AGP Executive Report
Last update: 11 hours agoLNG & Power Reliability: Shell has reached a final investment decision on a small-scale LNG regasification terminal at Clifton Pier, with New Providence Gas set to build and operate the facility to supply natural gas for the island’s energy needs. Energy Costs & Accountability: Bahamas Power and Light will issue a one-time $8.45 rebate to eligible New Providence residential customers after URCA settlement fines tied to the 2018–2019 outages. Electricity Reform in Grand Bahama: GBPC says it has completed an equity rate adjustment, including removing tiered energy rates and demand charges for commercial customers. Education Workforce Push: Deputy PM Chester Cooper says the government is accelerating recruitment to address teacher shortages, including a task force targeting up to 100 Bahamian teachers and international hiring to fill gaps. Teacher Shortage Logistics: Education Minister Chester Cooper also outlined a recruitment task force and urged Bahamians—especially in math, science, trades and arts—to return or enter teaching. Drainage & Flood Relief: Government plans a $2.6m Pinewood Gardens lift-station drainage pilot, with equipment ordered and delivery expected within weeks. Aviation Safety Oversight: Minister JoBeth Coleby-Davis met aviation stakeholders and is expanding efforts toward a Bahamas National Aviation Safety Task Force. Shipping Surcharges: MSC announced a peak season surcharge on Northern Europe to the U.S., Puerto Rico and the Bahamas starting 15 August 2026. Cruise Industry Updates: Norwegian Cruise Line unveiled upgrades to Norwegian Jade and Norwegian Gem, while Disney Cruise Line named its first-ever female captain for Disney Wish. Regional Humanitarian Aid: St Vincent and the Grenadines and other CARICOM states sent relief to earthquake-hit Venezuela, including 88 containers of supplies.
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