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Conrad "Ricky" Francois II, who headed several V.I. government agencies over a long career before becoming a member of the West Indian Company Board in retirement, has passed away.
Plans for a third cruise ship dock on St. Thomas, which would create the berthing area to dock two Oasis-class ships, are being threatened by ongoing lawsuits and the impact of COVID-19 on the cruise industry.
Days after the new coronavirus epidemic led both Princess Cruises and Viking Cruises to halt all cruise operations until May, all other cruise lines have followed suit.
The West Indian Co., Ltd. informed employees Tuesday that a significant portion of its staff would be laid off in the coming weeks and continuing through April as it prepares for the expiration of its agreement to manage Havensight Mall.
All senators at Thursday’s Rules and Judiciary Committee hearing agreed that former Senator Celestino White would make a good addition to the Virgin Islands Port Authority board and discussed their high hopes for the seaports and airports of the territory.
Yacht Haven USVI sued the West Indian Company on Dec. 4 in the state of New York for $400 million, claiming WICO “conspired” to direct business away from Yacht Haven and toward Havensight Mall. Last week, WICO countersued in V.I. Superior Court.
The bulk of a meeting of the Board of Directors of the West Indian Company Thursday was taken up by unresolved issues related to the decision by the Government Employees Retirement System to terminate WICO as manager of Havensight Mall.
The Government Employees' Retirement System governing board voted to not renew the West Indian Company's management agreement for Havensight Mall.
Roy Moorehead, who as director of security for the West Indian Co., Ltd., has been securing WICO's dock and premises for six years, requested the agency pursue purchasing a "super boat" capable of handling marine and vessel fires.
During a meeting of WICO’s board of directors, Director of Marine and Cruise Operations Mark Sabino said things like berth size, Port Authority contracts, and scheduling conflicts create a perfect storm for losing tourism revenue.
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