Sovereign Credit Watch: S&P Global reaffirmed The Bahamas’ BB- rating with a stable outlook, praising stronger growth and a narrower fiscal deficit but warning the score could slip if revenues lag or state-owned enterprises need bigger bailouts. Tourism & Finance Policy: Government moves to remove VAT from trust services and certain property transfers into trusts, alongside a new Family Office Programme aimed at boosting competitiveness for international wealth. Cruise & Maritime Growth: MSC floated out the MSC World Atlantic in France, with delivery set for 2027 and Bahamas calls including Ocean Cay; Norwegian also highlighted major Great Stirrup Cay upgrades tied to Middle East demand. Superyacht Push: Bahamas launched “Dock Anchor & Discover” at Monaco Yacht Show, pitching marinas, FBOs and concierge services to capture more European superyacht traffic. Industry Leadership: BHTA named Robert Sands interim president after Jackson Weech’s tourism director-general appointment; NIB welcomed a newly appointed board and set priorities including fund sustainability and tech modernization. Energy/Shipping Tech: Kinetics Energies acquired a steam-turbine LNG carrier for conversion into an FSRU, targeting delivery in 2028. Business Deals: Massy confirmed selling its Caterpillar business to MACORP, saying it strengthens growth across the region. Local Culture & Community: Paradise Plates 2026 charity auction added new artwork “For Stef” to support Hands for Hunger feeding programmes.