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CUC RCAM base rate increase is a legally enforceable condition of its Transmission & Distribution Licence; CUC’s proposed ‘rebalance’ of consumer rate

Cayman Islands utilities regulator OfReg, has sought to clarify that CUC’s annual base rate adjustment, effective 1 June, was implemented as required in accordance with the conditions of the company’s Transmission and Distribution Licence (T&D Licence), issued by the Cayman Islands Government in 200

11 Jul, 2024

Embracing emerald and verdant wealth

What do you love about the Cayman Islands? It’s a question that beckons polarizing answers: Person A may cherish these three tropical tranquil Isles for their natural beauty while Person B may be privileged to see us as a tax-neutral paradise for business.

08 Jul, 2024 3 Comments

OfReg Commences Inquiries into ‘Sea Elephant’ Incident

Cayman Islands utilities regulator, OfReg, has begun its inquiries into the recent incident involving the oil tanker ‘Sea Elephant,’ which occurred off the coast of Cayman Brac on 7 July 2024.

08 Jul, 2024

OfReg confirms that submarine cable systems are not the cause of on-island Internet connectivity issues

Following reports of an outage on one of OfReg’s two international submarine cables, 4 July, OfReg can confirm that after inquiring into the matter with several of its licensees as well as the operators of the submarine cable- that there was no such outage.

08 Jul, 2024

Caribbean Utilities Company, Ltd. Offsets Rate Adjustment with Fuel Efficiency Improvements

Caribbean Utilities Company, Ltd. (“CUC” or the “Company”) announces that in accordance with the Rate Cap and Adjustment Mechanism contained in the Company’s Transmission & Distribution (“T&D”) Licence issued by the Cayman Islands Government, a rate adjustment of 3.2% was verified and approved by th

08 Jul, 2024

Oil Tanker damaged in maritime incident in Cayman Brac

On Saturday, 6 July, an oil tanker, ‘Sea Elephant’ which was delivering diesel to Cayman Brac was involved in an incident in the vicinity of the Cayman Brac Port that resulted in damage to the hull of the vessel and sea floor.

07 Jul, 2024

Cayman Islands Receives All Clear From Hurricane Beryl

The National Emergency Operations Centre (NEOC) has issued the All Clear for Grand Cayman today Thursday, 4 July 2024 at 1pm.

04 Jul, 2024

Cayman Airways fleet safely positioned overseas

The Cayman Airways and Cayman Airways Express fleets have been flown overseas to safety today, July 3, 2024, as part of the airline's strategic hurricane preparedness strategy.

03 Jul, 2024

Cayman Airways adds one more evacuation flight for Wednesday

Cayman Airways confirms that the following additional evacuation flight has been added for today July 3, 2024

03 Jul, 2024

Cayman Islands Aviation Updates for Hurricane Beryl

The Cayman Islands is currently under a Hurricane Alert for Hurricane Beryl with storm conditions expected to impact the Cayman Islands in the next 72 hours.

01 Jul, 2024
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