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Location of Jamaica. Jamaica is an island country situated in the Caribbean Sea, consisting of the third-largest island of the Greater Antilles. Jamaica is a mixed economy with both state enterprises and private sector businesses.
Lomar Shipping, the original predecessor to Libra Group, is a Libra maritime subsidiary. Between 2004 and 2007, at the height of a boom in the shipping business, Libra Group sold Lomar's fleet of nearly 70 ships. [11] [14] The company made a substantial profit from sales, which occurred before the 2008 financial crisis. [14]
The sale and purchase of ship is an important aspect of the shipping industry. It may involve large amounts of money and requires brokers to possess knowledge of types of vessels and their function, knowledge of maritime law, as well experience in bargaining .
The Port Authority of Jamaica (PAJ) is an agency of the Ministry of Transport and Mining responsible for the: [1] regulation and development of Jamaica's ports and shipping industry; safety of all vessels navigating the ports of entry; regulation of tariffs on goods passing through the public wharves.
The economy of Jamaica is heavily reliant on services, accounting for 71% of the country's GDP. [17] Jamaica has natural resources and a climate conducive to agriculture and tourism. The discovery of bauxite in the 1940s and the subsequent establishment of the bauxite-alumina industry shifted Jamaica's economy from sugar , and bananas .
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This data does not count: monarchs or governors appointed by monarchs; acting or interim heads of state or government who were not subsequently elected or confirmed; honorary heads of state or ...
NCB Financial Group Limited is the parent company of the National Commercial Bank of Jamaica, the largest and most profitable financial institution in Jamaica. It is also the majority shareholder of Guardian Holdings Limited , [ 1 ] one of the largest insurance providers in the Caribbean, and of Clarien Group Limited , a banking and investment ...