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Freeport is a city, district and free trade zone on the island of Grand Bahama of the northwest part of The Bahamas.In 1955, Wallace Groves, a Virginian financier with lumber interests in Grand Bahama, was granted 20,000 hectares (50,000 acres) of pineyard with substantial areas of swamp and scrubland by the Bahamian government with a mandate to economically develop the area.
Freeport Container Port covers a 72-hectare (180-acre) area with docks stretching 1,037 metres (3,402 ft) and a draught of about 16.1 metres (52 ft 10 in). FCP can handle ships up to 16,100 TEUs , and is equipped with three berths averaging 15 metres (49 ft) in depth.
Tug and barge in Freeport Harbour, with container terminal and shipyards in background. The Grand Bahama Port Authority [1] ( GBPA or "Port Authority") is a privately held corporation that also acts as the municipal authority for Freeport, Grand Bahama Island, The Bahamas. The GBPA was created by the Hawksbill Creek Agreement.
Grand Bahama International Airport (GBIA) (IATA: FPO, ICAO: MYGF) is an international airport in Freeport, The Bahamas.It was privately owned until the government of The Bahamas purchased it in April 29 2021 for one Bahamian dollar, a deal they were able to procure largely due to the devastation from Hurricane Dorian, which almost completely destroyed the airport in 2019.
Freeport-McMoRan (NYSE: FCX) Q3 2024 Earnings Call Oct 22, 2024, 10:00 a.m. ET. ... With long-live reserves, large-scale production, Freeport is well-positioned to generate substantial cash flow ...
4-5 May – 2024 World Athletics Relays at Nassau [2] 4 December – Clayton Fernander resigns as commissioner of the Royal Bahamas Police Force amid an investigation by the United States into the force's involvement in drug trafficking. [3]
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Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...