Ocean Thermal Energy Corporation (OTE), a leading developer of Seawater District Cooling (SDC) and Ocean Thermal Energy Conversion (OTEC) systems, today announced that the Company has launched its $7,650,000 Equity Offering of the Company’s Common Shares pursuant to the Jumpstart Our Business Startups (JOBS) Act, a bipartisan bill that enacts many initiatives to encourage business growth, job creation, and support our nation’s economic advancement.

OTE is offering 9,000,000 Shares of its Common Stock for $0.85 per share ($7,650,000 in the aggregate). For further details, interested investors should visit OTE’s website. Only investors who are “accredited investors,” as defined by Rule 501 of SEC Regulation D, are permitted to purchase Shares.

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NASSAU, Bahamas, Sept. 24, 2013 /PRNewswire/ — Travelers will soon experience easier access to sugar-white sands and turquoise blue waters with increased nonstop air service to Nassau Paradise Island in the Bahamas. With its established popularity as a premier beach destination, airlines are making it a breeze for travelers to experience all that Nassau Paradise Island has to offer.

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MIAMI, Sept. 23, 2013 /PRNewswire/ — Carnival Cruise Lines is launching a new national advertising campaign next week that features the unforgettable and memorable vacation moments experienced every day by the cruise line’s millions of guests, as captured through their own lenses.  The “Moments That Matter” campaign includes thousands of real vacation photos and videos from past Carnival cruisers, collected through social media.

When Carnival put out the call, past guests submitted more than 30,000 pieces of “cruiser generated content,” ranging from small moments like lounging poolside to larger-than-life moments like marriage proposals, each reflecting people’s most treasured vacation memories.

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Watch The “Moments That Matter” campaign’s new TV spot recently released here. Click here for more about the campaign.
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NASSAU, The Bahamas – (Noodls) – Prime Minister the Rt. Hon. Perry G. Christie said International Financial Institutions must become more flexible in how they shape their surveillance of the economies of countries within the Caribbean as well as the policy advice the Institutions provide and the structure of their lending to small vulnerable states.

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NASSAU, Bahamas, Sept. 23, 2013 (GLOBE NEWSWIRE) — Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), announced today its intention to offer to sell, subject to market and other conditions, $25.0 million aggregate principal amount of its 8.875% First Preferred Ship Mortgage Notes due 2021 as an add-on to its outstanding $200.0 million aggregate principal amount of 8.875% First Preferred Ship Mortgage Notes due 2021 (the “Notes”). Ultrapetrol intends to use the net proceeds of the offering for general corporate purposes.

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As China continues to emerge as an economic power, The Bahamas is seeking to encourage more exchanges in tourism, education and investment.
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The Bahamas delegation to the 68th Session of the United Nations (UN) General Assembly left for New York, Septem-ber 22, 2013, with Minister of Foreign Affairs and Immi-gration Fred Mitchell serving as head of the delegation, un-til Prime Minister Perry Christie arrives in New York Sep-tember 27.

“This year the Prime Minister will deliver the country’s national statement to the general assembly for the first time during his tenure as Prime Minister,” Minister Mitchell said, at a press conference in the Diplomatic Lounge of the Lynden Pindling International Airport yesterday.

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Good service is key to the continuing success of The Bahamas’ tourism industry, say sector leaders.

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New gaming legislation could pave the way for significant growth in The Bahamas’ tourism industry, according to senior vice president and general counsel for Baha Mar Uri Clinton who says a more modern gaming industry, which encompasses new technology, would give The Bahamas the edge over its competitors.

Speaking at a conference held in Atlantis, Paradise Island yesterday, Clinton said the country needed to capitalise on its established tourism industry and branch out to offer visitors something more than the traditional formula of sun, sand and sea. He noted that there are 163 million US residents living within 1000 miles of The Bahamas and said that represented a lucrative market for the country’s casinos.

“These people spend money – they gamble, they eat, they sunbathe and they are tourists,” he told attendees at the event. “The question is not how are we going to fill rooms as The Bahamas grows and matures. The question is why have we not taken a more aggressive posture because the market is there.

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