The Bahamas has a long-standing maritime heritage, a globally recognised tourism industry, and an established international financial services sector. Together, these industries form important pillars of the national economy and position The Bahamas as a distinctive participant in the global marketplace.

The Bahamas also offers a well-established legal and judicial framework for international business. The legislative framework governing The Bahamas Ship Registry is closely based on the United Kingdom’s legal tradition, providing a familiar and well-understood environment for shipowners, legal advisers, financial institutions, and other professionals engaged in international shipping.

Since gaining independence in 1973, The Bahamas has continued to develop its economy, institutions, education system, and international presence. The country benefits from a stable political and economic environment and a long-standing commitment to attracting international investment and supporting business and enterprise.

Maritime remains a strategically important sector for The Bahamas, building on the country’s geographic position, seafaring heritage, and established international presence. With strong government support and a growing global profile, the maritime sector continues to contribute to the diversification and development of the Bahamian economy.

This environment, together with The Bahamas’ established international business infrastructure and tax framework, provides a strong foundation for The Bahamas Ship Registry and its continued role as a leading international ship registry.

Within The Bahamas, maritime and shipping matters fall under the remit of the Ministry of Transport.

Hon. Leon Lundy, MP.

Bahamas Minister of Transport

Ministry of Transport

Manx Corporate Centre, West Bay Street

Ministry of Transport areas of Responsibility:

• The Bahamas Maritime Authority (BMA)
• Maritime Affairs
• Port Department

www.bahamas.gov.bs

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