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Homeporting did not yield the promised $52M.

October 6, 2021

Homeporting did not yield the promised $52M.
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~ 12 cruise ship calls, maximum of 5 to 6 million dollars earned from homeporting.~

PHILIPSBURG: --- Minister of TEATT Roger Lawrence in response to the question regarding the promised $52M from homeporting said that he will not enter into a debate about the promised $52M from the previous Minister of TEATT Ludmilla de Weever’s calculus, however, the Minister of TEATT provided some details that clearly showed the $52M was nowhere closed to what the country yielded.
Minister Lawerence said there were 12 cruise ship calls with 18% capacity. He said on average each homeporting vessel carries a maximum ...

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To read more: https://www.smn-news.com/index.php/st-maarten-st-martin-news/38734-sea-tax-laws-need-to-be-amended-to-facilitate-sme-sector-2.html

Source: https://www.smn-news.com/index.php/st-maarten-st-martin-news/38731-homeporting-did-not-yield-the-promised-52m.html

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