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Board Members Appointed To New Cayman Islands Maritime Authority

by Amanda Banks, Tax-News.com, London

29 August 2005

Cayman Islands Governor, H.E.Bruce Dinwiddy, has appointed six new board members to the recently created Maritime Authority of the Cayman Islands (MACI), a body which incorporates the Cayman Islands Shipping Registry, Cayman’s Port State Control and Marine Casualty Investigation arms into one entity.

Leading the new maritime authority will be Sharon Roulstone, an Attorney-at-Law and a Partner with Turner & Roulstone, who has been appointed Chairman. The post of Deputy Chairman is filled by Sydney Coleman, CEO of Paget Brown Trust Company Ltd since 1983 and a founding member of the Shipping Sector Consultative Committee. Joel Walton, JP was appointed in May 2004 as Chief Executive Officer (Designate) and Director of the Cayman Islands Shipping Registry.

Other board appointees include: Woodward Terry, head of law firm Woodward Terry & Company and a founding member of the Shipping Sector Consultative Committee; Donovan Ebanks MBE, Deputy Chief Secretary in the Portfolio of Internal and External Affairs and Chairman of the National Hurricane Committee; Andrew Eden, former president and an active member of the Cayman Islands Seafarers’ Association; and Errol Bush MBE, former Director of the Port Authority. A seventh Director with international maritime experience is to be appointed in due course.

Mr Dinwiddy commented: “The selection of this board was quite challenging among the very distinguished and qualified persons being considered. But I am confident we have brought together a very competent and well-rounded group of individuals to form the MACI Board for the next two years. I wish them every success as they chart the way forward, firmly integrating MACI as a key constituent of the Cayman Islands international financial services sector."

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