Government of The Bahamas Statement on the Historic Ruling, Tribunal Confirms the Grand Bahama Port Authority Must Make Annual Payments to the Government and People of The Bahamas, Until 2054 Tribunal Rejects Port Authority’s Claim to Exclusive Authority over Freeport

2026-03-03 - 17:35

Nassau, Bahamas – The Government of the Bahamas confirms that the arbitral tribunal has issued a Partial Award in the ongoing arbitration between the Government and the Grand Bahama Port Authority (“GBPA”) concerning the Hawksbill Creek Agreement (“HCA”) and related arrangements. The Partial Award confirms the GBPA ’s liability to make annual payments to the Government