NEWSLETTER
Subscribe to the Dutch Caribbean Legal Portal Newsletter and stay in touch and up-to-date with legal activities in the Dutch Caribbean.
Couldn't find list with id : 89bffa7244Schiphol threatens to withdraw from reconstruction project Sint Maarten airport
- May 10, 2021 8:27 AM
PHILIPSBURG - Royal Schiphol Group has threatened to withdraw its support from the terminal reconstruction project as of July 15 if "proper corporate governance" is not re-established at Princess Juliana International Airport (PJIA) before May 26.
Google sluisde miljarden door via Nederland
- January 14, 2021 10:19 AM
Google sluisde in acht jaar tijd € 128 miljard via een Nederlands dochterbedrijf naar belastingparadijs Bermuda. Dat leverde de Nederlandse Belastingdienst tussen 2012 en 2019 ruim € 25 miljoen op.
Venezuela's PDVSA to install ship-to-ship hub away from shore -sources
- October 02, 2020 11:11 AM
CARACAS- Venezuela’s state-run oil firm PDVSA is informing customers about a new hub for doing ship-to-ship transfers for exports in a location away from shore, a shift that could mean higher costs and less supervision, according to three sources.
Venezuela krijgt controle over alle ‘Bitcoin mining’
- September 29, 2020 6:17 AM
CARACAS - Venezuela controleert per direct alle Bitcoin mining activiteiten in het land. De autoriteiten bepalen de productielocaties en de verdeling van de opbrengsten.
Parman International files lawsuit against Central Bank
- September 29, 2020 6:04 AM
WILLEMSTAD - Parman International B.V. (‘PIBV’) announced today that it is filing its statement of defense required by court-procedure in response to an extraordinary and unprecedented suit filed with the Court in First Instance in which the CBCS (Central Bank of Curaçao and St. Maarten) impersonates the role of the ENNIA manager, at the same time as it continues with the conflicting role that it maintains as the regulator of the company which is wholly owned by PIBV.
Venezuela’s PDVSA sued for missed payments at Curacao refinery
- September 03, 2020 2:53 PM
CARACAS/WILLEMSTAD - Mérida, August 31, 2020 (venezuelanalysis.com) – The owner of Curacao’s La Isla refinery, Refineria di Korsou (RdK), is suing Venezuela’s state-run oil company PDVSA for US $51 million.
Pension fund acquires Saba’s Breadline Plaza
- July 09, 2020 5:09 PM
SABA--The Caribbean Netherlands Pension Fund PCN has completed its first investment in Saba with the acquisition of the Breadline Plaza complex in Windwardside.
APC Bank becomes sole shareholder of PSB Bank
- May 29, 2020 12:32 PM
PHILIPSBURG--The Algemeen Pensioenfonds Curaçao Bank NV (APC Bank) will soon become the sole shareholder of PSB Bank in St. Maarten.
Venezuela's PDVSA eyes restructuring that would elevate private partnerships
- May 14, 2020 3:38 PM
CARACAS - Venezuela’s state-owned oil company Petroleos de Venezuela is proposing a sweeping restructuring that would transfer a large portion of its current activities to private companies, according to a document seen by Reuters.
16,5 miljoen euro extra naar eilanden
- April 25, 2020 3:36 PM
DEN HAAG - Het kabinet heeft 16,5 miljoen euro humanitaire hulp toegezegd aan Aruba, Curaçao en Sint-Maarten en de drie Bes-eilanden voor de komende drie maanden. Dat maakte Staatssecretaris Raymond Knops gisteren bekend.
Trump orders Chevron to cease operations in Venezuela
- April 23, 2020 11:53 AM
New York - The Trump administration ordered Chevron to halt oil production in Venezuela per 1 December 2020, dealing another blow to the American oil giant's century-long relationship with the crisis-ravaged OPEC nation.
PDVSA probe raises questions for joint venture partners
- March 31, 2020 6:25 PM
UNITED STATES/VENEZUELA - The US federal investigation into corruption at Venezuela’s state-owned oil company, Petróleos de Venezuela SA (PDVSA), shows no sign of abating.
Centrale bank Suriname: valutawet in strijd met bankwet
- March 26, 2020 10:55 AM
PARAMARIBO - In een brief aan president Desi Bouterse wijst governor van de Centrale Bank van Suriname, Maurice Roemer, het staatshoofd erop dat de deze week door hem afgekondigde ‘valutawet’ “op gespannen voet staat met de Bankwet en wettelijke regelingen”.
Curacao seeks $162 million from PDVSA for refinery operations
- March 25, 2020 12:12 PM
WILLEMSTAD - Curacao is pursuing a $162 million arbitration claim against Venezuela’s state-run PDVSA oil firm over its management of the island’s oil refinery, an executive of Refineria di Korsou said yesterday.
Curacao seizes PDVSA oil terminal in Dutch Caribbean over dispute
- March 23, 2020 12:33 PM
WILLEMSTAD/CARACAS - Curacao state-owned oil refinery Refineria di Korsou (RdK) on Friday seized an oil storage terminal on the Dutch Caribbean island of Bonaire over a payment dispute with Venezuela’s state-run PDVSA oil firm, a RdK official said.
Rating agencies warn oil slump could trigger blizzard of downgrades
- March 11, 2020 11:20 AM
LONDON - The world’s top rating agencies said on Tuesday that the sharp drop in oil prices, if sustained, could cause a wave of sovereign downgrades as well as heavy multi-notch rating cuts to junk-rated oil and gas firms.
Financial sector Curacao asks for intervention at CBCS
- March 04, 2020 3:51 PM
WILLEMSTAD--To restore the independent position and integrity of the Central Bank of Curaçao and St. Maarten (CBCS), the Supervisory Board and two governments must appoint one or two international heavyweights in the short term to strengthen the joint monetary authority’s management.
Citgo and Aruba reach agreement to transfer management of refinery to island government
- March 02, 2020 1:24 PM
ORANJESTAD/HOUSTON - U.S. refiner Citgo has reached an agreement with Aruba to transfer control of the San Nicolas refinery to the island’s government, Citgo said late on Saturday, after the two parties last year suspended a contract to overhaul the facility.
Venezuela's PDVSA steps up fuel shipments to Cuba as shortages bite
- February 14, 2020 1:46 PM
MEXICO CITY/HAVANA - Venezuela’s state energy firm PDVSA has been shipping more oil this month to close ally Cuba, as tighter U.S. sanctions have worsened fuel shortages on the Caribbean island, according to sources and internal company documents seen by Reuters.
Port Sint Maarten chooses EY as a strategic partner
- January 22, 2020 11:33 AM
PHILIPSBURG--Port St. Maarten announced that it has entered a strategic partnership with consultant Ernst and Young (EY) Advisory Services to develop the port’s “National Development Plan 2020-plus.” According to the port, this plan should ensure that St. Maarten maintains a relevant position in the cruise tourism market.