Investors seeking higher yields are buying structured notes tied for the first time to the debt of emerging-market nations from the Bahamas to Lithuania and Honduras.

JPMorgan Chase & Co. (JPM) sold $6 million of credit-linked notes on the Bahamas this week, the first securities to reference the Caribbean islands, according to data compiled by Bloomberg. Natixis (KN) issued debut notes linked to Lithuanian bonds on May 14, while a Jersey-based special purpose vehicle offered the first securities referencing Honduras last month.

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This is an excerpt from Businessweek as it appeared on May 17, 2013. For updates or to read the current version of this post in its entirety, please click here.

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ST. GEORGE, Utah, May 15, 2013 /PRNewswire/ — Wilson Electronics (www.WilsonElectronics.com), North America’s leading maker of cellular signal boosters, today announced a new marine initiative with the development of a signal booster kit that improves cellular coverage for boaters on inland waterways and for near-shore mariners.

Link to hi-res image.

The Marine Signal Booster Kit (SKU# 841246) pairs Wilson’s well established AG SOHO 60 signal booster with the its marine antenna, and includes all cables and components needed to complete and install the system.

“Many boaters who try to use a cellular device while on the water experience dropped connections and no-service zones just as cellular customers occasionally do on dry land,” said Laine Matthews , business development director for Wilson Electronics. “Installing a Wilson mobile signal booster provides boaters the same signal boosting benefits that drivers of cars, trucks and RVs have enjoyed for years.”

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Canadian Minister of State of Foreign Affairs Diane Ablonczy is meeting with her Bahamian counterpart Fred Mitchell this week to discuss possible opportunities in trade and education.
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Senior aviation attorney Llewellyn Boyer-Cartwright has been invited by the Aircraft Registry of Aruba to speak at the 2013 Aeropodium offshore aircraft conference scheduled for later this year. The conference is expected to attract top experts in private and corporate jet aircraft-related arenas.

“It is a great honour for The Bahamas to address a prestigious conference in the private and corporate jet arena,” said Boyer-Cartwright, a partner at Callenders law firm and the leading proponent of an international aircraft registry for The Bahamas.

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PORT-OF-SPAIN, Trinidad–The Caribbean Community (CARICOM) must remain alert, proactive and responsive as it confronts the shifting priorities of the world’s dominant players including its traditional partners, CARICOM secretary-general Ambassador Irwin LaRocque (pictured) said May 13.

Survival in the current global environment demands a commonality of ambition and vision, as well as a deep level of coordination to ensure the strategic positioning of the community in the hemispheric and global arena,” LaRocque said.

“Such foreign policy coordination is one of the four pillars on which this community rests and an important weapon in the diplomatic arsenal of our Member States.”

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The Bahamas’ comprehensive portfolio of financial products makes it an attractive jurisdiction for clients in emerging markets, according to industry experts.

Attendees of a presentation at the British Colonial Hilton yesterday heard from a panel of financiers who said the array of wealth management tools available, such as mutual funds, has led to increased business from high-net-worth families in emerging markets such as Latin America and Asia.

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Freeport Container Port (FCP), which is part of Hutchison Port Holdings, has ordered 10 Terex NSC 634 E ECO straddle carriers from Terex Port Solutions with an option for an additional 12 machines. Operational from this month, the straddle carriers will be at the FCP terminal on Grand Bahama Island.

The units can stack 9’6’’ (2.9m) high containers, have lifting capacities of up to 60 tonnes under the spreader coupled with maximum travel speeds of 30 kph. One feature of these straddle carriers is the hybrid drive system, consisting of both a diesel powered generator and electrostatic short-term storage media, which results in significantly reduced fuel consumption and exhaust emissions compared to a traditional drive system.

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Lady Joan Foulkes launched the latest ship to be added to the Fleet of Campbell Shipping Company Ltd at the Shimanan Shipyard in Japan May 14.

Lady Foulkes christened the vessel with the words: “I name you Campbell Ship Jaden, and I pray that all who sail on you will do so with God’s blessings and in joy and good health.”

The ship will be registered in The Bahamas.

The C/S Jaden is a 38,000 dead weight tons dry bulk carrier constructed by Imabari Shipping at The Shimanan Shipyard in Japan.

Sir Arthur Foulkes accompanied Lady Foulkes for the launch.

They were the guests of Lowell Mortimer, president of Campbell Shipping, which has offices at Campbell Maritime Centre, West Bay Street.