British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Wednesday, October 08, 2008

New Yacht Storage System Introduced in the BVI

The largest full-service marina and boatyard in the British Virgin Islands has introduced a new yacht storage system for hurricane storage that will increase the safety of yachts stored. By this system, Nanny Cay Marina has received the status of an approved hurricane storage facility by one of the world's leading insurer of luxury yachts, Pantaenius.

Nanny Cay is the first boatyard in the Caribbean Windstorm Exclusion Area (CNWEA) with this yacht storage system for hurricane storage. The British Virgin Islands are in the middle of the CNWEA, and from 1 July to 15 November, in the season of hurricanes, yachts generally go south of latitude 12.4N to maintain insurance coverage.

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