Settlement Funds to Pay for Permanent Mooring in SMB Park

Using funds from the settlement with the M/Y Tatoosh, Government is now purchasing materials and agreeing contracts for the installation of a permanent mooring at the north end of the Seven Mile Beach Marine Park.

Once the work is complete, additional moorings will be installed using the remainder of the settlement funds.

'Final approvals for payment of the invoices were recently obtained, which means we can move forward with the moorings', said Environment Minister Wayne Panton.

'This permanent mooring will accommodate vessels up to 300 feet long, meaning it can be used by the vast majority of yachts which visit Cayman', he said. 'This is an important step forward for us because it will help prevent damage to our corals and more broadly, to our marine environment, which provides so much enjoyment to us and which boosts our economy'.