SENATOR: Terrence “Positive” Nelson CHARLOTTE AMALIE – Senators meeting in full legislative session voted overwhelmingly to approve the operating agreement between Limetree Bay Terminals LLC and the Virgin Islands government. The 31st Legislature, run by Senate President Neville James, determined that the $800 million deal to take the former
STALLING TACTICIAN: Neville James CHARLOTTE AMALIE – The 31st Legislature will vote on the sale of HOVENSA oil terminal assets to Limetree Bay, an affiliate of ArcLight Capital, on Tuesday Dec. 29, a spokeswoman at Government House said late Wednesday. The Senate will have to weigh the benefits of Limetree
St. Croix Carambola Beach Resort & Spa FREDERIKSTED – Aimbridge Hospitality’s Caribbean division has assumed management of the 150-room Renaissance St. Croix Carambola Beach Resort & Spa in the U.S. Virgin Islands, the Virgin Islands Free Press has learned. Owned by Carambola Northwest LLC, a U.S. Virgin Islands entity, the
FREDERIKSTED – The territory is set to welcome additional Delta Air Lines flights from Atlanta to St Croix starting tomorrow. Tourism Commissioner Beverly Nicholson-Doty said that her department has developed options for supporting new Wednesday flights from Hartsfield-Jackson International Airport to Henry E. Rohlsen Airport. “The new service complements our
ORANJESTAD – One of seven Venezuelan men whose boat capsized near Aruba died after he was attacked by a shark while being rescued, the Dutch Caribbean Coast Guard said Monday. Two other men perished when they sank with the vessel. Spokesman Roderick Gouverneur told The Associated Press that the shark
Tania Tomyn of Tibbar Energy WALNUT, Calif. – VIASPACE Inc. today provided an update on electricity projects being pursued by VIASPACE and partners around the world, including the Tibbar Energy project on St. Croix’s South Shore. Several of the projects have been publicly discussed previously and some are new projects.
By ZAID JILANI/THE INTERCEPT Caribbean nations have long served as tax havens for the world’s economic elite, with many offering so-called economic citizenship where, for large payments, one can simply buy citizenship in their countries. That can save the 1 percent a pretty penny. Overseas tax evasion costs the U.S.
Sen. Sammuel Sanes during Session CHARLOTTE AMALIE – The board of directors of Petróleos de Venezuela, S.A. (PDVSA) has approved the purchase and sales agreement between Limetree Bay Terminals, LLC and HOVENSA, according to a Government House statement. PDVSA has also agree to waive its tax claims against the Virgin
US DOL’s Gerri Fiala WASHINGTON – The Virgin Islands is one of only two jurisdictions in the country to be formally sanctioned by the federal government for failure to meet agreed performance records in job training, the V.I. Free Press has learned. Compounding the news is the fact that the
Jhon Samuel of the BVI ROAD TOWN — About three years ago, Tortola resident Jhon Samuel was sitting in a Chicago hotel room when hunger pangs started to strike. Instead of picking up a phone to order room service or takeout, Samuel, a web developer and graphic designer, decided to