Latest news with #USVI
CTV News
2 days ago
- CTV News
St. Thomas couple scammed out of $200,000
Police are investigating a scam involving a St. Thomas couple losing approximately $200,000. The WhatsApp Crypto scam allegedly took place in 2023. Currently, the fraud remains under investigation.
Yahoo
15-05-2025
- Business
- Yahoo
US Virgin Islands ship registry plan will strengthen US shipping, governor says
By Jonathan Saul LONDON (Reuters) - A proposal to create a new international U.S. ship registry domiciled in the U.S. Virgin Islands aligns with President Donald Trump's efforts to strengthen the country's maritime industry and has support from the territory, its governor said. President Donald Trump's administration is considering the proposal as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, sources familiar with the matter told Reuters last week. Using the USVI could be the most efficient way to "strengthen American maritime posture" because it could provide a U.S.-controlled flag without the costly restrictions associated with a straight U.S. flag registration, according to Eric Dawicki, president of the Center for Ocean Policy and Economics research body, which submitted the proposal to U.S. officials. The proposal was initially presented to the USVI's administration by Dawicki some two years ago, Governor Albert Bryan Jr. told Reuters in emailed comments. "He (Dawicki) offered us a chance to participate in a novel idea and (we) thought it was one worth pursuing," Bryan said. "He has been working hard to get this initiative on the radar of Washington and it seems he has succeeded." White House officials did not immediately respond to a request for comment. Dawicki previously co-founded the Dominica flag registry. Increasing the number of U.S.-flagged vessels is important for Trump's administration because it would enhance the ability of the U.S. commercial shipping fleet to provide logistical support for the military in time of war, and ease Washington's dependence on foreign ships to transport supplies and equipment across sea lanes. "The initiative makes sense and is in alignment with the Trump administration's initiative to strengthen American shipping," Bryan said. "We are very excited and look forward to being able to support this initiative to its fruition." In previous conflicts, such as the 1991 Gulf War, the U.S. relied upon foreign-flagged vessels to bolster shipping access.
Yahoo
12-05-2025
- Business
- Yahoo
US Virgin Islands involved in US international ship registry proposal, governor says
LONDON (Reuters) - The U.S. Virgin Islands (USVI) is involved in a proposal that aims to create a US international ship registry domiciled in the U.S. territory, the island's governor said. President Donald Trump's administration is considering the proposal as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, sources familiar with the matter told Reuters last week. Using the USVI could be the most efficient way to "strengthen American maritime posture" because the island territory could provide a U.S.-controlled flag without the costly restrictions associated with a straight U.S. flag registration, according to Eric Dawicki, president of the Center for Ocean Policy and Economics research body, which submitted the proposal to U.S. officials. "We have been working with Eric R. Dawicki on this project for a while now. This is an innovative solution to strengthen American shipping," USVI Governor Albert Bryan Jr. said in a LinkedIn post on Saturday. Bryan's office did not immediately respond to a request for comment on Monday. Increasing the number of U.S.-flagged vessels is important for Trump's administration because it would enhance the ability of the U.S. commercial shipping fleet to provide logistical support for the military in time of war, and ease Washington's dependence on foreign ships to transport supplies and equipment across sea lanes.
Straits Times
12-05-2025
- Business
- Straits Times
US Virgin Islands involved in US international ship registry proposal, governor says
A yacht transport ship sits in the harbor of Charlotte Amalie on the island of St Thomas in the U.S. Virgin Islands, May 16, 2019. REUTERS/Lucas Jackson/File Photo LONDON - The U.S. Virgin Islands (USVI) is involved in a proposal that aims to create a US international ship registry domiciled in the U.S. territory, the island's governor said. President Donald Trump's administration is considering the proposal as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, sources familiar with the matter told Reuters last week. Using the USVI could be the most efficient way to "strengthen American maritime posture" because the island territory could provide a U.S.-controlled flag without the costly restrictions associated with a straight U.S. flag registration, according to Eric Dawicki, president of the Center for Ocean Policy and Economics research body, which submitted the proposal to U.S. officials. "We have been working with Eric R. Dawicki on this project for a while now. This is an innovative solution to strengthen American shipping," USVI Governor Albert Bryan Jr. said in a LinkedIn post on Saturday. Bryan's office did not immediately respond to a request for comment on Monday. Increasing the number of U.S.-flagged vessels is important for Trump's administration because it would enhance the ability of the U.S. commercial shipping fleet to provide logistical support for the military in time of war, and ease Washington's dependence on foreign ships to transport supplies and equipment across sea lanes. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
Reuters
12-05-2025
- Business
- Reuters
US Virgin Islands involved in US international ship registry proposal, governor says
LONDON, May 12 (Reuters) - The U.S. Virgin Islands (USVI) is involved in a proposal that aims to create a US international ship registry domiciled in the U.S. territory, the island's governor said. President Donald Trump's administration is considering the proposal as part of efforts to enlarge the tiny commercial shipping fleet flying the American flag, sources familiar with the matter told Reuters last week. Using the USVI could be the most efficient way to "strengthen American maritime posture" because the island territory could provide a U.S.-controlled flag without the costly restrictions associated with a straight U.S. flag registration, according to Eric Dawicki, president of the Center for Ocean Policy and Economics research body, which submitted the proposal to U.S. officials. "We have been working with Eric R. Dawicki on this project for a while now. This is an innovative solution to strengthen American shipping," USVI Governor Albert Bryan Jr. said in a LinkedIn post on Saturday. Bryan's office did not immediately respond to a request for comment on Monday. Increasing the number of U.S.-flagged vessels is important for Trump's administration because it would enhance the ability of the U.S. commercial shipping fleet to provide logistical support for the military in time of war, and ease Washington's dependence on foreign ships to transport supplies and equipment across sea lanes.
